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Ford and Toyota had the most models named as having the best certified pre-owned value among 37 segments by Vincentric, the vehicle valuation firm announced.
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The third annual Vincentric Best Certified Pre-Owned Value in America awards were announced, with Audi, Ford, Honda, and GMC honored with awards recognizing their superior CPO in key vehicle categories.
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Certified pre-owned vehicle sales accounted for 22.7 percent of used sales by dealers, setting a record for a single quarter, according to a report by Edmund's.com. Overall, the sale of used vehicles came in strong in the second quarter of 2015 at approximately $9.6 million, growing at a 5.1 percent year-over-year.
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AutoTrader.com data shows certified pre-owned (CPO) vehicle inventory has risen 6 percent since March and released a list of the best deals on CPO and used vehicles.
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Ford and Toyota each took seven categories in Vincentric's 2014 Best CPO (certified pre-owned) Value awards announced today that covered 41 vehicle segments as well as three affordable brands.
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GMC was honored as the best truck brand in Vincentric's 2013 Best Certified Pre-Owned (CPO) Value in America awards, with GM receiving eight awards total
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ATLANTA - In July, shoppers continued to show interest in big trucks and SUVs despite relatively high gas prices, and the production shortages for new cars coupled with continued short supply of quality used cars have pushed asking prices higher across new, used, and Certified Pre-Owned (CPO) vehicles.
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