Why The American Car Fleet Is Getting So Old

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In 2021, the average age of vehicles on the road reached a record 12.1 years. Every driver that chooses to hold on to a car for another year is postponing a trip to the dealership, and some industry analysts wonder if rising vehicle ages and prices indicate trouble for new car sales in the future. Automakers are stuffing cars with new technology and improvements but will that be enough to keep buyers wanting the latest and greatest?

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Why The American Car Fleet Is Getting So Old

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43 COMMENTS

  1. Some of us don't want all the new tech they are stuffing into new cars. Duh. All of that new tech is designed to increase the cost of maintenance. That is what it is for, no matter what they sell it as. Its about money, and that's why old cars are better. They're a better purchase decision.

  2. New cars are just too expensive to own and operate. The average cost of a new car in 2024 is nearly $48,000. That doesn’t include sales taxes, mandatory insurance, personal property taxes, fuel and maintenance. The average person may find it unreasonable to spend almost over $1000 per month for a new car when the average rent or mortgage well exceeds $1000 per month.

  3. These videos are so out of touch, they speculate as to why the market is the way it is and miss every time. The real problem is #1 the economy and #2 car companies are focusing on luxury instead of common man cheap reliable vehicles. As for the economy, if I can barely afford a trip to the grocery store I sure as hell can't afford a brand new luxury electric vehicle. As for the luxury… I don't need that either, I don't need top of the line speakers, or a freaking TV in my center console, I don't need buttons on my steering wheel, I don't need electrically adjusted seats. Someone needs to make a NEW cheap car that runs for a very long time without all the damn useless bells and whistles.

  4. For years I had access to a company vehicle that I could take home. We weren't supposed to use them for personal use but if I ran a few stops on the way home who's going know 😊. I have two sportscar (Mustangs) at home which were just weekend cars (89 Saleen and a 99 Cobra). After retirement my 25 year old 99 Cobra with 110k miles on it became my daily driver. I only drive about 50 a week now and the car runs like a champ. Plus access to my wifes 8 year old Rav 4. I have no plans on buying a new car.

  5. Message received: buy Toyota or Honda. Somehow I always choose crappy cars that breakdown by the time I finish the 5 year loan and some even BEFORE 😢 Nissan Versa, Chevrolet Sonic and Hyundai Tucson 👎👎👎👎. I just want a reliable car 😭

  6. Give me a late 80's/early 90's Toyota Camry wagon and I'll drive it to death. I've had four and sent one off to the junkyard when i moved out of state bc it was junk at that point. I have one again now though that's coming up on 300,000 miles. May never get there bc it's my backup vehicle but they sure are trusty, cheap cars and boy do I love 'em!

  7. Toyota Land Cruiser. model 80. 1994. Three Hundred Nineteen thousand nine hundred and ninety miles. No issues. Replaced starting motor once. Replaced generator twice. Brake pads. Motor never opened. Driven every day. 30 years.

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