Used Cars Are the New Luxury Vehicles: 3-Year Old Beaters Now Cost Over $32,400
The article notes that used cars are no longer the budget alternative they once were, with three-year-old vehicles now averaging over $32,400. Historically the used-car lot was the affordable escape hatch for buyers who let someone else absorb new-car depreciation, but that cost advantage is eroding.
Why it matters — Higher used-car prices could keep older vehicles on the road longer and influence demand for replacement parts, which is relevant to AutoZone's aftermarket business.