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If every vehicle is sold two more times as a used car after the initial "new" sale, and if the number of new cars sold each year is roughly constant, then each year there has to be twice the number of used cars sold than new cars......
Commented Jul 16, 2019 on US used vehicle sales are more than double the number of new vehicle sales at Green Car Congress
US used vehicle sales are more than double the number of new vehicle sales
In the US, 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 dealership...
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