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Research Outline
Prepared for fiona2 | Delivered January 7, 2020
Private Used Car Sales
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Goals
To find the number and age of private used car sales by state.
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Early Findings
Used Car Sales in the U.S.
In 2018, there were
40.2 million
used light-duty vehicles sold in the U.S.
Out of this total, franchise dealerships were predicted to sell over
2.7 million
used cars.
This includes sales by
dealerships
, franchises and private parties.
It is predicted that it would reach
41 million
in 2019.
Used Car Sales Demographics
Around 25% of used car buyers are between
45-54 years old
.
Around 22% of used car buyers are between
35-44 years old.
Around 15% of used car buyers are between
25-34 years old.
Less than 5% of used car buyers are between
18-24 years old.
Used Car Sales per State
California
In California, used cars sales increased by
5% in the first
semester of 2019.
In 2018,
3,722,856
used cars were sold in 2018.
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