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How Long Will You Hold Onto Your Car?

Natalie Josef
February 11, 2011

If we could have our way, we would all be driving brand new cars every year. While some folks manage to do just that, most of us have to keep the car that we have, usually until it dies or needs a repair that will cost more than the car is worth.

Whether it’s the economy or a new frugality among Americans, turns out we are keeping our cars longer than we have in the past—a lot longer.

According to The NPD Group, who conducted some aftermarket research for the automotive market, this means more repairs—both for DIYers and for those of us who take our cars to a dealer or shop for repairs. The NDP’s 2011 survey found that 52 percent of us will keep our cars five years or more. Additionally, those folks who have cars that are older than ten years will also keep their vehicle another five years.

For people who are expecting to have their car repaired this year, 61 percent said that they will have a professional do the work. Surprisingly, this is up from 56 percent only a year ago.

And those DIYers? More and more of them are using the Internet to learn how to do repairs. In fact, 42 percent of respondents who plan on doing major repairs this year say they will use videos from YouTube and social media outlets for information, the same percentage of people who will use the repair manual.

As this trend continues, look for more instructions and advice on the Internet concerning auto repair. If you need something repaired right now, be sure to check out our RepairPrice Estimator so you can be sure you are getting a fair deal.

 

Natalie Josef

About the Author

Natalie Josef is an automotive expert at RepairPal, the leading online source of auto repair resources and estimates. With many ASE Master certified mechanics on staff who have decades of experience, RepairPal knows all the fine points of car repair.

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