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Politics : Politics for Pros- moderated
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To: Lane3 who wrote (212425)7/18/2007 3:08:25 PM
From: KLP  Read Replies (1) of 794015
 
Wish the author had mentioned the ages of the people and the number of years they kept cars. I've noticed that the older people (age 50 and older) tend to keep cars longer than 3 years.

They've lived long enough to know that depreciation is a killer for the budget.

IMO, the younger folks (20-50ish folks) tend to keep cars for a much shorter period than the older folks.

This group was raised to think the newest, latest, is the greatest. Very short attention spans these folks, as a rule. (Think cell phones here as well)

And many of them wonder why they don't have enough money, even though many of them make in excess of $100,000 a year.
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