Do insurance companies give discounts for low mileage?

Do insurance companies give discounts for low mileage?

The average American drives 12,000 miles per year, but car insurance companies usually consider you a low-mileage driver if you drive less than 7,500 annual miles. Not only does this save you money on gas and wear and tear on your vehicle, but it could also snag you a discount on your auto insurance rates.

Is having less miles driven on a car good?

There is no hard-and-fast rule for how many miles is too little. In general, a used car with low mileage is usually a good decision, even when mileage seems unusually low. There are some signs that could indicate the car hasn’t been driven enough.

How many miles is low mileage discount?

For the most part, insurance companies consider 12,000 miles a year to be lower than average. Some insurers, however, find that under 10,000 miles is low mileage and wait to hand out bigger discounts if you’re under that number of annual miles.

How many miles does a 2007 Jaguar XK drive?

1st owner purchased on 02/02/07 and owned in OH until 09/15/10 • 2nd owner purchased on 09/21/10 and owned in OH until 09/23/10 • 3rd owner purchased on 08/04/16 and owned in OH until 04/22/21. 1st owner drove an estimated 6,738 miles/year • 2nd owner drove an estimated 0 miles/year • 3rd owner drove an estimated 424 miles/year.

Are there any low mileage cars on AutoTrader?

But today, with this list of six incredibly low-mileage cars for sale on Autotrader, you can join me in asking them. This 1997 BMW Z3 with only 1,818 miles is available from Cosmo Motors in Hickory, North Carolina.

What happens when a car has less than 100, 000 miles?

But when a car sits for a while, as a car tends to do when a 15-year-old car has less than 100,000 miles on it, that rubber just sits, too. And sits. And sits. It dries out, and becomes brittle. Over time, the rubber does the opposite of what it’s meant to do, and it’s all got to be replaced.

What kind of car has 5, 388 miles?

This one doesn’t make as much sense. It’s a 1999 Mercedes-Benz C230, the same ’99 C230 that thousands of people all over Los Angeles leased back in the fall of 1998, except it has only 5,388 miles on it.