This might not be good news for car dealers: Americans appear to be keeping their cars longer than ever. The results of a study released Tuesday by the Federal Highway Administration indicate that the average vehicle age has increased significantly since 2009 to 10.5 years. Back then, the average age of a vehicle was 9.3 years. The federal agency... Americans are holding onto cars longer, according to federal study
August 24, 2018 at 04:00 AM EDT
This might not be good news for car dealers: Americans appear to be keeping their cars longer than ever. The results of a study released Tuesday by the Federal Highway Administration indicate that the average vehicle age has increased significantly since 2009 to 10.5 years. Back then, the average age of a vehicle was 9.3 years. The federal agency...
This might not be good news for car dealers: Americans appear to be keeping their cars longer than ever. The results of a study released Tuesday by the Federal Highway Administration indicate that the average vehicle age has increased significantly since 2009 to 10.5 years. Back then, the average age of a vehicle was 9.3 years. The federal agency... 