Best Age To Buy Used Car 🔥 Updated

While the 3-5 year range is popular, others argue for different strategies based on long-term ownership goals. Buying new can eliminate maintenance costs for nearly a decade. Conversely, purchasing a very reliable, long-lasting model to drive for over 20 years can eliminate the need to deal with the used car market every 3-5 years.

: New cars lose about 20% of their value in the first year and roughly 60% by the end of year five. Buying at age three allows you to avoid that initial massive loss. best age to buy used car

: A younger car with very high mileage (e.g., 3 years old with 90k miles) may have more mechanical wear than an older car with low mileage. Look for an average of 12,000 to 15,000 miles per year . While the 3-5 year range is popular, others