Since cars with 100K miles or more cost significantly less money, its reasonable to save up and pay cash for them outright. At the same time, we posted a story yesterday that featured a few diesel pickups that have already crossed the 100,000-mile mark after only a year on the road. Enjoy banner ad-free browsing with SwedeSpeed - Volvo Performance Forum Plus. Timing belts are crucial to maintaining your engines operation. If you have the indications of poor maintenance and oil changes, then it may be a good idea to move to the next vehicle. Rods specialist sourced a factory-reconditioned engine and fitted it within a week. When purchasing a truck or an SUV, most owners can rely on those vehicles to stick around day in and day out. Related: The Most Reliable Cars To Buy For The 2022 Model Year. Still, one has to admit that the Honda Odyssey makes a worthy case for being a standout ride even if its tailored to families. Now, this may not be a big deal to everyone. This means that higher mileage cars are more likely to last you a long time. Insurance for high-mileage cars tends to be much cheaper. All rights reserved. Honda CR-V 2023: Prices, specs and release date, Councils paying more than 22m to drivers in pothole compensation, 2024 Volvo EX30: Prices, specs and release date, Drivers warned not to share dash cam footage online. On a car with 100k miles, this should have happened at least 3 times already. It's worth mentioning, as Autobytel notes, there's also a coupe edition available as well. This is amazing. Car Consumes oil since 45,000 miles at abnormally high rate. But I dont want to have to slave my life away working for a car. Directions They have less truck traffic and fewer speed restrictions. Cookie Notice You, and only you, are responsible for your financial decisions. I mean, how many times have you heard a car commercial say something like, the longest-lasting S.U.V. Important Recommendation:If youre shopping for car insurance, here at Be The Budget, we recommend getting afree quote from Liberty Mutual. What Does It Mean To Live On A Shoestring Budget? Would you buy a car with 693,000 miles on the clock? Rod added: By now, the car had done almost 700,000 miles and it was still running superbly on the clutch Id had fitted with the replacement engine. Older cars cost much less than new cars to register. While Chevy, Ford, and Ram devotees may beg to differ, the Honda Ridgeline isn't about to lie down at 100,000 miles or more. I never skimped on servicing but I avoided main dealers by using independents I got a much more personal service and I paid a lot less.. The Lexus RX 350 may not be the most popular SUV on the market today, but it's certainly one of the more dependable. He once owned a Nissan Cube and a Ferrari 360 Modena. They even report that 24% of owners are keeping their Foresters after a whole decade, which seems rarer these days. Here, we've identified a few related factors to consider when you're making a decision on a used car: The bottom line: When it comes time to choose a used car, the number on the odometer is just one of the things that you should be considering. Drivers from as far out as Lombard and Mount Prospect come to Patrick Volvo when they're on the hunt for a great value, but our team is here to help even if you end up going elsewhere. Those considering a 4Runner should be aware there's quite a large step needed in order to get into the vehicle. Reddit and its partners use cookies and similar technologies to provide you with a better experience. I recommend you research the type of car you think you might like and check out some local car dealerships and also Edmonds.com. In fact, not only is this a car that can easily surpass 100,000 miles but twice as much, as long as it's properly taken care of. According to Carfax, it comes with a 3.5-liter V6 that's powerful enough to weather any storm. Nissan may not have a history of making reliable cars, but consider the Nissan Maxima an exception to the rule. Searching around the internet and seeing problems people talk about concern me. You can see how long a car has been listed, which may give you some buying power if it has been on the show for a while. Like anything in life, there are two sides to every story. Although car enthusiasts couldn't relate to the Corolla's original slogan back when it launched in the '60s"The most wanted car by the market"it's still around. You dont have that control when paying with a check or draft. To combat this, I recommend staying away from luxury vehicles, which tend to be expensive to repair. We live in a society where we have to look good for others. Is It Safe To Use A Debit Card Online? However, if you're buying one and reliability is a big priority, we highly suggest that you check each model's reliability rating. Eventually, he quit his job to become a writer, largely because it meant that he no longer had to wear pants. Since lower-mileage used cars are often seen as better values, many sellers will add premiums to the vehicle's asking price. For some, buying a high-mileage car in particular, a car with over 100k miles might seem like a risky purchase. Are You Vulnerable? Lots of better options out there. Its a remarkable story, but just goes to show why you shouldnt discount something just because of its mileage. 