Whether you are thinking about buying a car and trying to decide if the cost of a new car is worthwhile or are wondering how much money you should put into repairing your older vehicle, learning the average lifespan of a vehicle can help you with your decision. Of course, averages are not always accurate, and you may find that your car lives much longer or much shorter than the average, but an average can help you make an educated choice.

The Official Average According to the U.S. Department of Transportation, vehicles tend to last just over 13 years. Mileage also plays a role in how long a car, truck, or van will last, and the average final mileage for a vehicle is 145,000 miles. Half of all of the vehicles on the road today are 8 years old or older, with a third of them being at least 10 years old.

Thoughts for Buying Cars If you are in the market for another vehicle, the decision about buying new or used is sometimes difficult. Of course, your budget may dictate that you shop for a used car, and used cars depreciate much less quickly than new ones, but you will probably get a longer lifespan out of a new vehicle. New vehicles come with warranties, which make maintenance and repair early in the vehicle’s life convenient. Also, you will not be buying someone else’s “problem” when you buy a new car. If there is a mechanical problem or recall on the car, it will probably be covered in the warranty.

Buying a used car does mean you can end up buying someone else’s problem. On the other hand, if the used car is less than 8 years old, you have a pretty good indication that it will last a while, based on national averages. You will also be able to afford more “extras” in a used car than in a new car for the same amount of money, provided you have enough for a new car to begin with.

Dealing with an Existing Vehicle If you have an older car that is in need of some serious