2023 Trends for Used Car Shoppers

As we head into 2023, the automotive industry is experiencing a shift in trends that will impact the used car market. As technology advances and consumer preferences change, used car shoppers will have more options and new features to consider when purchasing a pre-owned vehicle. Here are some key trends to keep an eye on as you shop for your next used car.

Electric Vehicles

The demand for electric vehicles (EVs) is rising, which is expected to continue in 2023. With more and more countries announcing plans to phase out internal combustion engines, the EV market is expected to grow. As a result, used car dealerships will begin to see more and more pre-owned EVs available. Used car shoppers interested in electric vehicles should be prepared to pay a premium price as the demand for EVs is high. EVs are more efficient, eco-friendly and have fewer maintenance costs. They also have instant torque, which means better acceleration and driving experience.

Autonomous Vehicles

Self-driving cars are becoming more prevalent in the new car market, and this trend will also be seen in the used car market. While fully autonomous vehicles are still a ways off, you can expect to see more semi-autonomous features, such as lane-keeping assist and automatic emergency braking, becoming more common in used cars. This will increase the safety of pre-owned vehicles and make them more attractive to used car shoppers. These features will also make driving more convenient and less stressful.

Connectivity

As cars become more connected to the internet, used car shoppers can expect more vehicles with new features such as over-the-air updates, remote diagnostics, and even the ability to control certain functions using a smartphone. This will make used cars more like mobile devices, offering a wide range of services and apps. This will also increase the safety features of used cars, making them more attractive to used car shoppers. With connectivity, you can also access live traffic information, weather updates, and other features that will make your driving experience better.

Car Sharing

As more and more people opt to use ride-hailing services like Uber and Lyft, the demand for car ownership is likely to decline. In response, manufacturers are developing new subscription and car-sharing models that allow people to use cars on-demand without the need to own one. This will result in more used vehicles being available in the market, making it a buyer’s market for used car shoppers. With the rise in car sharing and subscription services, there will be greater availability of well-maintained used cars in the market, which is an excellent opportunity for buyers.

Smart Infrastructure

As cities become more connected and responsive, cars will need to be able to communicate with traffic signals, parking spots, and other parts of the urban infrastructure. This will require new technologies, such as vehicle-to-infrastructure (V2I) communications, to be developed and implemented. This will increase the safety of used cars and make them more attractive to used car shoppers. Smart Cities also mean less traffic congestion, making driving a more pleasant experience.

Used Vehicles in Calgary

In conclusion, 2023 is shaping up to be an exciting year for used car shoppers. With so many new technologies and business models emerging, we’ll likely see significant changes in how used cars are used and interacted with. If you’re shopping for your next used vehicle in Calgary, visit us at Prime Autos!