Business & Real Estate

California motorists move toward younger used vehicles

Decade-old vehicles made up about half of all used vehicle registrations recorded statewide through the first nine months of this year, but newer pre-owned autos are making a strong comeback among California motorists in 2015, according to the Sacramento-based California New Car Dealers Association.

Of the 2.6 million used vehicle registrations recorded through nine months this year, the CNCDA said 1.3 million were for vehicles 10 years old or older.

However, registrations for vehicles 3 years old or newer jumped nearly 20 percent year over year, from 504,623 in the first nine months of 2014 to 602,221 in the same period this year. By contrast, registrations for used vehicles 10 years old or older increased only 3.3 percent from last year.

Mark Glover: 916-321-1184, @markhglover