What is good mileage for a 12 year old car?
Some experts will say 7,500 miles is a good average for a year while others will put the figure at 12,000. We think about 9,000 miles a year is a fair gauge. So a five year old car might have 45,000 showing, an eight year old example around 72,000 and a 12 year old roughly 108,000 miles. In such cases, it may be best to consider purchasing a vehicle with fewer than 50,000 miles to avoid recurring maintenance issues and breakdowns. That said, a high-mileage car, such as one with 100,000 miles or more, can be a great option if you need a spare car or if you don’t drive much.
What is the oldest second-hand car you should buy?
Cars are usually reliable for up to five years if they’ve been looked after. But a well-maintained 10-year-old car could be a better investment than a newer model that hasn’t been cared for as well. Budget is also a major factor. The older the model, the lower the cost. A well-maintained 7-8-year-old car with a solid service history can still be a reliable choice, but anything older may begin to show wear, both mechanically and aesthetically.
What car can you buy for $4000?
What are the most reliable used cars under £4000? As ever, if you want reliability, go Japanese. For a £4,000 budget you can choose between plenty of Toyota Yarises, Aurises, and Corollas, as well as the Honda Jazz and Honda Civic, and the various generations of Mazda 2 and 3. Hyundai variants like the Sonata and Elantra have consistently Great Quality & Reliability J. D. Power scores within the past few model years. Toyota and Honda battle it out for the most dependable high-mileage reliable used cars. The highest J. D. Power Reliability Rating of 93/100 goes to the 2022 Chevy Corvette.According to a recent study by Consumer Reports, Toyota and Lexus were the most reliable vehicles in 2022. After Japanese cars, BMW was ranked third, while Mercedes’ reliability was rated the lowest.Most Dependable Used Cars at a Glance Honda vehicles tend to have the lowest annual maintenance costs,1 while Kia models have won multiple Edmunds Top-Rated awards. Hyundai variants like the Sonata and Elantra have consistently Great Quality & Reliability J. D. Power scores within the past few model years.
What is the best age and mileage to buy a used car?
The sweet spot for used car buying is typically between 2-5 years old. During this period, cars have already undergone the sharpest depreciation (about 20-30% in the first year alone), making them significantly more affordable than a brand-new model. Our data indicates that October and November are still the months when car buyers can expect to get the best discounts. However, there are other notable factors that shoppers should also consider when purchasing a used car in today’s market. Read on for additional insight that will help make every dollar count.
What is the cheapest way to get a new car?
Generally, buying a car outright is the cheapest way of owning a new car, as you’ll only be paying the cost of the vehicle, without interest. But if you do not have the money upfront, or you do not want to pay a lump sum straight away, leasing is an alternative. The cheapest way to buy a car is often paying in full with cash, especially for a used car. This avoids interest, monthly payments, and extra fees. Alternatively, purchasing a used car privately can also save money compared to buying through a dealership. However, both options mean you need enough savings upfront.