Sales of certified used vehicles are heading for a record 2 million-plus units this year, pumped up by more off-lease vehicles returning to the market and by manufacturers' program enhancements.
And sales will go even higher next year, predict industry watchers and certified used vehicle program managers at automakers.
The industry sold 1,941,186 certified used vehicles through November, 16 percent more than it sold in the year-earlier period and 6 percent more than the 1,834,766 it sold in all of 2012, the previous record year.
Rick Wainschel, vice president of consumer insights at AutoTrader.com, and part of a team that oversaw the company's 2013 Certified Pre-Owned Study, says sales of certified used vehicles easily will exceed 2 million by year end.
He predicts 2014 sales will be even higher because of an increase in off-lease vehicles -- the bread-and-butter of certified used vehicle programs -- plus better acceptance among consumers.
"It's going to be a good year," Wainschel told Automotive News.