Buying a car is often regarded as a horrible investment of your money. By the time you drive it off the lot, it depreciates in value – never again reaching the initial price for which you purchased it. That’s why when you buy a car, you want to make sure it will last longer than the time it takes to pay off your auto loans.
So, which new cars last the longest after being purchased?
iSeeCars.com answered this question with their in-depth survey of the cars people owned the longest after driving it off the lot. The factors for why people hold onto these cars varies. However, a few common reasons are reliability with defensive driving, low maintenance cost, and induction as an additional member of the family. Below are the top NEW CARS owned by people the longest after they were purchased.
The Ford Expedition is favorite among families – and singles who just want a lot of room. Part of the reason why the Expedition is owned for so long is because of its spacious interior that allows you to store cargo and people. It’s the perfect vehicle investment for the family.
People who purchase a Chevrolet Corvette often keep it for 9 years. That’s years of high speed driving down highways and roads in a flashy sports car. It’s no doubt that anybody who owns a Corvette will want to hold onto it like their memories of peaking in high school.
The Toyota Sequoia is an SUV that caters to families. Which is one major contributor to why it’s owned for so long before being traded or sold. But, if you spent $50,000 on a new car, you would want to get your money’s worth out of it.
The Toyota 4Runner is perfect vehicle to transport you for the, on average, 8.8 years of ownership. Moreover, its durability makes it a highly reliable car that will happily overstay its welcome. The Toyota 4Runner should be called the Toyota 5Seater, because it fits the entire family.
With another Toyota vehicle ranked on the top list, you can tell their favorite when it comes to a long-term commitment. The Toyota Avalon is no different. It’s a luxury vehicle, and the most luxurious part about it is how long you’ll own it.
In the Ford Explorer, you’ll be able to explore the world with the amount of time you have together. Sport utility vehicles are family favorites because they’re comfortable for a group of people and they’ll still fit your luggage.
A good suburban is the perfect complement to living in the suburbs. That’s why they’re a popular choice among families. Moreover, they’re the type of car you remember growing up in and wonder what happened to it when you went off to college.
According to the survey, the Honda Accord is usually owned for 8.3 years before it’s discarded with the rest of the memories you build with it. The reason why the Accord is reliable car is because of its fuel efficiency and comfortable interior.
The Ford Taurus is part of Ford’s sedan line. The reason why most people keep their car is because of the power they feel when driving it. That or the reliability of driving a vehicle that’s built tough.
With the Honda Odyssey, you could own it long enough to complete your own little odyssey. At least, you would be able to fit entire ship’s crew inside this large minivan, with its large interior and seating room. Just remember this vehicle isn’t very buoyant
To check out iSeeCars’ rankings for the top POPULAR, top NEW PASSENGER, top NEW PICKUP TRUCKS and top LONGEST-KEPT MODELS BY STATE, CLICK HERE