The average price for a three-year-old used car has risen to $32,461, surpassing the cost of new cars from just over a decade ago. This price surge is due to pandemic-related supply disruptions and rising new car prices, making used cars less affordable. As a result, buyers are keeping older vehicles longer, boosting demand for auto parts and repair services. This shift presents a strong investment opportunity in the automotive aftermarket sector, as maintaining older cars becomes more economical than purchasing new ones.
As of Sep 30, 2026 23:02 WIB, Genuine Parts Company (GPC) shares trade at USD 126.23 on Pluang, down 0.57% for the day. The company, operating in the Consumer Cyclical sector, has a market cap of $17.50 billion and a dividend yield of 3.35%. This aligns with the article's focus on rising used car prices boosting demand for auto parts and repair services, highlighting the aftermarket sector's growing significance.
