Autos: A Greenbacked Year On the Dusty Lots

While all eyes are on the pace of car sales in the nation's auto showrooms (April set another monthly record), 1963 is also proving a greenbacked year for the men who preside over the dusty, sunbaked used-car lots. Detroit watches used-car sales as closely as new-model sales in judging how long the auto boom can continue. The signs are encouraging: about four used cars are now being sold for every three new ones, and at least 13 million used cars will probably be sold in 1963. While used-car dealers can usually sell a "cream puff"—the car in good condition...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!