27 January 2015

Age of fleet levels off as car industry in recovery

The age of the private fleet in Ireland has levelled off significantly for the first time in over 10 years. The age of the private fleet now stands at 8.83 years.

Vehicle history company Cartell.ie tracked the average age of a private vehicle in Ireland in January of every year between 2000 and 2015.

They say the difference between the age of the fleet in January 2014 and January 2015 is the lowest increase recorded since 2001 and an indicator that the age of the private fleet in Ireland may have levelled off.

It is taken as a further sign that the vehicle industry is returning to normality. The result may have been spared by new car sales and owners of older vehicles in the fleet, who may have held them for as long as possible, are now up-cycling.

The age of the whole Irish fleet, not simply private vehicles, now stands at 9.39 years.