A new study says the average vehicle in the U.S. is a record 11.5 years old, according to the consulting firm IHS Automotive. Jazmin Munoz, from Burnsville, bought her 2004 Nissan Altima used three years ago.
When it comes to buying a new vehicle we usually want to find the best deal. Salvaged vehicles can save you thousands of dollars if you’re willing to accept the risk.
Officials said Wednesday that used car prices are at their highest levels in about 16 years. The reason: Low supply and a growing demand.
As the price of gas rises, so does the demand for a fuel efficient vehicle.