Report: Drivers keeping cars longer than ever before

Report: Drivers keeping cars longer than ever before

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A 10-year-old car with 100,000 miles used to be called a beater... but not anymore!

According to a new report from consulting firm IHS Markit, the average age of a vehicle in the U.S. has climbed to an all-time high of 11.6 years.

The report goes on to say that almost one in four vehicles in the U.S. was built before 2001.

The firm predicts that in 2021, some 20 million vehicles on the road will be at least 25 years old.

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