Page 9 - Jay Nuber News Today

The average age of a passenger vehicle on the road hit a record 12.5 years this year, according to data gathered by S&P Global Mobility.

Average age of a passenger vehicle on the road hit a record 12.5 years in the U.S. this year

Average age of a passenger vehicle on the road hit a record 12.5 years in the U.S. this year

Average age of a passenger vehicle on the road hit a record 12.5 years in the U.S. this year

With the average new-vehicle price in the U.S. at nearly $48,000 and the cost of a used automobile averaging almost $29,000, many people are getting repairs done and keeping their vehicles longer

Average age of a passenger vehicle on the road hit a record 12.5 years in the U.S. this year

Average age of a passenger vehicle on the road hit a record 12.5 years in the U.S. this year

Average age of a passenger vehicle on the road hit a record 12.5 years in the U.S. this year

With new and used cars still painfully expensive, Ryan Holdsworth says he plans to keep his 9-year-old Chevy Cruze for at least four more years. Limiting his car payments and his overall debt is a bigger priority for him than having a new vehicle. A 35-year-old grocery&...

Average age of a passenger vehicle on the road hit a record 12.5 years in the U.S. this year