This statistic shows the average length of vehicle ownerships in the United States in 2006 and 2016, by vehicle type. In 2016, new-car buyers kept their vehicles for about 79 months, up from around 52 months in 2006.
Average length of vehicle ownership in the United States in 2006 and 2016, by vehicle type
(in months)
Characteristic
Used Vehicles
New Vehicles
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Forbes. (July 11, 2017). Average length of vehicle ownership in the United States in 2006 and 2016, by vehicle type (in months) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/581017/average-length-of-vehicle-ownership-in-the-united-states-by-vehicle-type/
Forbes. "Average length of vehicle ownership in the United States in 2006 and 2016, by vehicle type (in months)." Chart. July 11, 2017. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/581017/average-length-of-vehicle-ownership-in-the-united-states-by-vehicle-type/
Forbes. (2017). Average length of vehicle ownership in the United States in 2006 and 2016, by vehicle type (in months). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/581017/average-length-of-vehicle-ownership-in-the-united-states-by-vehicle-type/
Forbes. "Average Length of Vehicle Ownership in The United States in 2006 and 2016, by Vehicle Type (in Months)." Statista, Statista Inc., 11 Jul 2017, https://www.statista.com/statistics/581017/average-length-of-vehicle-ownership-in-the-united-states-by-vehicle-type/
Forbes, Average length of vehicle ownership in the United States in 2006 and 2016, by vehicle type (in months) Statista, https://www.statista.com/statistics/581017/average-length-of-vehicle-ownership-in-the-united-states-by-vehicle-type/ (last visited July 22, 2024)
Average length of vehicle ownership in the United States in 2006 and 2016, by vehicle type (in months) [Graph], Forbes, July 11, 2017. [Online]. Available: https://www.statista.com/statistics/581017/average-length-of-vehicle-ownership-in-the-united-states-by-vehicle-type/