Monday, July 23, 2012

93% Say Vehicle Life Should Be 8 years

More practical consumers are getting used to older vehicles -- but are more scrupulous about service, with independent repair shops trumping dealership service centers for aging vehicles Survey: 93% say vehicle life should be 8 years (or until it dies). (PRNewsFoto/

CARSON, Calif., July 23, 2012 /PRNewswire/ -- Reports of the death of the two to three year vehicle purchasing cycle have not been exaggerated according to a new survey of nearly 4,000 car owners by*. Three in four respondents agreed that buying a vehicle every two to three years is a thing of the past, and 78% now say that 10+ years (or until it dies) is the appropriate vehicle lifespan. Most telling is that over half say that a better economy would not change their habit of holding onto their vehicle for longer.
Click here for more.

No comments: