What are the demographics of car enthusiasts?
Audience Demographics 66% of automotive enthusiasts are male. While that’s still the majority, young women (18-34) also make up a large portion of the DIY community, with 54% performing their own automotive maintenance. Women Buy More Cars than Men Women purchase 62% of all new cars sold in the United States. Even if they aren’t the ones directly purchasing the car, they’ve likely had something to do with it, as women also directly influence 85% of new car purchases.The source reported that according to an NBCUniversal survey, women have a major say in an overwhelming 85 percent of all vehicle purchases. In fact, women are responsible for 60 percent of all vehicle sales, spending $80 billion on automobiles every year.
What’s the oldest used car you should buy?
The optimal time to purchase a used car is typically between 2 to 5 years old. Within this age range, the vehicle has already experienced the most significant depreciation, yet remains relatively new and in good condition. The best age for a car in terms of resale value can vary, but generally, cars that are 3-5 years old tend to have the best balance of depreciation and value.