New Car Buyers Hanging Onto Vehicles for Six Years!

U.S. new vehicles being kept longer than ever, Polk says

February 21, 2012 12:01 AM

By Danielle Emerson

American drivers are holding on to their new vehicles longer than ever — to nearly six years — a new study says. Research firm Polk, citing data compiled in September 2011, said U.S. consumers kept their new vehicles an average of 71.4 months — up 4.7 months from March.

[Sent from Ralph Paglia’s iPhone]

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