4 ms·
100% of americans shouldn't buy new cars when "certified pre-owned" (<5k milage) is available
by _8j50 3y ago
100% of americans shouldn't buy new cars when "certified pre-owned" (<5k milage) is available
- jen20 3y agoHow exactly are the cars becoming “certified used” if 0% of people are buying them new..?
- dsr_ 3y agoCorporate fleet vehicles (rental cars, 'company cars') are the main source.
- kube-system 3y agoAbout 25% of car sales are new cars. https://www.statista.com/statistics/183713/value-of-us-passenger-cas-sales-and-leases-since-1990/ https://www.statista.com/statistics/183713/value-of-us-passe...
- jen20 3y agoSo?
- analyte123 3y agoNot always the case recently. Shopping this year I found that <2 year old used cars were often more expensive than new cars due to lack of dealer incentives and concessions on financing. A similar dynamic is emerging for houses [1] as homebuilders have more reasons to sell their inventory than existing homeowners do. [1] https://www.cbsnews.com/news/real-estate-old-homes-now-cost-same-as-new-homes/ https://www.cbsnews.com/news/real-estate-old-homes-now-cost-...
- SoftTalker 3y agoEven that is debatable. My newest car is a 2006 model year. I bought it a couple of years ago. It's perfectly reliable, I paid $4,000 for it.
- ryeights 3y agoHave you tried shopping for a car in the last 3 years? Because if you had I’d expect you wouldn’t be making this statement. In my area many used models are MORE expensive than new ones due to onerous wait times and dealer shenanigans.