Good news? Were these two years (especially 1977) selected for maximum effect and manipulation!
Has the quality of cars improved so much? Are new cars too expensive? Are we less reliant on cars in the age of home delivery?
"The share of Americans’ cars that were 10 or more years old in 2022, up from 16.9% in 1977, according to the Federal Highway Administration. Drivers are holding on to their vehicles for longer because car and insurance costs are higher, newer models are more expensive to repair and record-high interest rates mean pricier auto loans."
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