Tesla Vs. BYD 2023: TSLA Stock Surges Into Buy Area As Cybertruck Nears; BYD Profit Booms

The Wall Street Journal

Shopping for a Used Car? You’ll Probably Find a Lot of Old Ones

A dwindling supply of lightly-used vehicles means 51% of used car sales in the second quarter were for vehicles that were more than three years old. “If you are in the market, everything you’re looking at is older and has more miles,” said Ivan Drury, director of insights at Edmunds. This is a ripple effect from the pandemic, [which strained car supplies](https://www.wsj.com/articles/5-ways-buying-car-changed-pandemic-643cb2c0): + Car rental companies typically sell their vehicles when they are one or two years old, but have been holding onto cars longer because it’s difficult to get new cars, Drury said.

Go to Source