When asked about "Car ownership", * percent of U.S. respondents answer "Yes, a company car". This online survey was conducted in 2025, among ****** consumers. Looking to gain valuable insights about car owners across the globe? Check out our reports about consumers of car brands worldwide. These reports provide readers with a detailed understanding of car owners: their identities, preferences, opinions, and how to effectively engage with them.

On average, there are 1.88 vehicles per U.S. household. According to the U.S. Department of Transportation, the percentage of households without a car or light truck came to around nine percent in 2017, meaning that about 90 percent of households had at least one light vehicle at their disposal in that same year.

Most Americans drive daily

In a recent Gallup poll among U.S. adults, about 64 percent of respondents claimed to drive daily, while another 19 percent of respondents stated that they would use a motor vehicle multiple times in an average week. These figures are in line with the U.S. motorization rate, which stood at 821 vehicles per 1,000 inhabitants in 2015.

 These streets were made for driving  

The United States has the most extensive road network, compared to any other country in the world: its road network encompasses almost 6.6 million kilometers or about four million miles. In 2018, there were about 270 million vehicles roaming the streets of the country.

According to the Statista Consumer Insights, carried out between October 2022 and September 2023, ** percent of respondents in the United States indicated that they had access to a car in their household. This is a slight decrease compared to previous years. In 2019, ** percent of respondents said that they had access to a car.

Around **** of all car owners in the U.S. are over the age of 60 years old. High upfront and running costs can be expensive, and many Americans must either save up or wait until they have the income to afford vehicle ownership.

The fields available include make, model, year, trim, style, fuel type, MSRP, and many more.

We have developed this file to be tied to our Consumer Demographics Database so additional demographics can be applied as needed. Each record is ranked by confidence and only the highest quality data is used. This file contains over 180 million records in addition to over 1 million+ fresh automotive intender records per day.

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This statistic shows the share of Americans who planned to buy a car within the next 12 months in 2022. The results were sorted by income tier. In 2022, ** percent of respondents who stated their income was high said they planned to buy a new car.

The graph illustrates the number of registered cars in the United States from 1995 to 2023. The x-axis represents the years, spanning from 1995 to 2023, while the y-axis denotes the number of registered cars, ranging from 1,354 to 999,469. Throughout this period, the number of registered cars shows considerable fluctuations, with the highest count of 96,901,563 in 2022 and the lowest of 1,354 in 2006. Overall, there is a notable upward trend in car registrations over the years, despite intermittent decreases. The data is presented in a line graph format, effectively highlighting the annual changes and long-term growth in the number of registered vehicles in the United States.

Graph and download economic data for Expenditures: Vehicle Purchases (Net Outlay) by Race: White, Asian, and All Other Races, Not Including Black or African American (CXUVEHPURCHLB0902M) from 1984 to 2023 about outlays, purchase, asian, vehicles, white, expenditures, Net, and USA.

Graph and download economic data for Expenditures: Vehicle Purchases: Cars and Trucks, New by Housing Tenure: Homeowner without Mortgage (CXUNEWCARSLB1704M) from 2003 to 2023 about purchase, trucks, homeownership, mortgage, vehicles, expenditures, new, housing, and USA.

Graph and download economic data for Expenditures: Vehicle Purchases: Cars and Trucks, New by Quintiles of Income Before Taxes: Highest 20 Percent (81st to 100th Percentile) (CXUNEWCARSLB0106M) from 1984 to 2023 about purchase, trucks, percentile, tax, vehicles, expenditures, new, income, and USA.

This statistic shows the percentage of households owning a passenger car in 2014, with a breakdown by major economy. In 2014, more than ** percent of Japanese households had registered at least one passenger vehicle.

Car ownership in households

Unsurprisingly, most countries with high car ownership rates in 2014 were regions with advanced economies. Americans were on the top of the list among surveyed countries, with ** percent reporting to own a car. More common places to find a car included Germany, South Korea, France, Malaysia, and Japan, each with more than an ** percent car ownership rate. By contrast, Vietnam and Bangladesh had the least passenger vehicles registered, with only two percent of the population reporting to own a car.

In the United States, a great share of people from affluent households reported owning or leasing a vehicle falling into the truck, SUV, and van category, followed by crossover vehicle. Toyota, Honda and Nissan were the best-selling passenger car manufacturers in the country, in terms of sales in 2015.

Two-wheelers, the more economical alternative to a car, were more often seen in South and Southeast Asia, as more than ** percent of households in Thailand, Vietnam, Indonesia, and Malaysia owned a motorcycle or scooter. Overall, bicycles were more common around the globe than cars. Countries with the most bike owners include Germany, Indonesia, China, and India.

Graph and download economic data for Expenditures: Vehicle Purchases: Cars and Trucks, Used by Age: from Age 35 to 44 (CXUUSEDCARSLB0404M) from 1984 to 2023 about used, age, purchase, trucks, vehicles, expenditures, and USA.

Graph and download economic data for Expenditures: Vehicle Purchases: Cars and Trucks, New by Composition of Consumer Unit: Single Person and Other Consumer Units (CXUNEWCARSLB0610M) from 1984 to 2023 about consumer unit, purchase, trucks, vehicles, expenditures, new, personal, and USA.

