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Top 10 States and Markets Where the Oldest Vehicles Are Searched

Top 10 States and Markets Where the Oldest Vehicles Are Searched





According to research conducted by ValuePenguin, the states where people want to buy the oldest used vehicles are evenly split between the Midwest and the West.

LendingTree’s insurance division has identified the top 10 states and markets where consumers want to receive older models. Overall, researchers found that the average age of used vehicles that people want is 6.47 years old.

The company discovered these trends by researching more than 240,000 used vehicle financing applications on the LendingTree platform between January and July.

ValuePenguin determined the 10 states where people want to buy the oldest used vehicles and the average age of those units includes:

1. Idaho: 7.98 years
2. South Dakota: 7.98 years
3. Wyoming: 7.71 years
4. Iowa: 7.67 years
5. Nebraska: 7.66 years
6. Kansas: 7.62 years
7. Montana: 7.52 years
8. New Mexico: 7.25 years
9. Indiana: 7.04 years
10. Oregon: 7.02 years

Researchers then shared the specific markets where potential buyers live, along with the average age of what they want to buy:

1. Spokane, Wax: 8.04 years
2. Boise, Idaho: 7.74 years
3. Wichita, Kan.: 7.71 years
4. Des Moines, Iowa: 7.52 years
5. Harrisburg, Pennsylvania: 7.47 years
6. Ogden, Utah: 7.42 years
7. Omaha, Neb.: 7.39 years
8. Albuquerque, NM: 7.20 years
9. Knoxville, Tennessee: 7.17 years
10. Chattanooga, Tennessee: 7.14 years

“Independently of individual state factors, cars are getting older. The average age of cars and light trucks has been steadily rising for 20 years. New vehicles have become more expensive and more sustainably built vehicles allow people to travel more miles before being scrapped,” said ValuePenguin auto insurance expert Divya Sangameshwar in a report that has more data and is available. through this website.