Have an old car? You’re not alone. Vehicle age hits record

2019 Hyundai Ioniq, 2019 hyundai ioniq

FILE- In this May 19, 2019, file photo a line of unsold 2019 sedans sits at a Hyundai dealership in Littleton, Colo. More Americans are falling behind on their car payments. If you’re one of them, you have options. Here’s how to get back on track: Know your budget, see how you can rework your car payment, then call your lender. (AP Photo/David Zalubowski, File)

DETROIT (AP) – People are keeping cars and trucks longer than ever.

The average age of a U.S. vehicle hit a record 11.8 years, as better quality and technology has allowed owners to hang onto them.

The 2019 figures from data provider IHS Markit show that the rate of increase is slowing, but the average age is still expected to go over 12 early in the next decade. The average is up 0.1 years from 2018.

IHS Markit Director of Global Automotive Aftermarket Mark Seng says people feel comfortable keeping vehicles longer because they’re built better than in the past.

Western states have the oldest vehicles at 12.4 years, while in the Northeast the average age is only 10.9 years. That’s due largely to less stop-and-start traffic that wears on a vehicle.

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