The invention discloses a heat aging resistant polyvinyl chloride pipe and a preparation method thereof. The heat aging resistant polyvinyl chloride pipe is prepared from the following raw materials in parts by weight: 35-55 parts of SG-5 PVC resin, 25-45 parts of polyamideimide, 1.5-2.5 parts of a cadmium-barium-zinc compound stabilizer, 4-6 parts of E wax, 2.5-4.5 parts of tert-dodecylmercaptan, 6-9 parts of ethylhexyl thioglycolate, 15-20 parts of brominated polystyrene, 10-15 parts of poly-4-methyl-1-amylene, 3-5 parts of glyceryl monostearate, 10-15 parts of flint clay powder, 3-6 parts of beryllium oxide, 5-10 parts of asbestos powder, 7-11 parts of phosphate tri(xylene) ester, 2-3 parts of mannitol, 4-8 parts of trimethylsilyl crotonate, 2.5-4.5 parts of cobalt boroacylate, 1.5-2.5 cadmium ricinoleate, 1-2 parts of lead ricinoleate, 10-15 parts of dipropylene glycol dibenzoate, 8-12 parts of trimethyl citrate and 15-20 parts of composite nanometer powder. The PVC pipe disclosed by the invention is excellent in heat aging resistance, still can keep high tensile strength and elongation at break at a high temperature, has excellent abrasive resistance, chemical resistance and environmental crack resistance, and is durable and wide in application prospect.