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Used car purchasing: repairs vs mileage #4937247
11/27/18 10:01 PM
11/27/18 10:01 PM
Joined: Apr 2010
Posts: 222
Detroit
Kurtatron Offline OP
Kurtatron  Offline OP
Joined: Apr 2010
Posts: 222
Detroit
When I bought my used vehicle, I got it near 200k miles and with faded paint. The price was $2700. Years later I saw the same vehicle with 70k miles and with clean paint. But the price was $8000. Fast forward, I sank $3500 into the 200k vehicle I purchased due prior owner negligence. That 3.5k bought a low miles engine that has been running fine for nearly 2 years now. Other tidbits were replaced also, like engine mounts, water pump, etc.

What do you guys think is a better option? From 2 perspectives, financial and preference. Is it better to take a cheaper worn out car and use the extra money to budget repairs or spend the extra on a lower mile example? Financially, what’s better? Finances aside, which would you take?

Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937261
11/27/18 10:20 PM
11/27/18 10:20 PM
Joined: Jun 2003
Posts: 18,039
Deplorable in apple valley, ca
Chris142 Online content
Chris142  Online Content
Joined: Jun 2003
Posts: 18,039
Deplorable in apple valley, ca
There is more to it than lower miles. I would rather have a 200k car with maintenance records vs a 70k car with sludge in the engine.

With that said. My highschool years were spent buying a car with a bad engine or trans and replacing the bad part with a used one and driving that car into the ground.


02 Wrangler carlube 5w30
87 F250 traveler 15w40
07 fjcruiser Chevron 10w30
Z400 castrol T 10w40
Can am maveric edge 5w40
57 case tractor 15w40
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937301
11/27/18 11:30 PM
11/27/18 11:30 PM
Joined: Dec 2016
Posts: 7,466
Waco, TX
Linctex Offline
Linctex  Offline
Joined: Dec 2016
Posts: 7,466
Waco, TX
I bought my 2008 F150, 8 years old with 103,000 miles

It is now 10 years old with 176,000 miles

My ONLY repair: one alternator

I think 100,000 - 200,000 is the "sweet range" to buy a used vehicle (*IF* it is clean)

I paid $8,250 and it's still worth about $6,500 today.

That's 73,000 miles of use for less than $1,800 - - it is pretty hard to beat those economics


"The evidence demands a verdict".
(Re:VOA)"it's nearly impossible to actually know the particular additives that are in there at what concentrations."
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937316
11/27/18 11:59 PM
11/27/18 11:59 PM
Joined: Aug 2016
Posts: 342
Alberta
carviewsonic Offline
carviewsonic  Offline
Joined: Aug 2016
Posts: 342
Alberta
The most reliable and enjoyable 3 cars I've owned so far have been one owner (senior), low mileage (less than 40,000 miles), 8 to 12 years old, garage kept, and well cared for. The service records came with 2 out of 3 of them. I paid a 'premium for the year' price for them, but only about 20% or so of their original cost when new. They have all been very reliable.
Downside is that if the car is totalled, insurance doesn't care that the car was 'mint', and will just want to pay what a typical car of that year is worth (not much).
It can take quite a while (months) of scanning ads for the car you want, but the search can be kind of fun.
And of course you'll literally be driving a seniors car, which will have long since gone out of style. But I don't care, and take pride in having an older car in nice shape.


'18 Impala
'05 Park Avenue
'07 Honda Accord
'09 VStar 1300
Re: Used car purchasing: repairs vs mileage [Re: Chris142] #4937326
11/28/18 01:19 AM
11/28/18 01:19 AM
Joined: Jun 2014
Posts: 2,842
Phoenix, Arizona - USA
SirTanon Online content
SirTanon  Online Content
Joined: Jun 2014
Posts: 2,842
Phoenix, Arizona - USA
Originally Posted by Chris142
There is more to it than lower miles. I would rather have a 200k car with maintenance records vs a 70k car with sludge in the engine.


This, definitely. A well-maintained, high-mileage car, especially with records, and a seller who can tell you all about it, is absolutely a great choice. My Fusion may have 265,000 miles, but it looks great, and if I were to sell it today, whoever were to buy it would be getting a great car with plenty of longevity.

On the other side of the coin, I used to have an '89 Hyundai Excel years ago that was just a mess with only about 130,000 miles.


