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Toyota hybrid owners keep their cars for a really long time, study shows – Roadshow

The love is robust with Toyota hybrids, clearly.


Toyota

Chances are high higher than common that in the event you spot an older Toyota hybrid car, the unique proprietor stays behind the wheel. At a time when swapping to and from leases and buying and selling vehicles in early is frequent, the truth that Toyota house owners maintain onto their hybrids for an extended time frame is important.

The place do we discover this data? Because of a brand new examine from iSeeCars, which checked out 900,000 used vehicles from the 2012 and 2013 mannequin years offered this yr, we all know Toyota hybrid house owners are more likely to maintain their vehicles. Of the 900,000 used vehicles offered this yr, the examine dug into particular hybrid and electrical autos, and when it got here to the Toyota Highlander Hybrid, the unique proprietor offered a whopping 38% of them.

The love for Toyota hybrids flows by means of the following 5 vehicles on the record, too. The Avalon Hybrid locations second with 36.5% of them offered by unique house owners, then the Camry Hybrid at 34.6%. The Lexus ES 300h (Toyota’s luxurious division) comes subsequent at 31.1% after which it is again to Toyota correct with the Prius at 30.5%. The streak ends with Lexus RX 450h with the primary house owners promoting 29.8%.

To place these percentages into perspective, think about the Nissan Leaf. When perusing by means of all the info for the Leafs offered this yr, solely 7.3% of them got here from the unique proprietor. And general, the common proportion of vehicles offered in 2020 by the unique proprietor is simply 16.8%. Clearly, Toyota hybrid house owners commit for the lengthy haul. That is not a foul factor since a hybrid continues to offer a better return on funding (in the case of gasoline bills) as time marches on. They’re usually pricier to begin, however financial savings on the pump compound over time.

Except for Toyota’s close to lock on the electrified vehicles record, the Tesla Model S additionally caught out. Homeowners are 1.four instances extra prone to be unique house owners when promoting their luxurious EV in 2020 with 23.6% of them coming from the primary proprietor. It is no secret a variety of Tesla house owners are large followers of their vehicles and the corporate they arrive from.


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Author

Sean Szymkowski