Drivers in metro Denver are 1.2 instances more likely than drivers nationally to keep cars they purchased new on the street for 15 years or more, in accordance to a brand new research from iSeeCars.com.
About 9.4 p.c of the cars and vehicles in metro Denver aged 15 years or older are nonetheless within the palms of their unique homeowners versus 7.4 p.c nationally, in accordance to the research, which examined 750,000 autos made between 1981 and 2003.
“Vehicles that are kept for so many years show that they can stand the test of time and likely don’t have to frequently undergo expensive repairs,” stated iSeeCars CEO Phong Ly in a launch.
And as excessive as Denver’s retention could seem, it solely ranked 30th amongst metro areas. In the Bay Area, 17.2 p.c of the 15-plus autos bought new have been within the palms of their unique homeowners. Honolulu, Houston and Baltimore additionally ranked excessive for longevity.
Being dependable, getting older nicely and never saddling homeowners with excessive restore payments are key contributors to proprietor loyalty. Japanese makes do nicely in that regard. The Honda Pilot at 23.1 p.c and the Honda Odyssey at 21.8 p.c have been prime amongst metro Denver homeowners for longevity. The Toyota Highlander, Toyota Sienna, Subaru Impreza, Toyota Sequoia and Subaru Forester have been different fashions that Denver drivers didn’t ever promote.