> While the average vehicle age has risen steadily over the last 15 years, the trend accelerated during the coronavirus pandemic partly because of a drop in new-car sales, IHS said.
I'm not a car expert, but I'm guessing the dearth of driving in the past year has also affected this. Anecdotal, but I've put barely any miles on my 2013 car in well over a year, which I see as extending its life. I'm noticing my dealership has really amped up their direct-mail pleas to "come in for service," suggesting this revenue stream has dried up as cars stay in driveways.
I'm not a car expert, but I'm guessing the dearth of driving in the past year has also affected this. Anecdotal, but I've put barely any miles on my 2013 car in well over a year, which I see as extending its life. I'm noticing my dealership has really amped up their direct-mail pleas to "come in for service," suggesting this revenue stream has dried up as cars stay in driveways.