Average U.S. vehicle age hits record 12.6 years as high prices force people to keep them longer

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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.

Average U.S. vehicle age hits record 12.6 years as high prices force people to keep them longer