Luxury Buyers Favor New

By Staff Writer May 31, 2018

Luxury buyers want new cars.

A recent survey by Jumpstart Automotive Media found 70 percent of luxury buyers are buying their primary vehicle new. They are 41 percent less likely to purchase a used vehicle than mass-market buyers.

Seventy-seven percent typically purchase or lease a new vehicle every three years or less.

Last modified on Thursday, 31 May 2018 01:37

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