While American motorists are waiting longer than ever to trade in their cars, trucks and crossovers – with 10 years and 150,000 miles becoming the new norm – dealership lots are now crowded with high-mileage vehicles waiting to be sold.
See what AutoMD has to say about consumers and what influences their car purchase.
The shift in consumer attitudes is obvious. While manufacturers have been putting a renewed focus on emotional design, consumers say that’s great but they won’t give up quality and functionality for looks. The AutoMD study found 52 percent of motorists saying their next vehicle purchase will primarily be influenced by practicality. Only 21 percent said they will be more influenced by styling.