How many miles are TOO many?

Authored on on 02-08-2021 by Lu Etchells

If you’re looking to sell your current car, either outright or as a part exchange on a new model, the first thing you’re going to want to do is find out how much it’s actually worth.  Whilst there are many factors that impact the value of any vehicle, one of the most common, and the easiest to establish, is the mileage.

 

Cars with higher mileage are often seen as being less desirable.  A car that’s done 100,000 miles would generally have more wear and tear than a vehicle that’s done 10,000 miles.  However, it’s not just a case of how many miles a vehicle has done that causes a reduction in the value.

 

What’s considered “high” mileage?

Generally speaking, the average number of miles you’d expect to do in any vehicle per year is around the 12,000 mark.  Anything lower than this will be considered low mileage, whilst anything above it would be considered high.

 

Therefore, the age of the vehicle i.e. how long it’s actually been on the road, is key to determining whether it is a high or low mileage car.

 

For example, if you have a two-year-old vehicle with 30,000 miles on the clock, this would equate to an average of 15,000 miles per year.  Clearly, that’s a higher than average number of miles for the time period.

 

However, if you have a seven year old vehicle with 70,000 miles this would be a low mileage vehicle, as it only averages 10,000 miles per year.

 

The total number of miles, in this case, really doesn’t show the full story.

 

So, what is a good mileage for a vehicle?

 

If we know what the two ends of the scale are, surely there’s a sweet spot right in the middle that’s an ideal number of miles for a vehicle?

 

Again, it’s not actually that simple and will depend on a lot of other factors.

 

For example, an older car, with high mileage may have been meticulously looked after by its owner.  The car may have a full-service history, and has never experienced any issues above the standard wear and tear to be expected over the term of ownership.

 

Equally, a younger car may have been used as a company car, has done excessive miles in a shorter period of time and has been treated with slightly less care and attention.

 

Looking at the whole package is what will help determine whether a car is a bargain, or a potential lemon as far as you’re concerned.

 

It’s also important to consider what your requirements are.  If you’re planning on completing a higher than average number of miles per year, then it makes sense to buy a used car with a low starting mileage.  However, if you intend to use the vehicle for small trips around town, a higher mileage may not necessarily put you off.

 

iCashCars can help

 

Whether you’re looking to sell your current vehicle, or you’re in the market for a new used car, iCashCars can help.

 

To find out how much your current car could be worth, simply enter your details here.  We will provide you with the best possible price for your car, and help you with all associated paperwork, even clearing any outstanding finance you may have.

 

If you’re looking for a new vehicle, then we have a wide range of options for you, too.  Just let our friendly team know what you’re looking for, and we’ll get to work for you.  Give us a call on 0800 288 4966 and we will be happy to help.

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