New Technology in Cars – Car Swapping vs. Keeping Current Cars Longer

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Do you keep up with the latest gadgets and technology in your vehicle? A new study shows that Americans would trade in their cars for a new one every 2 years – as often as we get new cell phones! A large motivation for this trend is the vast technological changes between new and old (or even less new) vehicles. With increasing changes in technology, like Bluetooth, GPS, audio inputs, USB connections, and more, it takes time for car manufacturers to develop platforms for the latest technology in vehicles. There are also new technologies specific to driving, like self-parking, heated seats, rear cameras, and more. New cars often feature vastly superior technology to their older counterparts. At the same time that technology is increasing, people are keeping their cars longer than ever before. Vehicles now have an impressive average age …… ( more )