R.L. Polk & Co., an automotive consulting firm, says car owners are holding onto their vehicles longer -- mainly because cars are lasting longer and people are concerned about how they spend their money.
Polk
said the median age of cars on U.S. roads was 9.2 years in 2007. That
ties the previous year's record high. In 2007, 41.3 percent of all cars
were 11 years or older, compared with 40.9 percent the year before.
Used car lots and scrap yards might be places to go see the trend.
On the other hand, check into how many lease returns...