Average Age For Cars in US Increases To 11.5 Years

world news  %tages Average Age For Cars in US Increases To 11.5 Years The average vehicle on U.S. roads is roughly 11.5 years ancient.
That means that the average car pouring beside you was bought groundbreaking new in 2004 (like the 2004 Town, seen above). According to IHS Automotive, overall vehicle registrations have grown by 2 percent compared to last year, and now sit at a record 257.9 million cars and trucks on U.S. roads.
Since IHS started tracking vehicle age in 2002, the average age has consistently gone up thanks to the ever better reliability of new vehicles. On average, new car buyers hold onto their cars for 6.5 years, while buyers of used vehicles tend to hold www.rawvehicle.com onto their cars for five years.
The report also shows that the roads are no longer dominated by ancient trucks, as the average age of cars has now caught up and sits on par with pickups.
Climbing new car sales will likely slow down the aging of our automotive fleet, which IHS predicts will hit an average of 11.7 years ancient by 2018.

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