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GOBankingRates
GOBankingRates
G. Brian Davis

Keeping Your Car Longer Can Put $5,557 Extra in the Bank Each Year

Nuthawut Somsuk / Getty Images/iStockphoto

According to The Zebra, drivers own their cars for an average of around eight years. Two-thirds (65%) of Americans have owned their car for six years or less. 

Drivers intuitively get it: driving your car longer saves you money, compared to swapping out your car for the latest model every few years. Find out exactly how much money can it save you.

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