Friday, June 22, 2012
"Length of Car Ownership", Comments on Future Shock
Future Shock is a book written by Alvin Toffler, and published in 1970. I'm reading through it and commenting as I go. Feel free to follow (and comment) along!
On p64 Toffler mentions "..the fact that the average car owner in the United States keeps his automobile only three and a half years."
I did some quick searching to see where that figure was today. According to data compiled by global market intelligence firm R.L. Polk & Co, that number is up from the 42 months quoted by toffler to 57 months now, though back in 2002 it was as low as 38 months.
They believe that both the current economic situation and better build quality are driving the shift to longer ownership.