February activity above seasonal normal, lowering supply.
May deliveries hit two-year-plus high as volume trims a little off supply.
But year-over-year volume down on high borrowing rates, rough winter.
Online-focused offerings target young, first-time buyers.
Cox says their sales fell 10% month-over-month, though they’re still outdoing overall used market for the year.
Cox says expanded eligibility results not yet fully manifested.
August shows they’re leading used deliveries at a measured pace.
Segment doing better than thought, though overall used sales SAAR ended the month down Y-O-Y.
Modest increase still less than normally seen during spring selling season.
Dealer strategy shifts are bearing fruit, finds Cox Automotive's most recent report.
