New York Tops Big Cities for Used Car Sales

There was good news for New York City’s used car dealerships this week as the city topped nearly every used car sales category in units sold last year.

According to CNW Research, New York City’s independent dealerships sold 1,251,894 units in 2012, beating out Los Angeles and San Francisco, and also beat out all other cities for private party sales and total used car sales overall. New York was beaten out by Los Angeles for used car sales by franchised dealerships, but in that category, they still sold an impressive 744,795 units.

The top 5 cities in each category are listed below.

Units Sold by Independent Dealerships

1.       New York – 1,251,894 units

2.       Los Angeles – 848,787 units

3.       San Francisco-Oakland-San Jose, Calif. – 479,666 units

4.       Chicago – 434,225 units

5.       Philadelphia – 391,653 units

Units Sold by Franchised Dealerships

1.       Los Angeles – 1,025,646 units

2.       New York – 744,795 units

3.       San Francisco-Oakland-San Jose, Calif. – 614,377 units

4.       Chicago – 540,306 units

5.       Philadelphia – 480,341 units

Units Sold by Private Party

1.       New York – 609,736 units

2.       Los Angeles – 567,596 units

3.       Chicago – 489,556 units

4.       Seattle-Tacoma, Wash. – 359,677 units

5.       Dallas-Fort Worth, Texas – 355,116 units

Total Used Sales by City

1.       New York – 2,606,426 units

2.       Los Angeles – 2,442,030 units

3.       Chicago – 1,464,088 units

4.       San Francisco-Oakland-San Jose, Calif. – 1,437,173 units

5.       Dallas-Fort Worth, Texas – 1,074,076 units

If you are looking to move more inventory and boost foot traffic in your dealership, Special Finance Group is ready to assist you with their Complete Special Finance Solution. To learn more about what Special Finance Group can do for you, go to http://www.specialfinancegroup.com, and connect with Special Finance Group on Facebook, Twitter, and LinkedIn.

Image courtesy of Bill Longshaw / FreeDigitalPhotos.net