Of course it's the economy!
It just means that people are hanging onto their old cars, they can't afford to buy new ones or won't risk buying a new one when there's a good chance of the job going out of the window.
Remember that you are an Englishman and thus have won first prize in the lottery of life.
turkeytickler
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It just means that people are hanging onto their old cars, they can't afford to buy new ones or won't risk buying a new one when there's a good chance of the job going out of the window.
Generally as people get richer and richer, they will buy more cars more often.