The Average Car On The Road Is 11.5 Years Old

My car was manufactured about eleven and a half years ago, which I thought was relatively old. That’s why I was surprised to learn that it’s perfectly average. According to data compiled by the consulting firm IHS Automotive, cars that are registered and on the roads have an average age of 11.5 years, and there’s a record number of cars registered right now.

Why does this matter? First, it’s interesting, because the trend of older cars began during the recession, and the average age of cars on the road has been increasing since 2008. People wouldn’t be keeping their cars for longer (or acquiring older used cars) if the cars themselves weren’t more durable, though, and that indicates that cars are more reliable than they use to be and staying out of the scrap heap.

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from Salisbury News http://ift.tt/1gwxSBv