I’ve been seeing more and more used cars for sale as I drive through town lately. That, and there seems to be more used car lots opening up. These are not junkers for sale on the corner, most of them seem to be late model vehicles, in good shape.
Has anyone else noticed more used cars on the market? Is there some reason for this? I’m seriously considering looking for a used pickup truck, if I can get one at a good deal.
I understand it is true and the explanation is that the automakers are offering 0% financing in order to keep new car sales up. Used cars are staying on the market longer as well, so negotiate well!
Also, I believe that more forlks are leasing cars these days rather than purchasing them. This practically guarantees a large supply of 3-to-four year old cars just coming off of lease and into the used-car market.
What the first two respondents said plus, cars are generally built much better these days and thus last longer. I’d guess the ever increasing supply of people might have something to do with it, as well.