What Matters More in a Used Car: Mileage or Age? - Articles - Consumers Credit Union (2024)

Find the right balance that works for you.

When the time comes to purchase a used car, a familiar dilemma often arises: the battle between age and mileage. As potential buyers, we’re confronted with the question of whether an older car with low mileage is better than a newer car with higher mileage, or vice versa.

The Age Factor

Age, when considering used cars, encompasses not just the number of years the vehicle has been on the road, but also the effects of time on various components. A car that has been parked for an extended period might show signs of wear even if its odometer reads a relatively low mileage. Rubber components, such as belts and hoses, could have degraded, and internal fluids might have deteriorated, potentially leading to unexpected repairs.

Additionally, advancements in automotive technology have brought about improvements in safety features, fuel efficiency as well as informational and entertainment systems. An older car might lack these modern amenities and safety enhancements, making it less appealing compared to a newer model. However, it’s important to note that some vintage car enthusiasts actively seek out older vehicles for their novelty, charm and unique characteristics.

The Mileage Myth

Mileage, on the other hand, serves as a general indicator of a car’s usage and potential wear and tear. Lower mileage vehicles are often perceived as having less mechanical stress and thus are believed to have more life left in them. However, this isn’t always a straightforward equation. A car that has been predominantly driven on the highway might have less wear than a city-driven car with the same mileage due to the differences in driving conditions.

Modern engines are designed to last longer than those from previous decades. Regular maintenance and adherence to recommended service intervals play a crucial role in preserving the health of a vehicle, regardless of its mileage. Consulting maintenance records can offer valuable insights into the care the car has received.

Prioritizing the Factors

Ultimately, the decision to prioritize age or mileage depends on a variety of factors, including the car’s intended use, budget and personal preferences.

If reliability and safety are paramount, a newer car with moderate mileage might be the ideal choice. This ensures access to the latest safety features and improved fuel efficiency while minimizing the risks associated with aging components.

Conversely, if you’re a vintage car enthusiast or have a limited budget, an older vehicle with lower mileage could align with your goals. Conducting a thorough inspection and requesting maintenance records becomes even more critical in this scenario.

The Balanced Approach

Striking a balance between age and mileage often leads to the best outcomes. A well-maintained car, regardless of its age, can offer years of reliable service. Likewise, a low-mileage car that has been neglected or poorly maintained might end up costing more in repairs than a slightly older, well-maintained counterpart.

Whatever you decide, we’re here to help whenever you’re ready for your next Consumers auto loan.

All loans subject to approval. Rates, terms, and conditions are subject to change and may vary based on credit worthiness, qualifications, and collateral conditions. Federally insured by NCUA

What Matters More in a Used Car: Mileage or Age? - Articles - Consumers Credit Union (2024)

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