The graph displays the number of retail car sales in the United States from 1976 to 2025. The x-axis represents the years, ranging from 1976 to 2025, while the y-axis indicates the number of cars sold, spanning from 10,357,300 to 17,477,300. Throughout this period, car sales exhibit significant fluctuations, with the highest sales of 17,477,300 units occurring in 2016 and the lowest of 10,357,300 units in 1982. Overall, the data reveals an upward trend in retail car sales over the decades, despite occasional declines during certain years. The information is presented in a line graph format, effectively highlighting the annual variations and long-term growth in car sales within the United States.

Graph and download economic data for Expenditures: Vehicle Purchases: Cars and Trucks, Used by Occupation: Wage and Salary Earners: Construction Workers and Mechanics (CXUUSEDCARSLB1207M) from 1984 to 2021 about mechanics, used, occupation, purchase, trucks, salaries, workers, vehicles, expenditures, construction, wages, and USA.

The statistics shows the brands of cars used primarily by American households in 2024. The results were sorted by income tier. As of **********, ** percent of respondents who stated their income was high said they used a BMW. The survey was conducted in 2024, among ***** respondents.Want to know more about the topic of mobility? Check out share of car owners in selected countries worldwide to see how car ownership varies across the globe. You can access millions of exclusive survey results with Statista Consumer Insights.

Graph and download economic data for Expenditures: Vehicle Purchases: Cars and Trucks, Used by Region: Residence in the Northeast Census Region (CXUUSEDCARSLB1102M) from 1984 to 2023 about Northeast Census Region, used, purchase, trucks, vehicles, expenditures, residents, and USA.

Graph and download economic data for Sales: Retail Trade: Car Registration: Passenger Cars for United States (SLRTCR03USQ659S) from Q1 1960 to Q3 2021 about car registrations, vehicles, retail trade, sales, retail, and USA.

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US Used Car Market Size 2025-2029

The us used car market size is forecast to increase by USD 40.2 billion at a CAGR of 4.3% between 2024 and 2029.

The used car market in the US exhibits robust growth, driven by the excellent value proposition that pre-owned vehicles offer to consumers. This market trend is further bolstered by the increasing penetration of online platforms dedicated to selling used cars, providing greater convenience and accessibility for buyers. However, the market faces regulatory challenges as stricter emission regulations limit the sale of non-compliant used cars, necessitating investments in upgrading inventory and adhering to regulatory frameworks. These hurdles, while significant, can be navigated through strategic partnerships with emission testing centers and ongoing investment in fleet modernization. Companies that effectively address these challenges and leverage the opportunities presented by the growing demand for used cars and the digital shift in sales channels will thrive in this dynamic market.

What will be the size of the US Used Car Market during the forecast period?

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In the dynamic used car market, consumers face various challenges such as car scams and fraudulent activities. To mitigate risks, car buyers turn to comprehensive car buying guides and car detailing services. A VIN number check is essential for vehicle identification and history assessment, while emissions testing ensures environmental compliance. Car sharing and subscription services offer flexible mobility solutions. Vehicle registration and title transfer processes can be streamlined through digital means, and car refurbishment and connected car technology enhance safety and convenience. Blind spot monitoring and adaptive cruise control are popular safety features, while collision avoidance systems and lane departure warning systems provide added protection. Used car logistics and online financing applications simplify the purchasing process, and extended warranties offer peace of mind. Wireless charging, smartphone integration, and vehicle diagnostics are essential features for modern cars. Sustainable mobility and car comparison tools cater to eco-conscious consumers, while car maintenance schedules and roadside assistance ensure long-term vehicle care. Remote vehicle inspection and car care tips help maintain a car's resale value, and car subscription services offer flexible ownership alternatives. Used car fraud prevention and vehicle identification technologies protect buyers from potential risks. Car safety ratings and vehicle identification numbers are crucial tools for informed decision-making.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. Distribution Channel3P channel salesOEM channel salesProductMid sizeFull sizeCompact sizeVendor TypeOrganizedUnorganizedFuel TypeDieselPetrolGeographyNorth AmericaUS

By Distribution Channel Insights

The 3p channel sales segment is estimated to witness significant growth during the forecast period.

The used car market in the US is a dynamic and significant sector, with numerous entities shaping its activity. Used car buyers continuously seek value, leading to a high demand for pre-owned vehicles. Search engine optimization and online advertising play crucial roles in connecting buyers with sellers, whether they're private parties or car dealerships. Wholesale car lots and auctions provide inventory for dealerships, ensuring a steady supply of used cars. Fleet vehicles, often traded in for newer models, contribute to the used car inventory. Maintenance records and vehicle history reports are essential for buyers, influencing their purchasing decisions. Safety features, infotainment systems, and driver assistance are increasingly desired in used cars, especially among budget-conscious consumers and luxury car buyers. Electric and hybrid vehicles are gaining popularity, driving the demand for used models in these categories. Car negotiation, fuel economy, and vehicle valuation are essential factors in used car selling. Digital marketing, including social media, mobile apps, and data analytics, helps sellers reach a wider audience. Certified pre-owned vehicles, reconditioned cars, and consignment sales offer buyers additional options and peace of mind. Car financing, vehicle inspections, and warranties are essential components of the used car buying process. Autonomous driving technology and car pricing trends continue to evolve, impacting the used car market. As the average ownership cycle shortens, the market will see an increase in the availability of used cars, making it an exciting and ever-changing landscape for both buyers and sellers.

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Graph and download economic data for Expenditures: Vehicle Purchases: Cars and Trucks, New by Region: Residence in the Midwest Census Region (CXUNEWCARSLB1103M) from 1984 to 2023 about Midwest Census Region, purchase, trucks, vehicles, expenditures, residents, new, and USA.