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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-04-2007, 11:28 PM   #21
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Re: How Often Do People Trade In Their Cars For a Newer Model?

Here goes a long list
1992 toyota 4 runner sold in AK 1995 8 k miles
1995 Chevy S-10 sold 1996 15k miles (kid on the way, car seat didn't fit)
1995 Nissan Sentra sold in 1998 70k miles
1992 Volvo 960 wagon sold 1997 80k miles
1997 toyota 4 runner sold 1998 25k miles
1996 toyota camry totalled 2001 108k miles
1997 GMC Suburban sold 2004 with 175kmiles
2003 Diesel VW Jetta totalled 2005 with 75k miles
1995 Lexus LS 400 sold 2006 with 116k miles
2004 Kia Sdona still have it 64k miles
2000 Ford Expedition bifuel propane/gas still have it 118k miles

11 vehicles between 2 people over 15 years, ouch my head hurts from the math, I thought you said there wasn't going to be any math. I guess it works out to about one car every 3 years per person. we like to drive a lot.
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-04-2007, 11:30 PM   #22
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Re: How Often Do People Trade In Their Cars For a Newer Model?

About once every 15 years....
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 12:26 AM   #23
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Re: How Often Do People Trade In Their Cars For a Newer Model?

Well, let's see.....we bought our motorhome new, although it was a leftover previous year's model still on the lot when the new models came out, in early 1998, so we got a smoking deal on it. We expect to still be driving it when we hang up the keys because of extreme old age or illness. Since we knew it would depreciate, we bought a high quality motorhome with plans to just keep it forever. It has a Caterpillar truck diesel engine designed to be a hardworking part of an 18 wheeler crisscrossing the country all year. It will surely hold up under what we require of it in this lifetime. And since carpets, etc, can be updated if necessary just like in a house....it's a forever motorhome. We want the KIDS to have to deal with the fact that it depreciated, not us....

At the time we bought the motorhome, we got a little 1992 Mazda pickup to tow behind it. We had to give up our former "forever" truck as it was too big and heavy to tow, being a larger truck that we had used to pull our former home, a travel trailer. The Mazda had 46,000 miles on it when we bought it, and has about 181,000 now (50,000 being towed). It's still in great shape, even looks good with no rust since we spend much of our time in the southwest. I would imagine it has more than a few years left.

Since I rarely can tell one vehicle from another, I wouldn't even recognize if someone had a vehicle that he thought everybody was admiring. To me, if they get me where I want to go, reliably, they're a member of the family until death.

Sometime I am going to sit down and think about just how much money we have saved over our lifetimes by not being caught up in the car craze I see so many people spend money trying to satisfy.

Ours just become members of the family. LooseChickens
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 12:46 AM   #24
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Re: How Often Do People Trade In Their Cars For a Newer Model?

I'm surprised that everyone really talks about trading their cars based on years rather than miles. Years doesn't mean much to me when it comes to my cars. I put more mileage on my cars in a year than some people do in a decade.
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 12:57 AM   #25
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Re: How Often Do People Trade In Their Cars For a Newer Model?

Dodge Colt 82-88 70K Miles
Ford Bronco 88-97 120K Miles
Ford Windstar 97-05 95K Miles but was starting to die
Dodge Grand Caravan 05 - present 26K miles
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 03:27 AM   #26
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Re: How Often Do People Trade In Their Cars For a Newer Model?

i get a new vehicle every 3 years. auto industry statistics show most cars are traded in, in the united states every 3-4 years. thats why most model lines are re-vamped every 3-4 years.
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 04:58 AM   #27
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Re: How Often Do People Trade In Their Cars For a Newer Model?

I suspect that the average is about 3 years - not including people on the road to FIRE of course. My wifes sister and her husband each drive a car that is never more than 3 years old, so in essence they are getting one new car about every 18 months or so...needless to say, they won't be FIRE'd anytime soon, if ever.

My current truck is 8 years old, the wifes car 7. My truck should go another 5-8 years, the car maybe 2-3 before it is very unreliable.
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 05:58 AM   #28
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Re: How Often Do People Trade In Their Cars For a Newer Model?

Just took a good look. Been driving for 52 Years (started at 15 with first owned vehicle at 16; I got a 47 Chrysler Coupe for painting someones home as payment). Have owned 16 "Main Vehicles" and usually one at a time but had, at times, multiple vehicles (not included in the 16 "mains") when kids were growing up as teenagers. So for the 51 years of ownership the average is right at 3.2 years each. Current vehicle is now 2.5 years old -- have to start looking soon........
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 06:27 AM   #29
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Re: How Often Do People Trade In Their Cars For a Newer Model?

I was 41 before I bought my first "new" car. I keep them about 10 to 11 years. I'm pretty sure I'm the second to last owner on most of them. Since retiring, we drive less than half of what we used to do, so the 10 to 11 may translate into 20 to 22 years. Because we hold a car for so long, there is always a certain amount of sticker shock. On the other hand, you really notice and appreciate the improvements cars go through in a 10 year interval.
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 06:38 AM   #30
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Re: How Often Do People Trade In Their Cars For a Newer Model?

thats why you have to becareful with the ole lease vs buy thing. if you are typical and trade vehicles every 3 years than leasing usually is cheaper as you end up buying the car , hondling the best deal you can and then trade the car back into the dealer at the wholesale price as well as paying the tax on the car at retail and recovering the tax back on a wholesale value.
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 07:14 AM   #31
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Re: How Often Do People Trade In Their Cars For a Newer Model?

