Used Car Sales Surpass 3 Million in March

Used cars have always been a hot commodity, but it seems as if their popularity is continuing to grow. This past March saw sales of pre-owned vehicles top 3 million for the first time in 11 years, with many of the buyers consisting of younger drivers, Auto Remarketing reports. This growing youthful segment, along with lower average prices and an influx of automobiles for sale, helped to drive the overall increase. 

In total, used car sales in March grew 11 percent over this time last year, but this was only a small part of a strong month for the auto industry.  

According to The Salt Lake Tribune, all automobile sales have been on the rise recently, and as people snatch up new cars, their older vehicles go up for sale. Many of these used cars are still in great condition and have a lot to offer a driver – not the least of which is an affordable price. Auto Remarketing reports that a greater number of older vehicles entered the market in March, and their generally lower prices made the cars more accessible to young buyers who may be on a tighter budget than other shoppers. 

Any driver, regardless of budget, can find an adequate used car. There are many benefits to buying a pre-owned automobile, and people who want to explore the opportunities available to them can capitalize on the large number of vehicles they have to choose from. That's certainly the case for those who go shopping at New Jersey Auto Auction, which features many different models at affordable price points to meet any family's needs. Drivers who don't know exactly what they want out of a used car can come to New Jersey Auto and try out a few models until they find one that works for them.