Average Vehicle Age Grows Again in the U.S.

Average vehicle age grows again in the U.S.

The average age of light vehicles in the U.S. rose to a record 12.8 years in 2024, marking the second straight year of a two-month increase, according to new data from S&P Global Mobility. By comparison, Canada sat at 10.5 years as of last summer. Despite vehicle registrations surpassing 16 million last year for the first time since 2019, they weren’t enough to offset aging trends in the 289 million-strong U.S. vehicle fleet, which saw a steady …

Older vehicles may be risky for teen drivers

The study says that driving vehicles 6 to 15 years old carries a 19% greater risk of fatal crashes, while vehicles older than 15 years have a 31% greater risk — regardless of the driver’s age. However, many parents pass…