Is a 10-year-old car OK?

Is a 10-year-old car OK?

A well-maintained 10-year-old car could possibly be a better investment than a newer model which hasn’t been looked after. As a very general rule of thumb, a car is usually reliable up to 5 years providing it has been maintained.

How many miles is too much for a 10-year-old car?

Many dealerships provide those for free. Those companies consider 15,000 miles per year to be the national average for a car. Therefore, if you’re looking at a vehicle about 10 years old, it’s not unreasonable for it to have 100,000 to 150,000 miles on it.

How long do well maintained cars last?

A typical passenger car should last 200,000 miles or more, says Rich White, executive director of the nonprofit Car Care Council (which offers a free car care guide). Another way of looking at it: “The average lifespan [of a car] is now almost 12 years,” says Eric Lyman, chief analyst at TrueCar.

What is the most reliable 10-year-old car UK?

The most durable and reliable cars

1. Ford Fiesta petrol 2008-2017. It’s no surprise the Ford Fiesta is the most popular in Britain.
2. Honda Civic diesel 2006-2012.
3. Ford Focus diesel 2011-2018.
4. Toyota Avensis 2003-2009.
5. BMW 3 Series 2012-2018.
6. Skoda Octavia diesel 2004-2013.
7. Honda Civic petrol 2006-2012.
8. Kia Cee’d 2007-2012.

How old should I be to buy a car?

Generally, you need to be at least 18 years old to obtain an auto loan, and things aren’t much easier for minors hoping to pay in cash. Here’s what to expect when car shopping with your teen.

Are old cars worth buying?

If reliability is your top priority, you probably don’t want to buy a vehicle that’s too old. After all, the older a car is, the less reliable it’s likely to be, even if it’s a well-maintained, low-mileage vehicle, such as a Toyota or a Honda. Reliability does depend on the vehicle and how many miles it’s covered.

Is it worth buying a 10-year-old car?

In reality, there is no concrete answer for this – it all depends on the car. A well-maintained 10-year-old car could possibly be a better investment than a newer model which hasn’t been looked after. As a very general rule of thumb, a car is usually reliable up to 5 years providing it has been maintained.

How long should you keep a used car before buying new?

The graphic, shown below, indicates that the cheapest thing to do is to buy a 10-year-old used vehicle, keep it for five years, and then repeat. The most expensive approach is buy a brand new car, keep it for five years, and then do that again.

Is it bad to buy a car that is too old?

Find a used car for sale near you If reliability is your top priority, you probably don’t want to buy a vehicle that’s too old. After all, the older a car is, the less reliable it’s likely to be, even if it’s a well-maintained, low-mileage vehicle, such as a Toyota or a Honda.

Is it cheaper to buy a used car that lasts 20 years?

Yes. The graphic indicates that if you buy new and keep that ride for 20 years, that will cost you less than buying a three-year-old used vehicle that you drive for 15 years. The reactions from Reddit users to the graphic have run the gamut.