Love your 2002 Odyssey? Or just can't stomach the interest rates? Suburbanites are holding onto their cars longer but is there a tipping point?
Remember the Victory Auto Wreckers' vintage advertisement depicting a hapless man watching his ancient sedan falling apart?
Why hold on to your car? Thrift and love, they explain. Because a car is more than a possession -- it's a friend that got to the hospital fast, powered through the snowstorm and endured loads of screaming carpoolers. When she bought the car, it was the latest Eddie Bauer model,"totally loaded with many bells and whistles," Murray noted."My favorite part of the car is that the pedals can be moved to make my driving it easier since I am 'height challenged.'
"If anything major were to fail, we would replace it, probably with another new Odyssey. We've visited the Honda dealership and keep current on pricing and options for the newest vehicles." But that's happening much later in a car's lifetime, said Appel, Consumer Guide Automotive publisher. Meanwhile, after pandemic and economic issues shrunk supplies, customers can kick actual tires in showrooms instead of ordering online. At Packey Web Ford in Downers Grove, Greg Webb finally has 25 popular Ford F-150s in his lot.
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