Average New Car Buyer Older And Richer Than Average American

The average new car buyer today is 52 years old and earns around $80,000 per year, much older and richer than the typical American adult. “The fact they’re older and richer means they’re Baby Boomers. That means sooner or later they’re going to retire,” says the National Automobile Dealers Association’s chief economist, reflecting darkly on the future o…