I kept my car for 20 years. Had get another used car just last month. The only reason I had to buy a different car was due to rust eating away at the rails of my car. Lucky for me I was able to pay cash so no car payments. I didn't get much back on my car, that is life when you hang on to a car as long as I did.
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I have had several cars over the last 35 years, the longest I kept one was my last, which was about 11 years. They do a yearly inspection here for cars older than 3 and mine wasn't going to pass and the fix was going to be 40% of the cost of the car, but would likely lead to more issues.