Study finds older drivers more likely to buy new vehicles
Green Car Congress
MAY 30, 2013
A new study by Michael Sivak, research professor at the University of Michigan Transportation Research Institute (UMTRI), found that in 2011, the peak probability of buying a new vehicle per driver in the US was among those between 55 and 64 years of age—a shift from four years earlier, when that peaked with the 35-to-44-year-old age group.
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