Used cars are having a moment during the pandemic. Young potential car buyers are turning to used cars as they look for something “pre-owned and affordable.” Some are taking to social media for advice: On Reddit, teens and young adults are reaching out to seasoned buyers and dealers to figure out what models require less maintenance, are “reliable,” and fit their budgets. The increased demand for used vehicles means that even while sales are down, it allows prices to “stay high and not waver.” YPulse’s Driving Forward trend report found that 11% of 20-38-year-olds have purchased a car because of COVID, and those who are planning to buy soon are most likely to want something pre-owned. (Vox)
