Used Car Mileage Adjustment Table

Even if you buy an eight year old used car you ll lose more than 1 000 a year just on depreciation.

Used car mileage adjustment table. We recommend three car valuation guides that are popular with both consumers and auto industry experts. When to ask about low mileage discounts. For quick reference use your browser tool to save this page with a bookmark. Before you decide to buy a used car you should be aware of its used car price per mile used cars are less expensive than new ones because the previous owner s use of the vehicle may have resulted in problems that lower the car s quality of condition such as a lower number of miles per gallon scratches on the exterior or problems with the internal machinery of the vehicle.

The flip side of the second pro higher resale value is that it costs more sometimes a lot more to get into a low mileage used car. The definition of low mileage varies with each provider. Want to know more about our products. Now as noted if you re planning to keep the miles low once you own the car you might get most or all of your initial money back when you sell it particularly if the car has a strong following.

When it comes to a used car each of these guides will give you two numbers the wholesale value also known as the trade in value and the retail value. Car depreciation is an unavoidable part of vehicle ownership and the cost per mile to drive might actually be more than you think. Should a full history negate the need to do this. And certified pre owned cars cost as much as 3 000 more than similar non certified cars.

All current subscribers to nada used car guide products may sign in below. To experience the new nada values. However the mileage cap typically falls between 7 500 and 15 000 miles per year. What is the rule of thumb for adjusting a cars value if it is over the accepted average miles.

If your annual mileage generally does not exceed this range you should ask your car insurance company about a low mileage discount. Adjusting prices according to mileage.