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When buying a used car How many miles should it have?
What Is Good Mileage for a Used Car? Mileage will vary between vehicles, but a decent rule of thumb to follow is that people drive an average of about 12,000 miles a year. Therefore, 120,000 miles would be a good mileage for a used car that’s about 10 years old.
Whats the max amount of miles on a car?
200,000 miles
Standard cars in this day and age are expected to keep running up to 200,000 miles, while cars with electric engines are expected to last for up to 300,000 miles. Keeping a car that long has a lot of benefits, including the fact that it could save you a great deal of money.
What is a good odometer reading when buying a used car?
It’s always worthwhile to assess the service record of any used car, and if it hasn’t been consistent, then it could be cause for trouble. Most cars around the 200,000-kilometre mark and above with a reliable service history should be an excellent purchase if the price is right.
How much should I be spending on my car?
In general, experts recommend spending 10\%–15\% of your income on transportation, including car payment, insurance, and fuel. For example, if your take-home pay is $4,000 per month, then you should spend $400 to $600 on transportation.
How many miles should a car have before it’s worth buying?
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. Mileage isn’t the only thing to take into account when looking at a used car.
What is considered high mileage for a car?
Most professional mechanics will tell you that 12,000 miles per year is an accurate estimate for a car that has not been overdriven and considered to have high mileage. Therefore, a vehicle driven for 10 years, would have an acceptable mileage of 120,000 miles.
Is it worth buying a used car with 2nd lap miles?
Yes, because the value of any used vehicle is in how many miles are left. What’s more, if the odometer is already making its second lap, that means that less than half of the useful miles remain — maybe a lot less.
How many miles should you drive in a year on average?
Depending on who you ask, the average miles driven per year is 10,000 to 15,000, with around 12,000 the most common yardstick (most leases allow 12,000 miles per year). So, if you’re looking at a 5-year-old SUV with 124,000 miles on the clock, should that set off alarm bells?