when buying a used car how much mileage is too much
Theres no golden rule that says how many miles are too many for a used car. Cars up to three years old rack up an average of 10400 miles a year and thats split up into 12500 miles a.
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So if the car youre looking to buy is.
. Whether a used car is considered high mileage or not depends largely on the year to mileage ratio. In general its a good idea to assume the typical driver puts on about 12000 miles per year which can be a good guideline for determining the value of a prospective used car. Theres no absolute number of miles that is too many for a used car.
Its not unusual to have a high mileage car thats in better condition than a low mileage car. CPO programs can give you. Figures from the RAC show that newer cars cover higher mileages.
If it was the only thing you. Typically people will say 100000 Miles is the ideal cut-off point. Generally a used car with anywhere from 300000 miles is too much and not a good buy.
Pre-owned vehicles will save you more money in the long run especially since you wont be paying as. Most of the manufacturers warranty is up to 100000 km. Find out how old the car is multiple the.
At 3000 miles At 6000 miles At 12000 miles At 15000 miles At 30000 miles At 45000 miles At. In our analysis though depreciation at that age still dwarfs repair costs. Number of miles x Age of the car Reasonable mileage This means that if you are getting a car that has been used for eight years the reasonable mileage on the car should ideally be.
How many miles do you put on it over the course of a year. Knowing this its reasonable to see a 5-year-old car with. If you do a simple online search youll find that auto experts recommend a well-used car shouldnt register more than 12000 miles a year.
But in general anything over. Buying a used car can be economical even when the. Those companies consider 15000 miles per year to be the national average for a car.
However there are other things to look at which well discuss later in this article. If there are no records it still may be okay but you will want to take a look under the hood and look for signs that it is well. Buying brand-new can run you twice as much as a used car would.
But consider 200000 as an upper limit a threshold where even modern cars begin to succumb to the years. A car that is seven years old should have around 105000 miles. I think 178000 miles is too many considering that youre asking to get 3-4 years of 20000 miles per year driving.
And certified pre-owned cars cost as much as 3000 more than similar non-certified cars. On average you can expect to drive 15000 miles per year. However that is not really the only thing.
If the car has maintenance records 140k km is not high mileage. So this keeps you protected. That would put the car at 238000-258000 miles.
The value of used cars significantly diminishes if theres any apparent bodywork damage or once a used car hits the magic mark of 200000 kilometres. However the latter is not always a sign. Theres no rule to how many miles on a used car is too much but by attempting to stick to the 12000 miles per year rule is a great place to start.
Should you buy a car with over 100000 km. Take a five-year-old used vehicle with 100000 kilometers or just over 62000. Therefore if youre looking at a vehicle about 10 years old its not unreasonable for it to.
A car that is eight years old should have around 120000 miles. A smart choice is to buy a pre-owned car that has been serviced at each of these milestones. Have you ever wondered how much mileage is too much on a used car.
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