2010 Ford Fusion SE - 2.5 liter/6F35 Trans - 268,000mi
2014 Nissan Altima SL - 2.5 liter/CVT - 61,000mi
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937399
11/28/18 06:27 AM
11/28/18 06:27 AM
Joined: Apr 2018
Posts: 341
sioux falls south dakota
joekingcorvette Offline
joekingcorvette  Offline
Joined: Apr 2018
Posts: 341
sioux falls south dakota
Clean high mileage and well maintained is the ticket to saving the money. The most important factor is buy the correct dependable brand of vehicle to start with. A Toyota Corolla or a Honda Civic is going to be a way better risk than buying a vehicle that is prone to problems. I am not going to name any brands but there are a lot of them out there that are shakier than a Shakey's Pizza. LOL.


2005 Chevrolet Corvette
2014 Ford F-150 4x4 supercrew
2014 Jeep Grand Cherokee Limited (wifes)
2012 Honda Civic 4 door (my daily driver)
2007 Lund Tyee Grand Sport Mercury 115HP 9.8HP
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937437
11/28/18 07:17 AM
11/28/18 07:17 AM
Joined: Nov 2008
Posts: 12,877
NH
supton Offline
supton  Offline
Joined: Nov 2008
Posts: 12,877
NH
I think it's the luck of the draw. A vehicle with great records could have everything worn out on it all the same. And a vehicle with no records and lots of wear might refuse to quit.

I'm not sure how many examples you'd have to measure to get past anecdotal evidence--10? 100? Otherwise we're all just talking about our one or two examples and then trying to make rules out of them.

My last used car came with a couple of receipts for oil changes, tires and other bits. Not a complete stack. It motors on and doesn't care.

I also think there is a bit of luck involved in keeping said car from getting wrecked due to someone else's driving.

Anyhow. As a general rule of thumb, I'd rather save the money and go more worn, if only because things can fail at random--I'd hate to spend all my budget to get a great vehicle then have the trans drop out. But that's just a rule of thumb--I might elect to spend as much as possible up front, depending upon the exact case. It does work for some people, after all (Murphy's law isn't exact, sometimes you can actually get ahead--for a bit). But I'm not saying I'd buy a $100 vehicle and then drop engine, trans, etc only because I have a huge budget. I think I'd rather do my shopping on the basis of cost of potential repairs. Is the trans expensive or cheap to repair? Are junkyard motors common? Is there are a part which is NLA?


2011 Toyota Camry, base, 2.5L/6MT, 176k, hers
2010 Toyota Tundra DC, 4.6L/6AT, 145k, ours
1999 Toyota Camry LE, 2.2L/4AT, 199k, his
Re: Used car purchasing: repairs vs mileage [Re: carviewsonic] #4937441
11/28/18 07:22 AM
11/28/18 07:22 AM
Joined: Oct 2004
Posts: 8,477
Cincinnati, OH, USA
bullwinkle Online confused
bullwinkle  Online Confused
Joined: Oct 2004
Posts: 8,477
Cincinnati, OH, USA
Originally Posted by carviewsonic
The most reliable and enjoyable 3 cars I've owned so far have been one owner (senior), low mileage (less than 40,000 miles), 8 to 12 years old, garage kept, and well cared for. The service records came with 2 out of 3 of them. I paid a 'premium for the year' price for them, but only about 20% or so of their original cost when new. They have all been very reliable.
Downside is that if the car is totalled, insurance doesn't care that the car was 'mint', and will just want to pay what a typical car of that year is worth (not much).
It can take quite a while (months) of scanning ads for the car you want, but the search can be kind of fun.
And of course you'll literally be driving a seniors car, which will have long since gone out of style. But I don't care, and take pride in having an older car in nice shape.
Sounds like my MGM! I'm not as young as I used to be (54), but I don't care if people think it is a grandpa car or not, plus it will likely last until I am a grandpa!


06 Ram 3500 CTD 4X4(FG Venturi), 93 GMC C3500 6.2, 89 F-450 7.3, 98 XJ 4.0(XG8A), 05 xB(XG3600), 18 Transit 3.7, 03 Merc Grand Marquis 4.6 2V(XG2)
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937455
11/28/18 07:45 AM
11/28/18 07:45 AM
Joined: Dec 2009
Posts: 5,197
Tn.
CourierDriver Offline
CourierDriver  Offline
Joined: Dec 2009
Posts: 5,197
Tn.
check out Dave Ramsey talks on buying used cars on youtube,,,he has some good points,,,may tick you off though...


turn in your old jackets, shirts and other clothes to a Salvation Army or any homeless shelter this year...
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937463
11/28/18 07:55 AM
11/28/18 07:55 AM
Joined: Apr 2013
Posts: 183
Kevil,Ky
vwmaniaman Online content
vwmaniaman  Online Content
Joined: Apr 2013
Posts: 183
Kevil,Ky
My sister has a Lincoln Town Car with less than 10k miles on it. She had the dealer she bought it from service it 2 times each year until these last 2 years. It has been garaged its entire life. It drives and rides like a dream as you would expect. Wife wants to buy it from her and use it as her car. Only thing I know wrong with it is that it has a broken mirror on the passenger side that she snagged on something. Even my lawyer wants to buy it. It is 2005 model and has the leather interior that is like new also. Sister had her license jerked by state of Illinois so now it sees no miles unless I take her for groceries in it. These kind of cars in this condition are getting very hard to find in an age where every car has high mileage. I know my own truck now has 205K and runs like new.


