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Old 06-15-2021, 9:23am   #1
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Default Average Age of US Cars Hits Record High

The average age of US vehicles has been creeping upward for years.

In 2020, the average vehicle on Americans roads was almost a teenager, according to research firm IHS Markit. The company, which produces an annual report on the age of American vehicles, says the average age of cars, light trucks, and SUVs hit a record high of 12.1 years, up from 11.9 in 2019, USA Today reports. In 2002, it was 9.6. It was once common for vehicles to be scrapped after 100,000 miles, but with new safety features increasing cars' value and lifespan, "now I think multiple hundred thousand, two—even more, maybe 300,000 miles—is far more common than it used to be," says IHS aftermarket expert Todd Campau.

The relatively steep rise in the average vehicle age is likely a blip caused by the pandemic, IHS says. The company says COVID-19 caused a "sudden increase in vehicle scrappage." More than 15 million vehicles were scrapped in 2020, about 5.6% of the total, IHS says. But while this might have caused the average age to decline in a normal year, there was also a drastic decline in new vehicle sales and a sharp reduction in miles traveled, Reuters reports. Analysts say a global semiconductor has cut new vehicle production and caused a massive 46.9% year-on-year rise in used car prices, a trend that might end up lowering the average vehicle age if more people decide to trade in their older vehicles.

https://www.newser.com/story/307377/...ss_world_login


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Old 06-15-2021, 9:27am   #2
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We had two 15 year old Lexi. Now we have one 15 year old Lexus. My daughter drives it and has no intentions of giving that sucker up.
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Old 06-15-2021, 9:28am   #3
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My wife's summer car is the Charger She won't give that sucker up! Flex's Charger is his winter car
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Old 06-15-2021, 10:00am   #4
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I currently do not own anything newer than a 2000 model year. So I'm throwing the curve off.
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Old 06-15-2021, 10:46am   #5
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My oldest vehicle is a 2002 STD Harley.
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Old 06-15-2021, 10:56am   #6
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We had two 15 year old Lexi. Now we have one 15 year old Lexus. My daughter drives it and has no intentions of giving that sucker up.
I have a 13 yo Lexus that my daughter drives and still runs great!
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Old 06-15-2021, 10:57am   #7
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The story also fails to mention "Cash for Clunkers" that came out after the recession. That took a lot of older cars out of the ecosystem and put the owners in much newer cars. Those same people, in large numbers, are still driving the car they replaced the Clunker with. Many are not in a position to buy a new car.
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Old 06-15-2021, 11:16am   #8
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The story also fails to mention "Cash for Clunkers" that came out after the recession. That took a lot of older cars out of the ecosystem and put the owners in much newer cars. Those same people, in large numbers, are still driving the car they replaced the Clunker with. Many are not in a position to buy a new car.
You need to borrow a little $$ ?
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Old 06-15-2021, 11:42am   #9
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I think it has less to do with reliability and improvements in quality, and more to do with insane prices for new vehicles. If you aren't paying cash, you could do $400.00 a month in repairs for three years and still come out ahead.
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Old 06-15-2021, 11:50am   #10
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I think it has less to do with reliability and improvements in quality, and more to do with insane prices for new vehicles. If you aren't paying cash, you could do $400.00 a month in repairs for three years and still come out ahead.
Do all my own work so not having a car payment i can throw a couple k at car a year and not blink.
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Old 06-15-2021, 11:53am   #11
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Quote:
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The story also fails to mention "Cash for Clunkers" that came out after the recession. That took a lot of older cars out of the ecosystem and put the owners in much newer cars. Those same people, in large numbers, are still driving the car they replaced the Clunker with. Many are not in a position to buy a new car.
Thought the same when I read this. That program almost put my friend out of business because he was selling a lot of stuff on the low end to folks that could only afford that bracket.
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Old 06-15-2021, 11:57am   #12
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You need to borrow a little $$ ?
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Old 06-15-2021, 12:29pm   #13
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Already have what I want and it'll outlast me. Certainly not buying one of those generic looking dorkmobiles. Fact is I won't even sit in one as a passenger... "Not that there's anything wrong with that"
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Old 06-15-2021, 12:32pm   #14
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You need to borrow a little $$ ?

24 hrs after payment late...
















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Old 06-15-2021, 2:13pm   #15
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We had two 15 year old Lexi. Now we have one 15 year old Lexus. My daughter drives it and has no intentions of giving that sucker up.








tahnks
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Old 06-15-2021, 2:14pm   #16
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My oldest car is a 1962 MGA MarkII the same age as me.
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Old 06-15-2021, 2:22pm   #17
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Cars are lasting longer for the most part.I'll drive mine into the ground or because I live in N.H. they will rust out from under me.
Happened to my '03 ZR2 mechanical it was perfect but the body gave out in '15.
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Old 06-15-2021, 6:21pm   #18
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My oldest vehicle is a 2002 STD Harley.
You have a HD that has an STD, figures!
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Old 06-15-2021, 7:12pm   #19
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The wife's '99 Tracker vert is still going strong.
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Old 06-15-2021, 7:34pm   #20
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My family…..

2004 Accord DD
2004 Corvette conv.
2009 Acura
2016 Dodge Charger
2019 BMW X5

The kids have the newest cars
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