We may be CarGurus, first and foremost, but that doesn’t prevent us from being proud pet owners, too. From French Bulldogs and Miniature Pinschers to Labradors and Great Danes, the dogs of CarGurus are a widely varied bunch. My own dog, Taylor, looks enough like a Labrador to keep landlords and kennels at ease, but her mix of breeds puts her solidly in the “mutt” camp. Regardless of size or breed, however, dogs are always a hit at CarGurus. Maybe that’s because dogs have such a social history with the automobile. They chase them, they hang their heads out the windows, and I don’t think I’ve ever met a dog who didn’t get a case of the wiggles every time it hears, “Want to go for a ride in the car?”
How Many Cars Does the Average American Family Need?
How many cars should a family own?
According to Experian, the average family owns two cars, while 35 percent of American households own three cars or more.
Ownership rates vary greatly across the country and are influenced more by location than income levels. In fact, households with incomes over $250,000 are just as likely to own a single vehicle as households with incomes of $25,000. No matter what your income, is it better to own one car that is an all-purpose, all-season vehicle, or two or more cars that each serve a specific purpose and are used only in certain conditions?
For many families, owning a single car can mean splurging on a luxury brand or buying brand new, while a 4-car family might prefer older used cars that can be purchased with cash.
Let’s look at a couple of scenarios. Which one is closest to your family’s preference?