Americans are driving even older cars than ever before, as prices for new cars remain prohibitively high for many. This year, the average age of cars in the U.S. is 12.6 years, S&P Global Mobility reported this week.
That's up by two months from last year's age — which also set a record for older vehicles on the road. However, per S&P Global Mobility, cars' aging is slowing, a trend line that correlates to prices.
