By on May 23, 2022

S&P Global Mobility has reported that the average U.S. automobile is now 12.2 years old, which it said represented a 2 percent increase since 2021. While relatively modest, the general trend for the last five years has been for vehicles to get older as drivers attempted to milk more life from beleaguered hardware.

Much of this has been attributed to North America’s broadening wealth gap and general improvements in vehicle longevity. If you look back at Department of Transportation data from the 1990s, the average age of a car was under nine years. By 2007, the typical car would see its 10th birthday before scrappage and the number has continued to climb from there. Much of that is due to households having to make do with tighter budgets, which was arguably made easier by modern powertrains that can easily exceed 100,000 miles before needing any serious maintenance.  (Read More…)

Recent Comments

  • JMII: 36% confidence – a hurricane will disrupt gas production in LA or TX this year pushing prices even higher.
  • JMII: +1 turns out people really want EVs are willing to pay big money for them. Given the current gas prices demand...
  • SnarkIsMyDefault: If you want to know the price change on BV’s (battery vehicles) look at Tesla. Everyone else...
  • mcs: I suspect that once Austin and Berlin are up to speed and cheaper LFP batteries start taking the pressure off of...
  • SnarkIsMyDefault: It seems that Self-Driving requires you to be so alert and focused that you might as well BE...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Jo Borras
  • Mark Baruth
  • Ronnie Schreiber