Is anyone planning to hold on to their car for a long time like I am?
After owning this car for just over 50 months I've racked up 57k miles. I've meticulously performed all the maintenance ahead of schedule (7.5k mile oil changes, 25k for air filter, etc) and it seems like all that effort would go to waste if I don't reap the benefits of owning the car past 180k trouble free miles. I have another fun weekend car that's kind of unreliable and costly to run, so I need this as a dependable daily. I also want to hold off on buying my next car until EV (or alternative fuel) becomes more practical to own, like with battery/charging stations as common as gas station. Even then I'll probably keep the RX as a beater or give it to my kids as they will be going off to college in 10 years.

If you're ready for a new car, what do you have in mind?

 

I only have 29k miles on my 2017 RX450h, but I plan to keep it past 120k.
I own a 2006 IS350 with 180k miles that i'm still holding on to, it's been reliable and trouble free for the most part (fuel pump and alternator).
I expect the same reliability when I bought this car. Only thing is, I'm now in my mid 30s so I might be able to upgrade sooner now days.
Like you, I would like to upgrade when EV becomes more practical to own.

 

I hope to keep mine 10 years, putting it into or well above the 120K-180K mileage range. That's one of the reasons I chose the Lexus over the Volvo XC60 T6, with its turbocharged and supercharged engine. We'll see how the plan works. Like you, I expect my next vehicle to be an EV. I tested a Tesla before purchasing. Loved the tech, but Teslas are ugly in a Soviet way. Maybe Lucid will up the design game on EVs.

 

I plan on keeping it till dies which should be well into the 200K miles +. at 75 and wife at 70 the car will most likely outlive us .All our maintenance is done by the Lexus dealer and we have an extended warranty also. Think we are all set

 

Our RX is my wife's daily driver. When the new gen is out, she will likely be ready for a change and I may take her RX to replace my ES as my daily driver. In that case, i will run it until the wheels fall off. Right now, she has 52K miles on her 2017 which we bought new. Ghost - have you done a trans fluid change as well? Just curious about that. I have a coworker who has 285K miles on an Elantra and he's NEVER changed the trans fluid.

 

I always keep my cars for the long haul....its the only way that they make any financial sense. Any value in a car comes with increased time.

My last car, 2007 Acura TL was at 305,000 miles and wife's 4Runner is at 205,000 right now. All of our previous cars were at least 175,000 miles.
Obviously the key is buying good cars to start, but keep up on maintenance. I love working on my own cars for all of the basic stuff and have probably saved enough to pay for my 2020 RX which I bought last year. Oil and transmission fluid....change early and often.

 

I only put 150k on my 2008 TL and was still running strong when I traded it. I did replace the crappy leather on the front & back seats due to premature wear @75k miles.
Somebody's kid got a well maintained college ride.

 

I keep my cars for the long haul. I bought the 4th gen RX to run until it cannot. My wife's ES has 133,000 miles and drives better than my RX. I sold my 2001 RX with 230,000 miles. It was in very good shape. My daily driver is a 2007 Corolla, which I had bought new for my oldest son's graduation. He left it behind when he moved to San Francisco. It has 150, 000 miles. Several years ago, I drove a Previa putting 260,000 miles on it. I am a life-long Toyota fan, having driven other models as well. After the Lexus warranty ends, I let my friendly Toyota dealer take care of all the maintenance--albeit at a far cheaper price. By the way, I have a friend who owns a 1999 RX 300. He has close to 500,000 miles on it. Recently, he replaced the engine and transmission.

 

I sold my last Rx400h at 12 years and 160,000 miles when it started to nickel and dime me enough to buy a new one. I think the age was more of a factor than the mileage. I had done meticulous maintenance on the car. I then started though to have rust problems, leaking radiator, etc.. I do my own routine maintenance but any other repairs always seem to cost $1000+ (even at the Toyota dealer) and at some point it seems foolish to put more money into the car if you can afford a new one.

The other issue now days is that it is nice to have more modern technology. My 2008 Rx had a cassette player in it. I always pointed to it and asked young people if they knew what that was for and none of them knew .

 

I only do about 10K miles a year. At that rate, I'll be in my mid-80s by the time my 2021 450h has racked up 150K miles.

 

Ours will outlive us for sure with the small amount of miles we drive a year!

 

Will most likely keep my 2017 RX350 until about 250k- 300k miles. My old 2010 RX is approaching 300k miles and I think I’m going to get rid of it soon . No issues with it just oil changes, tires, filters, and wiper blades.

 

Just reached 92K-kms (57K-mi) on my 2017 RX350 and still have 108K-kms (67K-mi) / 4-years left on my extended warranty.

Planning to keep vehicle until warranty ends ... or even beyond if it still trouble-free .

 

As others have mentioned, my next and probably my last car will be a Tesla SUV. Full Self Driving (FSD) cannot be understated. My current 2018 RX350 F-Sport has about 10k miles. I drive about 10k/yr so unless I start driving more, I will probably upgrade to a Tesla by about the time I've hit 100-120k miles. Right now, the sticking points with Tesla are interior/exterior refinements, beta FSD and lack of charging stations. Once those things are addressed, I would think in 5 years, then it's time to change. 2 things I did with my RX was add aftermarket Apple CarPlay and dashcam. Both a bit of pain to install. With a Tesla, I will be getting much better versions.

 

Car technology is advancing way too rapidly to know when our cars will be obsolete. In Canada, the government has promised carbon tax increases that will take gas prices to 5 USD a gallon in 2030 at current oil prices. Assuming they don't get voted out before that happens, that could tank relevance of the RX and depress resale prices. Conversely though, very low resale would make choosing to endure the extra $1,000 a year or so in gas more likely.

I'm assuming that I'll keep my 2020 RX350 until 2030 and that the residual value by then will be negligible. With my driving habits, that will be just over 120k miles. Cars are advancing so rapidly that even current EVs might be a bit obsolete from stuff like battery advancements and whether they're actually equipped with enough sensors/cameras for full self driving. I'd say that the current vehicles that will still be relevant in 10 years time will be vehicles that tow and/or offroad such as the F-150. Even though EV pickups are coming out, charging a 200 kWh battery pack every 1.5 hours will still be an issue.