You don’t spend a lot of time dwelling on the used car world unless you’re in the market for a pre-owned vehicle. Even then, your attention is spent mostly on the task at hand, and that’s finding the right car for you. But in the pre-owned industry, there’s more than meets the eye. Here are seven used car facts you probably hadn’t considered before.
Silver is the most popular color for a used car
You might be looking for a blue, red, black, white, or gray car, and they are around. But far and away, there are more silver used cars for sale than any other. That also means that more silver cars are initially sold new also!
You might have trouble finding a stick shift
Most cars these days have an automatic transmission. You might be surprised to find out that, for used cars, there are about 10 cars with automatic transmissions for every one with a manual gearbox.
More used cars sell annually than new vehicles
It’s not even close. Three out of four cars bought and sold in the United States is a used car. It’s a byproduct of longer-lasting cars as well as more expensive new car prices.
Beware the airbags
A little-known fact is that airbags are an issue in the used car market. Some shady dealers fix up wrecks and install used airbags, which is a no-no. That’s why it’s so important to get a vehicle history report.
Vehicle history reports are almost never complete
It’s prudent to obtain a vehicle history report on a used car before buying it, but there could be details left out. Any repairs done ‘on the side’ or by the owner on their own aren’t going to show up on the report. You always want it looked over by a certified technician before you buy.
On average, three people will own a car in its lifetime
Some cars more some less. On average, a car will have three owners before it’s relegated to the scrap heap. However, with cars lasting longer than ever, this statistic may begin to stretch.
The most popular engine is a V6
A four-cylinder can seem small in some vehicles while a V8 is seen as a gas guzzler. More people opt for a V6 in a used car than any other engine because it’s the best all-around engine. It has power as well as efficiency.