Report shows Americans are buying used cars at a record pace

The fall season is a good time to buy a car, especially a used car, as consumers can expect to easily save upwards of 50 percent.
1:12 | 09/30/18

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Transcript for Report shows Americans are buying used cars at a record pace
find, on average, $4,628 in tax savings. Qu. Backing You. Ith "Your ne a D are buying cain type of car at aord ce. Here'son Reporter: Lee lesju bought this new truck. See yous.orter: Or,t least, N to him. Like lot of car Pers, Lesher is ending theapest deals E on used eels. I'd ltobrand new ckup, but R $40,000 $50,000, I just can't. R: Right nownew car costs average of almost 6,000. Bufor a -old used ca the pricops to about $20,00 We' probably bout 50% in usecae past four months. Pre-owned coutsell neonthan two to one. A used jeep grand cherokee will Seu back $2600. But 3,000. Uying used is define the way to you'll E 30% to 40 even upwards of 50%. Rut expertsell us if yre buying Ed sure to gereport thawill tell you the car's history whether it's ever been sn or mage but Tom, that price gap between new and us cars iscing deers to Sween new careals th disco atives and it go shop around. Clayton, thank you. When we me back,s about teslceusk.

This transcript has been automatically generated and may not be 100% accurate.

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