Saw a stat that made me feel old today

I was reading through some insurance data on Mitchell1 the other day and saw that the average age of a working vehicle on the road is now 12.6 years. That number surprised me because I started in this business in 1998 and back then most cars were 6 or 7 years old before people traded them in. Now we're fixing suspension and steering components on cars from 2012 like it's normal. Have you noticed how many more 10+ year old cars are coming through your bay these days?

2 comments

2 Comments

reese12412d ago

Man, that stat really hit me too. It's wild how the whole rhythm of car ownership has shifted. I see it everywhere now, people holding onto their rides way longer and actually maintaining them instead of just ditching them for a new loan. It feels like we've all just kind of quietly accepted that stuff costs more and nothing is built to be disposable anymore, even if the car itself is solid. Makes you wonder what the average age will be in another ten years, right?

reese_nelson12d ago

Wait, people actually maintain their cars now?