Tag Archives: used cars

Average Age of Vehicles in the U.S. Increases to 12.2 Years

Several factors contributed to the average age of light vehicles in operation in the US rising to 12.2 years this year, increasing by nearly two months over the prior year, according to new research from S&P Global Mobility. Click here … Continue reading

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Eighty Percent of New Car Buyers Paid Above Suggested Retail Price in January, Data Shows

Only a year ago almost no one paid the full sticker price when buying a new car. Now you’re lucky if you can. In perhaps the most striking sign of the change in new car pricing, 80% of new car … Continue reading

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Information on Advanced Features is Less Likely to Reach Used Car Buyers

Advanced driver assistance features can only make driving safer if drivers trust them enough to use them, and that trust appears likely to wane as vehicles move into the secondhand market, a new study from the Insurance Institute for Highway … Continue reading

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