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Is it bad to buy a used car with over 100k miles on it?
8th February 2011
Or does it depend on the make/model of the car or how well it’s maintained? I’ve seen alot of good used cars in my price range (3500-4500) but are over 100k miles. Please enlighten me!
Posted in: Auction FAQ | | Comments (10)
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depends on the car.have the vehicle that you are looking at by an independent ASE cert mechanic.make sure no salvage title and pull a carfax for detailed history.sold hundreds of cars with over 100k and many lasted 100k more-just be careful what you buy
Comment by cap — February 8, 2011 @ 9:04 am
No you can still drive the car for years with that much mileage
Comment by Greg B — February 8, 2011 @ 9:04 am
In that price range you won’t find much without 100K miles on it, but you are correct the make and maintenance record will weigh highly.
Comment by rottendog93 — February 8, 2011 @ 9:04 am
I just bought a Ford Focus used with 32,000 miles on it for $5,000. It’s like a new car. It depends on what kind of car it is and how it was driven and cared for. Many cars last 200,000 miles these days, but you will have a few things to repair from time to time and that can get very costly.
Comment by frank m — February 8, 2011 @ 9:04 am
it all depends on how it’s been treated.
estimate that a car gets driven 12 to 15,000 miles a year avg.
so any car thats 10 years old will likley be at or past 100K.
try to find cars that have good reliability scores and hopefully will need less repairs. just be aware that some money will need to be spent for serious repairs the closer you get to 200K
for $4,000
look for
98 Acura CL, 98 Ford Mustang V6, 98 Honda Accord or Civic, 98 Nissan Frontier or Pathfinder, 98 Subaru Impreza or Legacy, 98 -00 Toyota Corolla or Echo 00
these are all reliable and will last longer than other cars in this price range.
for around $6k an Acura Integra 98-99 is a great car.
Comment by chucksright — February 8, 2011 @ 9:04 am
I never have a problem buying a car with 100,000 on it. It does depend on how it has been maintained. Each car has scheduled maintainence, such as timing belts every 60,000 or 80,000 miles. Check what the manufacture recommends and the owners records. Its never bad to have a mechanic look at it. Also, blue book it an deduct any repairs from that price, that is about what it is worth. However, kbb or others may not be accurate but it can be a good guide.
I hope this helped.
Comment by Cody S — February 8, 2011 @ 9:04 am
Check the reliability of brands with Consumer Reports or other third party source. If you only buy the brands with excellent reliability, you could expect go get 150 to over 200 thousand miles.
Next, locate available cars from the group with excellent reliability. If not provided by the dealer, purchase a vehicle history on all the cars you consider purchasing to eliminate salvage, wrecked, lemon-law, or other problematic vehicles.
Use Edmunds.com to find the the current market value of cars of interest. The advertised dealer price will probably be $1000 or more above the market value.
Negotiate a fair price with the dealer – usually a lengthy and painful ordeal.
Before you sign the contract, have the vehicle inspected by a third party independent mechanic (about $100). If the brand you select uses a timing belt and it is original (have the mechanic check), you probably need to have it replaced (expensive $500 – $1200). Timing belt failure often creates enough damage that the engine must be rebuilt or replaced – cost could exceed the value of the car. Most manufacturers recommend timing belt replacement between 60K and 100K miles so replacement would probably be needed on the car you purchase.
Financing for vehicles over 100K miles is difficult to find and is expensive.
Comment by Used Car Guru — February 8, 2011 @ 9:04 am
There are a lot of answers on this forum for you but lets make it simple….first and foremost – take the car you want to buy to a very good mechanic for a checkup….have him check the trans, look for oil leaks – especially by the head gasket, check the brakes and run the air conditioning for about 10-12 minutes to make sure it blows cold the whole time……also have him examine the catalytic converter….a bad one will make the car run lousy…..there are plenty of good vehicles out there with 100K on them that will continue running fine……check kellybluebook.com to make sure the price is right for the vehicle…..a good check up will be about 30-50 dollars I would say. Good Luck…..
Comment by bigmikeumpire — February 8, 2011 @ 9:04 am
Well considering i own a 1994 gmc suburban with 400,000 miles on it, i don’t have problems buying cars wiht over 100,000 miles. Never had to replace anything on my suburban either… and i’m trying to sell it for a 1000$. Think it’ll sell? lol.
Comment by scanlon180 — February 8, 2011 @ 9:04 am
Well..there are no more YUGOS in the USA….lol
Comment by tommcarrolljr — February 8, 2011 @ 9:04 am