Is 140 thousand miles a lot on a car?
So, a car that is five years old would have about 75,000 miles to be considered “average.” Anything significantly more, and a car is considered to be “high mileage.” Anything significantly less, and it’s a “low mileage” car. Many modern cars with 100K-150K miles are in great condition and will easily go another 100K.
Can you buy a used car with 100, 000 miles on it?
If the car has 100,000 miles on it, that’s still nearly four years of driving to get to the average. 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.
What’s the value of a 75, 000 mile car?
According to KBB, the “private party” value for this car is $29,960. Now, let’s say you drive it 25,000 miles, and with 95,000 miles on the odometer, the car is now worth $25,915. This means that if you buy the M3 with 70,000 miles and then drive it for 25,000 miles, then it would depreciate roughly $4045, or about 16 cents per mile.
Do you think 100, 000 miles is a lot?
To some extent, the thought that 100,000 miles is a lot is from a different time, back when that kind of distance on the odometer was unheard of. Yet you only need to look to the US for reassurance, where 100,000 miles is seen as the baseline and cars are kept for decades with hundreds and hundreds of thousands of miles accumulated.
How many years can a car with 100K miles last?
That means a car with 100,000 miles on it, would last you more than 6 years if you drive 15,000 miles per year. Now, I think it’s pretty obvious that some cars are more reliable than others. In fact, it’s one of the main selling points for certain cars these days.
If the car has 100,000 miles on it, that’s still nearly four years of driving to get to the average. 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.
To some extent, the thought that 100,000 miles is a lot is from a different time, back when that kind of distance on the odometer was unheard of. Yet you only need to look to the US for reassurance, where 100,000 miles is seen as the baseline and cars are kept for decades with hundreds and hundreds of thousands of miles accumulated.
According to KBB, the “private party” value for this car is $29,960. Now, let’s say you drive it 25,000 miles, and with 95,000 miles on the odometer, the car is now worth $25,915. This means that if you buy the M3 with 70,000 miles and then drive it for 25,000 miles, then it would depreciate roughly $4045, or about 16 cents per mile.
Is it worth buying a BMW with over 100k miles?
My advice is to stay away from the N54 turbocharged 3 Series vehicles, it’s just not worth the risk of having serious trouble with the turbochargers. Certain 3 Series E46s: The BMW E46 was an excellent car overall. Many of these vehicles, if not the majority available at this point are at or above 100,000 miles.