These Are The New Cars Owners Keep The Longest

Study

Unsurprisingly, most of them are SUVs.

With the rising costs of new car loans, owners are keeping their cars longer than ever before. According to a study by iSeeCars, the average new car buyer holds onto their cars for around seven and a half years, but some models are being kept even longer. The study found the new car that drivers keep the longest is the Ford Expedition, which is held onto for an average of nine years before being sold.

Unsurprisingly, six of the top ten most kept vehicles on the list are SUVs including the Ford Explorer (8.4 years), Chevrolet Suburban (8.4 years), Toyota Sequoia (8.9 years), Toyota 4Runner (8.8 years). iSeeCars CEO Phong Ly believes this is because they tend to be used as family haulers people hold onto until they are no longer needed. The second car on the list was the Chevrolet Corvette, which also happens to be the only sports car on the list, with an average ownership length of nine years.

Why do people tend to keep sports cars for so long? According to Ly, because they don’t tend to be an owner’s primary vehicle and therefore don’t get used as often, so they don’t need to be replaced as quickly. Three sedans also made the list including the Toyota Avalon (8.6 years), the Honda Accord (8.3 years), and the Ford Taurus (8.3 years).

The only minivan on the list was the Honda Odyssey at the number ten spot, with an average ownership length of 8.3 years. Like SUVs and crossovers, owners are more likely to hold onto a minivan until their children grow up. Notably absent from the top ten list are luxury vehicles. This suggests that luxury buyers are more likely to change vehicles more frequently, which makes sense considering most luxury cars are leased.

You Might Also Like
10 Of The Craziest Japanese Concepts Ever Made
10 Of The Craziest Japanese Concepts Ever Made
10 Chevrolet Models That Disappeared Forever
10 Chevrolet Models That Disappeared Forever

Surprisingly, no trucks made the overall top ten list, but a separate study of pickup trucks owners tend to keep the longest buyers tend to hang onto them for between seven and eight years since reliability is a priority for buyers in this segment. The Ford F-150 is typically replaced after 7.2 years, while the Toyota Tacoma is the most kept pickup truck according to the study with an average 7.8 years of ownership.

WatchThe Extraordinary Nissan GT-R50 Being Built By Hand

It’s all about bending sheet metal the old-fashioned way.

Here's How Aerodynamics Make The Lamborghini Aventador SVJ So Much Faster

Take a behind the scenes look at this amazing system.

Fake Lamborghini Murcielago SV Reverse-Engineered By Iran

The Chinese couldn’t have done it better.

Hennessey Trackhawk Is World's Quickest SUV

That's what a thousand horsepower will do for ya.

5 Things You Need To Know About The 2019 BMW X5

After driving the car for the first time, here are our key takeaways.

Watch The BMW M2 Competition Lap The Ring In 7:52

That was supercar territory not long ago.

Kim Jong-un Gets Classy With New Ride

So much for sanctions.

Drifting A 1,000-HP Corvette On Mountain Roads Takes Some Serious Skill

Thought drifting the entire Nurburgring was challenging? Try it in a 1,000-hp Corvette on a mountain road with no safety rails.

What's Hot

Related Cars

Starting MSRP
$51,790
Starting MSRP
$32,140
Starting MSRP
$27,690
Starting MSRP
$29,990
Starting MSRP
$34,610
Starting MSRP
$33,500
Starting MSRP
$51,015
Starting MSRP
$23,570
Starting MSRP
$79,495

Related Reviews

2018 Ford Expedition Review
Model Overview
0
2018 Ford Expedition Review
2018 Toyota 4Runner Test Drive Review: Off-Road Deadly, On-Road Friendly
Test Drive
15
2018 Toyota 4Runner Test Drive Review: Off-Road Deadly, On-Road Friendly
2018 Honda Accord Test Drive Review: Rising To Reputation
Test Drive
17
2018 Honda Accord Test Drive Review: Rising To Reputation
2019 Toyota Avalon First Drive Review: Blue-Haired Sedan Gets A Dye Job
First Drive
42
2019 Toyota Avalon First Drive Review: Blue-Haired Sedan Gets A Dye Job
2018 Ford Expedition Test Drive Review: A Tamable Goliath
Test Drive
9
2018 Ford Expedition Test Drive Review: A Tamable Goliath