Are the quality of cars improving or are we just broke?

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A couple of years ago, I bought my first new car in a long time. I did so not because my 2001 Chevrolet Cavalier had finally died.

That wasn’t the case at all.

In fact, the car was running well when I traded it in for an SUV.

I made the switch because I needed something with four-wheel drive. If my Cavalier had come with that option, I would likely still be driving that car.

And, I’m not alone.

It seems that more people are holding on to their vehicles long for two reasons.

One, the quality of vehicles has improved. In addition, more people are trying to avoid monthly payments typically attached to new cars, according to a recent Associated Press article

Earlier this week, I asked people on Facebook how long have they’ve owned their current vehicle?

Here’s what they had to say:

– Long enough to finally get it paid for!!! — Roberta Sheffer

–The fossil fuel dinosauer since 2003, the all-electric LEAF a year-and-a-half and 18,000 miles gas free — Jon Clark

– Forever. I probably need a new one — Catherine Sturla

– Since the day I got the title — Dietrich Dellinger

This entry was posted in credit, Retail, Sean Adkins, Shopping, Small business, Social Media, Taxes, travel, Vacation, Vehicles, Warehouse, Your money. Bookmark the permalink.

One Response to Are the quality of cars improving or are we just broke?

  1. Joyce Moul says:

    This brought back memories of 2006 when my husband’s VW Passat diesel finally gave up the ghost in Valdosta, GA at over 200,000 miles on our way back from a Florida vacation. While it was up on the lift at a VW dealer there, the salesman commented ” Looks like you got all the good out of that one, don’t y’all think?” My husband traded it on a new car and that is what he is still driving.

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