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15 Cars Owners Hold Onto For 10 Years Or More

Just as the U.S. population is aging with the Baby Boomer generation passing into retirement, the nation’s fleet of cars and trucks is likewise approaching senior citizen status. The average age of all light-duty vehicles in the U.S. has reached a new all-time high of 11.5 years according to IHSAutomotive. A separate study conducted by AutoMD.com found that two in three consumers are now driving vehicles with over 100K miles on the odometer.

Not only do those numbers account for a majority of models being piloted by their second or third owners, an average 13.5 percent of cars a decade or older are held onto by their initial purchasers, according to a study conducted by the car shopping website iSeeCars.com, with some models boasting over 26 percent long-term ownership.

Statistics are based on an analysis conducted by iSeeCars.com of nearly 400,000 cars from the 2005 model year that were sold between January 1, 2015 and July 30, 2015. For each model, the number of cars sold by the original owner (based on Carfax data) was tallied and expressed as a percentage of the total number of cars sold. Original owner cars are cars that were bought as new by the owner. Models with fewer than 50 original-owner cars were excluded from further analysis.

Also on Forbes:

The Most-Wanted New-Car Features

12 Safest Used Cars For Teen Drivers Under $18,000

The Best Luxury Car Buys Of The Year