Old Cars Everywhere: Average Vehicle Age Hits All-time High
Posted By thestatedtruth.com 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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