kensanIV
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How old is your car?
Americans may benefit from some of the lowest new car prices in the world but the average motorist in the U.S. is keeping their cars for longer a new study has found. According to the results the median age of cars on U.S. roads was 9.2 years in 2007, a new record, and a substantial 41.3% of call vehicles were 11 years or older compared to just 40.9% the year before.
The study, conducting by automotive consulting firm R.L. Polk & Co., concluded that improvements in vehicle quality and uncertainty about the economy were the main factors for the increase. The study also reflects a drop in sales of new cars last year, falling 3% on the year before, mainly because of including high fuel prices and the housing crisis.
Dave Goebel, from R.L. Polk, told reporters from MSNBC the increasing durability, not the economy, is the main driver of rising vehicle age. There are more vehicles per household than in the past, he said, indicating that people buy cars and then hang on to them because they last longer.”Each new model year the technology continues to get better and there are fewer components that fail, so we expect to see these trends continue,” he said.
The Polk report was based on a survey of 240.9 million cars and light trucks.
I ran across these stats recently..Frankly I am surprised at the average age of most or the cars we pass or meet on the streets daily.
Speaking for me. We have 2 cars...One is an 2001 ane the other one is a 2004. Which makes both of ours newer that the average age on the street.
In the past 25 years or so...We generally trade one car about ever 4 years or so.
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6/20/2008, 10:35 pm
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Byteryder
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Running a '97 Jeep Laredo and an '04 Durango.
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Voice Of America
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6/20/2008, 10:56 pm
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jessilin0113
Mommy 2B
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I had a '97 Subaru Outback, but last year bought a 2007 Nissan.
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"If I had a quarter for every time I said I had a nickel, I would have five times as much theoretical money." --Stephen Colbert
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6/20/2008, 11:20 pm
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llovejim
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my car just turned 3 years old the other day...we had a little party and everything. but cars grow up so fast nowdays! my neighbor's car is only 5 or 6, and it has already started smoking.
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6/21/2008, 6:44 am
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1amIevil1
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Re: …
98 and 02
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A view out front, early morning in October... |
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6/21/2008, 8:40 am
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sommerset
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Re: …
1937 Rolls Canardly.
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Here's looking at you kid.
Key Largo..
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6/21/2008, 8:52 am
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liberalextinguisher
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Good morning Ken and Max . I have an 01 Mustang GT that sits in the garage , 20 miles per gal ! Also an 03 Tribute that is not very fuel efficient either but id dont have many miles so I will hang on to it awhile longer . Looks as though the Dianaseurs are behind us , thank goodness ! I am looking foward to small cars and scooters and trains .
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Liberalism is a mental disorder
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6/21/2008, 9:08 am
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seymore1970
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lol, jim....
we have a 04 Vue and a 2002 Chevy pick up...this Vue and the one I had in 02 were the newest cars I ever owned...Back in the early 80's i ran a 74 toyaot corona...I wish I still had that car...
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“If there is anyone out there who still doubts that America is a place where all things are possible...tonight is your answer." Barack Obama
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6/21/2008, 9:46 am
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steveatl
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01 Mitsubishi Spyder..paid off, average 21 mpg with combined around town and highway driving.
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"McCAIN-PALIN: A BRIDGE TO NOWHERE"
One House One Spouse Obama 08!!!
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6/21/2008, 10:38 am
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IAMIS
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We have 5 cars in our family and 3 motorcycles.
89 Olds Cutlass Cierra
96 Buick Roadmaster
99 Mazda Protoge
03 Pontiac Vibe GT
07 Honda Civic
03 Kawasaki Vulcan 500
03 Hyosung GV250 Alpha
99 Kawasaki dirt bike (off road)
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How does one change what he expects to see?
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6/21/2008, 11:23 am
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