What's your average ownership cycle?

Kanab

New member
You buy a new vehicle - How long miles/years do you keep it before you trade/sell for a new ride? When you consider sales taxes and intial depreciation, what is the minimum ownership time without really losing your butt? Just curious what you guys think???
 
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I generally buy something new every 3 years.... but I'm hoping to get out of that expensive habit!

I always buy-- never lease, mostly because after 3 years, I only put about 20,000 miles on my vehicle.
 
When I bought my 91', I bought it used with 40k miles on it. I owned it for 4 years before I was rearended and it was totalled. It was 8 years old and had 130k on it when it was totalled. The guys insurance company gave me a check for $11k. It still had the original clutch and custome wheels and 31 10.50's. I loved that runner and would still have it today if it weren't for the wreck. The in 99' I bought a brand new Limited and still have it today and plan to drive it until it dies! I already have 112700 miles on it and she is still going strong!
 
I've owned too many new cars to count. And wasted untold thousands of dollars in depreciation and transaction fees. I was single and fancy free.

I kept telling myself I really want a Runner to own until the wheels fall off. So, this Runner I will keep until it dies. It has the power, 4WD ability, size and looks that I need. Of course I said this about my '02 Sport before I traded her for an '03 V8. Unless Toyota can make the Runner invisible or use Wesson as fuel, nothing they can do to the current Runner is much of an improvement over what we have now to make we want to switch.

Some things I have learned. NEVER lease a vehicle for personal use, unless it is a business writeoff. American vehicles depreciate faster than snow in Arizona. And irregardless of how good it sounds in the sales pitch, know how much the vehicle costs and don't fall into the 'how much do you want to pay monthly' trap.
 
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Lifetime...

of the vehicle. Last 2 went over 11 years and ~300,000 km each. I expect to go much longer and further now that I have a T4R.
 
3 years, more precise would be 39 month lease 39k, it's a business expense and I get tired of the car by 3 years so it always works out for me.

The 4Runner is the 1st vehicle I decided to finance, still might kick it to the curb, not that I don't like it but you drive it and the mileage adds up and their is always something newer or better that can replace it.

Next up is an 05 V8 LTD 4Runner, in short my brother has my 03 4Runner hence why Im loking at getting an 05.

I just like new cars;):

edit: the 4Runner is the 1st vehicle that has kept me impressed, usually Im like ahh, so what else thats it but the 4Runner I still like:)
 
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Till the wheels fall off.

96 Tahoe has 272,000 miles, and too many repairs to be a beater for the wife during bad weather.

Prior to that I had a 90 Mustang 5.0 fast back. Went 126,000 and traded in for the Tahoe. Eninge was leaking fluid into oil and would have crapped out so get rid of it before it does. Too many services for all kinds of bugs. But it was fun and does a good vroom vroom.

Prior to the Mustang, '80 Volvo 245 DL wagon. Bought it used at 160,000 after I wrecked the VW. Put another 30k on it but it too had too many things to replace. I was literally buying a new car part by part and would conk out with another worn out part leaving me stranded time and again. Traded it in for the Mustang.

84 VW Scirocco. Was stationed in Hell Hole, New Mexico, in the army and put over 45,000 a year on it. That was just going to town for mcDonalds, going to town for a movie, or just getting to town to keep sane. Close to 98k miles when someone cut me off and caused me to roll it twice on the freeway in 1987.

83 VW Golf. Put 38,000 miles on it and had to get a faster VW--the Scirocco.

With the price of cars, it only makes sense to keep it for at least 7-8 years to get your money's worth. That new car smell is great but buying a new car eveyr 3-4 years means you are perpetually making car payments and not getting the car's value over the long run. I would have stayed with the Tahoe but for the constant repairs when it has so many miles on it.

Hope the 4Runner gives 250,000+ miles.
 
The longest I have kept a vehicle has been roughly 2 years......but most I have sold within a year tops.
 
Well, the 4Runner is my first actual car, but I'm planning on keeping it a minimum of 7-8 years or until some major problem develops out of warranty.
 
On average about about 7 years for daily drivers.

Extremes:
1 year 1985 IROC Z that had electrical gremlins from day 1 and the dealer was unable or unwilling to repair.

10 years 1994 Landcruiser.

Typically when the regular repairs start to exceed the cost of payments on a new replacement I start looking for a replacement. I love that period between paying the car off and major repairs start.

I like new cars, I hate dealing with car sales people. I can't wait until someone builds a vending machine for automobiles :D .
 
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In general I keep vehicles about 10 to 12 years. My wife and I alternate buying new cars so when she buys a new one (5 year financing) we keep it until it
 
three years--but this is my first toyota, so I'm hoping to break the cycle with the 4runner! I usually have around 75000 miles on a vehicle by the end of 3 years, but my previous domestics were worn out and needing too many repairs by the end of that time. I hope the 4runner will be better. So far, it's been great!
 
Generally 10 years or 100,000 miles. With 2 vehicles, that means a new one every 5 years. Next time to buy is late 2007/early 2008 to replace the Camry....but it's going so strong that we may choose to keep it longer.

It's too expensive to change vehicles every few years.
 

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