30,000 to 60,000 Miles It’s a good idea to sell your car before it hits 60,000 miles if you don’t want to spend a lot of money on repairs and replacement parts. During this mileage bracket, your car should be about five years old, meaning it’ll still command a substantial amount.
What is the best mileage to buy a used car?
A longer period of ownership of 10 years should therefore exceed 100,000 miles. But, if you check the odometer, and the reading is much higher than this calculation, you know the car was driven hard and will likely be a little worse for wear. The best mileage to buy a used car will be at or under the average miles per year gradient.
When is a good time to sell your car?
Assuming you drive 15,000 miles per year, as most US drivers do, five years or 75,000 miles is a good time to sell your car, as you’re probably done paying for it too and can use the money you get from it for a down payment on your next car.
How many miles a year should a car have?
A good rule of thumb is to try to avoid any car that may have more than 12,000 – 14,000 miles per year of ownership, as this usually means there has been excessive driving per year. Combined with the rising reliability of modern cars, this means that 100,000 to 200,000 miles is still within the realm of reason.
Should you sell a car before 70,000 miles?
Sell a car before this mileage marker, and you can ask for a higher price. If your current vehicle has already passed 70,000 miles, it will still be easier to find a buyer if you list now before it reaches 100,000 miles.
At what mileage should I get a new car?
Estimating an acceptable delivery mileage isn’t an exact science, as the amount can vary by manufacturer and dealer. The general rule, though, is that anything under 200 miles is acceptable for a new car.
How many miles can a car go?
Only in the last decade or so have people finally started to realize that when properly maintained, many cars can hit 200,000 miles. Some can hit 300,000 miles. I once posted an article about a Ford Escape Hybrid New York City taxi that had 560,000 miles on it. And not just 560,000 miles: 560,000 New York City miles!
How many miles should you test drive a new car?
While most test drives are short, at around 5 to 6 miles or even less, more careful shoppers may put the vehicle through its paces over 10 to 15 miles of road. A few test drives by other new car seekers adds up to considerable wear before you seal the deal and park the car in your garage.
What is acceptable delivery mileage for a new car?
Estimating an acceptable delivery mileage isn’t an exact science, as the amount can vary by manufacturer and dealer. The general rule, though, is that anything under 200 miles is acceptable for a new car. That allows enough capacity for transport from the shipping port or between dealerships if the car is sent to a new showroom.
Does your car’s mileage matter?
But your car’s mileage may not matter as much as you think. Sure, the value of your car drops slightly with every 10,000 miles you add. But according to Edmunds data, there is no major drop-off at any certain milestone. Even the 100,000-mile mark is not a value-killer as long as the car is in good shape. The truth is, there is no magic number.
