Used Car Lots See Glut of High-Mileage Vehicles

Used Cars

MSNBC.msn.com - August 1, 2012

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.

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