Don't waste your time on a slipshod repair.
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937509
11/28/18 08:48 AM
11/28/18 08:48 AM
Joined: Feb 2011
Posts: 6,849
Hudson, NH
LeakySeals Offline
LeakySeals  Offline
Joined: Feb 2011
Posts: 6,849
Hudson, NH
IMO the environment means just as much as maintenance, etc. I plan on buying a high(er) mileage SUV from the south. Like Oklahoma or Texas. I wouldn't buy that same vehicle if it resided here in NH. Too much time in the salt. Majority around here wont pass inspection for rust issues over 200k. Too hard to work on.


06 Escalade 6.0L LQ9 AWD 165k M1 0w40
03 Maxima 3.5L POS 152k ST HM 10w30
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937564
11/28/18 09:32 AM
11/28/18 09:32 AM
Joined: Jan 2013
Posts: 2,273
Texas
WyrTwister Offline
WyrTwister  Offline
Joined: Jan 2013
Posts: 2,273
Texas
June of 2017 we purchased a 2006 Buick Lacrosse 3.8l with ~ 37,000 miles . Gave $ 6250 out the door . I would say it was / is in about 90 - 955 condition .

Tires 50% or better , brakes seem good . I replaced the infamous 3.8l plastic coolant elbows , tstat , heater & radiator hoses + added a gallon of 100% coolant . Dealer changed the oil before we took delivery . I vacuumed 4 quarts of Dexron 6 from the tranny & replaced with new synthetic .

Used a turkey basted on the brake and PS fluid .

So far , have not put enough miles on it for 2nd oil change ( 3000 mile OCI ) . We have been very pleased with it . Largely use it for a road car .

Gets 26 - 27 MPG or better on the road .

A/C & heater work .

We have been quite happy with it .


Wyr
God bless
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937576
11/28/18 09:41 AM
11/28/18 09:41 AM
Joined: Feb 2013
Posts: 228
st louis, mo
brages Offline
brages  Offline
Joined: Feb 2013
Posts: 228
st louis, mo
I have bought a few higher mileage vehicles (125k, 175k, 195k)... all have been great for me. If I had needed to replace the engine on any of them, I would not have felt like it was a good deal.

Generally, you get what you pay for... make sure what you are paying for is what is important to you... (comfort, style, status, peace of mind, performance, etc)

Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937642
11/28/18 10:40 AM
11/28/18 10:40 AM
Joined: Apr 2010
Posts: 222
Detroit
Kurtatron Offline OP
Kurtatron  Offline OP
Joined: Apr 2010
Posts: 222
Detroit
I know that it is a bigger risk when buying a higher miles car, in terms of break downs. Considering equal maintenance regiments, I think it’s usually better to get the cheaper car even with larger risk of headache, at least from a financial point. I have heard that saying that it is usually cheaper to fix than replace. Does that apply to buying older used vehicles also? Better to get a $2000 Camry with 200k miles than a $5000 Camry with 100k miles?

Re: Used car purchasing: repairs vs mileage [Re: CourierDriver] #4937649
11/28/18 10:42 AM
11/28/18 10:42 AM
Joined: Apr 2010
Posts: 222
Detroit
Kurtatron Offline OP
Kurtatron  Offline OP
Joined: Apr 2010
Posts: 222
Detroit

Originally Posted by CourierDriver
check out Dave Ramsey talks on buying used cars on youtube,,,he has some good points,,,may tick you off though...


What does he budget for cars? 20% of annual salary cash only?

Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937652
11/28/18 10:47 AM
11/28/18 10:47 AM
Joined: Apr 2017
Posts: 487
Utah, USA
28oz Offline
28oz  Offline
Joined: Apr 2017
Posts: 487
Utah, USA
Ditto on all the high mileage, but maintained cars. The average car payment in the US is now over $500 a month. With my "old and high mileage" vehicles, I don't spend near that much in an entire year on maintenance and the odd replaced part on each. Buying a decent used car is way better financially, IMO and experience.