Graduated from college 31 years ago and have owned 6 cars. Traded way too often in my younger years. Just young and foolish.
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 07:30 AM   #32
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Re: How Often Do People Trade In Their Cars For a Newer Model?

depends on mileage for me. (hence reliability). Since moving 3 years ago miles to and from work has dropped dramatically and my Camry is now 7 years old. Will probably trade in when I retire in 3 years as we expect to do a lot more driving at that point. The previous Camry was about 7 years old I think and had 110,000 miles.
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 07:44 AM   #33
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Re: How Often Do People Trade In Their Cars For a Newer Model?

My first thought was never.

But to answer seriously, we are about 1 year short of 20 years / 100k miles. Driving not many miles a year, it seems a shame to give up a car after 10 years with 50,000 miles or so.

Since the car is running fine, I still might keep it beyond next year.

(I remember sometime in the mid 90's mentioning to DW that we could keep this car until 2000 and she thought I was nuts--here it is 7 years beyond that).

I would get a new car (probably have to give it away) if this one needs a major repair or a series of small repairs. I have put over $4000 into it, but that includes everything (brakes, batteries, tires, repairs), and never more than $500 at once.
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 07:49 AM   #34
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Re: How Often Do People Trade In Their Cars For a Newer Model?

Usually until the car starts getting unreliable .Right now I'm driving a eight year old camry which has been the best car I ever had .
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 08:12 AM   #35
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Re: How Often Do People Trade In Their Cars For a Newer Model?

most all my employment since college came with a company car so every two or three years max i've had a new car which came with much of the fuel expenses & all of the insurance & maintenance expenses paid.

so between being spoiled with that and my car fetish, i seem to get tired of the one i'm driving within three or four years now. i would imagine the size of my niece & nephews' inheritance will be somewhat restricted by next year's choices of new rides.
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 08:27 AM   #36
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Re: How Often Do People Trade In Their Cars For a Newer Model?

We keep cars an average of 10-12 years. Recently traded a 94 Buick LeSabre with 210,000 miles for an 07 Camry. I have a 93 Ford f-150 with 130,000 miles that may outlive me.

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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 08:49 AM   #37
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Re: How Often Do People Trade In Their Cars For a Newer Model?

Quote:
Originally Posted by sgeeeee
I'm surprised that everyone really talks about trading their cars based on years rather than miles. Years doesn't mean much to me when it comes to my cars. I put more mileage on my cars in a year than some people do in a decade.
My 1989 vehicle has ~70,000 miles.
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 08:57 AM   #38
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Re: How Often Do People Trade In Their Cars For a Newer Model?

years kill a car worse than miles some times. my volvo was holy hell as seals dried out, uv ate plastic trims and the steering wheel and just exposure to the weather .
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 09:20 AM   #39
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Re: How Often Do People Trade In Their Cars For a Newer Model?

My Mazda Protege (1st car I bought--drove parents' old car in HS/college) just passed its 8th birthday, at about 130K. a few rattles aside she pretty much drives like the day I took her off the lot. Barring something catastrophic it should make 200K easily. I'm debating getting new speakers and fixing a dent in the back panel, though at this point I'm not sure it would make much difference to the trade-in/sales value. DH's car is about 12--we got it used about 4 years ago. We're probably going to retire it and buy FIL's car from MIL sometime in the next few months, especially if we buy a house that lengthens his commute.
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Re: How Often Do People Trade In Their Cars For a Newer Model?
Old 05-05-2007, 09:28 AM   #40
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Re: How Often Do People Trade In Their Cars For a Newer Model?

I got my license in December 1986, and I think I've had about 16-17 cars since then! But I'm into antique cars, and usually have several around. Plus I've gotten cars handed down to me by friends and family members that no longer wanted them. Sometimes they'd still have plenty of life left in them; sometimes they'd be on their last legs.

The longest I've ever had a car was 17 years, but it's really more of a toy. It's a 1957 DeSoto Firedome that I bought back in 1990, when I was still in college. I'll probably take it to my grave with me.

I've only bought one brand-new car in my life, a 2000 Dodge Intrepid. It was mainly the low 0.9% financing that suckered me in, but it's been a pretty good car. Currently has about 130,000 miles on it, and still running strong. At this point, I figure I'll just run it until someting major goes wrong with it, like the engine or transmission. It's not worth trading at this point. I'd probably only get $2000 at best for it, and I'm just not ready to get back into a car payment yet.

So basically, I don't have a set timeframe for buying or selling cars. Usually it's when something gets wrecked or something major goes wrong. But sometimes I'll just find something I like better or is more useful. For instance, I got rid of my grandmother's old '85 Buick LeSabre when my Mom said I could have her old '85 Chevy pickup. I figured I had enough cars already, but the pickup would be better than the Buick for trips to the dump, Home Depot, etc!
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