(Southfield, MI) - If you’re riding around in a jalopy, you’ve got plenty of company.

 

A recent report by S&P Global Mobility shows that cars currently on American roadways are older than ever. The average car out there now is 12.6 years old, according to their research. That breaks last year’s record, which has slowly increased over the past six years.

 

It appears drivers are taking their chances with repair shops. About 70% of vehicles on the road are 6 or more years old, beyond manufacturer warranties.

 

Data also indicate electric vehicle numbers continue to rise, with 3.2 million EVs in operation in January. The average age of EVs in the U.S. is 3.5 years.

 

Americans have been buying fewer new cars since the pandemic, a trend that’s slowly turning. New car prices have dropped slightly, but last month the average new car price was just over $45,000.