Average age of all household cars for bogleheads........

Questions on how we spend our money and our time - consumer goods and services, home and vehicle, leisure and recreational activities

What is the approximate average age of ALL your household cars?

less than 1 year old
8
2%
less than 1 year old
8
2%
3 years old
24
6%
4 years old
32
9%
5 years old
27
7%
6 years old
35
9%
7 years old
43
12%
8 or more years old
196
53%
 
Total votes: 373

Thetightfist
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Average age of all household cars for bogleheads........

Post by Thetightfist » Fri Apr 22, 2011 1:07 pm

What is the approximate average age in years of your household cars?

555
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Post by 555 » Fri Apr 22, 2011 1:13 pm

We recently bought a new car. It is still the newest car we have ever owned (and it is our only car at the moment). So my answer was

8 or more years old

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ofcmetz
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Post by ofcmetz » Fri Apr 22, 2011 1:18 pm

Household has two vehicles. 2007 Toyota Sienna and a 2001 Honda Civic. We could afford more but prefer to buy them with cash and spend the extra money on vacations.
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Chuck
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Post by Chuck » Fri Apr 22, 2011 1:23 pm

Threadjack attempt: My newest car is my 2002 minivan. I'm looking to upgrade it and throw off my average. Any suggestions re Grand Caravan vs Sienna vs Odyssey vs Sedona vs something I have overlooked?

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Opponent Process
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Post by Opponent Process » Fri Apr 22, 2011 1:24 pm

10+ for us, and we only have about 100K on these. we also like getting a little side income from accidents.
30/30/20/20 | US/International/Bonds/TIPS | Average Age=37

Manbaerpig
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Post by Manbaerpig » Fri Apr 22, 2011 1:27 pm

08 335i
09 MDX
93 mustang LX 5.0 garage queen

2.5 for the daily drivers

or avg comes out to 8 if you include the drag car on jackstands

as with most polls, difficult to answer and I doubt I answered the question correctly per your intention :)

boglestan
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Post by boglestan » Fri Apr 22, 2011 1:28 pm

N/A. Most frugal of all. 8)

kappelmanm
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Post by kappelmanm » Fri Apr 22, 2011 1:34 pm

:oops:
Last edited by kappelmanm on Mon Jun 24, 2013 5:55 pm, edited 1 time in total.

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Scott S
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Post by Scott S » Fri Apr 22, 2011 1:36 pm

Mine average to 32, and my newest is older than 8 years. :razz:

- Scott
My Plan: (Age-10)% in bonds until I reach age 60, 50/50 thereafter. Equity split: 50/50 US/Int'l, Bond split: 50/50 TBM/TIPS.

Thetightfist
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Post by Thetightfist » Fri Apr 22, 2011 1:38 pm

Wow! Now I know where the Bogleheads really save their money! They apparently avoid one of the biggest money pits of all!

Good for all of you!!!

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FabLab
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Post by FabLab » Fri Apr 22, 2011 1:39 pm

Opponent Process wrote:10+ for us, and we only have about 100K on these. we also like getting a little side income from accidents.
What profligate spenders! :D
Average of 2 for us is 14 and we're not close to 100k combined miles yet.
The fundamental things apply as time goes by -- Herman Hupfeld

ossipago
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Post by ossipago » Fri Apr 22, 2011 1:58 pm

boglestan wrote:N/A. Most frugal of all. 8)
I agree. Where's the option for those of us without cars?

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rob
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Post by rob » Fri Apr 22, 2011 1:59 pm

Newest is 6 year old van (To answer the earlier question: I found the Odyssey the pick of the vans at the time).

Oldest is 12 year suv - you have heard of the dead man walking saying right... this one is dead car rolling... will not last past the summer as list of things to fix now too much to get past rego check but I can ignore the issue until then (or until it blows up which is now a real risk - enough that I just took out AAA membership :-) )
| Rob | Its a dangerous business going out your front door. - J.R.R.Tolkien

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CABob
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Post by CABob » Fri Apr 22, 2011 2:41 pm

Scott S wrote:Mine average to 32, and my newest is older than 8 years. :razz:

- Scott
Now that is interesting. Either you have several "classic" cars or your back and perhaps front yard looks like a junk yard. Would you care to describe?
Bob

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Scott S
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Post by Scott S » Fri Apr 22, 2011 2:59 pm

CABob wrote:
Scott S wrote:Mine average to 32, and my newest is older than 8 years. :razz:

- Scott
Now that is interesting. Either you have several "classic" cars or your back and perhaps front yard looks like a junk yard. Would you care to describe?
Hehe, here's the list:

