Bank Deal: Earn 1.00% APY on an FDIC-insured savings account at Barclays Bank.
This post comes from Anna Williams at our partner site LearnVest.com.
There are dozens of factors to consider when it comes to buying a new car—everything from safety features to the length of the loan.
But if durability is high on your lists of musts, a new study might help steer you in the right direction.
Automobile website ISeeCars.com sifted through 30 million used car listings over nearly 30 years to pinpoint which models were most likely to have at least 200,000 miles clocked in—and still be on the road.
The verdict? Your best bet might be an SUV or larger pickup, USA Today reports. At the top of the list was the Ford F-250 Super Duty (4.3% of these models for sale have topped at least 200,000 miles) while SUVs like the Chevy Suburban and Toyota 4Runner also make the top five.
According to ISeeCars.com, here are the five longest-living vehicles:
- Ford F-250 Super Duty
- Chevrolet Silverado 2500HD
- Chevrolet Suburban
- Toyota 4Runner
- Ford Expedition
But if gas-guzzling heavy-duty vehicles don’t fit your style—or budget—you might want to consider the Honda Accord. According to the study, it ranks highest among long-lasting cars, with 1.6% of all listings hitting that 200,000 milestone.
ISeeCars.com C.E.O. and co-founder Phong Ly noted to CBS Money Watch that the durability of these models might be credited to an increased likeliness to receive consistent maintenance throughout their lifespan. But, he added, there has also been a general increase in manufacturing quality over the last ten years. “Car makers are making better vehicles, and that is a factor in the increasing longevity,” he said.
You can check out the complete list of durable cars on ISeeCars.com. But before you make the plunge and purchase a shiny new auto, make sure you understand the true costs of car ownership—and take a minute to find out why one financial planner insists she would never buy a new car.
More stories from LearnVest:
- How to Become a Millionaire
- How to Get Out of Debt
- The Best Dollars I've Ever Spent
- How Our Estate Plan is Structured
- How We Paid Our Mortgage In Less than 10 Years
- Money Making Ideas
- How to Manage Your Asset Allocation with Multiple Accounts
- Consumption Smoothing - Save While the Saving's Good
- How to Save on Groceries
- How Much Life Insurance Do You Need?
- Eleven Great Books About Money
- Dave Ramsey is Bad at Math (692)
- Dish Network Customer Service SUCKS (534)
- $8,000 Homebuyer Tax Credit (429)
- Pay Off Mortgage Early or Invest? (424)
- How to Claim the First-Time Homebuyer Tax Credit (352)
- Termite Control: Sentricon vs. Termidor (325)
- How Much Should You Pay a Babysitter? (284)
- Ethanol Blended Gas = Lower Mileage? (272)
- Reduced Credit Limits? Share Your Experience (256)
- $15,000 Homebuyer Tax Credit (242)
- Buying Furniture off the Back of a Truck (228)
- Will Mac OS X Lion Kill Quicken 2007? (191)