Certified Used Cars
Because of the recession that hit in late 2008, people have been holding onto their rides for longer than usual, waiting for better days before trading in old wheels for new ones. The fact that vehicles in general are more reliable than ever has only exacerbated the lack of low-mileage used cars, as owners rack up tens of thousands of trouble-free miles before finally trading them in.
According to IntelliChoice, a provider of automotive cost and value analysis, Volvo and Hyundai have the best certified pre-owned programs in the auto industry.
Used car salesmen may have a bad reputation, but that sure doesn't seem to keep U.S. consumers from buying used cars. In 2004, we bought 13.6 million new cars and light trucks and leased 3.3 million new cars and light trucks -- but went home with 42.5 million used cars and light trucks, an increase of just under 12% from 1990, according to the Bureau of Transportation Statistics.But these days, us