Taking a Look At The Industry Of Pre Owned Vehicles In The United States

Written by cartalk on . Posted in Car dealership special, Pre owned car, Used cars for sale in indianapolis indiana

If you live in the United States, it is more likely than not that owning or at least leasing a car is something of a necessity. Some people are lucky and are able to live in areas where public transportation is widely available and reliable. However, this is just not the case for the majority of residents of this country, and having your own method of transportation is critical. After all, you’ve got to get to your job. You’ve got to get to school, or the doctor, or extracurricular activities with your children. Owning your own car gives you a great deal of agency.

But brand new cars can be insanely expensive, costing, on average, just over thirty five thousand dollars. The vast majority of people are not able to pay that kind of money all at once, and instead find themselves taking out loans and setting up payment plans, a course that not everyone is particularly comfortable with. Leasing a car or other such motor vehicle presents another option, but it is one that sometimes becomes more expensive than it is worth over the course of time and can make owning a car feel like the true economical decision. So what do you do if you don’t want to lease a car but you can’t afford a brand new one? You look at used vehicles and pre owned vehicles.

Pre owned vehicles are becoming more and more popular here in the United States as people seek to save money more efficiently. And used cars for sale are a great way to do so, as they are often priced at only a fraction of what you would have payed for a brand new motor vehicle. In fact, when the average person begins to look at pre owned vehicles through used car dealers, they are most likely going to look for something that is no more expensive than five thousand dollars, a mere sliver of the price of the typical brand new car.

The need for pre owned vehicles and used cars for sale can be seen in the used car sales themselves. In fact, it is more likely that you will drive a used car at some point than that you will not, and recent data has found that the average car that is currently on the road in the United States will typically have as many as three owners before officially and finally being retired. When we calculate the average age of all of the vehicles that are currently on the road throughout the entirety of the country, we find the average age to be one that is more than eleven years old. And the drive (so to speak) for used cars and pre owned vehicles, from the used SUV to the used truck, is only likely to continue to grow, as the sale of the pre owned vehicle has been consistently rising for the past seven years without pause. Used cars and pre owned vehicles now even make up as much as seventy five percent (three cars or other such motor vehicles out of every four) of all of the car and motor vehicle sales seen in the United States today.

However, when you are looking at pre owned vehicles it is good to have a certain amount of caution, as it is true that you will not know the origin of the car as clearly as you would have if you had bought it new yourself. Asking for a vehicle history report is crucial and can give you all of the information that you need to know about a car. Many dealerships will provide a vehicle history report as a standard part of the services that they provide, but there is the chance that you will need to purchase one yourself. This will most likely be the case if you are not looking to buy a used car at a dealership but are interested instead in a private party seller who is most likely the current owner of the car. Fortunately, it is unlikely that the cost of the vehicle history report will be exorbitantly expensive.

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