Quick Answer: What Is The Best Age To Buy A Used Car?

What is the sweet spot for buying a used car?

Saving Money by Buying in the Used-Car ‘Sweet Spot’ There’s a three-year-long “sweet spot” that starts with buying a used car that has already had its initial drop in value and ends with its sale or trade-in before it has another good-size depreciation hit..

Is it better to buy from a dealership?

a dealer: the price. Buying used is obviously cheaper than buying a new car. … Dealers have more overhead costs they need to cover, so they need to make a profit on the cars they sell. Private sellers, on the other hand, are usually more willing to negotiate and get the vehicle off their hands.

What do I need to know when buying a car from a dealer?

Here are 10 tips and strategies for making sure you get the best-quality vehicle at the lowest price.Think about financing. … Check your credit score. … Shop around. … Compare prices. … Research your trade-in’s value. … Test drive potential purchases. … Look at car histories. … Find repair records.More items…•

What are the top 5 used cars to buy?

Read on to see seven of the best used cars you can buy.Hyundai Sonata. Hyundai. A brand new Hyundai Sonata has a base MSRP of $22,500. … Kia Rio. Kia. … Toyota Corolla. Toyota. … Volkswagen Jetta. Nam Y. … Subaru Crosstrek. Subaru Media. … Kia Soul. Kia. … Ford Focus Electric. Ford.

What cars last the longest?

The longest-lasting cars and percentage of vehicles exceeding 200,000 miles are:Toyota Avalon, 2.5 percent.Honda Accord, 1.9 percent.Toyota Prius, 1.7 percent.Chevrolet Impala, 1.7 percent.Ford Taurus, 1.6 percent.Toyota Camry, 1.4 percent.Toyota Camry Hybrid, 1.2 percent.Honda Civic, 1.2 percent.

Does mileage matter on used cars?

The amount of miles on a car’s odometer is one of the most significant determining factors for the price of a used vehicle. The mileage is indicative of how much wear and tear has been put on the car. Therefore, a car with more miles will usually be less expensive than an identical car with fewer miles.

Can you negotiate a used car price?

Today, many shoppers negotiate for a used car by requesting quotes via email or even texting the owner. … Get the numbers: Look up the car’s current market value. Make the right opening offer: Keep your offer low, but realistic. Make a counteroffer: Sweeten the deal, but not too much.

What are the worst used cars?

The Worst Used Cars You Can Buy, According to Consumer Reports2012 Jeep Wrangler.2011 BMW 3 Series.2008 Mazda 5.2010 Dodge Challenger.2016 Toyota Tacoma.2009 Mini Cooper Clubman.2008 Ford F-350.2013 Tesla Model S.More items…

Is a 10 year old car too old?

Some suggest not buying a car that’s over 20 years old, as it can be more difficult to find parts for these vehicles if they’re needed down the road. … This means that the average 10-year old car has travelled around 200,000 kms – which is a lot of road-time and wear-and-tear.

How many miles is too much for a used car?

How many miles are too many? Really, it depends on a lot of factors but, if in doubt, shoot for the 12,000-mile/year average. Even so, don’t be afraid of cars that are outside of this range, provided the used car in question has been well maintained and there are records to show that.

What is the best mileage to buy a used car?

What Is Good Mileage for a Used Car? Mileage will vary between vehicles, but a decent rule of thumb to follow is that people drive an average of about 12,000 miles a year. Therefore, 120,000 miles would be a good mileage for a used car that’s about 10 years old.

What used cars NOT to buy?

30 Used Cars Consumer Reports Gave the ‘Never Buy’ LabelChrysler Town & Country. Chrysler’s new minivan will hopefully rate better than Town & Country. … BMW X5. 2012 BMW X5 | BMW. … Ford Fiesta. Compact cars by Ford had a bad run between 2011 and 2014 | Ford. … Ram 1500. 2015 Ram 1500 | Ram. … Volkswagen Jetta. VW Jetta | Volkswagen. … Cadillac Escalade. … Audi Q7. … Fiat 500.More items…•

Is it better to buy an older car with low miles?

Age Matters, Too 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.

How do you know if your buying a good used car?

Try watching this video on www.youtube.com, or enable JavaScript if it is disabled in your browser.Inspect the Car’s Exterior and Interior. … Go for a Test Drive. … Consider the Mileage. … Check for Leaks. … Have a Mechanic Inspect It. … Determine a Fair Purchase Price. … Do Your Research. … Consider a Certified Pre-Owned Vehicle.More items…•

Is a 20 year old car too old?

Twenty year old cars will likely be in pretty good condition, so long as the car spent its life in a salt free state and was maintained and garaged. You can always tell a garaged car, the paintwork will be original and still fresh looking.