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

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Hormone therapy improves mental health for transgender youths, a new study finds

Transgender youths reported more life satisfaction and fewer symptoms of depression and…

British chain Costa Coffee faces boycott calls over transgender illustration

Anti-LGBTQ social media users are threatening to boycott the world’s second-largest coffee…

Family of Kansas teen killed by police blasts investigation as ‘victim blaming’

An investigative report and previously unseen videos from the 2018 death of…

Selling a Car? What to Consider Beyond the Price Tag

When Erin Adams decided to leave the Portland, Ore., area and consider…