What mileage is too high for a used car?

When determining what mileage is too high for a used car, the answer varies as there are no rules to determine the exact number. However, 200,000 miles sets the limit as the highest miles on a used car.

How much do 1000 miles devalue a car?

About 1% of the car's value when new for every 1000 miles. It's a rough estimate, but for the first 5–7 years, cars generally depreciate about 10% per year, at about 12k miles per year. 1% is a pretty good approximation.

At what mileage do cars depreciate the most?

After about 40,000 miles, a car depreciates slowly and steadily. However, it dramatically depreciates during the first 20,000 miles.

At what mileage should I sell my car?

After about 40,000 miles, a car depreciates slowly and steadily. However, it dramatically depreciates during the first 20,000 miles.

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