What is the Average Car Lifespan

The average car lifespan, the amount of time people keep their cars is 10 years

If your used vehicle is 10 years old and you want to sell it for cash in Honolulu, you fall right in line with the average car lifespan, or the amount of time most Americans keep their cars – a decade. In 2006 the average time of ownership was just 4.3 years, but extended auto financing terms have boosted the length of ownership. The price of cars no doubt is another reason most people don’t upgrade more often, given the average new car’s selling price of more than $35,000 according to Kelley Blue Book! Not too many people can afford to upgrade to a new ride every four or five years.

The average 10-year ownership doesn’t apply to all makes and models, but the vehicles that dominate include Toyota, Honda, Subaru, Acura, and Hyundai. Seems Americans have a love affair with Japanese cars.

Sometimes you get a gem when you buy a vehicle, one that’s reliable and that you love. Other times people aren’t so lucky and choose a car, truck, or SUV that seems like nothing but trouble. As with people, most of us have relationships with our vehicles – whether those relationships are satisfying or filled with problems.

How old is your vehicle? Do you enjoy it and depend on it to take you everywhere you want to go, or is it time to make a change?

If you are interested in selling your used car for cash in Honolulu, count on CarMark for fast, friendly service. Whether you have a Toyota, GMC, Ford, Honda, Dodge, or any other make of vehicle, we are happy to pay you cash on the spot for your vehicle as long as it’s in good condition and meets our criteria, paid for, or not!