Is it OK to buy a 12 year old car?
Is it OK to buy a 12 year old car? Cars over 10 years old can still be reliable. Most vehicles can last well over a decade with proper care and maintenance. In fact, the average car on U.S. roads is now 12.5 years old, according to a study from S&P Global Mobility. Furthermore, a car doesn't really stop depreciating until it hits that 10-year mark.
What is the average lifespan of a car in the UK?
The UK company said the average age of a vehicle on British roads is now 8.7 years, more than a year older than it was a decade ago. In addition, while the average age of a car at scrappage is 13 years, the most recent industry data shows there are 8.4 million cars over 13 years old still running.
How many miles is too many for a used car?
Often, 100,000 miles is considered a cut-off point for used cars because older vehicles often start requiring more expensive and frequent maintenance when mileage exceeds 100,000.
Is a 10 year old car too old?
Cars over 10 years old can still be reliable. Most vehicles can last well over a decade with proper care and maintenance. In fact, the average car on U.S. roads is now 12.5 years old, according to a study from S&P Global Mobility. Furthermore, a car doesn't really stop depreciating until it hits that 10-year mark.