Study: These Are the Vehicles People Keep the Longest
While enthusiasts like many of you likely swap cars every couple of years, many people hold onto their rides for much longer than that. iSeeCars recently released its list of the vehicles that people keep the longest, and most of the names will likely come as no surprise.
The iSeeCars study showed that more owners keep these ten vehicles for 15 or more years than others:
- Toyota Highlander Hybrid: 7% kept for 15 or more years
- Toyota Camry Hybrid: 6.9%
- Toyota Highlander: 6.6%
- Toyota Tacoma: 6.4%
- Toyota Prius: 6.3%
- Honda CR-V: 6.3%
- Ford Escape Hybrid: 6.3%
- Toyota RAV4: 6.2%
- Lexus IS 350: 5.8%
- Nissan Versa: 5.7%
iSeeCars executive analyst Karl Brauer said, “The functional, high-value nature of these models aligns with long-term ownership. If you’re keeping a car for 15 or more years, you want reliability, practicality, and fuel efficiency, traits all of these cars offer.”
Even if owners don’t love the vehicle they drive, there are plenty of great reasons to hold onto a single car for the long run. “Most consumers can’t commit to a single vehicle for more than a decade, but those that do save a lot of money on their vehicle costs,” Brauer said. “Keeping a car for 15 years means no loan payments for most of that time, along with falling insurance and registration costs. Those reduced expenses can counter higher maintenance costs as a car ages, especially in durable models that hold up well over time.”
[Images: Toyota, TTAC]
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Chris grew up in, under, and around cars, but took the long way around to becoming an automotive writer. After a career in technology consulting and a trip through business school, Chris began writing about the automotive industry as a way to reconnect with his passion and get behind the wheel of a new car every week. He focuses on taking complex industry stories and making them digestible by any reader. Just don’t expect him to stay away from high-mileage Porsches.
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