The average age of cars in the United States has been steadily increasing over the past few decades. According to data from IHS Markit, the average age of cars on US roads in 2021 was 12.1 years. This represents a significant increase from the average age of 9.6 years in 2002.

One of the main factors contributing to the trend of older cars on US roads is the increasing reliability of modern cars. Cars built in the last few decades are generally more reliable and long-lasting than older models, thanks to advances in technology and improvements in manufacturing processes. As a result, people are able to keep their cars for longer without having to worry about major breakdowns or expensive repairs.

Another factor that has contributed to the increasing average age of cars is the economic climate. Over the past few years, many people have been feeling the pinch of stagnant wages and rising living costs. As a result, fewer people are able to afford to buy new cars, and are instead choosing to keep their existing cars for longer.

In addition, there are also environmental concerns that are driving people to keep their cars for longer. With concerns about climate change and air pollution on the rise, many people are looking for ways to reduce their carbon footprint and make more sustainable choices. Keeping an older car on the road, rather than buying a new one, is one way to reduce your environmental impact.

However, there are also some downsides to the trend of older cars on US roads. Older cars tend to be less fuel-efficient and more polluting than newer models, which can contribute to air pollution and climate change. In addition, older cars may be more prone to breakdowns and require more frequent repairs, which can be costly and inconvenient.

Despite these downsides, there are also some advantages to owning an older car. For one, older cars tend to have lower insurance costs than newer models, which can save drivers money in the long run. In addition, many people develop a sentimental attachment to their cars over time, and may be reluctant to part with them even if they could afford to buy a new one.

Overall, the trend of older cars on US roads is likely to continue in the coming years, as people look for ways to save money, reduce their environmental impact, and keep their reliable and well-loved cars on the road for as long as possible. While there are some downsides to this trend, there are also advantages, and it will be interesting to see how the average age of cars in the US continues to evolve in the years to come.