Investing in the Aftermarket Automotive Industry presents the opportunity for independent automotive dealers to extend automotive care and services beyond the manufacturer warranty. Today, there is a total of 279 million vehicles on the road in the U.S. averaging an age of 11.7 years. Buyers are simply keeping their vehicles longer after traditional manufacturer warranties expire. Aftermarket Sales, General Auto Repair, and Auto Part Store sales grew a total of 2.2% from 2016-2017. This explains why the Aftermarket Autocare Industry is projected to do nearly $433 Billion in annual sales by 2021.
(Auto Care Associations 2019 Fact-book)