A recent LendingTree study found that the national average age of a used car that consumers sought to finance was about five years old.
Feb. 24, 2020
Feb. 21, 2020—In a study by LendingTree, more than 600,000 auto loan queries were studied and the study found the national average age of a used car people sought to finance was about five years old.
Residents sought the oldest used cars in Spokane, Wash. Vehicles at least 7.66 years on average were what people sought to finance.
States where people buy the oldest cars:
Washington
Kansas
Utah
Tennessee
South Carolina
States that buy the newest used cars:
California
Florida
Washington, D.C.
Massachusetts
San Jose, Calif., heart of the wealthy Silicon Valley, prefers newer used cars, at an average of 3.54 years.
Enterprise and Tasco Auto Color continue to support the Collision Industry Foundation program at the second highest tier, Urgent Care, for donors that contribute $5,000-$10,000...
The insurance company said it has control of its systems and hasn’t detected any evidence of ransomware or ongoing threat actor activity since the June 7 attack.
The Mountain States Collision Repair Association’s first in-person event features four industry experts and networking opportunities at Downhill Brewing in Parker, Colorado.