This year my car turns 14 (Kia) and my husband’s turns 22 (Acura). We consider ourselves to be “car people” and we probably would have replaced them sooner but the type of vehicles that we like are not very popular (sporty coupes and small lightweight trucks). We’ve been lucky and had to do very minimal maintenance so far.
If you’re in the right neck of the woods (owing to vehicle safety regs), a kei truck might be up your alley.
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“[Prices are] prohibitively high for a lot of households now,” said Todd Campau, aftermarket leader for S&P Global Mobility. “So I think consumers are being painted into the corner of having to keep the vehicle on the road longer.”
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Covid and the remote work change likely contributed. Not having to commute every day has saved a lot of miles on people’s cars.
Also the fact that new cars are insanely expensive these days. Study after study comes out saying consumers aren’t spending in weird ways, but it’s because the economy is essentially in a recession but no one wants to admit it.
