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1. www.thezebra.com › average-length-of-car-ownershipSurvey: Average length of car ownership in America - The Zebra

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   Apr 19, 2024 · A typical car is expected to last 200,000 miles or more, with electric or hybrid vehicles going up to 300,000 miles. If you drive the average number of miles for an American, a typical car should last you about 14 years and an electric car will last about 21 years.

2. www.kbb.com › car-news › average-length-of-usAverage length of U.S. vehicle ownership hit an all-time high

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   Feb 23, 2012 · The latest data compiled by global market intelligence firm R.L. Polk & Co has found that Americans are now holding onto their new vehicles for a record 71.4 months. On the used vehicle side,...

3. www.forbes.com › advisor › car-insuranceCar Ownership Statistics 2024 – Forbes Advisor

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   Mar 28, 2024 · How Many Americans Own a Car? Car Ownership Statistics by State. Car Ownership Statistics by Metro Area. Most Popular Cars in the U.S. How Much Does It Cost To Own a Car?...

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     Average Miles Driven Per Year [ Car Mileage By State + Age ]

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5. www.moneygeek.com › living › drivingCar Ownership Statistics in the US - MoneyGeek

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   6 days ago · Car ownership in the U.S. continued to increase in 2022, but there are still many individuals without cars. The total number of U.S. vehicle registrations reached 283,400,986 in 2022. California recorded the highest registrations at 31,119,113. The total number of registered vehicles increased by 2.5% in the last three years.

6. worldmetrics.org › american-car-ownership-statisticsAmerican Car Ownership Statistics: 11.9 Year Average Age

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   Jul 23, 2024 · The average American car is driven about 13,500 miles per year. The average length of time a person keeps a new vehicle in the U.S. is 6.5 years. The average cost of annual vehicle maintenance in the U.S. is $1,186.

7. www.thezebra.com › car-ownership-statisticsCar Ownership Statistics in 2024 - The Zebra

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   Jan 31, 2023 · In 2019, 8.7% percent of American households do not have access to a working vehicle (United States Department of Housing and Urban Development). The average American household owns at least two cars. (Statistica) Roughly 88% of Americans ages 15 or older are reported as drivers.

8. People also ask

   How many miles a year do you drive a car?

   • Estimates are for new vehicles driven 15,000 miles a year for 5 years. Estimates not available for used vehicles. U.S. Department of Transportation, Bureau of Transportation Statistics, National Transportation Statistics, table 3-17: Average Cost of Owning and Operating an Automobile, available at www.bts.gov.

   Per-Mile Costs of Owning and Operating an Automobile (current dollars)

   www.bts.gov/content/mile-costs-owning-and-operating-automobile

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   How long do Americans own a car?

   • Below are our findings about the average length of car ownership and what factors Americans consider when buying a new car. Key findings: Americans own their longest-kept cars for an average of about 8 years. In our sample, 64% have only owned their current cars for 5 years or less. 80% of Americans considered the cost before buying a new car.

   Survey: Average length of car ownership in America - The Zebra

   www.thezebra.com/resources/driving/average-length-of-car-ownership/

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   How long are Americans holding on a new car?

   • The latest data compiled by global market intelligence firm R.L. Polk & Co has found that Americans are now holding onto their new vehicles for a record 71.4 months. On the used vehicle side, that interval has risen to 49.9 months, a figure that also represents a new high mark.

   Average length of U.S. vehicle ownership hit an all-time high

   www.kbb.com/car-news/average-length-of-us-vehicle-ownership-hit-an-all_time-high/

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   How many cars do Americans own?

   • In a February study conducted by Experian Automotive, the average American household owns 2.28 vehicles. This study also found that 35% of households own three or more cars. Q: What percentage of cars are owned outright? As of September 2017, only 36% of car owners were able to make the full payment and purchase their vehicle outright.

   Car Ownership Statistics in 2024 - The Zebra

   www.thezebra.com/resources/research/car-ownership-statistics/

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   How much does ownership cost?

   • Ownership costs include insurance, license, registration, taxes, depreciation, and finance charges. Estimates are for new vehicles driven 15,000 miles a year for 5 years. Estimates not available for used vehicles.

   Per-Mile Costs of Owning and Operating an Automobile (current dollars)

   www.bts.gov/content/mile-costs-owning-and-operating-automobile

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   How many people own a car in 2022?

   • Between 2018 and 2022, personal and commercial vehicle registrations increased by 3.5%, indicating an upward trend in car ownership. Most U.S. households (91.7%) had at least one vehicle in 2022 (the latest data available), and 22.1% of households had three or more vehicles.

   Car Ownership Statistics 2024 – Forbes Advisor

   www.forbes.com/advisor/car-insurance/car-ownership-statistics/

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9. www.bts.gov › content › mile-costs-owning-andPer-Mile Costs of Owning and Operating an Automobile (current ...

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   Ownership costs include insurance, license, registration, taxes, depreciation, and finance charges. Estimates are for new vehicles driven 15,000 miles a year for 5 years. Estimates not available for used vehicles.