Average age of running vehicles in the US was 11.4 years at end of 2013

Article by Christian Andrei, on June 12, 2014

The average age of a light vehicle on the road in the United States was 11.4 years at the end of 2013, according to IHS Automotive. IHS expects the average age to remain at 11.4 years through 2015, before rising to 11.7 years by 2019.

IHS said that the slower rate of growth in the average age of a light vehicle -- compared with the past five years – underscores the recovery of auto industry and the surge in new-vehicle sales.

Mark Seng, director of IHS Automotive’s aftermarket solutions and global aftermarket practice leader, remarked that for 2014, there would be a plateau in the average age of vehicles, which should remain over the next few years. He said the expectation was based on a number of factors, like the economy and increasing quality of vehicles.”

According to IHS, the average age of vehicles jumped 5 percent in the 2004-2009 period. On the other hand, the figure in the 2009-2014 period leaped 11 percent. IHS is expecting only a 3-percent jump in the average age of vehicles on the road.

There were also 24-percent more new-vehicle registrations than the number of scrapped vehicles in 2013. Total light vehicles in the road in the year jumped to a new record of 252.7 million. IHS said the figures were based on a study of vehicles in operation on Jan. 1.

IHS expects the volume of vehicles aged five years and below to hike 32 percent in the next five years while those aged 6-11 will drop by 21 percent.

The volume of vehicles 12 years and older is expected to surge by 15 percent in the next five years. Seng remarked that during recession years, people held onto their cars for longer and longer.

Topics: united states

If you liked the article, share on:


Login or Create new account to add a comment!


Many have been excited with the impending arrival of the next-generation Jeep Wrangler and the new 2019 Jeep Grand Wagoneer, which is slated to be the brand’s new range-topping model....
by - October 21, 2016
Chevrolet has taken the wraps off its new Chevrolet Colorado ZH2 at the fall meeting of the Association of the United States Army (AUSA). Tagged as the most extreme fuel-cell-powered...
by - October 21, 2016
Honda has unveiled the fifth generation of its hot-selling SUV – the 2017 Honda CR-V. The latest iteration of the CR-V should help it maintain its benchmark status in the...
by - October 21, 2016
Many are already expecting BMW to launch an ultra luxurious SUV that will serve at its new flagship by late 2018. Larger than the X5 and X6, the new X7...
by - October 21, 2016
Most of you may have heard or already have one of those autonomous home appliances doing the house chores. Thus, it’s not anymore unusual to see a car going places...
by - October 20, 2016