The used light-duty vehicle market is more than twice the size of the new light-duty vehicle market for the years 2012 through 2018.
July 15, 2019
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The used light-duty vehicle market is more than twice the size of the new light-duty vehicle market for each year shown. Used vehicle sales for 2018 were 40.2 million vehicles, while new vehicle sales were 17.2 million. Used vehicle sales include pre-owned vehicles sold by dealerships, franchises, independent used vehicle dealers, and private party transactions.
