The average age of vehicles on the road today hits all-time high

Rising prices for new cars and the overall improved quality and reliability of vehicles being built today are causing Americans to hold on to their cars longer. A new report shows that the average age of vehicles on the road in the United States has surpassed 12 years for the first time, according to IHS Markit, a research firm that updates the statistic each year.

Demand for used cars has continued to climb over time since the Great Recession, which took place from December 2007–June 2009. The recession was a major shock to many American households, and those affected by the economic downturn were more likely to put off new-car purchases and make long-term changes to their buying habits. During the global pandemic, many Americans drove their cars less while quarantined at home. Those affected financially during the COVID-19 outbreak also are holding on to their cars longer.

But perhaps the biggest factor is that cars today — whether they are made in the United States or elsewhere — are lasting longer and are often a reliable set of wheels for a longer period. Most vehicles are much more complex than they were just a decade ago but they are definitely more reliable and long-lasting. Simply put, today’s cars have a higher potential mileage, better fuel efficiency and improved safety features, all of which work together to keep them on the road longer.

Rising new-car prices (and most recently a chip shortage) has also provided a boost to the used-car market and played a role in the new record for average age of vehicles on the road. Interestingly enough, the report also found that cars in the American West rack up the most road years compared with other regions of the United States. That could be due in part to the milder winters in areas of the West.

Of course, even in the somewhat gentle climes of Oregon, we still need to put in some work to give our vehicles a long, healthy life. Scrubby’s is here to make that easier than ever. Whether your ride is new or old, come on by for great value!