Finally, evidence only old people buy cars

Finally, we have evidence only old people buy cars. 

Since we have tried to find out who buys cars many years ago, the auto industry did not publicly reveal the data.  But now J.D. Power and Associates has made the info public.

The info confirms NineShift info that cars are in decline.  The average age of new car buyers has jumped to 55.  That means half of all new car buyers are over age 55. As one story puts it, the "AARP generation" are buying over sixty percent of new cars.

The data confirms driving data from DOT.  And yet, auto industry folks and most older Americans "drink the Kool Aid" and think cars are on the rebound.   Photo: boy with toy train in restaurant NineShift visited this month.

Comments

[D. P. Lubic]

More on the rail debate in California:

http://www.cahsrblog.com/2012/02/hsr-supporters-ramp-up-organizing-and-information-efforts/#comment-138942

A link from the California high-speed rail site on something else that may accelerate the death of the automobile:

http://www.latimes.com/business/la-fi-gas-prices-20120207,0,2589101.story

Egads, look at the vitriolic comments that follow the article! There are times I'm ashamed to be an American.

[D. P. Lubic]

More linked material from that California site:

http://www.bizjournals.com/washington/news/2012/02/07/amtrak-ridership-revenue-up.html?ana=twt

And a comment by a poster using the initials JJJ, and referring to the gas price article linked above:

JJJ Reply:
February 9th, 2012 at 1:26 am

"Phft, the media is just picking up the prediction I made on January 20.

http://stopandmove.blogspot.com/2012/01/gas-prices-will-probably-break-records.html

"And this was BEFORE big oil announced they were cutting 50% of their east coast refining production. What’s that, you missed the article? I’m not surprised, it barely got any play.

"'On January 18, Hess announced the closure of its HOVENSA joint venture refinery in the U.S. Virgin Islands, a major source of product supply to the East Coast," the Energy Department said. "That planned closure follows on the heels of the idling of two refineries in the Delaware Valley by Sunoco and ConocoPhillips and announced plans by Sunoco to idle another refinery in the region by mid-2012.'

"'The Energy Department added, “The complete idling of the three refineries would collectively cut as much as 50% of current East Coast refining capacity."

http://www.latimes.com/business/money/la-fi-mo-gas-prices-20120130,0,3885077.story

"The Virgin Islands one was the 3rd biggest in the US. And just like that, it’s closed.

http://www.google.com/hostednews/ap/article/ALeqM5iAixkdztUDVP5hsNlIf2oVc-31XA?docId=0251c6eb58a94bc9887495cb2700f948

"Conspiracy theory time, please put on tin hats.

"->Closed refineries = higher prices = blame the president = Obama election loss = bigger oil slave in office = $$$

"-> Closed refineries = higher prices = we must do something to stop these increases = “less regulation for oil!” “drill baby drill!” “tax breaks for oil!” = $$$

"Remove hats."

[castors]

That's not the point, old and used cars are tried and tested.Sometimes it is better to be practical than buying expensive expensive.