Used cars are still the most sold cars in the United States and the world. This is mainly because people don’t often go for new expensive vehicles when they can find their former models at relatively low prices and without too much wear. Some people also get tired of new cars quickly and sell them in order to buy newer and hopefully more advanced models. Here are some fun facts about used cars.
Cars have an estimated useful life of 10 years give or take a few. Within this time, these cars might have been used by several people. According to statistics, the average car will be owned by three people before it is discarded. Because of this and other factors, three quarters of all cars sold in the United States are previously owned cars.
Did you know that a car can be reconditioned and sold after it has been completely submerged in water for weeks? This is the case for many cars that have suffered the brunt of hurricanes. According to estimates, almost 200,000 cars that were damaged by flooding in the devastating Hurricane Katrina were dried up and sold as used cars. These cars work just fine but they have an unusually higher rate of wear because they are dying from the inside out.
There are some places in the U.S. where people often go for brand new cars. These include places where people have a lot of disposable income and like to live lavish lives. This is not the case in Texas because it has more used vehicles than any other state in the country.
People who are looking for used cars often have price as one of the top priorities. These people scour the Internet to find the car that will give them the best value for their money. According to search statistics, the majority of people who want used cars look for cars that cost less than $5,000.
Of all the available used cars in the United States, the most available brand is Chevrolet since there are more than 450,000. There are 425,000 Ford vehicles while Toyotas are 280,000. The most available color when you are looking for a used car is silver at 447,000. It is followed by black, white, red, blue, and grey at 429,000, 409,000, 321,000, 309,000, and 277,000 respectively. The least common used car color is pink since only about 250 vehicles are available at any given time.
Air conditioning is very important to drivers and there is a misconception that used cars usually don’t have air conditioning. This is not true because almost half of previously owned cars have air conditioning.
Most previously owned cars have six cylinder engines. Almost one in every three used cars has a six-cylinder engine. To put this into perspective, the number of six cylinder engines is the same as the number of both four and eight cylinder engine vehicles combined. On the other hand, a person is least likely to find a used car with a 16-liter engine. There were only 23 such vehicles in 2008 and they cost six figures which is much higher than the average price of used cars.