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. <\/p>\n
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. <\/p>\n
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. <\/p>\n