Buying a used car can be a smart financial decision, but it comes with its own set of considerations. One of the most common concerns for buyers is the mileage on the car. Understanding what constitutes “good mileage” is crucial to making an informed choice. Let’s delve into the world of used car mileage and equip you with the knowledge you need.
Understanding Average Used Car Mileage
When evaluating a used car, mileage is often the first number that catches your eye. A common rule of thumb is that a car accumulates around 12,000 miles per year. This figure serves as a benchmark. Therefore, a 5-year-old car might be expected to have approximately 60,000 miles, and a 10-year-old car around 120,000 miles.
This average mileage provides a starting point for your assessment. If a car’s odometer reading is significantly lower than this average for its age, it could be considered low mileage. Conversely, a much higher reading might indicate high mileage. However, it’s important to remember that mileage alone doesn’t tell the whole story.
It’s also crucial to consider the type of miles. Highway miles generally put less stress on a vehicle compared to city miles. Cars driven primarily on highways experience less stop-and-go traffic, less wear on brakes and suspension, and often maintain more consistent engine temperatures. A car with higher highway mileage might actually be in better mechanical condition than a car with lower city mileage. Always inquire about the car’s driving history if possible.
What’s Considered Good Mileage for a Used Car?
There’s no magic number that universally defines “good mileage” for a used car. Instead of focusing solely on a specific number, consider mileage in relation to the car’s age and overall condition. Sticking to the 12,000 miles per year average is a sensible guideline.
If you are looking at a used car and the mileage is considerably higher than the average for its age, it’s wise to investigate further. This doesn’t automatically disqualify the car, but it signals the need for a more thorough inspection. A pre-purchase inspection by a qualified mechanic becomes even more critical in such cases.
During the inspection, pay close attention to the car’s maintenance history. Has the car received regular servicing? Are there records of oil changes, tire rotations, and other routine maintenance? Evidence of consistent upkeep can significantly mitigate concerns about higher mileage. Major repairs or replacements should also be documented and understood.
Mileage and Used Car Value: The Price Connection
Mileage directly impacts the price of a used car. Generally, cars with lower mileage command higher prices. Think of two identical cars – same make, model, year, and condition – but one has 30,000 miles and the other has 90,000 miles. The car with 30,000 miles will undoubtedly be priced higher.
This price difference reflects the perceived value. Lower mileage suggests less wear and tear, potentially translating to fewer immediate maintenance needs and a longer lifespan. However, this doesn’t automatically make the higher mileage car a poor choice.
Choosing a used car with higher than average mileage can be a strategic way to save money. You might get the same make and model you desire at a more affordable price point. The key is to balance the initial savings with potential long-term costs. A higher mileage car might require more repairs sooner, but a well-maintained vehicle, even with higher mileage, can still offer years of reliable service.
High Mileage Used Cars: When to Be Cautious?
Modern cars are engineered to last. Many vehicles today can easily reach 150,000 miles or even 200,000 miles with proper care. While a very high odometer reading might seem daunting, it shouldn’t be an immediate deal-breaker.
Diesel engines, known for their durability, often outlast gasoline engines. If you’re considering a diesel used car with higher mileage, you might have less reason for concern compared to a gasoline counterpart. Certain brands, like Toyota and Honda, have a strong reputation for longevity, with many of their models frequently exceeding 200,000 miles.
However, there’s a point where caution is warranted. Extremely high mileage, especially without documented maintenance, increases the risk of significant repairs. Consider your budget and risk tolerance. If you’re looking for maximum peace of mind and minimal potential maintenance in the near future, a lower mileage car is generally a safer bet. If you’re comfortable with potential repairs and prioritize a lower purchase price, a higher mileage car could be a viable option, provided it passes a thorough inspection.
The Benefits of Low Mileage Certified Pre-Owned Cars
For buyers seeking a sweet spot between price and assurance, Certified Pre-Owned (CPO) vehicles are worth exploring. CPO programs offer used cars that are typically newer and have lower mileage limits as part of their certification criteria.
CPO cars undergo rigorous inspections, often involving 150 points or more, ensuring they meet specific quality standards. They also come with manufacturer-backed warranties, providing added protection against unexpected repairs. While CPO cars are generally priced higher than non-certified used cars, the benefits can be significant.
Programs like Phil Long CertiRide exemplify this. They certify used vehicles that are newer than 5 years old and have under 50,000 miles. These vehicles undergo a 125-point inspection and include a warranty, offering buyers enhanced confidence and reducing the worry associated with used car purchases.
Making the Mileage Decision
Ultimately, determining “good mileage” on a used car isn’t about finding the lowest number possible. It’s about finding the right balance between mileage, age, condition, price, and your individual needs and risk tolerance. Consider the average mileage per year as a guide, but always prioritize a comprehensive inspection and a review of the car’s maintenance history. Whether you opt for a low mileage CPO vehicle or a higher mileage car with a lower price tag, informed decision-making is key to a successful used car purchase.
