What should I look for when buying a high mileage car?
What to Expect When Buying a High-Mileage Car
- Look for Productive Miles. A big number on the odometer isn’t necessarily a warning sign.
- Know the Risks.
- Watch for Red Flags.
- Inspect Before Purchasing.
- Know the Maintenance Schedule.
- Expect Better Resale Value.
Is it a bad idea to buy a high mileage car?
Of course, “one-owner” high mileage vehicles are best, but often not a reality. The older the car and the higher the mileage, the more likely it has had several owners. And, you’ll probably never know how well it was cared for by each owner. In the end, whether you purchase the vehicle or not is entirely up to you.
What mileage is too high when buying a car?
What is considered high-mileage? 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.
Is the higher the mileage the better?
It’s an indication of the amount of wear and tear the car has sustained over time. As such, a vehicle that has higher mileage will most-likely be costlier than a similar vehicle with fewer miles. Generally, a car with lower mileage also offers better ride quality.
What is the most reliable high mileage car?
According to many reputable sources including Carfax, U.S. News, and Consumer Reports, these are some of the most reliable high mileage cars:
- Toyota Tacoma.
- Lexus RX 350.
- Toyota 4Runner.
- Ford F-150.
- Subaru Forester.
- Honda CR-V.
- Jeep Cherokee.
- Chevrolet Suburban.
Is it OK to buy a 10-year-old car?
More than half of a car’s original value evaporates in the first five years of ownership. When buying a used car that’s 10-years-old or older, your primary concerns are purchase price and reliability. Don’t pay more than that 10-year-old car is worth. And, pick a car with a solid reputation for dependability.
What should I expect when buying a high mileage car?
As you’ll find when shopping for a high-mileage car, there’s rarely much price difference between a vehicle with 90,000 miles and one with 120,000 miles.
Which is better higher mileage or lower mileage?
A lower mileage, on the other hand, could account for a higher resale value if you decide to trade it out or sell it. This is because there are more miles for the car and it could still last a longer period of time after it’s been purchased. Besides Mileage, What Else Should You Consider When Buying A Used Car?
Which is more important when buying a car, miles or age?
Again, a vehicle with a lot of less-taxing highway mileage will likely have more life left in it than one with heavy city miles that age a car more quickly. When buying a car, the age of the vehicle under consideration merits serious consideration, too.
How can I tell if my mileage is within a reasonable range?
To see if a car’s mileage is within a reasonable range, simply multiply 24,000 by the car’s age and see if the mileage reading on the odometer is higher or lower than that. You can also just divide the car’s odometer reading by its age to get the average reading.