The data is available by subscription on the autoniq app and showcases information on similar year, make, and model vehicles sold at auction.
The seasonally adjusted annual rate (SAAR) of sales declined to 35.7 million, down from 40.9 million in September 2020.
With high prices and fast sales, dealers are selling cars before they get a chance to pull them into their shops to recondition them up to full CPO standards.
Tight vehicle inventory continues to vex the auto industry while high prices deter buyers.
The profit index sets another record high, while the price pressure index increased modestly.
CPO sales are up 12% versus the same time in 2020 and are marginally above the same period in 2019 when a record-high 1,900,589 units were sold.
The sales conversion rate also increased last month and ended at a level higher than typical for August, indicating buyers have become more aggressive than they were in June and July.
High prices and relatively tight inventory keep more buyers at bay.
The mid-month Manheim Used Vehicle Value Index is still up 18% year over year.
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