Can you buy a car with 5000 dollars?

Is a 10-year-old car too old?

When buying a used car that’s 10-years-old or older, your primary concerns are purchase price and reliability. Don’t pay more than that 10-year-old car is worth. And, pick a car with a solid reputation for dependability. No car is really too old if you follow those rules.

How old of a car should I buy?

In retaining “like new” quality and inheriting a slower depreciation rate, the best used car age for buying is 2-3 years. In fact, Americans are saving up to $14,000 on a 3-year-old vehicle. For example, a car that may have cost you $30,000 when new would cost around $16,000 after just 3 years.

Is 40000 miles a lot for a car?

And while 40,000 miles might be a lot to have driven within a year or two, at the end of the day, that’s still a pretty new car—and probably young enough that you’ll have some time before it runs into issues. If you’re looking at a used car that’s 3 or 4 years old and has 40,000 miles on the odometer, you’re cookin’.

Is 60k miles a lot?

Is a car with high mileage good?

Overall, a high-mileage vehicle that is driven frequently and has been well-maintained will be a more reliable bet. Modern technology means a longer vehicle life-span. At one time, 100,000 miles was considered a long life for a vehicle. Today, that same distance is considered mid-life for most cars.

Is 30000 miles a lot for a used car?

For most cars, it’s best to keep the odometer reading under 25,000 miles or so. Anything above that could make you look like a car that was driven for a long time when in reality the car might just have been driven to a service station along its last leg.

At what mileage should a car be replaced?

Standard cars in this day and age are expected to keep running up to 200,000 miles, while cars with electric engines are expected to last for up to 300,000 miles. Keeping a car that long has a lot of benefits, including the fact that it could save you a great deal of money.

Is low mileage better than age?

Reliability fades with age

Even when mileage is low, the older a car gets, the less reliable it becomes. Modern cars are much more reliable, even as they age. Five-year-old cars record what is considered a major problem every three years, while 10-year-old cars are more likely to face a problem every 18 to 20 months.

What is good mileage for a 14 year old car?

Does car age affect mileage?

Since there are so many factors that can have a negative effect on your vehicle’s gas mileage, maintenance is key to the engine’s performance, and vehicles were built differently in the past than they are today – we’re going to say that “gas mileage drops as a vehicle ages” is a myth!

Do cars still work after 200000 miles?

A conventional car can last for 200,000 miles. Some well-maintained car models will reach 300,000 or more miles total. The average passenger car age is currently around 12 years in the United States. Choosing a well-built make and model can help extend your car’s longevity.

Is 70k miles a lot?

Buying a car with 70,000 miles on it is risky because the engine and other basic parts of the car will be worn down from all the use. This tired part of the car has been running around for so many years that it’s likely to cause problems when they inevitably break.

Is 120 000 miles too much?

A wary buyer should use as a general rule of thumb that most cars are driven 12,000-15,000 miles per year. If a vehicle is 10 years of age, it should have between 120,000 miles and 150,000 miles on the odometer.

Is 200k too many miles?

Although it may have been well maintained, the purchase of a vehicle with over 200,000 miles on the odometer might lead to significant maintenance costs. At this point, the car is likely nearing the end of its useful life, and you may soon need to either invest a significant sum in repairs or replace it entirely.

Is 125 000 miles too much?

In terms of too many miles, over 100,000 to 125,000 should probably be your ceiling. Here’s why. Today’s cars tend to last at least eight years or 150,000 miles. Many can last longer.

How long will a car with 150k miles last?