Old Cars Are the New Normal

Written by Gary North on January 18, 2012

Americans are wising up. They are not buying replacement new cars. They are buying used cars. I have done that ever since the 1970s. The average age of American cars is 10.8 years. This is the highest since 1995, when it was about 8.4 years. Year by year, the average increases. I still drive a […]

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