Unemployment, Drivers | featured news

Americans keeping their autos longer than ever

Americans Keeping Their Cars Longer

American drivers are holding on to their cars and trucks for a record 10.8 years, data show, as they put off buying new vehicles amid high unemployment and a struggling economy.

Senh: Makes sense. Most people can't afford to buy new cars. They're won't buy any expensive items unless they need to.

 

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