1600 E. Higgins Rd. Should you even consider a car with 100k miles? Don't expect something more reliable here. I would recommend buying a car with 100k miles on the clock, many still have a ton of good years and miles in them. So, if you are saving to pay cash for your next set of wheels, you might be wondering,is buying a car with 100k miles a bad idea? It came down to buying the newest, lowest mile example in the best shape we could find. Being forced to go to work just to pay off a car, and not being able to put your health and happiness first. So when buying a high-mileage car, dont be too focused on a main dealer service history. Yes, maintained old Mercedes are. You could have a lot of repairs to take care of when you drive it home to Schaumburg or Mount Prospect. Buying a Certified Volvo XC60: 2019, 2020, or 2021. Get to know as much about your chosen model as possible. He is the co-founder of BeTheBudget, and Chipotle's most loyal customer. Even more, it shouldn't raise alarm, considering how the trucks are made and built to last. Besides, you won't have the benefits of the . Its also worth considering that these high-mileage cars are much cheaper than a low-mileage equivalent, so you can afford to spend some of the cash saved on repairs. Thats why a car with 100K miles can be so appealing; they are much less expensive. Is 100k miles too many to expect a few years of mostly problem free driving with one of these? The CR-V is not only one of Honda's best-selling cars but also a bestseller in the U.S., period. Another obvious disadvantage of older, high-mileage cars is that they tend to come with outdated technology. Rod said: I started a new career as a corporate chauffeur in 2001, and I leased a pre-registered S80 2.5D with fewer than 20 miles on the clock. But the reality is most people dont drive a new car. But mileage of 100k miles should not be a deal-breaker. And getting a $30,000 car without proper financial stability can be very bad. Lets be honest, the price of a brand new car has reached a level that almost forces the average American to take on debt to purchase it. 2016 you may run into the B5254T12 5 cylinder which will require a timing belt at 120k miles. How Reliable are Older Volvo XC60's with 100k+ Miles? Volvo Ads from car dealers and private sellers. It makes sense. The belt is typically changed at around 100k miles and while the technician is in there, they replace the water pump also. Those who pick up a Civic are certainly investing in the long term. It sorts cars by best value or a good deal. What would you recommend? Did you know that the value of a brand new car will decrease by 20% 30% in its first year? All car models have dedicated forums, they are a super valuable resource for research as the owners love to talk about their cars. I bought a Volvo S60 for 3000 9 years ago. Coolant needs to be changed every three years. And dont be put off by a car thats had lots of money spent on it, because big bills show its been cared for. That means a car with 100,000 miles on it, would last you more than 6 years if you drive 15,000 miles per year. Even more, a used car often doesn't come with a warranty or any way to protect owners in case it's a dud. We took it up and down the motorway from London to Essex for a weekend round of golf, navigated the congested stop-start central London streets and even used it as family transport over the Easter weekend. An expert technician can identify any problems. Of course, it would be amazing to float into a dealership and buy a new car. I'm looking to buy a 2011 Volvo XC60 petrol auto with 78,000 miles on the clock. Favorites 0 History 0 Compare 0. Some very important maintenance tasks need to be undertaken and the seller should have a complete service history either confirming this maintenance has been taken care of or indicating it needs to be done soon. A refurbished or used car has the possibility of getting labeled that dreaded term of being a "lemon." Guess what, they are selling for a little over $7,000. Hello readers of Oversteer and welcome to your latest round of Ask Doug, where you Ask Doug a question such as Dear Doug, what is a car? and Doug responds with an answer such as Please stop asking me questions.. Depending upon the state in which you live, the registration costs