Homer II

Half of U.S. Consumers Delaying New Car Purchases

It's about time that consumers stop rushing out (< 4 yrs) to buy another new car, and consider instead, one of several alternatives:

1) drive their existing car another 3-5 years.
2) buy a 2-3 year old used car.
3) invest in refurbishment of their existing car. ie: a new factory engine, transmission.

and put the savings in the bank.