Average Vehicle Age Now 12.2 Years

Likely, it is not much of a surprise to most Americans that the average age of vehicles on the road continues to rise. After all, high prices for new vehicles, a tight market for reliable used models, along with a looming economic recession combine to keep consumers from making major … Read more

Auto Trends: Average Age of Cars is 11.4 Years

IHS Automotive issues latest snapshot of vehicles in operation. That aged clunker you are driving might be in good company after all. On Monday, IHS Automotive released its latest analysis of the 252 million passenger vehicles registered in the United States and found that the average age for this “fleet” … Read more