Average Age of Vehicles Reaches 10.8 Years

The average age of cars and trucks in the United States has reached a record high of 10.8 years, according to Polk, a company that reports trends in the automotive industry. Polk speculates that the aging vehicle fleet is a result of a tough economy that has kept many Americans watching their budgets and out of showrooms. But the economy isn’t the only reason why many consumers are waiting to purchase a new vehicle. Cars and trucks are ... continue reading»

Tags: News, New Cars, Average age of vehicle fleets, Polk