Car maintainance taking a back seat for many!

Americans, hit by inflation, higher interest rates, and supply-chain issues, are buying fewer new vehicles. The four-year average for annual sales is now 15.5 million, down from 17.7 million pre-pandemic, per the Bureau of Economic Analysis.

The slowdown in new car sales might seem like good news for auto repair and parts companies, as older vehicles typically need more maintenance. Cars between four and eleven years old are in the “sweet spot” for repairs, yet signs show many Americans are cutting back on maintenance spending, according to the Wall Street Journal.

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