June 6, 2003
Popularity of certified used cars increases
Westlake Village, California – The popularity of certified pre-owned vehicles continues to increase, despite competition from aggressive new-vehicle incentives, according to the J.D. Power and Associates 2003 Used Vehicle Sales and Certification Study released on Thursday.
The U.S. study, which measures the satisfaction and experiences of owners of late-model used vehicles that have undergone a dealership certification process, finds that sales of certified pre-owned (CPO) vehicles has increased to 38 percent