-----------------
1990 Nissan 300zx - Pennzoil Platinum Euro 0W-40
2004 Nissan Quest - Pennzoil Platinum Euro 0W-40
2003 Ford Excursion 7.3 PSD - Rotella T6 5w-40
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937662
11/28/18 10:58 AM
11/28/18 10:58 AM
Joined: Jan 2013
Posts: 2,273
Texas
WyrTwister Offline
WyrTwister  Offline
Joined: Jan 2013
Posts: 2,273
Texas
A lot of that depends on if you can DIY the repairs . Makes a BIG financial difference . And try to buy parts at a reasonable price . ( I shop RockAuto.com & Advance Auto with the speed perks discount , and have the majority of the tooling )

Another consideration is your age and physical condition . I an rapidly reaching the point on both , where my DIY'ing will diminish .

We have purchased the last 3 cars by internet shopping . For example , a lower cost , older car with moderate miles ;

https://www.cargurus.com/Cars/inven...ampleListingsTitleLink#listing=225445421

Of course , when I was growing up , an American car was burning oil , enough to consider trading / replacing / overhauling by 100,000 miles . 160,000 is the most I have ever had on a car . Trany went out on a 1996 Chevy Lumina 4 door sedan . Car was not worth the repair . Ended up selling it for $ 300 . Motor was still OK . Never added a quart of oil to it .


Wyr
God bless
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937671
11/28/18 11:09 AM
11/28/18 11:09 AM
Joined: Sep 2018
Posts: 256
Michigan
Kjmack Offline
Kjmack  Offline
Joined: Sep 2018
Posts: 256
Michigan
If buying a used car more than 2 years old I think garage kept is a good idea if you car about appearance . So much rubber and plastic everywhere these days , plastic headlights , taillights etc. Myself I would never buy a car with over 20k .Why you ask , I do not agree with 10k OCI , and never will .

Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937701
11/28/18 11:30 AM
11/28/18 11:30 AM
Joined: Jan 2010
Posts: 954
Los Gatos, CA
JeffKeryk Offline
JeffKeryk  Offline
Joined: Jan 2010
Posts: 954
Los Gatos, CA
Another option is Hertz used cars. I have helped several friends get cars there, and all were good deals.
2017 Rogue, 2015 Altima, 2015 Sentra, 2016 Yaris (dinky car but drove well).

If you wanna go cheaper, I tend to look for Accords, as they seem to hold up well.

For higher end cars, of course you wanna be extra careful.
Earlier this year I bought a Lexus CPO (certified) 2013 GS350 F Sport for $22,300.
I wanted the CPO because these cars are loaded with electronic technology. If something goes, it is big bucks.
The CPO cars come with extended warranty.


2018 Tesla Model 3, Medium Range Battery
2018 Lexus RX450h
2013 Lexus GS350 F Sport
2006 Acura TSX
2001 Tundra Access Cab, 1998 Accord LX, 1968 Corvette L36 Roadster, 1965 Olds 4-4-2
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4937790
11/28/18 12:34 PM
11/28/18 12:34 PM
Joined: Jan 2017
Posts: 2,207
VW Fanboy Island
maxdustington Offline
maxdustington  Offline
Joined: Jan 2017
Posts: 2,207
VW Fanboy Island
Originally Posted by Kurtatron
When I bought my used vehicle, I got it near 200k miles and with faded paint. The price was $2700. Years later I saw the same vehicle with 70k miles and with clean paint. But the price was $8000. Fast forward, I sank $3500 into the 200k vehicle I purchased due prior owner negligence. That 3.5k bought a low miles engine that has been running fine for nearly 2 years now. Other tidbits were replaced also, like engine mounts, water pump, etc.

What do you guys think is a better option? From 2 perspectives, financial and preference. Is it better to take a cheaper worn out car and use the extra money to budget repairs or spend the extra on a lower mile example? Financially, what’s better? Finances aside, which would you take?
It depends, but if you do the work yourself then it is a no brainer, that is how you save money on cars. Buying something that is clapped out and on it's original suspension and timing belt at 150k miles is different than a newer car that the owner is trying to unload before it's next big service interval.

I guess it really depends on how much time or mileage you can get out of it versus how much you pay. If you are desperate and you think the car will pass emission/safety inspection easily even though it is in bad condition due to neglected maintenance, why not?

I wouldn't buy a $2700 car and pay a shop $3500 for repairs, that's a little ridiculous. Penny wise, pound foolish.


