Study finds older drivers more likely to buy new vehicles
Green Car Congress
MAY 30, 2013
Sivak examined the differences in the probability of licensed drivers purchasing a new light-duty vehicle (car, pickup truck, SUV or minivan) as a function of their age for the years 2007 and 2011. There were substantial increases from 2007 to 2011 in the number of drivers 55 to 64 years of age and 65 to 74 years of age.
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