The average age of cars and trucks in the U.S. has hit a record 11.8 years, as better quality and technology allows people to keep them on the road longer. The 2019 figures from data provider IHS Markit show that the rate of increase is slowing, but the average age is still expected to go over 12 years
DETROIT — The average age of cars and trucks in the U.S. has hit a record 11.8 years, as better quality and technology allows people to keep them on the road longer.
People are feeling comfortable keeping vehicles longer because they're built better than in the past, said IHS Markit Director of Global Automotive Aftermarket Mark Seng.Plus, original owners are keeping their vehicles longer and maintaining them better because they're financing them for longer, six or even seven years in many cases, he said.Western states have the oldest vehicles at 12.4 years, while in the Northeast the average age is only 10.9 years.
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