«[The] quality of new vehicles continues to be a key driver of the rising
average vehicle age over time,» said Mark Seng, IHS Markit director of the firm's automotive aftermarket division.
Not exact matches
The
average age of a U.S.
vehicle is nearly 12 years old, a reflection of car quality but also swelling consumer debt, an expert tells CNBC.
As a result, estimate analysts at IHS Automotive, the
average age of a
vehicle stands at a record 11.3 years.
Avengers:
Age of Ultron certainly doesn't have any more crashing
vehicles, imploding buildings and pummeling superheroes than your
average comic - book movie.
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In fact, the
average age of the American automobile in 1991 - 7.9 years - is the highest since the end of World War II.But since the late 1980s, auto safety has been a top priority for automakers because of government - imposed safety standards and the consumer demand for safer
vehicles.
Oldsmobile says that the Alero and other
vehicles in its current lineup, including the midsize Intrigue sedan, Silhouette minivan and Bravada sport - utility, have helped lower the
average age of Olds buyers by six years.
This market is expected to continue to grow as the
average age of
vehicles on the road continues to increase, classic cars gain in popularity and Baby Boomers have more discretionary money to purchase these
vehicles.
If nothing else changed, their
age 65 income would then be about $ 104,000 per year before 15 per cent
average tax, leaving them with $ 7,370 a month for expenses that could have declined to perhaps $ 5,800 per month with elimination of all savings, a car payment and half of present car operating expenses and insurance if they can get by with one
vehicle.
Current records show that most American driver's will have a near motor
vehicle accident 1 to 3 times per month and will be in a collision of some type on the
average of every 5 to 8 years plus these records also indicate that licensed teenagers are 22 more times likely to get a speeding ticket than those who are 65 years of
age or older.
On
average, three children
age 14 and younger were killed and 469 were injured every day in the United States in motor
vehicle crashes.
On
average, about 115 people die each day in the U.S. alone from
vehicle accidents and from the
ages of..
Indeed, for well over a decade, the
average age of light
vehicles has remained the same or risen, never retreating.
Factors like the
vehicle's
age and model, as well as your driving history and
average mileage, are considered when evaluating how much and what type of coverage you need.
Based on your
vehicle, your
age and your driving history, your personal premium could be higher or lower than the
average.
You may pay considerably lower than the national
average, but keep in mind that your specific Elgin car insurance premium will depend on factors such as
age, driving history and
vehicle type.
Let a Trusted Choice agent analyze your risks and take your personal information, such as your
vehicle's
age, model and
average mileage, to find a personalized policy.
Depending on your
vehicle's
age, make and model, as well as your gender, driving record and claims history, your monthly cost could be higher or lower than this
average rate.
Your car policy should be personalized and based on specific factors such as your
vehicle's make, model and
age as well as your own claims history and mileage
average.
According to the same survey, information gathered shows the
average age of a
vehicle on the road today will be 11.6 years in 2016, with the expectation that the number will continue to rise slightly through at least 2018.
Your
vehicle's make, model and
age, as well as your gender, driving record and claims history, will all be taken into account when finding an insurance plan and tabulating a monthly
average.
Depending on your
age, gender and
vehicle and a few other variables, your monthly cost could be a little higher or lower than this
average.
Nationally, motor
vehicle crashes remain the leading cause of death for U.S. teens and, in 2010, seven teens between the
ages 16 and 19 died every day on
average from motor
vehicle injuries, according to the Centers for Disease Control and Prevention.
The types of
vehicles include the
vehicle model, the
average age of the car and also the mode of the
vehicle including gas, hybrid and electrical.