There are almost 250 million cars on U.S. roads. As luck would have it, yesterday about 240 million of them were piled up waiting to get out of my local downtown area.
For some perspective, there are about 313 million people alive in the United States right now. That means nearly every person in this country has a car.
Part of the reason we have so many vehicles is that people are holding on to their cars longer than ever, with the average age of vehicles on the road now at 10.9 years, according to Experian.
At last week’s SEMA show in Las Vegas, Experian took the study a little further and revealed which vehicle brands people keep the longest. The top 5, somewhat surprisingly, are Buick, Volvo, Mitsubishi, Chrysler and Dodge.