1967 VW Beetle
1974 VW Thing
1996 Subaru Outback

:cool:
- Scott
My Plan: (Age-10)% in bonds until I reach age 60, 50/50 thereafter. Equity split: 50/50 US/Int'l, Bond split: 50/50 TBM/TIPS.

zotty
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Post by zotty » Fri Apr 22, 2011 3:04 pm

2002 Chevy Pickup - 53K miles
2003 Chevy Suburban - 105k

I love being debt free.

chaz
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Post by chaz » Fri Apr 22, 2011 3:04 pm

6 years old.
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Beantown85
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Post by Beantown85 » Fri Apr 22, 2011 3:06 pm

9 and 11. Will probably be getting a new(er) car relatively soon though.

gkaplan
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Post by gkaplan » Fri Apr 22, 2011 3:14 pm

Shouldn't net worth be part of this poll?
Gordon

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Cernel
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Post by Cernel » Fri Apr 22, 2011 3:57 pm

2000 Pontiac Montana with 127K
2004 Mazda 6 with 50K

They are both babies with a lot of growth remaining.

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joey potsnpans
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Post by joey potsnpans » Fri Apr 22, 2011 4:11 pm

1997 Rav4 - 50k miles
1998 Rav4 - 200k miles
2000 ES300 - 100k miles
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synergy
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Post by synergy » Fri Apr 22, 2011 4:21 pm

2003 Corrolla
2005 Prius

Averages out to 7. Great poll!

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CrankyManager
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Post by CrankyManager » Fri Apr 22, 2011 4:30 pm

2005 F-150.
1976 Jeep CJ5.

Avg: 20.5 :)
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Jake46
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Post by Jake46 » Fri Apr 22, 2011 4:55 pm

2007 Odyssey - 31k miles
2007 Pilot - 7k miles

Atilla
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Post by Atilla » Fri Apr 22, 2011 5:40 pm

This poll seems to assume people don't have older collectible/hot rod type cars in the household.

I voted 4 years old because we both drive 2007 vehicles. Last year it would have tilted much older before I sold a 30-year-old bitchin Camaro with a 4 speed manual and 500 HP 383 stroker motor in it. :P

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tuckeverlasting
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Post by tuckeverlasting » Fri Apr 22, 2011 5:54 pm

2000 Hyundai Elantra. Was a year old when I bought it and was by far the newest car I had ever had. Due for replacement now.

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scubadiver
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Post by scubadiver » Fri Apr 22, 2011 6:17 pm

We have a 2009 Hyundai Sante Fe and a 2007 Nissan Versa, so average age is 3 years. Both cars are paid for and we don't plan on buying another new one for a long time. With any luck, my (almost) 3 year old daughter's first car will be the Santa Fe.

555
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Post by 555 » Fri Apr 22, 2011 6:35 pm

These poll results are actually consistent with Bogleheads keeping their cars for about 15 years. It's just that some are getting caught red-handed with a new car, having just replaced their previous 15 year old car.

BBSpartan
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Post by BBSpartan » Fri Apr 22, 2011 6:48 pm

We have a 1994 Chevrolet Caprice and a 2005 Honda Civic. Average 12.5 years. The Caprice still pulls the boat just fine. And, the Civic helps us tolerate today's gas prices.

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Steelersfan
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Post by Steelersfan » Fri Apr 22, 2011 7:28 pm

1997 Camry with 70,000 miles on it, so that makes it 14 years old and an official teenager.

I think it's good for another 10 years.

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Regal 56
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Post by Regal 56 » Fri Apr 22, 2011 8:11 pm

My last vehicle lasted 21 years—it was literally held together with duct tape. Current vehicle is a 2003 Honda. It's got a long way to go to beat my last one.

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Tyrobi
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Post by Tyrobi » Fri Apr 22, 2011 8:38 pm

2007 Toyota FJ Cruiser - 51k miles
2009 Toyota Camry - 24k miles
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pitt76
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Post by pitt76 » Fri Apr 22, 2011 9:10 pm

2000 Pontiac Gran Prix
2010 Cadillac SRX

Age 57. Have only owned 5 cars in my lifetime, all purchased new and the last 4 paid for in cash. I was a Boglehead long before I found this site.

bh
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Post by bh » Fri Apr 22, 2011 9:10 pm

1995 honda and 2003 toyota

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Crustus
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Post by Crustus » Fri Apr 22, 2011 9:37 pm

01 Accord
04 Prius

8.5 years
And . . .

Winthorpe
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Post by Winthorpe » Fri Apr 22, 2011 9:44 pm

11 and 14 years old.

