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Q: business ( Answered 4 out of 5 stars,   0 Comments )
Question  
Subject: business
Category: Business and Money
Asked by: skippers-ga
List Price: $10.00
Posted: 10 Nov 2002 14:52 PST
Expires: 10 Dec 2002 14:52 PST
Question ID: 104808
how many used cars, boats (include all boats eg. sailboats, motor
boats and yaughts), mobile homes, are sold each year in the united
states for the past few years.  If possible have total market value in
dollars for each category.  Very important to include youir sources

Request for Question Clarification by bobbie7-ga on 10 Nov 2002 16:40 PST
Hello Skippers,

I have only located the information you require for used cars.
This includes volume of used car sales from 1990-2000 and value in
billions for each year as well.

This report has a number of graphs that may interest you as well, such
as vehicles in operation by age 1990-2000 and  survival rates of
vehicles by age.
If you want me to post this as an answer just let me know.

Thanks
--Bobbie7-ga

Clarification of Question by skippers-ga on 10 Nov 2002 16:43 PST
yes please post your answer it is sufficient pls give sources where possible

Clarification of Question by skippers-ga on 10 Nov 2002 16:59 PST
yes please go ahead and give me your answer for used cars only ie how
many used cars are sold in the united states each year, this is
sufficient as an answer.  If possible also outline how many are
financed vs. bought outright.
Answer  
Subject: Re: business
Answered By: bobbie7-ga on 10 Nov 2002 18:26 PST
Rated:4 out of 5 stars
 
Hello Skippers,

Thank you for your question.

My search returned the following results for used car sales in units
and in dollars.
 
----------------------------------
   Used Vehicle Sales Trends
----------------------------------
Year    Volume        Value 
        (000s)       ($billions)
----------------------------------
2000    41,620        $363
1999    40,740        $353
1998    40,840        $335
1997    41,240        $337
1996    40,801        $333
1995    41,758        $325
1994    40,141        $292
1993    38,057        $257
1992    36,950        $247
1991    37,290        $230
1990    37,530        $219
Source: CNW Marketing Research

Vehicle Sales Trends

“Record sales were recorded for used vehicles in 2000. Used vehicle
sales ramped up to a near record of 41.6 million units, just 140,000
units shy of 1995's peak level. Certainly the strong economy and
competitive vehicle pricing had much to do with these results.”

Vehicle Value Trends 

“Total retail revenue for used vehicle sales was greater than new
vehicle revenue each year from 1994 to 1999, but in 2000, record new
unit sales pushed new vehicle revenue slightly above that of used
vehicles.”

Vehicle Volume Trends 

“While new vehicle sales have posted spectacular increases in recent
years, used unit sales, especially those by franchised dealers, have
provided a more predictable rise. Independent dealers, with a 6%
increase in unit sales, showed the biggest gain in used vehicle
volumes last year.”

Source: Used Car Market Report by Manheim
http://www.manheimauctions.com/HTML/ucmr/marketplace1.html#

The Used Car Market Report by Manheim has a number of graphs and
illustrations that may interest you as well.

A diagram illustrating the movement of used and new vehicles through
the market place
http://www.manheimauctions.com/HTML/ucmr/marketplace2.html

Many Routes of Sales Exist for Used Cars

“There are an infinite number of routes that a vehicle can follow in
moving from one owner to another. As seen in the three simple
examples” here:
http://www.manheimauctions.com/HTML/ucmr/marketplace3.html#

Graph of Household Income of New and Used Vehicle Buyers 
http://www.manheimauctions.com/HTML/ucmr/marketplace4.html

Graphs and charts showing vehicles in operation by age and survival
rates of vehicles by age, as well can be found here:
http://www.manheimauctions.com/HTML/ucmr/us1.html

“Vehicles more than 10 years old have been the fastest growing segment
of the vehicle population, but the other age categories have also
shown substantial absolute growth. Vehicles between 3 to 6 years old
are a prime market for their first vehicle transfer, while 7- to
10-year-old vehicles are often ripe for their second or third trade.”

“After 13 years of use, 60% of the 1986 models sold were still in
operation. Only 32% of the 1966 model vehicles were still on the road
after 13 years of use.”
http://www.manheimauctions.com/HTML/ucmr/us1.html

Additional information that may interest you:

Used-car price slump hits leases by Arlena Sawyers
“New-car incentives cut used-vehicle demand, destroy residual values”
Source: Automotive News / August 05, 2002
http://www.autonews.com/news.cms?newsId=2961


Search Criteria:
used car sales
used car unit sales
used car sales billions
used vehicle sales +unit
used vehicle sales billions


I hope you find this helpful and if there is anything that I've
written that needs clarification, please ask before you rate this
answer.

Best Regards,
Bobbie7-ga

Clarification of Answer by bobbie7-ga on 10 Nov 2002 18:33 PST
Unfortunately I was not able to locate the additional information you
requested in the clarification about the number  financed vs. bought
outright. However if I come across this information in the future, I
shall post it here as well.

Thanks
--Bobbie7-ga
skippers-ga rated this answer:4 out of 5 stars

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