03 Jetta AWP/09A 205k kms
Edge 0W40 + Mann 719/30
Re: Used car purchasing: repairs vs mileage [Re: maxdustington] #4937843
11/28/18 01:29 PM
11/28/18 01:29 PM
Joined: Nov 2008
Posts: 12,877
NH
supton Offline
supton  Offline
Joined: Nov 2008
Posts: 12,877
NH
Originally Posted by maxdustington
I wouldn't buy a $2700 car and pay a shop $3500 for repairs, that's a little ridiculous. Penny wise, pound foolish.

Seems foolish but I could see it making sense, at least in some situation (every situation being unique). I picked up my Camry from $1,500 and put $1,500 into it. $1,200 or $1,300 was actual work, the rest was stereo & trailer hitch. Outside of welding the flexpipe ($200, ouch) the rest I did myself--mounted tires in order to save $70, timing belt and the oil pump seal, valve cover gasket, odds and ends. A shop would have charged over $3k I bet for what I did. All the same: 2 years and 54k, and counting.

I guess since most people couldn't do that out of pocket it changes the scenario, but I could see it working. Me, I could have written it off at any time as an experiment, so I guess it doesn't count--I was willing to gamble. Nothing ventured, nothing gained.


2011 Toyota Camry, base, 2.5L/6MT, 176k, hers
2010 Toyota Tundra DC, 4.6L/6AT, 145k, ours
1999 Toyota Camry LE, 2.2L/4AT, 199k, his
Re: Used car purchasing: repairs vs mileage [Re: supton] #4937938
11/28/18 03:03 PM
11/28/18 03:03 PM
Joined: May 2002
Posts: 21,293
Oakville, Ontario
Patman Offline
Patman  Offline
Joined: May 2002
Posts: 21,293
Oakville, Ontario
Originally Posted by supton
I think it's the luck of the draw.


I totally agree. A good friend of mine bought a 1999 Civic sedan many years ago for $150, it had about 60,000 miles on it and looked in rough shape. But he kept that car about 6 or 7 years, put about 300,000 miles on it, and spent maybe $1000 in repairs during that time. He could have kept driving it too, as it was still mechanically good but he got a newer car so that he could do Uber and Lyft.


2018 Corvette, 9k, M1 ESP Formula 5w30 & NAPA Gold
2006 Civic EX Coupe, 148k, PUP 5w20 & Fram Ultra
2010 BMW 328i X-Drive,111k, GC 0w40 & Fram Ultra

Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4940170
11/30/18 08:59 PM
11/30/18 08:59 PM
Joined: Dec 2006
Posts: 465
snow and sun
oliveoil Offline
oliveoil  Offline
Joined: Dec 2006
Posts: 465
snow and sun
It depends. I only look at moderate mileage with good records. Win win. I buy used. Drive them to the end.

Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4940651
12/01/18 11:42 AM
12/01/18 11:42 AM
Joined: Dec 2009
Posts: 5,197
Tn.
CourierDriver Offline
CourierDriver  Offline
Joined: Dec 2009
Posts: 5,197
Tn.
This is from Dave Ramsey on youtube.............his opinions.



turn in your old jackets, shirts and other clothes to a Salvation Army or any homeless shelter this year...
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4940844
12/01/18 03:33 PM
12/01/18 03:33 PM
Joined: Mar 2012
Posts: 231
PEARL River la
tiger862 Offline
tiger862  Offline
Joined: Mar 2012
Posts: 231
PEARL River la
I did cheap used cars for years as mechanic and drove for couple years then replaced when I found something better. Then back goes out so had to finance 06 Saturn in 2010 with 85k which wife loved SUV then recently needed electrical repairs which meant laying on back inside car or pay high dealership fees so I traded in for 18 Grand Caravan with 3k for 19k. Smartest thing I did was build credit up with overpriced Saturn so I could get vehicle with lower mileage and higher warranty. I did get 50k on Saturn in 8 years so hopefully Caravan will last


Tiger862
2018 Grand Caravan
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4944383
12/05/18 04:28 PM
12/05/18 04:28 PM
Joined: Dec 2014
Posts: 1,587
NY, USA, etc.
oilpsi2high Offline
oilpsi2high  Offline
Joined: Dec 2014
Posts: 1,587
NY, USA, etc.
The key is finding something with low miles AND maintenance records.

Even then, you need to have it inspected with a fine tooth comb for anything requiring replacing. Don't buy things that are rusted out.

I wouldn't hesitate to buy a low mileage vehicle from the northeast that's been oil sprayed and properly maintained.

