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
https://www.nbcnews.com/news/us-news/average-us-vehicle-age-hits-record-126-years-high-prices-force-people-rcna153524
With an average U.S. new-vehicle selling price of just over $45,000 last month, many can’t afford to buy new — even though prices are down more than $2,000 from the peak in December of 2022, according to J.D. Power.