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Average US vehicle age hits record 12.6 years as vehicle life expectancy continues to improve!*

apnews.com 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. A study published Wednesday says U.S. vehicles hit a record average age of 12.6 years in 2024 as people hang on to their rides largely because new ones cost so much.

Average US vehicle age hits record 12.6 years as high prices force people to keep them longer
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  • How much of this is due to vehicle life expectancy improving and how much of it is nobody can afford a new car. Obviously it's not purely the later, because vehicle do (generally) last longer these days, but it's not like everyone was driving their vehicles into the dirt previously.

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