Pretend you’re taking the SAT test, and here’s your first question: Americans are buying more new cars than ever and yet the average age of the typical car on the road today is reaching a high mark. How is that possible?
If you’re an average student, you answered: “How is what possible?”
If you’re a great student, you said, “Cars are more reliable these days and last longer, offsetting the number of new cars being snapped up. Also, a long recession that dates back almost 10 years has made people hang onto their cars longer.”
If you’re a bad student, you said, “Only crappy bloggers riff on stale USA Today stories about cars.”
Well, excuse me, but I happen to find this interesting. Seems like only yesterday (1983) that Merle Haggard was singing “Are The Good Times Really Over For Good?”
Wish a Ford and a Chevy / Could still last ten years like they should / Is the best of the free life behind us now? / Are the good times really over for good?
Rest easy, Hag.
The typical car on the road these days is 11.5 years. By that barometer, the answer to your question is, “No, the good times are not really over for good.” Figure in low gas prices and easy access to fresh water, cheap beer, and taco trucks, and we live in a veritable paradise.