The Growing Market for Used Cars
The used car market has become one of the fastest-growing segments of the global automotive industry. Rising vehicle prices, economic uncertainties, and a shift in consumer preference toward affordable mobility solutions have fueled demand for pre-owned vehicles. Many buyers now view used cars as a practical option that combines cost efficiency with reliability.
Technological advancements in vehicle history tracking, online car marketplaces, and certified pre-owned programs have significantly improved transparency and buyer confidence. Consumers can now easily access information about mileage, accident history, and ownership records before making a purchase.
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