Southfield, Michigan – The median age of passenger cars in operation in the U.S. remained at 9.2 years in 2007, tying a record high in 2006, according to a vehicle population report released by R. L. Polk & Co. The median age for trucks increased to 7.3 years in 2007, an increase of 5.8 per cent, while light trucks increased by 4.4 per cent to 7.1 years.”The median age of trucks, while still lower than cars, is starting to increase more now than in the recent past, as the surge of pickup trucks, SUVs and minivans purchased in the 1990s get older,” said Mark Seng, vice-president of Polk’s Aftermarket team.
The percentage of total passenger cars and trucks scrapped in 2007 was up slightly to 5.2 per cent, compared with 5.0 per cent in 2006. The scrappage rate for passenger cars increased to 5.5 per cent in 2007, from 4.9 per cent in 2006.
“We continue to see increasing vehicle durability across all vehicle types, regardless of last year’s increase in the scrappage rate for cars, light trucks and total vehicles,” said consultant Dave Goebel. “In 2007, the percentage of the car population 11 years of age and older was 41.3 per cent, compared to 40.9 per cent in 2006. For light trucks, this percentage was 29.5 per cent in 2007 and 29.2 per cent in 2006.”