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by mdorazio
843 days ago
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They already realized that. New cars are owned for an average of 8 years before selling them [1] and that number has been increasing with the rise of new car prices. It’s one of the reasons the US peaked on new car sales in 2017 and might not get there again this decade. [1] https://www.iseecars.com/how-long-people-keep-cars-study |
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