WebMileage vs. Age A newer car with high mileage may well be a better choice than much older, low-mileage cars. Make sure to take these factors into account when buying: A car that hasn’t been driven regularly will often have higher repair costs. WebMay 2, 2024 · While the average 10-year-old car may cost $600 a year to repair, the average Mercedes-Benz costs more than $1,500 a year to keep running at that age, and the …
What Matters More — Age or Mileage? instamotor
WebMileage vs. Age Low miles might not be everything, especially when you're talking about an older vehicle. Just because a car has only 30,000 miles on it, that doesn't mean it's going to run like a three-year-old vehicle. WebApr 15, 2024 · According to data from the Insurance Institute for Highway Safety reported by Value Penguin, drivers ages 16 to 19 have a 300 percent higher risk of an accident than … cs go valorant crosshair
What matters more - age or mileage? - Speak EV
WebJun 30, 2024 · High mileage would deduct a few K. I have a 2015 70D. In my mind, worth $25k. Just 2 years left on battery warranty. 92k miles. Depreciating at $3k a year roughly. I think there is a pretty good rational floor on a Model S. It is somewhere around $20k. My car is still fantastic in many ways and hard to beat at just $3k depreciation a year. WebSep 29, 2024 · However, we can all surely accept that a car could be a day old and in terrible condition (and therefore liable to bad depreciation) if it is rammed up the back by a lorry. Age and mileage are objective measures – 100,000 miles is 10x more than 10,000 miles. 20 years is double 10, and so on. Condition, on the other hand, is more subjective. WebMay 11, 2024 · We do around 80,000 miles a year, so we would go for a low mileage one. But as motorguy says, condition and service history are the deciding factor. I only do about 12000 miles a year now so I bought a high mileage 5yr old van. Still only got 120,000 on the clock so a good few years left in her yet. eachine ae 65