Washington D.C. — A new study from the S&P Global Mobility Group has revealed the average age of personal vehicles in the United States is up three months from this time last year, with the average vehicle clocking in at 12.5 years.
This marks the sixth consecutive year the average age of vehicles on American roads has increased. The study concluded this is due to factors like COVID-19, parts shortages, skyrocketing prices and supply chain issues.
There are approximately 284 million vehicles on U.S. roads, said the study.
In 2016, the average age of Canadian vehicles was 9.66 years, versus 11.6 years in the United States.