At What Mileage Should I Buy A Used Car?

How many miles on a used car is too much?

A modern vehicle may be able to travel up to 200,000 miles.

Therefore, a car with more than 50,000 miles is likely to have up to 150,000 miles left.

As such, it can probably serve you for more than 10 years if you’re an average car owner who drives about 12,000 miles a year..

Is a high mileage car worth buying?

In general, buying a higher mileage newer is better than buying an older car with less miles. … On top of that, cars are meant to be driven so cars with higher mileage tend to last longer because car tends of lubricate itself more often and burns carbon build up which are all helpful for a long lasting engine.

Can cars last 300 000 miles?

The Suburban is, probably, the only General Motors SUV that will make the list of cars capable of lasting longer than 300,000 miles. Many Suburban owners reported having clocked more than 200,000 miles, but owners who take good care of their cars will see the 300,000 mark.

How many years old is the best time to buy a used car?

So for used car shoppers, purchasing a car that’s two to three years old and driving it for three years results in some of the lowest costs for recent model cars.

What used cars to avoid?

Listed alphabetically by make and model, these 108 vehicles have a record of much-worse-than-average reliability, based on subscriber responses to our Annual Auto Surveys….Worst Used Cars.ModelYear(s) to AvoidFordFocus2012-2017FordMustang2015-2016, 2018FordRanger2019GMCAcadia2011-2013, 2016-2017, 2020117 more rows•Jan 4, 2021

Should you buy a car over 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.

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

One to two years old – Edmunds recommends buying a car that’s one or two years old, driving it for three years, and then selling it before the next big price slump. This might be a good option for drivers who love having the latest gadgets and don’t mind maintaining a car payment.

What is the sweet spot for used cars?

When you’re buying a used car, I’d say the sweet spot is two-three years and 24,000 to 36,000 miles. At that point, lots of cars will have depreciated by about a third. Some more, some less. But with most new cars easily going 100,000 to 150,000 miles, you’re buying the majority of the car’s life, for a third off.

What are the best used cars to buy in 2020?

Study Reveals 9 Best Used Vehicles To Buy In 20203 / 11. Best Sports Car: Ford Mustang. … 4 / 11. Best SUV: Toyota 4Runner. … 5 / 11. Best Pickup Truck: Toyota Tacoma. … 6 / 11. Best Minivan: Toyota Sienna. … 7 / 11. Best Luxury Car: Lexus ES 350. … 8 / 11. Best Luxury SUV: Acura MDX. … 9 / 11. Best EV: Tesla Model S. … 10 / 11. Best Hybrid Car: Toyota Prius. This probably isn’t a surprise.More items…•Dec 13, 2019

Is it worth buying an old car with low mileage?

Although cars experience an initial burst of depreciation, the key to getting a screaming deal is to wait for their depreciation to essentially flat line. A low mileage, relatively new used car is still going to experience a lot of depreciation, which makes it a fairly bad deal for you, the savvy car purchaser.

When buying a used car is mileage or year more important?

While it’s a good idea to consider the age of a vehicle and the number on its odometer, it’s more important to look at how well the owner maintained the car. A 10-year-old car with 100,000 miles may have received more TLC than a five-year-old model with 50,000 miles.

What is the best month to buy a car?

If the stars align for the last day of the month to fall on a Monday, you can get even more leverage. In 2019, September 30th (the end of Q3) was a Monday! If you missed it, don’t worry. It’ll happen again in 2024….The best day of the week to buy a car.Day of the WeekAverage Savings RateFriday8.06%Saturday7.77%5 more rows•Mar 15, 2020

What is the ideal mileage for a used car?

What Is Good Mileage for a Used Car? Mileage will vary between vehicles, but a decent rule of thumb to follow is that people drive an average of about 12,000 miles a year. Therefore, 120,000 miles would be a good mileage for a used car that’s about 10 years old.

Does mileage matter when buying a used car?

Mileage isn’t the only thing to take into account when looking at a used car. The car’s condition and how comprehensive the service records are can be invaluable indicators of whether a vehicle is a good purchase or not. Start with the overall condition of a vehicle.

How do I pick a good used car?

How To Choose A Used CarFind out the market value. This should be the first step in your used-car-buying process. … Carefully inspect the car. … Do a serious test drive. … Get the car checked out by a mechanic. … Get the repair history on the car. … Consider the relationship between a car’s age and mileage. … Always be ready to walk away.Dec 11, 2020