I have two cars now - an older truck with low miles, and a newer car with higher miles. The newer car is at the point where it is always having something going wrong on it. Nothing major, but it's still annoying. The truck has been bulletproof (knock on wood) and rides like a new car.

On the flip side, my parents bought a low mileage but older car that ended up blowing a headgasket - it was 10 years old and never had the Dexcool coolant changed on it.

I personally wouldn't buy something with more than 100k on it unless it's a second vehicle and you have time to work on it. I try to find something driven ~ 5000 miles a year or so. YMMV.

Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4945199
12/06/18 03:53 PM
12/06/18 03:53 PM
Joined: Feb 2003
Posts: 7,852
Jupiter, Florida
Cujet Offline
Cujet  Offline
Joined: Feb 2003
Posts: 7,852
Jupiter, Florida
Do an honest cost per mile assessment.

You may find that a well purchased, reliable, brand new car is no more that 3-5 cents per mile more than a used car.

Keep in mind the capital costs of a vehicle are often well less than lifetime operational costs.

I think the very lowest cost option is to purchase a simple and robust vehicle new, and drive it until it’s totalled or the owner passes away.


People who count on their fingers should maintain a discreet silence.
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4945626
12/07/18 03:24 AM
12/07/18 03:24 AM
Joined: Jan 2016
Posts: 758
Nebraska
Duffyjr Offline
Duffyjr  Offline
Joined: Jan 2016
Posts: 758
Nebraska
Buy a used Buick, it's almost a guarantee that it was owned by a little ol' lady and gently used grin2


89 GMC Sierra VWB 5w30/TG3980
08 Lucerne CX Magnatec 5w30/TG3387A
02 DeVille VWB 5w30/CQ Blue
18 Toro Super Recycler T5 10w30
Re: Used car purchasing: repairs vs mileage [Re: Duffyjr] #4945636
12/07/18 04:57 AM
12/07/18 04:57 AM
Joined: Nov 2018
Posts: 178
Northern Indiana
Skippy722 Offline
Skippy722  Offline
Joined: Nov 2018
Posts: 178
Northern Indiana
Originally Posted by Duffyjr
Buy a used Buick, it's almost a guarantee that it was owned by a little ol' lady and gently used grin2


My friend has a 2000-2005 model LeSabre in high school... drove like it was on a cloud while 4 big 17-18 year old dudes screamed Adele from the top of their lungs with the 2 12” Kicker subs going through downtown. banana


2016 Chrysler 300S v6
2012 Dodge Caliber SXT
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4945838
12/07/18 10:56 AM
12/07/18 10:56 AM
Joined: Jun 2003
Posts: 33,788
ME
eljefino Offline
eljefino  Offline
Joined: Jun 2003
Posts: 33,788
ME
A new car has 5000 parts that could inexplicably fail. A 12 year old mass market car has ten things that are likely to go, and have beefed up replacement aftermarket parts that are cheaper than OE. When it goes, mechanics are already familiar with the job, and the diy guy has YouTube videos to help.

Re: Used car purchasing: repairs vs mileage [Re: Cujet] #4945912
12/07/18 12:35 PM
12/07/18 12:35 PM
Joined: Jun 2014
Posts: 2,842
Phoenix, Arizona - USA
SirTanon Online content
SirTanon  Online Content
Joined: Jun 2014
Posts: 2,842
Phoenix, Arizona - USA
Originally Posted by Cujet
Do an honest cost per mile assessment.

You may find that a well purchased, reliable, brand new car is no more that 3-5 cents per mile more than a used car.


Okay.. Let's carve that right down the middle and say 4 cents more/mile.

My daily driver has 266,000 miles on it. Going on your premise, above, that would equate to $10,640 extra spent.

Or, if we look at it another way, it was about $25,000 new. I paid $5,600 for it in 2014. That's nearly $20,000 less.


2010 Ford Fusion SE - 2.5 liter/6F35 Trans - 268,000mi
2014 Nissan Altima SL - 2.5 liter/CVT - 61,000mi
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4947790
12/09/18 09:44 PM
12/09/18 09:44 PM
Joined: Dec 2012
Posts: 1,464
New Mexico, USA
jimbrewer Offline
jimbrewer  Offline
Joined: Dec 2012
Posts: 1,464
New Mexico, USA
Sort of depends on your situation, doesn’t it? If you live three miles from work in a city/suburban situation, you have a lot more ability to take a chance than a guy who lives in the country and drives a lot of miles.

Also depends on market conditions at the moment you buy. Right now, there are few scenarios where a used 2 wd sedan wouldn’t be better than new. For a new 4x4 (basic trim) pickup truck, you might be better off with new if you plan to keep it a few years.

