The statistic shows the expenditures of affluent households, or the so-called highest quintile, in the United States on used cars and trucks from 2013 to 2018. In 2018, affluent Americans spent some 3,921 U.S. dollars on used cars and trucks.
Average annual expenditure of affluent households in the United States on used cars and trucks from 2013 to 2018
Characteristic
Amount spent in U.S. dollars
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*Comprises only the "highest 20 percent" of consumers in the United States, based on their income before taxes. Lower income limit, according to the source: 2013: 95,336 U.S. dollars; 2014: 99,620 U.S. dollars; 2015: 103,057 U.S. dollars; 2016: 108,040 U.S. dollars; 2017: 109,743 U.S. dollars; 2018: 116,625 U.S. dollars.
Number of consumer units (in thousands):
2013: 25,101
2014: 25,410
2015: 25,773
2016: 25,842
2017: 25,921
2018: 26,374.
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Bureau of Labor Statistics. (September 10, 2019). Average annual expenditure of affluent households in the United States on used cars and trucks from 2013 to 2018 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/242116/expenditures-of-affluent-us-households-on-leased-vehicles/
Bureau of Labor Statistics. "Average annual expenditure of affluent households in the United States on used cars and trucks from 2013 to 2018." Chart. September 10, 2019. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/242116/expenditures-of-affluent-us-households-on-leased-vehicles/
Bureau of Labor Statistics. (2019). Average annual expenditure of affluent households in the United States on used cars and trucks from 2013 to 2018. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/242116/expenditures-of-affluent-us-households-on-leased-vehicles/
Bureau of Labor Statistics. "Average Annual Expenditure of Affluent Households in The United States on Used Cars and Trucks from 2013 to 2018." Statista, Statista Inc., 10 Sep 2019, https://www.statista.com/statistics/242116/expenditures-of-affluent-us-households-on-leased-vehicles/
Bureau of Labor Statistics, Average annual expenditure of affluent households in the United States on used cars and trucks from 2013 to 2018 Statista, https://www.statista.com/statistics/242116/expenditures-of-affluent-us-households-on-leased-vehicles/ (last visited September 01, 2024)
Average annual expenditure of affluent households in the United States on used cars and trucks from 2013 to 2018 [Graph], Bureau of Labor Statistics, September 10, 2019. [Online]. Available: https://www.statista.com/statistics/242116/expenditures-of-affluent-us-households-on-leased-vehicles/