Tuesday, September 28, 2021

If this keeps up America will be just like Cuba

The average age of a car on U.S. roads rose to 12.1 years in 2021, according to IHS Markit. The average age had been 11.9 years in 2020. In 2002, the average age was 9.6 years. ... Car shopping site iSeeCars publishes a list of the longest-lasting cars on the road. Recently, it found that 16% of the Toyota Land Cruisers on the road have at least 200,000 miles on them. Meanwhile, at least 2.5% of several other models — from car makers including Toyota, Honda and General Motors — also have at least 200,000 miles on their odometers.

The story never mentions that a declining middle class finds it increasingly difficult to afford newer vehicles.

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