Is 163 000 miles on a car bad?
Typically, putting 12,000 to 15,000 miles on your car per year is viewed as “average.” A car that is driven more than that is considered high-mileage. With proper maintenance, cars can have a life expectancy of about 200,000 miles.
Why are miles more important when buying a car?
For example, if a vehicle has been through a lot of city driving (stop and go), the car likely has more wear and tear on components such as brakes and transmission than vehicles that have seen mostly highway driving. Read on to find out what else is essential to consider. What is Good Miles for a Used Car?
How many miles is too many for an used car?
Depending on who you ask, the average miles driven per year is 10,000 to 15,000, with around 12,000 the most common yardstick (most leases allow 12,000 miles per year). So, if you’re looking at a 5-year-old SUV with 124,000 miles on the clock, should that set off alarm bells? Yes, because the value of any used vehicle is in how many miles are left.
Can a 8 year old car have 50, 000 miles?
Likewise, a car that is 8 years old and has only 50,000 miles sounds like a sure bet. But if the owner changed the oil only every other year and neglected other routine maintenance and repairs, the engine and other components might be in far worse shape than the odometer would indicate.
Which is more important, the miles or the age?
In some cases, a newer car can have more miles than a comparable vehicle that is significantly older. Additionally, some miles weigh harder on an automobile than others.
Can you buy a car with 160, 000 miles?
“Generally a ten year old car with excess of 160,000 miles, I generally recommend against ownership.” He’s not the only one. Viraf Baliwalla, a broker for the Automall network, which works with car buyers to help them get a good deal, is weary of high-mileage vehicles.
What are the benefits of buying a car with 100K miles?
The second benefit to purchasing a car with over 100K miles, is that its rate of depreciation is significantly slower than a new car. For example, if you buy a 10-year old car with 100K miles on it for $8,000, you may only see it depreciate a thousand dollars per year; maybe even less.
What happens when you put 200, 000 miles on a car?
If the car is old as well, rust is almost unavoidable. Paint chips (caused by natural wear after putting all those miles on a car) can lead to rust quickly, and rust can spread too, so be aware of how much rust you’re dealing with and how much you’re ready to live with. The suspension is another area that needs to be carefully inspected.
Which is better 100, 000 or 50, 000 miles?
A well-maintained vehicle with 100,000 miles might be in better shape overall than the same kind of car or truck with 50,000 miles that was a prior rental or had many owners and led a rough life.