Alex Frakt
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Post by Alex Frakt » Sat Apr 23, 2011 6:33 am

2003 Acura TL - purchased new in late 2002.

My wife and I walk to work, so it has under 45k miles - half of which were from the first two years when we had a 10-mile commute.

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XtremeSki2001
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Post by XtremeSki2001 » Sat Apr 23, 2011 6:48 am

I have a 2002 Ford Escape w/ over 150k on it. Aside from regular maintenance I've had no issues with the vehicle.
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gatorman
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Post by gatorman » Sat Apr 23, 2011 7:02 am

2007 Toyota Camry and a 2007 Honda Pilot. The Camry was purchased new in 2006 and the Pilot was purchased used a few months ago. The Pilot replaced a 1998 Expedition which finally bit the dust at 233,000 miles. I was trying for 300,000. Didn't make it.

neatep
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Post by neatep » Sat Apr 23, 2011 7:26 am

Almost 30, never owned a car, did own a single motorbike for a while - sold it 18 months ago, and it was in awesome condition, for a 94' model.

ohiost90
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Post by ohiost90 » Sat Apr 23, 2011 7:31 am

I spend too much on cars, but what the hell...

2009 Chevy Traverse. purchased new.
2008 Saturn Astra. Just purchased use.
2003 GMC 2500 crew cab. Purchased new.

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kingsnake
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Post by kingsnake » Sat Apr 23, 2011 7:54 am

Just replaced 1996 Subaru with 187K miles on it...miss it alredy :(

Wife deemed it wasnt safe for our new child.

Replaced it with a new 2010 4WD 4door Toyota Tacoma

She has a 05 Honda Element

We too will be replacing the Element for a mini van if our family grows (only 1 child so far)

So our avg right now is about 2.5

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ruralavalon
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Post by ruralavalon » Sat Apr 23, 2011 8:19 am

2006 Chrysler Sebring covertible.
2005 Nissan Altima.
These cars will probably last us another 5+ years, we keep vehicles until our long-time mechanic tells us its no longer sensible to repair.

We have never bought a new car.
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speedbump101
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Post by speedbump101 » Sat Apr 23, 2011 8:19 am

1988 BMW 325is (mint and summer driven only)
2005 Toyota Sienna

Average age, a very Bogleheadish 14.5 yrs. Do I win the prize? :-)

SB...
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Sam I Am
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Post by Sam I Am » Sat Apr 23, 2011 9:28 am

Message deleted.
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jamesbond
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Post by jamesbond » Sat Apr 23, 2011 9:42 am

while I find the age of these vehicles quite old and cheap in line with my fellow bogleheads, I would be more impressed if the mileage was higher. It is hard to keep a car longer than 6-7 years when you put 20k-30k/year on the odometer.

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teacher
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Post by teacher » Sat Apr 23, 2011 9:50 am

When I saw this poll I wondered if Bogleheads were much different than the average bear so I looked up what was typical for car owners at large.

"Length of ownership by the same owner (which is different than average vehicle age, regardless of owner), has also been on the rise. New vehicles are now held for an average of 5.3 years (64 months) by their owners, while used vehicles are held for an average of 3.8 years (46 months). According to Polk, that’s up about 4% over length of ownership occurring prior to the economic slowdown which occurred in late 2008." (January 28, 2011)
http://blog.autobreeze.com/autobreeze/a ... ge-of-cars

Triple digit golfer
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Post by Triple digit golfer » Sat Apr 23, 2011 10:23 am

These results are incredible.

86% of Bogleheads' cars are over 3 years old.
About half are over 8 years old.

Have non-Bogleheads do this poll and I think you see a hell of a lot more than 14% that are 3 years old or less.

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jamesbond
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Post by jamesbond » Sat Apr 23, 2011 10:27 am

Triple digit golfer wrote:These results are incredible.

86% of Bogleheads' cars are over 3 years old.
About half are over 8 years old.

Have non-Bogleheads do this poll and I think you see a hell of a lot more than 14% that are 3 years old or less.
Yes, but I think non bogleheads actually DRIVE their cars :lol:

Triple digit golfer
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Post by Triple digit golfer » Sat Apr 23, 2011 10:41 am

jamesbond wrote:
Triple digit golfer wrote:These results are incredible.

86% of Bogleheads' cars are over 3 years old.
About half are over 8 years old.

Have non-Bogleheads do this poll and I think you see a hell of a lot more than 14% that are 3 years old or less.
Yes, but I think non bogleheads actually DRIVE their cars :lol:
Haha, very true.

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