Spending more to keep old cars on the road

A leading market research company that tracks auto parts sales says that several aftermarket car parts categories are showing increases.

“It now appears that consumers are recognizing that they will need to spend more on service and repairs to keep their vehicles on the road longer.”

via NPD Finds Consumers Beginning to Spend to Keep Aging Vehicles on the Road

Auto Parts Volume Change % Year over Year

The NPD Group’s Automotive Aftermarket Industry Monitor (AAIM) tracks retail and commercial sales at over 18,000 auto parts stores in the United States.

Considering the average U.S. car payment is $380-460 a month, it’s not surprising people are turning to more frugal solutions.

The auto parts subcategory represents a large portion of the total free classified ads in Iwanna.com’s Wheels (automotive) category, and a large audience.


1 Response to “Spending more to keep old cars on the road”

  1. 1 krsnakhandelwal June 18, 2009 at 9:21 am

    It should be taken as a sign of maturing car users, it was not right in the first place to keep changing cars for kicks.

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