AVERAGE AGE OF LIGHT VEHICLES IN US HITS 11.9 YEARS
According to an article in Counterman magazine
using information from IHS Markit the average age for light
vehicles in the United States is now 11.9 years. Okay but so what?
I
remember when Volvo used to say that "in Sweden the average age of a Volvo
is ten years". That was back in the '70s. So an additional 1.9 years
doesn't sound like that big of a deal.
It
would be more important in my view to state the average mileage of a
ten year old vehicle.
Statistics
say the average miles driven per year is 13,476. So theoretically a ten
year old car should have 134,760 miles on the odometer. But the trouble with
average is, well, it is an average, it's not real. Average miles driven per
year changes drastically based on where you live. At least in my experience.
In
my area of the country people tend to live a long way from where they work. It
is not unusual for people around here to drive 40-80 miles to work (that's one-way). So figure 80-160 miles per day at least five days a week. Four to eight
hundred miles per week, 20,000-40,000 miles per year (based on 50 weeks of
work). So a ten year old car or truck (and many of the commuters have pickups because their trades basically demand it)
might have between 200,000 to 400,000 miles on it.
It
isn't unusual out here to see a private sale used car advertised with a couple
of hundred thousand miles on the odo.
Of
course we (and a few other areas of the country) have the benefit of no to
minimal rust so our cars last longer in that respect. Add in the fact that cars
are just built better (it's rare to hear of a car that needs a major mechanical
repair), then factor in the initial cost of a new car (almost $38,000 this
year), and the length of a loan (up to 7 years!) and it's easy to see why we
put so many miles on our cars.
So
let's stop using "average". If you add the average annual snowfall in
Tahoe, CA (400") to the average snowfall in Death Valley (0") it
might lead you to believe that the average snowfall in California is 200".
Trust me, it isn't.
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