Lending Tree, a leading online exchange based in Charlotte, N.C., connects consumers with banks, credit institutions and other lenders to negotiate the best deals. It also releases studies to provide pertinent statistics to customers.
A recent study, tabulated with thousands of transactions, details the top 50 metropolitan areas whose car buyers purchased the oldest used cars. The national average age for a used car purchase is six years old.
Jen Jones, an autos writer for Lending Tree, is our first guest on episode No. 36 of The Weekly Driver Podcast. Responding to co-hosts Bruce Aldrich and James Raia, Jones provides insight into the survey. She explains why it was done, what the results mean and the surprises Lending Tree discovered while analyzing used car buying preferences.
In the second half of the episode, Aldrich and Raia revisit the recent Pacific Coast Dream Machines, the eccentric automotive show in Half Moon Bay, California. Raia interviews Zane Buck and Eva Waves.
Buck and his friend Dante DiLallo and the young men’s fathers visited the show to not only look at other vintage vehicles but to exhibit Buck’s classic Packard. Waves and her family and friends were relaxing near the family’s camper van, a vintage Volkswagen Westfalia. She also explain’s the Westfalia’s interesting background.
Like all vintage vehicle owners, Buck and Waves have stories to tell about how they acquired their respective used cars and their reasons for attending Pacific Coast Dream Machines.
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