Although there is no official definition for high mileage, a vehicle with more than 100,000 miles would be considered a high-mileage vehicle. Some cars may be capable of reaching 200,000 miles or more.Continue Reading
Some older vehicles may be classified according to the amount of miles the car has been driven rather than the age of the vehicle. Odometers in older cars didn't even measure mileage beyond 99,999. Upon reaching such a high number, the odometer would simply start over at zero. Although mileage alone does not determine the value or condition of a car, it is a contributing factor. Many cars that have reached 100,000 miles have been properly maintained, allowing them to reach such a high number of miles.
As automotive technology improves, modern vehicles may last as long as 200,000 miles. In addition to technology, budget-conscious consumers are also hanging on to their vehicles for longer periods of time rather than getting rid of them to buy a new vehicle. Therefore, it may not be long before 200,000 miles is considered high mileage.Learn more about Buying & Selling
To sell a car, prepare the care for the buyer, establish an asking price and decide where to list the vehicle, according to DMV.org. Additionally, it's necessary to prepare all necessary paperwork, and evaluate the car’s marketability.Full Answer >
Spot flood damage on a vehicle by looking for rust spots inside the vehicle, new upholstery or upholstery that doesn't match the carpet, and making sure that the vehicle identification number on the dash matches the one on the door jam. Additionally, be wary of vehicle that's priced well below book value and check whether or not all the electrical components of the vehicle work.Full Answer >
Leasing a used car requires choosing a vehicle brand that finances used car leases, obtaining a lease quote for the car's new version to compare with the used car lease value, and finding a used car that meets your preferences, reports Edmunds.com. Try to find a certified pre-owned, or CPO, vehicle, and be flexible with your choices, as it may be difficult to find a used car with the exact set of features or colors you desire.Full Answer >
A car owner can trade in a car that was just purchased by taking it to a dealership and inquiring about the vehicle's trade-in value. If the vehicle to be traded still carries a loan, the loan must still be paid, but the specifics depend on how much is owed.Full Answer >