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Mikek says:

6 weeks ago

I think Carl has the right point.

The interesting question isn't whether or not people are buying higher mileage vehicles.

It is how many fleet miles per year are being replaced with high-mileage vehicles.

A grandmother who buys a prius at the normal "refresh" time but only goes 2 or 3 thousand miles a year isn't the issue.

It's the commuter putting 20k miles per year on their car. What cars are they buying?

Mike

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