Re: Used car purchasing: repairs vs mileage [Re: SirTanon] #4948285
12/10/18 01:56 PM
12/10/18 01:56 PM
Joined: Feb 2003
Posts: 7,852
Jupiter, Florida
Cujet Offline
Cujet  Offline
Joined: Feb 2003
Posts: 7,852
Jupiter, Florida
Originally Posted by SirTanon
Originally Posted by Cujet
Do an honest cost per mile assessment.

You may find that a well purchased, reliable, brand new car is no more that 3-5 cents per mile more than a used car.


Okay.. Let's carve that right down the middle and say 4 cents more/mile.

My daily driver has 266,000 miles on it. Going on your premise, above, that would equate to $10,640 extra spent.

Or, if we look at it another way, it was about $25,000 new. I paid $5,600 for it in 2014. That's nearly $20,000 less.


Can one spend $20,000 less for the same $25,000 car?

Really we can't categorize the low cost of a used (up) car in a valid cost per mile comparison.

So, let's go back to my original statement. A valid cost per mile assessment includes operational costs. Operational costs are known to be higher when purchasing a used vehicle. In fact, operational costs are minimized when purchased new, retained for a long time, and maintained very well.

Please understand, I'm not here to claim that purchasing a new car is the right option. I am saying that cost per mile really does not vary by as much as people tend to think (by class of vehicle) The IRS allows 55 and 1/2 cents per mile, not because they feel like letting us keep our money. But because that's pretty close to real world operational costs for an average car. It is nowhere near close for modern trucks, which can cost as much as 50 cents per mile in capital costs alone!

Last edited by Cujet; 12/10/18 01:57 PM.

People who count on their fingers should maintain a discreet silence.
Re: Used car purchasing: repairs vs mileage [Re: eljefino] #4948289
12/10/18 01:59 PM
12/10/18 01:59 PM
Joined: Feb 2003
Posts: 7,852
Jupiter, Florida
Cujet Offline
Cujet  Offline
Joined: Feb 2003
Posts: 7,852
Jupiter, Florida
Originally Posted by eljefino
A new car has 5000 parts that could inexplicably fail. A 12 year old mass market car has ten things that are likely to go, and have beefed up replacement aftermarket parts that are cheaper than OE. When it goes, mechanics are already familiar with the job, and the diy guy has YouTube videos to help.



Not if you purchase a Toyota Yaris smile


People who count on their fingers should maintain a discreet silence.
Re: Used car purchasing: repairs vs mileage [Re: Cujet] #4948305
12/10/18 02:28 PM
12/10/18 02:28 PM
Joined: Nov 2018
Posts: 49
Florida
Traffic242 Offline
Traffic242  Offline
Joined: Nov 2018
Posts: 49
Florida
Originally Posted by Cujet
Originally Posted by eljefino
A new car has 5000 parts that could inexplicably fail. A 12 year old mass market car has ten things that are likely to go, and have beefed up replacement aftermarket parts that are cheaper than OE. When it goes, mechanics are already familiar with the job, and the diy guy has YouTube videos to help.



Not if you purchase a Toyota Yaris smile


Some people wouldn't be caught dead in a Yaris.


2016 Dodge Challenger SRT 6.4L 392 - Mahle/Mobile 1
2011 Chevy Silverado 4.8L - Mahle/Mobile 1
1995 Chevy Impala SS 5.7L LT-1 - Mahle/Mobile 1
1989 Plymouth Gran Fury AHB 5.9L 360 - Hastings/Mobile1
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4948585
12/10/18 08:43 PM
12/10/18 08:43 PM
Joined: May 2005
Posts: 1,904
Jupiter, Fl
CBR.worm Offline
CBR.worm  Offline
Joined: May 2005
Posts: 1,904
Jupiter, Fl
Things to keep in mind. Having owned more than a few cars that I bought new or with low mileage and took to 200K plus, you may not HAVE to do a lot of work to keep a vehicle on the road, but if you want to keep the car driving and riding and looking like new, a good amount of money will be spent over the years. At some point before 200K, you will need to at least start to replace bushings and tie rod ends and shocks and fans and maybe a repair or two. After some number of years, at least here in the south, your dashboard will crack or get sticky, your paint may fade, seats may tear. These all seem like minor things, but they add up. Right now I have one car and one truck that need their second new dashboard at almost $1K each (luckily, one of the originals was done under warranty) if I do the work. On the truck, the vinyl sides of the drivers seat is starting to crack.

