Published 2 months ago

Average US vehicle age hits record 12.6 years as high prices force people to keep them longer

The average age of cars and light trucks in the U.S. Increased to 12.6 years, surpassing 2023's average by two months.
Light trucks have an average age of 11.9 years, while cars average 14 years.
Vehicles in the U.S., including cars, trucks, and SUVs, are aging, reaching a record average age of 12.6 years in 2024 due to the high cost of new vehicles.

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Reuters

Americans keep vehicles for record 12.6 years on average despite easing supplies, S&P says

Automobile owners in the United States are holding on to their vehicles longer, according to a new study, even as major supply disruptions caused by the COVID pandemic ease and availability at dealerships rise.

2 months ago·United Kingdom

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Associated Press News

Average U.S. vehicle age hits record 12.6 years old

S&P Global Mobility, which tracks state vehicle registration data nationwide, says the average vehicle age grew about two months from last year's record.

2 months ago·United States

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abc News

Average US vehicle age hits record 12.6 years

Cars, trucks and SUVs in the U.S. keep getting older

2 months ago·United States

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The Washington Post

Average US vehicle age hits record 12.6 years as high prices force people to keep them longer

Cars, trucks and SUVs in the U.S. keep getting older

2 months ago

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CNBC

Average U.S. vehicle age hits record 12.6 years as high prices force people to keep them longer

Cars, trucks and SUVs in the U.S. keep getting olderas people hang on to their vehicles largely because new ones cost so much.

2 months ago·United States

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CBS News

Average U.S. vehicle age at record 12.6 years due to high prices of newer models

Cars, trucks and SUVs in the U.S. keep getting older, hitting a record average age of 12.6 years in 2024 as people hang onto their vehicles largely because new ones cost so much.

2 months ago

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Coverage Details

Total News Sources0

Leaning Left8Leaning Right5Center19Last Updated2 months agoBias Distribution

59% Center

Bias Distribution

59% of the sources are Center

59% Center

+14

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Average US vehicle age hits record 12.6 years as high prices force people to keep them longer

0 Articles

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Americans keep vehicles for record 12.6 years on average despite easing supplies, S&P says

Americans keep vehicles for record 12.6 years on average despite easing supplies, S&P says

Average U.S. vehicle age hits record 12.6 years old

Average U.S. vehicle age hits record 12.6 years old

Average US vehicle age hits record 12.6 years

Average US vehicle age hits record 12.6 years

Average US vehicle age hits record 12.6 years as high prices force people to keep them longer

Average US vehicle age hits record 12.6 years as high prices force people to keep them longer

Average U.S. vehicle age hits record 12.6 years as high prices force people to keep them longer

Average U.S. vehicle age hits record 12.6 years as high prices force people to keep them longer

Average U.S. vehicle age at record 12.6 years due to high prices of newer models

Average U.S. vehicle age at record 12.6 years due to high prices of newer models

Coverage Details

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Ownership

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