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How Often Do Owners Replace Their Auto?
Posted on: 09/29/2016
If you replace your car every 2 to 6 years it might seem difficult to think that some people keep their autos for 10 years or more. Would it surprise you to learn that 32% of owners keep their auto that long?
Here are statistics from a survey of 1,198 respondents by EFG Cos.:
| Frequency | Percentage |
|---|---|
| More than once a year | 0% |
| Every year | 1% |
| Every 2-3 years | 13% |
| Every 4-5 years | 18% |
| Every 6-7 years | 16% |
| Every 8-9 years | 12% |
| Every 10 years or more | 32% |
| Don’t know/not applicable | 8% |