Used-vehicle retail sales totaled 1.46 million in June, down -1.5% MoM but up 2.4% YoY, according to Cox Automotive’s vAuto Live Market View.

• Days’ supply of used vehicles held steady at 45, flat MoM but 2 days lower YoY.
• Certified pre-owned (CPO) sales dropped -13.1% MoM to 200,950 and were down -3.7% YoY.
• Fewer selling days and the absence of a holiday weekend contributed to the CPO sales decline.
• Year-to-date, CPO sales remain 2% above the same period last year.
• Cox noted the slowdown was seasonal and expected, with affordability concerns continuing to support used-vehicle demand.