This list of the 10 new cars owners keep the longest reveals just how much American love their SUVs and sports cars

Business Insider Automobile 1 month ago
  • The new cars that owners keep the longest are mostly sports cars and SUVs, according to a study by  iSeeCars.com.
  • The only car on the list that isn't a sports car or SUV is the Toyota Avalon, a full-size sedan.
  • The longest retained new car is the Toyota Land Cruiser, which owners keep for an average of 11.4 years.
  • Visit Business Insider's homepage for more stories.

The new cars that owners keep the longest before reselling are mostly sports cars and SUVs, according to a study by car search engine iSeeCars.com.

Most owners keep their new cars for an average of 8.4 years, but the ten vehicles on the list averaged 9.7 to 11.4 years.

Almost all the sports cars on the list — with the exception of the Porsche 911 in the coupe body style — are the convertible versions. iSeeCars CEO Phong Ly claims this is because convertibles are the least-driven type of car and typically amass 60% fewer miles than the average car. 

"Sports cars typically aren't daily drivers and don't accrue high mileage as a result, so it takes them longer to show signs of wear and tear," Ly said in a prepared statement. "Because sports cars aren't typically used as primary vehicles, owners likely aren't as concerned with having the latest and greatest technology and safety features."

iSeeCars.com analyzed over 5 million cars to identify which models were kept the longest before being sold by their original owners between January 1, 2014 and December 31, 2018. Cars owned for less than five years were excluded from the data set. 

Check out the new cars owners keep the longest:

10. Toyota Avalon

9. Toyota Sequoia

8. Porsche 911

7. Toyota 4Runner

6. Ford Mustang

5. Ford Expedition

4. Audi TT

3. Mercedes-Benz SL-Class

2. Chevrolet Corvette

1. Toyota Land Cruiser


Source link
Read also:
USA Today › Automobile › 2 weeks ago
At the L.A. Auto Show, SUVs, and even some passenger cars, are now spawning new SUVs – essentially, new variations on existing vehicles.
Business Insider › Automobile › 1 week ago
Automotive research firm iSeeCars.com has compiled a list of 14 cars that are the most likely to last over 200,000 miles. The list includes mostly full-size SUVs and is topped by the Toyota Sequoia. Visit Business Insider's homepage for more stories...
Business Insider › Automobile › 3 weeks ago
Automotive research firm iSeeCars.com has compiled a list of 10 SUVs with the highest depreciation after five years of ownership. The Lincoln MKT tops the list, with a depreciation of 66.1% in five years — a $37,997 difference. The list includes...
USA Today › Automobile › 2 weeks ago
ALG's 2020 Residual Value Awards honors cars, trucks and SUVs with the longest lasting value in various categories. Check out which vehicles made the list.
Business Insider › Opinions › 1 week ago
Tesla unveiled its much-anticipated Cybertruck last week. Reaction was ... mixed. But the arrival of the Cybertruck suggests some new, untapped vehicle segments that Tesla could move into. These include full-size SUVs, convertibles, and even...
Business Insider › Automobile › 1 month ago
Automotive research firm iSeeCars.com has compiled a list of 10 SUVs with the lowest depreciation. The Jeep Wrangler Unlimited tops the list, with a depreciation of 30% in five years, a $12,188 difference. The list includes Jeeps, Toyotas, Mercedes...
Axios › Automobile › 1 month ago
Reproduced from IEA; Note: Other passenger cars refers to internal combustion passenger cars excluding SUVs; Chart: Axios VisualsA new International Energy Agency analysis looks at carbon emissions from the global growth in SUV sales and calls it...
Business Insider › Automobile › 2 months ago
Whether it's circumstance, preference, or just wanting to have a shiny new car every year, sometimes owners sell back cars after only a short term of ownership. The website iSeeCars.com has compiled a list of the 10 cars given up and resold as "used...
CBS Local › 1 month ago
BWM is recalling nearly a quarter of a million cars and SUVs over what they say is a faulty backup camera display.
Business Insider › Automobile › 3 weeks ago
Automotive research firm iSeeCars.com created a list of the 10 sports cars that boast the lowest depreciation rates. The Porsche 911 coupe tops the list; it lost 37.2% of its value, or about $53,595, over a five-year period. The list also includes...
Sign In

Sign in to follow sources and tags you love, and get personalized stories.

Continue with Google
OR