The average age of vehicles on U.S. roadways edged higher in 2021, hitting a record of 12.2 years, as Americans challenged by high car prices and slim pickings on dealer lots held on to cars longer.

This was the fifth straight year the average vehicle age in the U.S. has increased, according to new data released Monday by research firm S&P Global Mobility.

This post first appeared on wsj.com

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