What matters more, mileage or age?
While it’s a good idea to consider the age of a vehicle and the number on its odometer, it’s much more crucial to look at how well the owner maintained the car. A decade-old car with 100,000 miles may have received more TLC than a 5-year-old model with 50,000 miles. Do VW cars last long? Known for longevity, most Volkswagen vehicles last between 100,000 and 200,000 miles. Properly maintained models can even outlast the upper limit!In the past, most drivers would hear that they shouldn’t purchase a vehicle with more than 100,000 miles on the odometer. Today, used VW Atlas and other used cars last a lot longer than they used to, and even 150,000 miles might qualify as good mileage for a used car.If you take care of your engine, regularly change oil and other vital fluids on time and keep up with wear and tear, your engine may very well last 500,000 miles. It might even last forever!It helps to consider how long you want to keep the car you’re buying. If a used car has 50,000 miles and seems to be working pretty well, then it’s likely a good buy. However a cheap used car with 100,000 miles can probably last you another four years as long as it’s in decent condition.
What is the best age to buy a used vehicle?
The sweet spot for used car buying is typically between 2-5 years old. During this period, cars have already undergone the sharpest depreciation (about 20-30% in the first year alone), making them significantly more affordable than a brand-new model. FAQs. Is December a good time to buy a car? Yes. According to Edmunds transaction data, December has traditionally had the highest discounts from the manufacturer’s suggested retail price (MSRP) for both new and used cars.If you can shop on the last Monday, Tuesday or Wednesday of October, November or December, you’re most likely to find new cars being sold at their cheapest possible prices, with the additional bargaining power and decreased competition that comes with an early day of the week.Used cars are usually at their lowest prices from October through December, covering both late fall and early winter. This is a time when demand drops and dealerships aim to move vehicles off the lot.
What is the best time to buy a used car?
According to the latest Edmunds sales data, the best time of the year to buy a used car is in the months of November and December. December: December is arguably the best month to buy a car. Dealerships are trying to hit their year-end sales quotas, and salespeople are often more motivated to offer better deals to meet these targets. The closer you get to the end of the month, the better the deals tend to be.
What is the perfect mileage to buy a used car?
As a general rule, you should assume that the average car owner puts 12,000 miles on a car each year. To determine whether a car has reasonable mileage, you can simply multiply 12,000 by its age. That means good mileage for a car that’s 5 years old is 60,000. A reasonably good mileage on a used car should be about 15,000 km—20,000 km per year. For example, a three-year-old car should have used around 45,000 km to 65,000 km, and a five-year-old should have used around 75,000 km to 100,000 km.What matters more, age or mileage? This depends on your budget, preference, and intended use, but if a car has high mileage, the wear-and-tear could cause bigger problems than a well-maintained, low-mileage car. Not all cases are the same, but mileage is a bigger factor to consider than age.A ten-year-old car, therefore, would typically have around 142,630 miles. Understanding this baseline helps you assess whether a car’s mileage is high, low, or just right. For example, a 10-year-old vehicle with only 71,315 miles is usually what is considered low mileage on a car and potentially a good deal.In such cases, it may be best to consider purchasing a vehicle with fewer than 50,000 miles to avoid recurring maintenance issues and breakdowns. That said, a high-mileage car, such as one with 100,000 miles or more, can be a great option if you need a spare car or if you don’t drive much.
At what mileage should you stop using a car?
When it comes to determining how many miles are too many for a used car, there isn’t a hard-and-fast rule. Miles: Major services (timing belt, transmission fluid) loom. Miles: Modern cars can exceed this, but budget for repairs. Miles: High risk unless it’s a Toyota, Honda, or meticulously maintained.Quick answer – this really depends on the price and the service history of a car. Some cars may be at the end of their useful life due to poor servicing and questionable build quality at 160,000kms – others might still be going strong at 300,000kms.
What’s the best age to buy a used car?
The optimum age range for purchasing a used car is commonly recognized as falling between 2 to 5 years old. Within this timeframe, a car has traversed the steepest part of its depreciation curve while still maintaining relatively new and well-maintained conditions. For starters, a new car depreciates faster than a used car. A new car loses 9-11% of its value immediately after you drive it from the dealership. Subsequently, the average car loses 20% of its value within the first year. After the first 12 months, the car loses about 15-25% of its value yearly for five years.Identifying the “Sweet Spot” The optimum age range for purchasing a used car is commonly recognized as falling between 2 to 5 years old. Within this timeframe, a car has traversed the steepest part of its depreciation curve while still maintaining relatively new and well-maintained conditions.