The number: Drivers in Southern California pay the fourth-highest price within the country for the oldest used cars.

The source: My tried and tested spreadsheet checked out an evaluation of used automobile purchases by iSeeCarsthat tracked average prices and sales patterns for used cars ten years old or older in 50 major metropolitan areas, including five in California.

Top line

In Southern California, it cost $13,984 to purchase the typical 10-year-old automobile this 12 months, up 53 percent since 2014 – the Thirty third-largest increase among the many 50 markets tracked.

Elsewhere in California …

No. 7 Fresno: $13,325 this 12 months, up 41% since 2014 (No. 48).

No. 8 Bay Area: $13,283 after a 46% gain (No. 44).

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No. 10 San Diego: $13,098 after a 44% gain (No. 45).

No. 30 Sacramento: $12,085 after a 33% gain (No. 49).

Details

Classic cars make up an ever-increasing proportion of used cars as they represent the most affordable option for drivers.

And these vehicles are not any longer junk, since the vehicles of this era are higher made and last more.

Since 2014, Sacramento has seen the second-largest increase within the share of 10-year-old vehicles in used automobile sales within the country, rising from 14% a decade ago to 26% in 2024. Incidentally, Sacramento now also has the second-largest market share of old cars among the many 50.

Elsewhere in California …

Jump No. 13 in San Diego: 20% of used automobile sales this 12 months (#22 share) in comparison with 12% in 2014.

No. 20 Bay Area: 19% this 12 months (share no. 29) in comparison with 12% in 2014.

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No. 31 Southern California: 16% this 12 months (share no. 41) in comparison with 11% in 2014.

No. 39 Fresno: 14% this 12 months (share no. 48) in comparison with 10% in 2014.

Conclusion

Nationally, these older vehicles accounted for 23% of all used automobile sales this 12 months, up from 17% in 2014.

Unfortunately, bargain-hunters' enthusiasm is driving up prices. A typical automobile older than 10 years sold for $12,194 nationwide this 12 months – a 61% increase in 10 years.

Think of the 2 extremes of this market.

In Miami, drivers paid $14,616 for 10-year-old cars (No. 2 price), after the value rose 95 percent since 2014—the most important increase within the country. So only 13 percent of the Miami market included these oldest cars, the bottom share among the many 50 markets.

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In contrast, older cars in Norfolk, Virginia, sold for just $10,487 this 12 months, up just 31%. Both are national lows.

Is it surprising that 29% of used cars sold in Norfolk were over 10 years old, double the number in 2014? Both are national highs.

Original sound

“Consumers seeking relief from high auto prices are turning to older cars,” said Karl Brauer, senior analyst at iSeeCars. “But even looking ahead a decade or more does not protect buyers from the massive used car price increases we have seen in recent years.”

Originally published: August 24, 2024 at 8:08 am

HAYWARD — A ten-year-old girl allegedly threatened a classmate that she would bring a gun to her local charter school and “use” it in a fight, resulting in a police raid on her home and the confiscation of two firearms, authorities said.

The incident in late May led to 2 police investigations. One examining how serious the girl was concerning the threat and the opposite looking into how she got hold of the firearm she allegedly displayed during a Facetime conversation with the victim. Police conducted the raid the identical day they learned of the threat and seized not only two firearms but additionally two fully loaded magazines and dozens of rounds of ammunition, authorities said.

The police investigation began on May 29, when an administrator at Key Academy in Hayward notified police that a 10-year-old girl had threatened to beat up one other student because they each had a crush on the identical person. The threat was made in an internet chat within the presence of several students, followed by a second video chat on the afternoon of May 28 during which the girl showed a firearm and said she would bring it to high school and “use it” if crucial, police said.

The school administration learned of the threat the following morning and immediately notified the police, authorities said.

Officers interviewed the girl's mother and learned that guns were stored in the house that the girl could have easily accessed, police said. One of the girl's parents reportedly worked as a security guard and had a gun license. Police say the mother agreed to get a gun secure immediately, but learned hours later that the girl was still home alone, had the gun along with her, and that the gun secure had not been purchased.

A raid followed and the weapons were confiscated. No charges have been filed against the mother to this point. Because the girl continues to be young, it’s unimaginable to confirm whether she has been arrested or charged because of state privacy laws.

Emails to Key Academy were blocked by the college's server and voicemails to the college's primary office weren’t immediately answered. According to the college's online schedule, summer vacation began on Monday.