If your car is a bit older, it’s ok. More people are driving cars with a lot of miles on them.
The average age of cars and trucks on US roads has reached 11.8 years.
People are able to keep their vehicles longer because of technological improvements. Longer financing is another reason cars are hanging around. Some original owners are stretching payments across six or seven-year terms.
Western states have the oldest average cars at 12.4 years. The Northeast only has a 10.9-year average. The state with the highest average vehicle age is Montana at 16.6 years. Vermont has the lowest average car age of 9.9 years.
How old is your car? Have you thought about getting a new car or is the one you have just fine for you?