At What Mileage Should I Sell My Car?

How can I sell my high mileage car?

If you have a high mileage vehicle to sell, call CarBuyerUSA.com.

At CarBuyerUSA, we pay top dollar for high mileage vehicles, especially if they are well maintained.

For an immediate cash offer on your high mileage used vehicle, call (888) 995-6498..

Does CarMax really give you KBB value?

CarMax sets their own used car values… so you can’t anticipate an offer by exploring Kelley Blue Book, eBay, Craigslist, etc. If the car has high mileage or is over 10 years old, don’t bother trying to sell it. You’re basically guaranteed to get a better offer elsewhere.

Is CarMax good to sell your car?

While the CarMax offer isn’t as much as you might get by selling it to a private party, selling it to the used car chain offers these advantages: It eliminates the expense of advertising your car and the hassle of showing your car to strangers. CarMax prices are usually higher than those that a dealer offers.

Can I trade in my car with high mileage?

Mileage. The higher the mileage, the lower the trade-in value. “Even if the vehicle’s condition is impeccable, an odometer reflecting high mileage may make a consumer less willing to purchase a car at a price acceptable to the dealership,” CD says.

Should I sell my car after 5 years?

Ideally around the 50,000 – 75,000 kilometre mark is the best time to sell your car, or about when your car is 3 – 5 years old. Most cars of this age are still covered by the manufacturer’s warranty which will attract more buyers. … Car manufacturers update their models every few years.

Is it worth buying car with high mileage?

It’s 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. … However, most buyers turn their noses up once there are 70,000 miles on the clock, although high-mileage cars can represent a real bargain.”

Is mileage or age of car more important?

While mileage matters a lot, a car’s age can be just as big of a deal — and in some cases, it’s even more important than mileage. For instance: a 10- or 15-year old car with only 30,000 or 40,000 miles may be appealing.

What mileage is too much for a used car?

Typically, putting 12,000 to 15,000 miles on your car per year is viewed as “average.” A car that is driven more than that is considered high-mileage. With proper maintenance, cars can have a life expectancy of about 200,000 miles.

Should I buy a car with 300 000 miles?

There is only so low a car goes in value. In general, buying a higher mileage newer is better than buying an older car with less miles. The reason for this is simple: parts in a car, especially the rubber components deteriorate over time, regardless of mileage. It’s entropy at work.

Can you negotiate price at CarMax?

CarMax’s brand is synonymous with transparency. The retailer has a no-haggle policy for used-vehicle prices and trade-in offers. CarMax gives free, no-obligation valuations and offers consumers a price that’s good for seven days. … Customers know what to expect at CarMax.

What should I do when my car hits 100k miles?

So it makes sense that replacing them with new and clean liquids will help to ensure that you can drive your car for another 100,000 miles. For most cars it is recommended that the oil, transmission fluid, coolant, power steering fluid, and brake fluid all get completely replaced.

When should I sell my car or repair it?

Edmunds offers a simple rule to follow: “If the cost of repairs is greater than either the value of the vehicle or one year’s worth of monthly payments, it’s time for another vehicle.” Remember, though, that repairing an old car is almost always cheaper than buying a new one.

Which cars last the longest?

See the full list of the longest-lasting car brands below:Toyota. Toyota Land Cruiser. Hollis Johnson/Business Insider.Honda. Honda Accord. … GMC. GMC Sierra Denali. … Chevrolet. Chevy Silverado. … Ford. Ford Mustang. … Lincoln. Lincoln Navigator. … Subaru. Subaru Crosstrek Limited. … Jeep. Jeep Wrangler Unlimited. … More items…•

Does CarMax pay well for cars?

The average unit garners a little less than $900 in profit. Subtract Carmax’s seller fee of about $200, and you’re looking at only about a $700 spread on average between what Carmax will offer you, and what a large free market will pay for your vehicle.

What is the best age to sell a car?

Most people offload their car at a certain age or mileage, regardless of whether or not it’s past its sell-by date. But that age and mileage is invariably at a point when the maximum money is lost and the car still has plenty more to give. Most cars are sold on at 3-5 years old, and 40,000-60,000 miles.

Should I buy a car with 150k miles?

In some cases, you can be fine buying a used car with 150,000 or even 200,000 miles on it, because maintenance helps them last far beyond what many people have come to expect. When considering mileage on a used car, don’t take it at face value. … We’ve seen upwards of 500,000 miles on cars from as far back as the 1970s.

When should you not trade in your car?

It is best not to trade in your vehicle when you purchased it very recently. As soon as you drive a new vehicle off the lot, it loses around 10 percent of its value and up to 20 percent of its value within the first year!

Do cars lose value after 100 000 miles?

Edmunds’ analysis reveals that vehicle values decline only incrementally between 100,000 and 150,000 miles, and the rate of depreciation is similar to the decline that occurs between 50,000 and 100,000 miles. “After about the first 40,000 miles, vehicles depreciate at a slow and steady pace.

How do you know when it’s time to sell your car?

One of the most telling signs that it’s time to sell your old car is when the amount of money you’re spending to maintain and repair it exceeds the estimated value of the car itself. For this reason, experts recommend that you keep track of what your car is worth, in addition to its expenses.

What is the best place to sell a used car?

Top 13 Sites to Buy and Sell Used CarsCars.com. This site is still the gold standard for auto sales because they syndicate their listings so widely, and they have a huge inventory. … AutoTrader. … eBay Motors. … Hemmings. … Facebook Marketplace. … CarGurus. … TrueCar. … Craigslist.More items…•

What mileage should you sell your car?

With this information in mind, consider selling your car while it still has fewer than 95,000 miles on it. By doing so, shoppers using online sites will find your car if they set mileage limits below the dreaded 100,000-mile mark.