Net used light truck purchases in the United States stood at nearly 194.8 billion U.S. dollars in the second quarter of 2022, compared to just around 52.1 billion U.S. dollars for used cars. Net purchases of used cars had been slowly dipping down since the first quarter of 2018, before picking slightly back up during the COVID-19 pandemic. Car sales in the U.S. had overall been declining, with light trucks becoming the more popular vehicle type.
Quarterly net purchases of used cars and light trucks in the United States between 1st quarter of 2015 and 2nd quarter of 2022
(in billion U.S. dollars)
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St. Louis Fed. (August 25, 2022). Quarterly net purchases of used cars and light trucks in the United States between 1st quarter of 2015 and 2nd quarter of 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1325120/us-quarterly-net-purchases-of-used-light-trucks-and-autos/
St. Louis Fed. "Quarterly net purchases of used cars and light trucks in the United States between 1st quarter of 2015 and 2nd quarter of 2022 (in billion U.S. dollars)." Chart. August 25, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1325120/us-quarterly-net-purchases-of-used-light-trucks-and-autos/
St. Louis Fed. (2022). Quarterly net purchases of used cars and light trucks in the United States between 1st quarter of 2015 and 2nd quarter of 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1325120/us-quarterly-net-purchases-of-used-light-trucks-and-autos/
St. Louis Fed. "Quarterly Net Purchases of Used Cars and Light Trucks in The United States between 1st Quarter of 2015 and 2nd Quarter of 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Aug 2022, https://www.statista.com/statistics/1325120/us-quarterly-net-purchases-of-used-light-trucks-and-autos/
St. Louis Fed, Quarterly net purchases of used cars and light trucks in the United States between 1st quarter of 2015 and 2nd quarter of 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1325120/us-quarterly-net-purchases-of-used-light-trucks-and-autos/ (last visited November 21, 2024)
Quarterly net purchases of used cars and light trucks in the United States between 1st quarter of 2015 and 2nd quarter of 2022 (in billion U.S. dollars) [Graph], St. Louis Fed, August 25, 2022. [Online]. Available: https://www.statista.com/statistics/1325120/us-quarterly-net-purchases-of-used-light-trucks-and-autos/