The cost to maintain is still less than a new car, but I have not had any actual mechanical failures aside from a fan clutch and a couple of sensors, but the maintenance costs add up. A driveshaft here, bushings there, at some point the A/C might quit, or the transmission - at which point, the gamble has not paid off.


'06 Infiniti G35 Sedan 6MT - 170k
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4948675
12/10/18 10:20 PM
12/10/18 10:20 PM
Joined: Apr 2010
Posts: 222
Detroit
Kurtatron Offline OP
Kurtatron  Offline OP
Joined: Apr 2010
Posts: 222
Detroit
Makes me wonder if I should stock up car parts for my older cars. I am worried the parts won’t be available from the OEM for much longer. New cars are so insanely complex with electronics, I just don’t see them hanging around for 20 years like older cars did/do.

Repairs certainly “feel” more expensive than a newer car upfront cost, plus the feeling of sinking money into a car that’s worth so little is hard to accept.

Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4949196
12/11/18 04:46 PM
12/11/18 04:46 PM
Joined: Aug 2002
Posts: 14,631
Silicon Valley
PandaBear Offline
PandaBear  Offline
Joined: Aug 2002
Posts: 14,631
Silicon Valley
Depends on how much time you want to spend on "saving money".

Unless you buy a car that has been around for a while (i.e. only refreshed, and not the redesign year with new power train), with known history (i.e. fleet or CPO), and extended warranty, nothing is guaranteed. You can take an educated guess on how it will turn out, and usually be right.

For me I'd just get a lightly used still in warranty car or a new one if I don't have the time to deal with anything more than simple stuff (oil change, plugs, coolant, etc) for my main ride. I'd just want a boring cheap ride and spend my time elsewhere. Hyundai Elantra sounds pretty good to me with their 10 year warranty.


"You keep asking questions PandaBear and you'll end up a vegetarian like my wife" - Camu Mahubah
Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4975181
01/10/19 01:24 PM
01/10/19 01:24 PM
Joined: Jul 2003
Posts: 210
GA
Silver Offline
Silver  Offline
Joined: Jul 2003
Posts: 210
GA
What will make a huge difference is how much of the upkeep and repairs you can do on your own.

I bought a 2002 model Ford a few months ago for $2300. 96k miles. Real clean. I've since flushed nasty coolant, unstopped a heater core full of mud, replaced an oil pan gasket that required dropping y-pipe, replaced cam synchronizer and oil pressure sender. Mechanic wise all this probably would have been close to another $1000 but I'm into it for about $200 in parts so far. Definitely not worth $1000 in repairs but definitely worth $200. Problem is I'm almost gunshy with the thing, wondering what's going to tear up next.

Also, a great example of unexpected expense: the car infamously pings on anything other than 93 octane so add in the added cost of 93 over 87 in another vehicle. IThere's no obvious reason for it so I'm not willing to waste any money on it by throwing parts at it.

I believe one of the best things you can do when looking at a used car of any kind is finding a couple forums for that vehicle and reading about common issues. You'll find out Tauruses ping, CVT's fail, Chevy lifters tap, etc... smile

Re: Used car purchasing: repairs vs mileage [Re: Kurtatron] #4976042
01/11/19 12:01 PM
01/11/19 12:01 PM
Joined: Jan 2013
Posts: 2,273
Texas
WyrTwister Offline
WyrTwister  Offline
Joined: Jan 2013
Posts: 2,273
Texas
I think a lot of this depends on if you can DIY any repairs needed . As I get older , I am less able to do that .

Also , remember , the drive train is not the only thing to consider . Cars now a days contain a LOT of plastic and rubber parts . The rubber and plastic go down hill with age . No matter the miles .

June 2017 we purchased a 2006 Buick Lacrosse 3.8l with ~ 37,000 miles . Looked great , clearly garage kept . Little old lady car , but in this case car fax verified it . Good tires , brakes , heat / A/C , etc .

Told my wife , even if it did not turn out as hoped , we only had $ 6250 out the door , invested in it .

First thing , replaced the infamous plastic coolant elbows with metal ones , heater hoses , radiator hoses , tstat , belt ,filters . Turkey baster the PS & brake fluid . Suctioned 4 quarts of Dexron 6 out of it and put 4 quarts of synthetic Dexron 6 back in ( existing fluid looked good ) .

Dealer have changed the oil / filter with dino oil ( does not call for DEXOS ) .

Drained out 1 gallon of Dexcool when I had the lower radiator hose off , and replaced with a gallon of new Dexcool .

So , far , we have been very pleased with the car .

Use the online services such as carguru.com to find a good , older car . The Buick was cheap enough , we paid cash , no interest cost .

Best of luck to you .


Wyr
God bless
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