U.S. vehicles - average age 2018-2022

Passenger cars and light trucks in the United States had an average age of 12.2 years in 2022. This figure represents a slight increase from 12.1 years in 2022.

New vehicle sales decline amid pandemic

Long-term auto loans and good quality might be reasons why American motorists keep their automobiles longer. That said, vehicle sales in the United States declined dramatically in the second quarter of 2020. As a result, U.S. vehicle age is expected to rise further as U.S. motorists put off vehicle purchases among the Covid-19 crisis in the country. and have taken an interest in buying used cars. Amid supply chain shortages, North American automobile sales are projected to decrease to around 16.2 million units by 2022.

The future market

At 12.2 years old, the average vehicle age in the United States is at a record high but the newest cars on the market are entering the next era of automotive technology. Shared mobility, automation, and electrification are several key aspects of the modernization of the motor industry. Electric vehicles are anticipated to witness growing demand in the U.S. Already, electric cars are the favored choice in other important auto markets, including China and Germany.