Old Cars Everywhere: Average Vehicle Age Hits All-time High

Posted By on July 30, 2020

In ordinary times, this would be a precursor of good news for auto makers. But we are in anything but ordinary times.

Average vehicle age hits all time high.

Still driving a beater?

You’ve got company. The average age of vehicles on the road in America has reached an all-time high.

The typical vehicle on the road today is now 11.9 years old, having increased an average of 4% over the last five years, according to research firm IHS Markit.

The number of vehicles on the road has also hit an all-time high: more than 278 million.

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