In fact, most don't. 3/4 of car sales in the US are used cars. The vast majority of Americans are driving used cars. Only relatively well-to-do people buy ne

In fact, most don't. 3/4 of car sales in the US are used cars. The vast majority of Americans are driving used cars. Only relatively well-to-do people buy new cars. It might seem counterintuitive, but the stock of cars on the road is rotated around a lot, and new cars are only a small fraction of them.