Is It OK To Buy An Older Car With Low Mileage?

Is it OK to buy a car with 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..

Should I buy a 15 year old car?

Most cars from 15 years ago are still on the road. 15 years isn’t that long. Look for one under 100,000 miles and you’ll have yourself a nice score. … Buying a 15–25 year old car is the best way to go.

How much mileage is too much?

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 mileage more important than age?

While mileage matters a lot, a car’s age can be just as big of a deal — and in some cases, it’s even more important than mileage. For instance: a 10- or 15-year old car with only 30,000 or 40,000 miles may be appealing.

What mileage car should I buy?

On average, a car should have around 10,000 miles per year. … For example, a five-year-old car would ideally have 50,000 miles or less on its odometer. If a car’s mileage is far larger than the average, then you will have to take a deeper look at the car’s history.

How much mileage is bad for a used car?

How many miles are too many? Really, it depends on a lot of factors but, if in doubt, shoot for the 12,000-mile/year average. Even so, don’t be afraid of cars that are outside of this range, provided the used car in question has been well maintained and there are records to show that.

Is it bad to buy an older car?

If reliability is your top priority, you probably don’t want to buy a vehicle that’s too old. After all, the older a car is, the less reliable it’s likely to be, even if it’s a well-maintained, low-mileage vehicle, such as a Toyota or a Honda. Reliability does depend on the vehicle and how many miles it’s covered.

Is a 20 year old car too old?

Twenty year old cars will likely be in pretty good condition, so long as the car spent its life in a salt free state and was maintained and garaged. You can always tell a garaged car, the paintwork will be original and still fresh looking.

Is 80k miles a lot?

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.

What is the sweet spot for buying a used car?

Saving Money by Buying in the Used-Car ‘Sweet Spot’ There’s a three-year-long “sweet spot” that starts with buying a used car that has already had its initial drop in value and ends with its sale or trade-in before it has another good-size depreciation hit.

Is it good if a car has low mileage?

Low mileage cars are typically seen as more desirable than high mileage counterparts because they’re essentially younger in terms of usage and can typically command more money on the used car market.

What is the best age and mileage for a used car?

From the data we’ve accumulated, it would appear that the best plan would be to purchase a car just a few years old and drive for another two to three years. This strategy reduces both maintenance and repair costs, as the car is still likely under warranty, as well as avoids the two major dips in depreciation.

Is a 10 year old car too old?

In reality, there is no concrete answer for this – it all depends on the car. A well-maintained 10-year-old car could possibly be a better investment than a newer model which hasn’t been looked after. As a very general rule of thumb, a car is usually reliable up to 5 years providing it has been maintained.

Can you drive a car with 300 000 miles?

Ah, the feel of the open road. A person could drive 30,000 miles a year (the average is 15,000) and rack up miles pretty quickly, but someone who drives very little will still see their car age when the interior fades and rubber parts begin to dry. …

Is 80k miles a lot for a car?

Ideally, you will want to choose something under 80,000 miles and take reliability into account. For example, a reliable vehicle like a Honda Civic with 50,000 miles may be a better purchase than a Ford Taurus with 30,000 miles of the same year or age.