In the past several months I've been having a lot of my fellow colleagues approaching me for car buying advice and tips. It's been a lot of fun and, frankly, frustrating at times.
That's because everyone tells you a story, you listen, you invest time into providing solid answers and then they go do whatever they'd like anyhow. To me it doesn't steam my clams too much, mostly because an automobile is typically a household's second largest purchase. Hell, people should buy what they want most.
But don't tell me you need a seven seater and come home with something that's uncomfortable to seat even five after visiting just one dealership.
One of the common threads during all of my conversations with my coworkers is that they want to buy and hold onto their vehicle for about 10 years. Considering all the technology these days and complexity involved in automobiles, I am not a betting man when it comes to reliability.
Whenever it comes to reliability though I always steer my friends and family to Japanese cars. Have I been onto something or DEAD wrong?
Well, a website called iSeeCars published some findings after analyzing used car data from January to October. After parsing through 2.5 million cars with model years 1981-2006, this is what it found. Below are the Top 10 vehicles that owners are keeping for 10 plus years.
If you click "Read Article" below you can see how the data is sliced in other ways but this is the most critical measure, at least the way I perceive it. So, are YOU surprised?
Top 10 Cars Owners Keep for At Least 10 Years
Rank | Car | % Original Owners Keeping Car for 10+ Years | Compared to Average |
1 | Toyota Highlander Hybrid | 32.1% | 2.5x |
2 | Toyota Prius | 32.0% | 2.5x |
3 | Toyota Highlander | 29.0% | 2.2x |
4 | Toyota Sienna | 28.7% | 2.2x |
5 | Honda Pilot | 27.2% | 2.1x |
6 | Honda CR-V | 25.2% | 2.0x |
7 | Toyota RAV4 | 24.9% | 1.9x |
8 | Subaru Forester | 24.2% | 1.9x |
9 | Lexus RX (hybrid) | 24.1% | 1.9x |
10 | Honda Odyssey | 24.0% | 1.9x |
Average for All Cars | 12.9% | – |
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