What year is best to buy a 2nd hand car?
How Age Affects Depreciation and Value. 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. However, the older a vehicle gets, the more you need to factor in the potential for repairs and the cost of maintaining an aging car. 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.When shopping, is there a best age for purchasing a used car? 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.A car’s age matters as much as its mileage. Even a car with low mileage can have issues if it’s old. Over time, parts like rubber seals, belts, and electronics degrade, even if the car isn’t driven much. An older car may also lack modern safety features found in newer cars, which can affect its long-term usability.
What is the best mileage to buy a second hand car?
To assess a used car’s mileage, multiply its age by 10,000. For example, a five-year-old car should have no more than 50,000 miles. If it’s significantly higher than this, investigate the car’s service and MoT history. Keep in mind that “high mileage” can vary depending on the car’s make, model, and condition. To determine if a used car has good mileage, divide the odometer reading by the car’s age. For example, if you’re looking at a 5-year-old car, a good mileage range would be between 50,000 and 60,000 miles.For Used Cars, What’s the Optimal Mileage to Look For? For the most part, you want to look for low mileage used cars. There’s no rule to how many miles on a used car is too much, but by attempting to stick to the 12,000 miles per year rule is a great place to start.