How long do you keep your car?

Anonymous
Just wondering. Please state your HHI, the make of the car, whether you bought it new or used and how long you’ve held on to it and why. I will start.

HHI- $220k
Toyota Corolla - bought new in 2013 and still have it
Anonymous
HHI $210k

2012 Honda Civic bought used in 2015
2013 Ford Escape bought new

Plan to keep both another 5 years. Neither is over 100k miles yet and both are problem free. When repairs start taking up time and mental energy, we will look into shopping for another vehicle.

Former cars were 13 and 11 years old when we traded them in.
Anonymous
HHI $1M. Keep them as long as they are still fun and useful. Often 10 years or more.
Anonymous
HHI 250K. Drove last car for 17 years. As long as they are still dependable and meeting our space needs, we keep them.
Anonymous
About the same HHI as you.

I’ll normally drive the car to about 225k miles.
That’s when they tend to really need repairs or
Their just done giving their useful life. But I drive a lot.

The back up car gets minimal use. It’s 12 years old and will
Probably go for another 20 years before it needs replacement.

Basically I’ll drive it till it throws a rod.
Anonymous
HHI 315k

One car almost 18 years, the other 10. Keeping them until the next repair isn’t worth spending the money.
Anonymous
HHI $270

Honda CRV - 2011. Will likely buy a new (used) car next year as our oldest will be starting to drive. So an upgrade for safety.
Anonymous
HHI 750k +

2008 CRV
60k miles

Love it and will drive it til it falls apart
Anonymous
We drive cars until they stop. We expect at least 200K miles.
Anonymous
'Til deat do us part.
Anonymous
750k.

2 “luxury” cars bought new in 2006 and 2010. Low mileage for their ages and have had no problems with them yet. Will replace when simple maintenance is no longer enough.
Anonymous
Per omnia saecula saeculorum.
Anonymous
HHI $220K

2012 Honda CRV has 135,000 miles
2007 Honda Element has 100,000 miles

Will drive both until they die (I'm hoping that's 5-7 years), then probably buy another used CRV or maybe an Acura MDX
Anonymous
I base it on mileage not age. My 2010 GLK 350 has 48K miles on it. At this rate, I should have it another ten years or more. Looking forward to getting something electrical at that point.
Anonymous
Anonymous wrote:HHI $220K

2012 Honda CRV has 135,000 miles
2007 Honda Element has 100,000 miles

Will drive both until they die (I'm hoping that's 5-7 years), then probably buy another used CRV or maybe an Acura MDX


Have you had any big repairs? I was planning to drive my last vehicle (a 2011) in the same manner, but I didn’t want to pay for an $800 transmission repair at around 125,000 miles.
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