6 Dependable Car Brands Drivers Are Most Likely To Keep for 15 Years or More
Most new car owners hold on to their cars for eight years, but some drivers will keep their cars for twice that long. The brand of car can have a lot to do with it, with some brands having a higher rate of longtime car owners than others.
An iSeeCars.com study analyzed over 929,000 cars from model years 1981 to 2009 to determine which older cars are most likely to be kept by their original owners. According to the study, owners are most likely to hold on to cars from these automakers for 15 years or more.
Toyota
Percent of cars at least 15 years old that are kept by original owner: 5.6%
How that compares to the average: 1.5x
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Honda
Percent of cars at least 15 years old that are kept by original owner: 5.3%
How that compares to the average: 1.4x
Lexus
Percent of cars at least 15 years old that are kept by original owner: 4.4%
How that compares to the average: 1.2x
Mazda
Percent of cars at least 15 years old that are kept by original owner: 4.3%
How that compares to the average: 1.1x
Hyundai
Percent of cars at least 15 years old that are kept by original owner: 4.2%
How that compares to the average: 1.1x
Subaru
Percent of cars at least 15 years old that are kept by original owner: 4.1%
How that compares to the average: 1.1x
This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal, or tax advice.
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