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AutoOnInfo.net  November 2007

The 2007 Reliability-Durability Updates: Toyota Age-Equivalent Estimates: Estimates of When a Typical 1999 Model of Toyota Motor Corporation Will Be as Troublesome as Typical 1999 Models of General Motors Corporation and Its Several Marques Were Circa 3 Years, 4 Years, ..., and 7 Years of Age

By James B. Bleeker

We begin with the following table of Reliability Score averages for model year 1999.

Next, we plot the Reliability Score averages of Toyota Motor Corporation for each of the above age ranges (2-to-4 years, 3-to-5 years, ..., 4-to-6 years) and make an extrapolation of these plots, a linear regression of degree one. We will first determine an estimate of when a typical 1999 model of Toyota Motor Corporation will be as troublesome as a typical 1999 model of General Motors Corporation at about age 3 years. To do this, we plot GM's Reliability Score average for the first age range (2-to-4 years) and draw a horizontal line. For the x-axis, we use the midpoint of each age range. We have:

The equation on the chart is the regression equation for Toyota's extrapolation. From the chart's extrapolation, we see the estimate of when a typical 1999 Toyota model may be as troublesome as a typical 1999 GM model circa age 3 years to be about 19 years. By computation, substituting GM's rounded Reliability Score average of .27 (for age range 2-to-4 years) for y in Toyota's regression equation, we obtain an estimate of 19.0 years. Another way of viewing the result is: If a typical 1999 GM vehicle became unacceptable to own by reason of trouble or risk of trouble at about 3 years old (calendar year 2002 or earlier), then a typical 1999 Toyota vehicle may become unacceptable to own at about age 19.0 years, or circa calendar year 2018.

The next four charts depict similarly derived estimates of age equivalents (with respect to vehicular deterioration) for a typical 1999 model of Toyota corresponding to approximate ages 4 years, 5 years, 6 years, and 7 years of a typical 1999 GM model.

From the charts, we see that the estimates of when a typical 1999 Toyota model may be as troublesome as a typical 1999 GM model at about ages 4 years, 5 years, 6 years, and 7 years are about 22 years, 25 years, 29 years, and 33 years, respectively. By computation, substituting GM's rounded Reliability Score averages for y in Toyota's regression equation, we obtain the following estimates of when a typical 1999 Toyota model will be as troublesome as a typical 1999 GM model at ages 4 years, 5 years, 6 years, and 7 years: 22.4 years, 25.5 years, 29.4 years, and 33.1 years, respectively.

Note that each succeeding chart requires an extrapolation farther into the future and consequently each succeeding age-equivalent estimate is less certain.

For reference, the next chart helps depict respective rates of vehicular deterioration for Toyota Motor Company and General Motors Corporation for model year 1999.

By substituting the Reliability Score averages for each of GM's marques into Toyota's regression equation, we obtain the following table of Toyota age-equivalent estimates, rounded to the nearest whole year.

The next table provides Toyota age-equivalent estimates in calendar years.

For reference, we provide a more comprehensive table of Toyota age-equivalent estimates, which includes all manufacturers with sizable sales in 1999, and their marques.

For comparison, last year's age-equivalent table for model year 1998 is provided below.

Note that the dilapidation of General Motors' vehicles has changed little from that of the preceding year, relative to the bar set by Toyota.

Source: AutoOnInfo.net data banks

 

Related Articles
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September 2007: Toyota and Honda Account for All of Consumer Reports' 2007 Long-Run Good Bets
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November 2006: The 2006 Updates: Toyota Age-Equivalent Estimates: Estimates of When a Typical 1998 Model of Toyota Motor Corporation Will Be as Troublesome as Typical 1998 Models of General Motors Corporation and Its Several Marques Were Circa 3 Years, 4 Years, ..., and 7 Years of Age
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Correction dated December 2, 2007

GM's rounded 1999 Reliability Score average at age range 2-to-4 years is .27 (as noted correctly in the table), not .30 (as previously incorrectly stated in the body of the article).

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