zzdcar
Home
/
Reviews
/
Buying
/
This 2018 Study Lists Which Cars People Keep The Longest
This 2018 Study Lists Which Cars People Keep The Longest-November 2024
2024-02-19 EST 22:09:49

Once again, our friends athave compiled the cars that people hold onto the longest. The list is quite different from the data they got last year and has both some predictable entries and surprising rankings.

Last year However, this year most of the sports cars are gone except for the Chevrolet Corvette that occupies the number two spot. Also gone is the Toyota Land Cruiser which now has been replaced by the Ford Expedition.

While some people prefer to get a new car every few years, there is a certain freedom to owning a…

The methodology of the study is as follows:

iSeeCars.com analyzed more than 6 million 5-year-old or older used cars sold by their original owners between Jan. 1, 2013 and Dec. 31, 2017. Models which were owned for less than 5 years were excluded from the analysis, to eliminate the effect of short lease terms on the data. Models that were in production for less than 9 of the 10 most recent model years (2009 to 2018), heavy-duty trucks and vans, and models with two standard errors of the mean greater than +/- 1 month, were also excluded from the analysis. The average age of each model was calculated using the ages of cars when they were first listed for sale.

As for why the data changed so much, I got in contact with an iSeeCars.com data scientist who explained that, in pulling from more data, some of the outliers got drawn out:

“For this year’s study, we made improvements to the methodology and some models from last year’s list such as the Land Cruiser were eliminated as a result...We don’t report data when we’re not comfortable with the accuracy, and we’re always trying to improve on how we process and report our data. First, for this year’s study, we added another year’s worth of data, which changed some of the values. Second, we used a minimum sample size last year to filter out noisy models, whereas this year we used the standard error of the mean.”

Given the adjustments to the study the results aren’t all that surprising, many of the cars on the list overlap with another study on vehicles that. Even the Corvette, a car that typically ends up with low miles even after several years of ownership, is often not used as a primary driver for many owners. Furthermore, the long-term running costs for a Corvette tend to be much lower than European sports cars.

To see more details of the study including which passenger cars and trucks are being held onto the longest, check out

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Buying
For $14,788, the M in This BMW Stands For Mustang
For $14,788, the M in This BMW Stands For Mustang
BMW is a company known for their engines. That being said, today's 3-Series has an engine you all should know, but will its price make you want to have it keep you company? Kit cars on NPOCP usually go down for the count, as the potential disaster looming in the...
Nov 10, 2025
For $3,600, This GTI Pickup is The Real Sport Utility
For $3,600, This GTI Pickup is The Real Sport Utility
In some markets VW called their Golf/Rabbit-based pickup the Caddy. Today, tees up a GTI-infused version of the little trucklet, but will its price prove a hole in one for you? Fragile, presumptively ricerific, and possibly suffering from the notorious ‘crank walk' issue, yesterday's ended up doing the perp walk...
Nov 10, 2025
For $4,500, Your Space Wart Awaits
For $4,500, Your Space Wart Awaits
Chrysler's minivans caught the competition off guard, even usually unflappable Toyota. The Japanese countered with a JDM forward-control offering, and as today's contender attests, while it may have been slow, its freak flag sure flies. With Ferrari, we all know that the most expensive cars are usually those with the...
Nov 10, 2025
For $11,900, it’s a Total Eclipse of the Heart
For $11,900, it’s a Total Eclipse of the Heart
Yesterday, the Moon proved a better door than a window, causing a total eclipse over parts of the globe. Today, brings you a Mitsubishi Eclipse, but will its price allow it to darken your doorstep? The Mitsu Eclipse isn't actually named for down in front! celestial phenomenon, but for an...
Nov 10, 2025
Bentley Mulsanne: First Drive
Bentley Mulsanne: First Drive
The Bentley Mulsanne is one of the costliest Bentleys you can buy, a fast, refined car offering heritage and breeding in spades. Ordinary people are not supposed to be able to relate. We are ordinary. Is this worth $285,000? Full Disclosure: Bentley flew us to Scotland and put us up...
Nov 10, 2025
For $55,000, It’s a Clearance Table Ferrari!
For $55,000, It’s a Clearance Table Ferrari!
Elvis Costello once sang that Accidents will happen, we only hit and run, I don't wanna' hear it, ‘cause I know what I've done. For today's Ferrari, an unknown accident may mean it's done. The minions of neither the Samba nor the Vortex made an appearance yesterday, and hence the...
Nov 10, 2025
Copyright 2023-2025 - www.zzdcar.com All Rights Reserved