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The automotive industry is also undergoing a technological revolution, which impacts the used car market. With the rapid advancement of technology, newer models often come equipped with advanced safety features, enhanced fuel efficiency, and improved performance. However, the used car market has also benefited from these advancements. Many older models are being upgraded with new technology, including infotainment systems and driver assistance features. As a result, buyers can find vehicles that offer a blend of affordability and modern amenities.


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Light duty passenger vehicles (LDPVs) are a category of vehicles designed primarily for the transportation of passengers. These vehicles typically include cars, SUVs, and light trucks that have a gross vehicle weight rating (GVWR) of 8,500 pounds or less. LDPVs are significant contributors to personal mobility, urban transportation, and the overall economy. In recent years, the landscape of LDPVs has been transformed by innovative technologies, evolving regulations, and changing consumer preferences.


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