View Poll Results: Do The Miles Matter?
Yes, I want it under 50,000 miles.
26
74.29%
Yes, I want it under 100,000 miles.
8
22.86%
No, It could be over 100,000 miles.
1
2.86%
Voters: 35. You may not vote on this poll
Do Miles Matter?
#16
Your 150K v. 50K comparison is pretty unrealistic. What is more normal is a decision among cars that have mileage totals that average under 10K miles per year, 12-15K miles per year, and over 20K miles per year. I suggest folks buying a used car first determine how many miles they will likely put on the car.
- If a person is average and will drive 12-15K per year, it doesn't make much difference what they buy. If they pay more for a low mileage car, they may have more (or some) warranty left and will be able to resell the car for a bit more than an average mileage car in a few years. If they pay less for a higher mileage car, they may have no warranty and could have higher repair (or aftermarket / CPO warranty costs) and will have a lower resale value.
- If a person is a low mileage driver, they may benefit from buying a higher mileage car as they can buy low and later sell the car with normal mileage for it's age.
- If a person is a high mileage driver, they can buy a low mileage car and later also sell it with near normal mileage for it's age. I fall in this category, driving nearly 25K miles per year. I bought a 5 year old LS430 with 30K miles. If I sell the car in 5 years, it will have about average mileage for it's age.
- If a person is average and will drive 12-15K per year, it doesn't make much difference what they buy. If they pay more for a low mileage car, they may have more (or some) warranty left and will be able to resell the car for a bit more than an average mileage car in a few years. If they pay less for a higher mileage car, they may have no warranty and could have higher repair (or aftermarket / CPO warranty costs) and will have a lower resale value.
- If a person is a low mileage driver, they may benefit from buying a higher mileage car as they can buy low and later sell the car with normal mileage for it's age.
- If a person is a high mileage driver, they can buy a low mileage car and later also sell it with near normal mileage for it's age. I fall in this category, driving nearly 25K miles per year. I bought a 5 year old LS430 with 30K miles. If I sell the car in 5 years, it will have about average mileage for it's age.
#19
I purchased my Subie with 69k miles on it...that was almost 60k miles ago. I place less emphasis on miles than I used to. Cars across the board are running longer. Even Chryslers.
#20
I would go for lower-mileage cars mostly for the typically better interior condition, especially if the seats and other frequently touched surfaces are leather and will show wear easily.
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