I do not understand this survey at all. Help me out.
Well, the people over at iSeeCars.com gathered up the mileage listed on 11.8 million used cars traded in during 2020 and started tallying them up. And guess what? Big SUVs rule!
“They analyzed over 11.8 million Pre-Owned cars sold in 2020, models that were not in production as a 2021 model year,” said iSeeCars executive analyst Karl Brauer. “Every time those cars change hands, there's a record kept of everything: price, location, etc. And one of those things is current mileage. So I could see the mileage on those 11.8 million sold cars in 2020.”
So which number are they looking at? What's the percentage of 200k+ cars that were traded in and resold in the same year? How the heck is that a representation of real number of vehicles on the roads that are > 200k miles?
Most people (like 99% of them) that own a 200k+ vehicle keep them until it's time to retire them. I'm sure there are millions of cars out there with > 200k miles. Only 118,000 of them were traded in and/or resold in 2020. Sorry, but that tells me nothing.
Well, the people over at iSeeCars.com gathered up the mileage listed on 11.8 million used cars traded in during 2020 and started tallying them up. And guess what? Big SUVs rule!
“They analyzed over 11.8 million Pre-Owned cars sold in 2020, models that were not in production as a 2021 model year,” said iSeeCars executive analyst Karl Brauer. “Every time those cars change hands, there's a record kept of everything: price, location, etc. And one of those things is current mileage. So I could see the mileage on those 11.8 million sold cars in 2020.”
So which number are they looking at? What's the percentage of 200k+ cars that were traded in and resold in the same year? How the heck is that a representation of real number of vehicles on the roads that are > 200k miles?
Most people (like 99% of them) that own a 200k+ vehicle keep them until it's time to retire them. I'm sure there are millions of cars out there with > 200k miles. Only 118,000 of them were traded in and/or resold in 2020. Sorry, but that tells me nothing.