Quick Answer: What’S A Good Mileage To Buy A Used Car At?

What cars last the longest?

See the full list of the longest-lasting car brands below:Toyota.

Toyota Land Cruiser.

Hollis Johnson/Business Insider.Honda.

Honda Accord.

GMC.

GMC Sierra Denali.

Chevrolet.

Chevy Silverado.

Ford.

Ford Mustang.

Lincoln.

Lincoln Navigator.

Subaru.

Subaru Crosstrek Limited.

Jeep.

Jeep Wrangler Unlimited.

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Should I buy a car with 300 000 miles?

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. … Many cars will have no trouble passing 200,000 miles without any significant issues — while many others still adhere to the 100,000-mile cutoff.

How much profit do dealers make on used cars?

Dealers pay around 2 to 3 percent of the invoice price of the car up front, and this is then rebated quarterly after the car is sold. If they sell the car quickly, the rebate most likely will be larger than their finance costs, and they make a profit on the difference.

What year used car is the best value?

“If you are looking to get a great value for nonluxury, midsize vehicles, [you] should purchase a used vehicle that’s around a year old,” he says. To sell that car “strategically,” Hoang says to put it back up for sale after about four years since it still holds much of its value, based on the used purchase price.

How many miles on a used car is too much?

One rule of thumb to keep in mind, especially when looking at reports like Carfax or AutoCheck, is that 15,000 miles per year is considered to be the industry average. Therefore, if you’re looking at a vehicle that is ten years old, it’s not unreasonable for it to have 100,000 to 150,000 miles on it.

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.

Should I buy a used car with a lot of miles?

Mileage Matters If you’re buying a used car, mileage should be a huge factor in your decision. After all, a car’s odometer is a measure of how much life it’s lived — so a car with only 70,000 miles is worth a lot more than one that’s covered 170,000 miles.

Is 30000 miles a lot for a used car?

In most cases, the first service for a used car is usually between 30,000 and 40,000 miles; by the 70,000-mile mark, the service visit is usually more expensive and might require more work, such as changing the timing belt, according to Edmunds.

What used cars NOT to buy?

30 Used Cars Consumer Reports Gave the ‘Never Buy’ LabelChrysler Town & Country. Chrysler’s new minivan will hopefully rate better than Town & Country. … BMW X5. 2012 BMW X5 | BMW. … Ford Fiesta. Compact cars by Ford had a bad run between 2011 and 2014 | Ford. … Ram 1500. 2015 Ram 1500 | Ram. … Volkswagen Jetta. VW Jetta | Volkswagen. … Cadillac Escalade. … Audi Q7. … Fiat 500.More items…•

Should I 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 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.

What mileage do cars start having problems?

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.