Quick Answer: Is Mileage More Important Than Age?

Is it OK to buy a car with 200k miles?

Remember, the average car in the United States is around 12 years old, which should put the average mileage around 144,000.

In some cases, you can be fine buying a used car with 150,000 or even 200,000 miles on it, because maintenance helps them last far beyond what many people have come to expect..

Does mileage matter on used cars?

Mileage Matters If you’re buying a used car, mileage should be a huge factor in your decision. After all, a car’s odometer is a measure of how much life it’s lived — so a car with only 70,000 miles is worth a lot more than one that’s covered 170,000 miles.

Why you should never pay cash for a car?

Buying your car with cash means you own it straight away, so if you got into financial difficulties you could sell it. You can’t do this if you have a car finance agreement such as leasing or hire purchase.

Which cars last the longest?

The longest-lasting cars and percentage of vehicles exceeding 200,000 miles are:Toyota Avalon, 2.5 percent.Honda Accord, 1.9 percent.Toyota Prius, 1.7 percent.Chevrolet Impala, 1.7 percent.Ford Taurus, 1.6 percent.Toyota Camry, 1.4 percent.Toyota Camry Hybrid, 1.2 percent.Honda Civic, 1.2 percent.

Can a car last 500000 miles?

Today a million miles, or even 500,000 miles, is still extremely unusual for a vehicle. … Consumer Reports, through its annual questionnaire, has found that thousands of people have gone over 200,000 miles in their original vehicles without catastrophic failures or major repairs.

Can cars last 300 000 miles?

The Suburban is, probably, the only General Motors SUV that will make the list of cars capable of lasting longer than 300,000 miles. Many Suburban owners reported having clocked more than 200,000 miles, but owners who take good care of their cars will see the 300,000 mark.

What is the sweet spot for used cars?

What Is the Used-Car Sweet Spot? It’s the period after the vehicle’s first — and most significant — depreciation and the second steep depreciation, which comes around the fourth year. This pattern is fairly consistent across all vehicles.

Can a car engine last forever?

Most engines on the road today are designed to last well over 100,000 miles. An engine will last much longer if the engine is not abused in any way and all maintenance that the manufacturer recommends is done on or before it is due.

At what mileage is a car considered old?

One rule of thumb to keep in mind, especially when looking at reports like Carfax or AutoCheck, is that 15,000 miles per year is considered to be the industry average. Therefore, if you’re looking at a vehicle that is ten years old, it’s not unreasonable for it to have 100,000 to 150,000 miles on it.

Should I buy a car over 100k miles?

No, in most cases, buying a car with 100K miles is not a bad idea. In fact, there are a number of benefits to buying a high-mileage car. For example, cars with 100K miles cost less to purchase, register, and insure, all while depreciating slower than low-mileage cars.

Is a 20 year old car too old?

Dependability of your vehicle Some suggest not buying a car that’s over 20 years old, as it can be more difficult to find parts for these vehicles if they’re needed down the road. … This means that the average 10-year old car has travelled around 200,000 kms – which is a lot of road-time and wear-and-tear.

Should I buy a 10 year old car?

The graphic, shown below, indicates that the cheapest thing to do is to buy a 10-year-old used vehicle, keep it for five years, and then repeat. … The graphic indicates that if you buy new and keep that ride for 20 years, that will cost you less than buying a three-year-old used vehicle that you drive for 15 years.

Can a car go up to 400 000 miles?

She hasn’t had a car payment in 15 years! A Clark.com reader sent us a photo of her car’s odometer after it reached 400,000 miles!…Top 10 longest-lasting vehicles.RankModel% of vehicles over 200,000 miles1Toyota Sequoia6.6%2Ford Expedition5.4%3Chevrolet Suburban5.2%4Toyota 4Runner4.2%7 more rows•Sep 6, 2018

Is low mileage better than age?

There is only so low a car goes in value. In general, buying a higher mileage newer is better than buying an older car with less miles. The reason for this is simple: parts in a car, especially the rubber components deteriorate over time, regardless of mileage. It’s entropy at work.

What is the best age to buy a used car?

The optimal age at which to purchase a used car will decline if you maintain the car for longer. For a Honda Accord the optimal age is between five and ten years.

Is a 6 year old car too old?

As a very general rule of thumb, a car is usually reliable up to 5 years providing it has been maintained. But if you look at the older car market, you’re likely to get a model at an even lower cost.

Should I buy a car with 150k miles?

There are many reasons why buying a used car rather than a new car is a wise choice. … But, don’t assume a car is in good condition because it has “low” or “average” miles — or that it is in bad condition if it has “high” miles. Many modern cars with 100K-150K miles are in great condition and will easily go another 100K.

Is it bad to buy an old car with low mileage?

Generally OK In general, we think that low-mile used cars are a great decision, even if mileage seems unusually low. In other words, find a 10-year-old car with only 10,000 miles on the odometer, and you’re probably looking at a great buy rather than a wide range of potential problems down the line.

What used cars NOT to buy?

Worst Used CarsAcura.Audi.BMW.Buick.Cadillac.Chevrolet.Chrysler.Dodge.More items…•

What mileage is too high for a used car?

Where Did the 100,000-Mile Rule Come From? The idea that your car won’t last 100,000 miles comes from a different era. Way back when, maintaining your car well enough to reach into the six figures was a point of pride, but most used cars with more than 100,000 miles on the clock would be considered far too unreliable.