10/02/2026

Americans Are Pouring $15 Billion Into Aging Pickups Instead Of Buying New Trucks

Source: Fleet Management Weekly

According to a report from Mobility Global, the average vehicle on the road last year was 12.8 years of age. This marked two years in a row of this number jumping by two months year over year.

This tracks pretty closely with the average new car price. Cox Automotive put the number at $49,353 in February. Five years ago, the average new-vehicle transaction price was around $45,031.

An interesting way to measure the prevalence of older trucks on American highways is to look at aftermarket expenses. Consider that pickup truck modifications make up 30% of aftermarket sales, or around $15 billion in total, and the average repair bill is up by 33% since 2021, at around $838.

via CarBuzz