for a car with 100K miles or more will be significantly less than a low-mileage car. Petrol is unusual. Dont just believe the seller, even if its a local dealership, check your facts, order a VIN report and have a mechanic check it over. Even beyond its longevity are other notable traits worth acknowledging. As the miles go higher, the engines also deteriorate in performance. Got some cash to splash? If you are looking to save money on your next car purchase, buying a high-mileage car is a great way to do it. But it was looking a bit scruffy and its cosmetics would have put off many buyers never mind the mileage! Just take the 2001VW Golf1.9 TDi we tracked down, which is a true member of the High-Mile Club. Ill drive it for 5 years and then trace for another one. Here are some of the variables you'll want to consider: If you really want to be sure that you're making a smart decision, take the used vehicle into a local Chicagoland service center before you sign any paperwork. 3. The Japanese automaker has a reputation for building durable cars that last long. So for years, people thought 100,000 miles was still a reasonable figure at which to ditch a car and get a new one even if, in reality, it could last for much longer than that. Private seller or dealership. Yet new cars are so robust that there's not really any reason to worry - it's a good way of saving some money on the purchase price, unless there are clear signs that things like tyres and brakes haven't been changed. Hey, ImJohn Cunningham, a technical writer here at Rustyautos.com. All rights reserved.Auto Express is a registered trade mark. Your email address will not be published. It's got about 225k on it now. brake fluid attracts moisture and that can cause two problems, soft brake pedal and brake system corrosion, both are serious. At the risk of contradicting my previous point about the surprising reliability of high-mileage cars, the most obvious disadvantage of buying a car with 100K miles or more is that you may run into costly expenses. Never been any trouble, has electric windows, auto box, dual zone air con, 1300 audio upgrade (paid for by the original owner at new), heated seats, full leather interior and so on. "120k and up" -- most cars in this range (3.2 or T6) will need the big 10 year/150k service to r&r the serpentine belt, all pulleys and tensioners, and possibly the water pump. Doug DeMuro writes articles and makes videos, mainly about cars. To no one's surprise, there are plenty of Toyotas on this list, and the Camry is perhaps the most well known of them all. Top 10 with 150,000 to 199,999 miles. No, buying a car with 100K miles is not a bad idea. A vehicle with a well-documented maintenance history is almost always a better choice than an otherwise-comparable vehicle with fewer miles. This day and age, the 4Runner seems outdated compared with other SUVs and crossovers on the market today. With more than 100k miles, a car may soon be needing an overall engine replacement or overhauling. 2021 Volvo Xc40 1.5 T3 Munich, Bavaria, Germany Mi: 39,984 km Dodgy weather was also responsible for the Golfs only accident, when it slid on ice and damaged a door panel. However, if the vehicle has been properly maintained, the cutoff point for good mileage on a used car may actually be much higher! Here are some of the main benefits of buying a car with 100,000 miles: According to Kelley Blue Book, the average cost of a new car, as of January 2019, was $37,149? Required fields are marked. Privacy Policy. Brake lines are steel pipes that run the length of the vehicle and carry brake fluid and pressure in order to activate the brake calipers. In other words, if you want to save to buy a brand new car in cash, it will take an extremely long time. They are also safer than Hondas. Our 2005 Avalon, bought with 70k on it, last till 175k, when we sold it for a healthy chunk of change to buy a 4Runner. I am not too familiar with Volvos, I've been driving Hondas for the past couple decades, but am thinking about buying a used XC. Toyota engine is better than any other car ever. Buying any used car carries risk. They've even made efforts to add to recent models some of the modern tech like blind-spot cameras, according to Consumer Reports. OOYYO rating - see more Download Android application Car price comparison engine. Which, of course, brings us to the next question: How do you know which cars will last a long time and which ones wont? I have 13,500 to spend and am looking at a 2011/2012 Volvo XC60 D5 AWD start/stop with 70,000 miles on the clock and a 2013 Nissan X Trail 2.2 with 45,000 miles.. Can you recommend a cheap diesel for under 5,000? In fact, its one of the main selling points for certain cars these days. 1 High mileage XC90 reliability Hi, I'm looking at buying a used XC90 