Average U.S. vehicle age hits record 12.6 years as high prices force people to keep them longer - eviltoast
With an average U.S. new-vehicle selling price of just over $45,000 last month, many can’t afford to buy new — even though prices are down more than $2,000 from the peak in December of 2022, according to J.D. Power.
  • AA5B@lemmy.world
    6·
    6 months ago

    Seems right to me as well. I do buy new but always kept them until repairs cost more than the car is worth, generally 10-15 years in.

    I’m sure someone willing to either do the repairs themselves or risk spending more, could keep my cars on the road even longer