News@lemmy.world

news@lemmy.world

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return2ozmatoNews@lemmy.world·5 months ago

Average U.S. vehicle age hits record 12.6 years as high prices force people to keep them longer

(www.nbcnews.com)

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Average U.S. vehicle age hits record 12.6 years as high prices force people to keep them longer

(www.nbcnews.com)

return2ozmatoNews@lemmy.world·5 months ago

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.

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5 months ago
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Then Chevy bought them & discontinued everything because who wants a budget vehicle that runs forever?