anywhere from a 2004 to a 2008 with between 80 and 100k miles. Then again, this might not be a big deal to you if youre just looking for a car that gets you from point A to point B. I calculated all the money I spent on the initial cost, the usual maintenance and big repairs, and calculated out that the car costs me 225/ month to operate. But, if youre newer to the world of driving, or have teenagers who are learning to drive, then buying a car with 100K miles on it might not be the best idea. Its going to cost an insurance company much less to replace an 8-10-year-old car than a brand new one. Buying a car like ours slightly used and then selling it maybe two years later before it passes the 100k mark can make sense when you can buy it for half of the sticker price (I bought my loaded $50k 2011 S60 T6 for $23,9 with only 9,000 miles on it in 2015, for example) and then you can sell it shortly thereafter without taking as much of a . The S80 proved a great buy as cheap, comfortable transport, though., The Volvo has now done 709,000 miles and has needed a new alternator, while the suspension has been overhauled. You're ready to visit Patrick Volvo Cars! Dougs work has been featured in a At What Mileage Should You Stay Away From a Car? Find a car for sale. If it has been changed already fantastic one, because its going to save you money but two because the seller has shown that they care for the car. According to U.S. News, in the category of reliability, it nearly received a "Better Than Most" rating. Buying from a reputable dealer is usually the least risky as theyll likely offer you at least a short warranty and buying from the classifieds usually represents the most risk since selling cars isnt presumably the sellers business and there wont be a warranty. . I guess thats just another reason to buy a high-mileage car. Here at Be The Budget, our goal is to to help and encourage others to form better financial habits and become the hero of their financial story. Or it may be your first car for heading off to college and you just dont have the credit history to get your own finance. The one I have looked at is an 08 XC90 with the 3.2 motor. It's one of the most durable pickups out there even if it's not the flashiest. Thats what Rod Green did or more accurately, its what his son did for him. For example, if you buy a 10-year old car with 100K miles on it for $8,000, you may only see it depreciate a thousand dollars per year; maybe even less. Consumer Reports notes the lack of options it offers when trying to configure the front seats to a comfortable position. . He just wants to know what mileage number he should use to start avoiding cars. Although it may not have as much assurance of hitting 100,000 miles like Honda's Odyssey does, the likelihood is strong it'll still be around and meeting one's needs even well beyond. Read Internet forums. Its easy to turn up and accept everything that is imparted to you, its harder to do the research but thats where success lays. A full service history can add value to your car: heres how to check it, and where to look for the information. Unless it's a nostalgic carryover from simpler times with someone thinking back on their youth, those who know cars have little place in their hearts for such an uninspiring vehicle. Doug DeMuro is an automotive journalist who has written for many online and magazine publications. lt was a very clean vehicle and seemed to drive nice. And dont be afraid to invest in a professional inspection.. These are the best new cars for under 400 per month, We join the RAC to find out how its patrols are adapting to the brave new world of electric vehicles with the latest technology designed to get strand, The Ford Puma ST provides the most fun its possible to have in a crossover, The popular Toyota Yaris supermini has also gained new technology and trim levels, Car auctions: the complete guide to buying a car at auction, Find out with our free car valuation tool. And not just 560,000 miles: 560,000 New York City miles! Between the lower purchase price, cheaper insurance, minimal depreciation, and low cost of registration, Im having a hard time finding a reason not to buy a car with over 100K miles. Maybe a lot of the cars posted for sale have 100,000 miles or more. Keep reading to find out what factors like condition, usage, and location mean in relation to used car mileage, so you can make the right decision when it's time to trade up. Read on to find out why you should. High-mileage cars come with a lower purchase price, which will allow you to save, pay cash, and avoid debt. And while I think the advantages of buying a car with 100K miles outweigh the disadvantages, its important to know both sides before making a decision. Related: This Is How Much A 2009 Toyota 4Runner Costs Today.