When you are looking to buy affordable used cars in Houston, you are no doubt searching for cheap used cars in Houston or used vehicles for sale in Houston.
The popularity of used cars has been on the rise for the past decade. In 2010, according to Statista figures, while eleven million new cars were sold, used car sales touched 35.7 million! In 2011 as well, 12 million new and 36 million used cars were sold.
The demand for used cars rose significantly in 2015, with 40.6 million used cars being sold. In 2017, about 42 million second-hand cars were sold as compared to 17.1 new cars.
Globally as well, the trend of increasing preference for used cars is picking up. Used cars sales in China, for instance, have been increasing since 2010 at a faster rate compared to new ones as per a recent report. In 2017, there was a growth of 19.3 percent for used cars, but new cars sales grew just by 3.2 percent. Industry experts predict that by 2020, sales of used cars would reach 20 million in China.
Many people are now looking for leading dealers in cheap used cars in Houston because of the ease and convenience of buying used cars. Spending huge amounts of money for new cars does not make sense as depreciation is at its highest in the first two years of buying the new car. While new models come with high costs, within a year or two, they are also likely to be replaced with a newer and better model. All of this adds up to the losses which you are not likely to get back.
There are many advantages when it comes to used cars:
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