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
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.
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Drove my end of teens car just over 14 years, 230k miles. Transmission finally started to give and honestly for most of its life I treated the car like dog shit, but I learned to do most maintenance myself eventually. I did buy a new 2024 civic and I do love it so far, and it being a Honda I already know how to work on it from my last car. Maybe eventually I'll find time and a bit of budget to fix my old one but realistically for now I have to travel and work.