This used car infographic gives potential buyers some things to think about when they start browsing.
Most used car buyers look at a car's performance as the number one factor in their purchase. This is followed by interior, safety, reliability and operating costs. The average used car price in 2007 was $8,186 and rose to $9,100 in 2012, which is a reasonable inflation.
This used car infographic also names the top five family used cars which include Kia Sedona Ext Minivan, Hyundai Entourage Minivan, Saab 9-3 Four Door Sedan, Subaru Legacy Four Door Sedan and Hyundai Santa Fa SUV.
Key things to look at in a used car are replaced parts, paint job, interior, fluid levels, leaks, trunk space and hoses and belts. It's also important to check out the safety features like airbags and the engine's condition.
Second Hand Car Charts
This Used Car Infographic Gives Consumers Useful Buying Tips
Trend Themes
1. Used Car Performance - Disruptive innovation opportunity to improve the performance of used cars through the introduction of new technology and parts.
2. The Rise of Family Used Cars - Disruptive innovation opportunity for car manufacturers to design vehicles specifically for families with features that enhance safety and comfort.
3. Inflation of Used Car Prices - Disruptive innovation opportunity for car manufacturers to create affordable and durable cars that can withstand the test of time and changing consumer demands.
Industry Implications
1. Automotive - Opportunity for the Automotive Industry to develop new technologies and car parts that can improve the performance and safety of used cars.
2. Car Dealerships - Opportunity in Car dealerships to provide customers with options that cater to families looking for affordable, safe and reliable used cars.
3. Auto Insurance - Opportunity for Auto Insurance providers to offer enhanced coverage for used cars based on their performance, safety, and reliability features.