The secondhand car market is worth $16.5 billion in the United States, according to a new report from automotive research firm Kelley Blue Book.
The secondhand market is a rapidly growing segment, which grew by 25 percent from 2012 to 2017, and is expected to hit $35 billion by 2020.
It is worth a lot of money to buyers in many states, according the report, because it is relatively easy to get used cars on sale.
For example, California has a tax on second- and third-hand cars, which can be as low as $1,500.
If you buy one of those cars, it will cost you $4,000 to get it replaced.
The report, which was prepared by Kelley Blue Books’ U.S. Automotive Research Group, also points to a big advantage for buyers in the states that have the lowest car tax.
States with the lowest taxes pay far less in taxes on cars, so the price of a secondhand Tesla is about 10 percent cheaper than it would be if the tax was 50 percent higher.
This means the car will sell for less than $4k in the U.K. and $10k in Australia.
Kelley Blue Book expects that the secondhand vehicle market will grow to $20 billion by 2021, and by 2020 to $40 billion.
The report also found that the average car owner in the UK is paying about $15,000 in tax, while in the States it is closer to $10,000.