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Americans In No Hurry To Retire Clunkers, As Sales Falter

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Old Mar 11, 2011 | 08:50 PM
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Default Americans In No Hurry To Retire Clunkers, As Sales Falter

It's the cycle of life. As we buy new vehicles, we trade them in; frugal used-car owners buy them, and sell their older vehicles. And in turn, a tired heap of a vehicle is retired. Trouble is, we're not retiring as many vehicles as we used to. The average vehicle in the U.S. is now about ten years old, with (9.9 actually). Back in 1990, the median...

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Last edited by Jazz; Mar 11, 2011 at 08:54 PM.
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