Average US car age reaches record high, according to study

The average car on the road in the U.S. is nearly 12 years old, roughly one month older than the national average for last year and the oldest in the history of a study conducted by IHS Markit. The study, which was released Tuesday, showed that car owners were holding on to their cars for 11.9 years and keeping them on the road for more years...
2008 Dodge ChargerThe average car on the road in the U.S. is nearly 12 years old, roughly one month older than the national average for last year and the oldest in the history of a study conducted by IHS Markit. The study, which was released Tuesday, showed that car owners were holding on to their cars for 11.9 years and keeping them on the road for more years...
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