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Monday, July 15, 2024

January, 2019 Archive

American Car Owners Holding onto Vehicles Longer

A recent Polk study revealed Americans are keeping both new and used vehicles for longer periods of time. At the end of 2009 new car owners kept their vehicles for an average of 60 months, compared to around 48 months in late 2001. Multiple factors contribute to this increase: The economy, more people out of […]