01
Jun
2014

VIDEO: Great News For The Auto Industry: The Average Trade-In Has Stopped Aging So Fast

Growth in the age of the average trade-in has started to slow. That suggests one of the lessons of the Great Recession continues to wear off – the one where people realized they didn’t actually need to buy a new car anywhere near as often as they did in the previous decades. That’s great news for the U.S. auto industry, which obviously wants people to come back for a new car or truck as often as possible, as long as the car companies aren’t forced to give them away to make that happen.

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