The Average Age of Light Vehicles in the US has Reached a Record High 12.5 Years

The average age of cars and light trucks in the US continued to increase in 2023 to 12.5 years, up over 3 months from 2022. This marks the sixth consecutive year that the average vehicle age of the US fleet has increased. The vehicle service industry stands to benefit from the recent growth in average light vehicle age, as an older fleet will continue to require repair work and maintenance.