Honda's seem to have good longevity. Just don't get into a crash with one!
Re the 2011 Fit above, we had to replace the radiator a while back - maybe ten years ago? Then a few years later, we had electrical problems and it turned out some mouse or something chewed through some wires somewhere. Solved that, but it wasn't easy. We had to repair the A/C at one point, and it needs another repair now - when it warms up a bit.
Then a couple years ago, a front axle broke out of the blue. No warning. Interestingly, the very next day, we got a letter in the mail from Honda advising us to make an appointment at our nearest Honda dealership and get a free replacement the front axles because there is some kind of design error in them that causes them to break early with no warning! Are you kidding me??? I swear we got the letter the very next day after it broke! I am not making this up. We had already had the car towed to our house by AAA the day before. And paid for it. Honda reimbursed us. And Honda towed it from our house to the dealership.
And the last repair was the clutch just 3-4 weeks ago. Original clutch. Clutch and flywheel replaced. Other than those things, there is just a minor engine oil leak. It drips just a bit. I haven't done anything about that yet - I just keep a close eye on it. No need to add oil between changes. Synthetic oil.
We've swapped out the serpentine belt once or twice. Brake jobs periodically. Ignition wires, spark plugs, air filter. But it still drives real nice. It's tight. The suspension is good. It still feels like new.
That's it!
So therein lies the problem. You got an old car which runs great. Who's going to buy it? How much is it worth? To the public, it's worth almost nothing. A junk yard would give me something for parts. Trade in might give me $300. But to me, it's worth thousands, because it's still reliable. We just drove it up to Hartford last weekend! Easy peasy.
P.S. And yes, it's really really really nice not having car payments.