S&P Mobility Report: Age of Light Vehicles Rises Again

S&P research shows the average vehicle age rose to 12.2 years in 2022, representing a 2% increase from 2021.
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S&P research shows the average vehicle age rose to 12.2 years in 2022, representing a 2% increase from 2021.
IHS Markit finds the average age of a car on U.S. roads rose to 12.1 years in 2021, up from 11.9 years in 2020. In comparison, the average age was 9.6 years in 2002.
The average age of America’s registered cars and light trucks has risen again, to 11.8 years, according to the latest report from IHS Markit.
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