Facts About Used Cars

1. Three out of four automotive transactions in the U.S. involve previously owned vehicles.

2. The average vehicle will likely have three owners in its lifetime.

3. The most frequently searched price range for a used vehicle is under $5,000.

4. There are more used Silverado pickup trucks for sale than any other model (nearly 120,000 throughout the U.S.)

5. Texas has more used vehicles than any other state (more than 220,000); Houston alone has more than 32,000 on the market at any given time.

6. Silver is the most available color in the used vehicle market -- more than 447,000 vehicles, followed by black (429,000), white (409,000), and red (321,000). Blue (309,000) and gray (277,000) are also aplenty. The color you're least likely to find? Pink, with just 249 used vehicles listed.

7. Automatic transmissions outnumber manual 10 to 1 in the market for used vehicles.

8. Six cylinder vehicles are the most popular on the used car market, accounting for nearly a third of the total available.

Premium Finance serves Southern California's used car & financing needs. Give us a call today!