2072012 The newer vehicle may also have the added benefit of the balance of the manufacturers warranty on it. But there a few howevers One has been mentioned by many posters.
Does Mileage Matter When Buying A Used Car Findandfundmycar
High-mileage cars can look tempting because of their lower price tags however some shoppers might be deterred by the number count on the odometer.
Is it better to buy a newer car with high mileage or older car with low mileage. For example a 2003 BMW for 8000 and 100k. Which is best for the car running at a constant speed at and always being warmed up is the best condition for the car to run at and is really low stress on the car. 2072015 Just because a 15-year-old vehicle has only about 40000 km does not mean it is any better than a five-year-old car thats been on the road for 100000 km.
Buying a Newer Car With Higher Miles. So if you want to protect your monthly cash-flow and make the most out of your income a car with 100K miles or might be perfect for you. In general buying a higher mileage newer is better than buying an older car with less miles.
Should I buy the newer car with the higher mileage or the older car with the suspiciously lower mileage. Of course that reduced value also applies to the eventual resale of the car so the next buyer will also pay less for the higher-mileage car but that difference can to some extent be offset through financing incentives and extra-cost add-ons. 642021 You can have a high mile car with no real issue such as those high mile delivery cars that do 1000000 miles in less than 10 years and then there are 30 year low mileage old.
And cars with lower mileage usually cost more than similar ones with higher mileage. Both are for sale at 3595. 2452019 While new-car drivers will spend roughly 1650 that year on car insurance premiums you could save 12 on insurance premiums if you buy a five-year-old version of the same car.
GENERALLY SPEAKING the car with lower mileage is the one to buy because it has more life left in it. 1952020 The cost of depreciation can be high if youre selling a car but it can be low if youre shopping for a car especially ones with high mileage. 1572012 A car with that kind of miles is likely 5 to 6 years old as well.
1382019 An odometer reading of 200000 miles is nothing really nothing said one Midwest new car dealer. And because this question posits that the low-mileage car is an older vehicle it can usually be acquired for much less than a newer high-miler. 1132021 By Doug Demuro.
30112017 There is only so low a car goes in value. Expect Better Resale Value As youll find when shopping for a high-mileage car theres rarely much price difference between a vehicle with 90000 miles and one with 120000 miles. Parts in a car.
When buying a used car you will need to weigh two things. 16102011 The first is a 57 plate with 75k miles on the clock and the second is a 05 plate with 49k miles on the clock. When an older car happens to have less mileage you might start questioning why it has not been used that frequently.
2322018 Higher mileage affects a cars trade-in value meaning that a dealer will buy the car for less. Newer vehicles typically cost more than similar older ones as they typically have less wear and tear. That said it is less likely that the car has been regularly maintained.
On the flip side buying a newer car with higher miles holds its own challenges. - For more news reviews and Top Tens visit httpswwwhonestjohncouk. Newer cars being newer have had fewer opportunities for mistreatment abandonment or neglect.
Jon Quirk editor in chief of car specialist Auto Trader says. Older cars with more mileage depreciate at a much slower rate whereas new cars will lose more than half their value in the first five years. They can often be in much better shape to the naked eye but that shiny coat of paint and clean interior may be hiding issues.
1192011 You know as well that such high miles in a short time will be motorway miles. Miles on the vehicle and age. Insurance for high-mileage cars tends to be much cheaper.
8 If youre purchasing a vehicle and are ready to save money on car insurance our Endorsed Local Provider ELP insurance agents can help you find the best deals on auto coverage in your area. These late model cars just run run run as long as you change the oil and maintain them. The reason for this is simple.
Perhaps a good buy but expect and budget for some significant repair bills at this point in cars life. Right but with older cars they become so cheap that you have a massive buffer for repairs. While an older car with fewer.
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