I have to say this writer sums it up pretty well. Given the nature of our stagnant economy, middle east unrest -- when was it ever at rest -- and the unfolding events in Japan, it seems like it would be wise to hold on to your vehicle and drive that puppy until the wheels fall off. Well, there is one minor detail that kind of hurts that argument.
New cars are better in five arenas, according to AOL Autos. Here are the five aspects:
1) Economy
2) Power
3) Safety
4) Tech
5) Comfort and Design
Then the author encourages people to stop by their dealers. Intriguing.
With that said, I've got a couple of questions for you:
- Would you part ways with your current vehicle for a new one for these reasons?
- Do you think there are better reasons than the five listed above?
The U.S. economy is still dragging. Middle Eastern regimes seem to be imploding almost weekly, spiking the cost of oil and gasoline at the pump, and shaking consumer confidence. Unemployment remains around 9% with many older baby boomers and new college grads have dropped out of the workforce for lack of jobs. And because so many people have precarious incomes, they are hanging on to their vehicles longer.
In 2005, the average age of a vehicle on the road was 8.9. Today, it is almost ten years. The good news is that carmakers were improving quality so much in the early part of the last decade that those hit by falling home values and layoffs can drive their cars well beyond 100,000 miles...
[Source: AOL Autos]
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