10 June 2022 19:55

New or Used Car Advice for Recent College Grad

What are 5 things you should think about or do when you buy a used car?

The seller is getting rid of the car for a reason.
7 Things You Must Do Before Buying a Used Car

  1. Define what you want and do your research. …
  2. Set your budget. …
  3. Consider all of your financing options.
  4. Run a Carfax report. …
  5. Do a test drive. …
  6. Get the car inspected. …
  7. Be prepared to walk away.

What are 3 things to think about when you are buying a new car?

7 Important Things to Consider Before Buying a New Car

  • Review Your Budget. …
  • Determine Your Needs and Wants. …
  • Research the Best Brands and Models. …
  • Keep Ongoing Costs in Mind. …
  • Get Insurance Quotes. …
  • Check Your Credit. …
  • Consider an AutoDraft.

What are the four factors to consider when deciding between a new and used car?

Four factors to consider when deciding to buy a new or used car

  • Total Cost of Ownership (TCO)
  • Resale Value.
  • Technology and Features.
  • Choice.

How often should you but a new car?

Answer provided by

However, if you’re not a handy person and you wish to avoid as many maintenance costs as possible, it can be a good idea to get a new car every eight years or so.

What should you not do when buying a used car?

If you don’t like the deal, there is nothing wrong with walking away.

  1. Failing to Line up Financing Before Shopping.
  2. Shopping Based on Monthly Payments Alone.
  3. Foregoing the Test Drive.
  4. Not Having the Car Checked by a Mechanic.
  5. Making Initial Negotiations in Person.
  6. Buying Based on Looks.
  7. Not Running a Vehicle History Report.

What questions should I ask the dealer when buying a new car?

According to Esurance, there are a few questions you can ask whether you are buying new or used:

  • Is the car on the lot? …
  • What is the actual price? …
  • Does it have any aftermarket equipment? …
  • What is the mileage? …
  • What are acceptable payment terms? …
  • What does the warranty cover and how long is it?

At what mileage should I replace my car?

A car with 100,000 miles is no longer the maximum life expectancy for a vehicle. If you keep up with routine maintenance, you could push your vehicle to well over 200,000 miles.

Should you change your car every 3 years?

Buying new every 3 years is only for those who don’t pay the bills! Makes sense if you have a 3 yr PCP and change every 3 yrs,cheapest and easiest way of driving a new car under factory warranty. Not only the warranty but also no MOT and usually no tyres.

How many years should you keep a new car?

about six years

Many car owners make the mistake of assuming that they need to replace their vehicles every few years. The average age of a vehicle on the road is about 11 years, but most drivers keep a car for about six years. Here are some factors to consider when deciding if it’s time for a newer model.

Is mileage more important than age?

Reliability fades with age

Even when mileage is low, the older a car gets, the less reliable it becomes. Modern cars are much more reliable, even as they age. Five-year-old cars record what is considered a major problem every three years, while 10-year-old cars are more likely to face a problem every 18 to 20 months.

What is the most reliable car of all time?

What are the Most Reliable Cars of All Time?

  • Honda Civic. Honda’s sales today may not compare to the likes of Toyota or Volkswagen, but it is still one of the world’s leading automobile and motorcycle manufacturers. …
  • Honda Accord. …
  • Honda CR-V. …
  • Toyota Camry. …
  • Toyota Corolla. …
  • Mazda MX-5. …
  • Mazda 3. …
  • Lexus LS 400.

What car has the longest-lasting engine?

Longest-Lasting Car Brands

Longest-Lasting Car Brands to Reach 200,000 Miles- iSeeCars Study
Rank Model % of Cars Over 200k Miles
1 Toyota 2.0%
2 Honda 1.6%
3 Chevrolet 1.5%

What car has the least amount of problems?

Here are nine cars for your consideration with the fewest problems.

  • Toyota Corolla (Top-rated compact car) …
  • Hyundai Sonata (Top-rated midsize car) …
  • Chevrolet Impala (Top-rated large car) …
  • Buick Envision (Top-rated compact SUV) …
  • Hyundai Sante Fe (Top-rated midsize SUV) …
  • Chevrolet Suburban (Top-rated large SUV)

What is a good mileage for a used car?

To work out what is good mileage for a used car, simply take the average of 10,000 miles and times that by the vehicle’s age. So, 50,000 miles for a 5-year-old car would be considered good mileage.

What is the most reliable high mileage car?

According to many reputable sources including Carfax, U.S. News, and Consumer Reports, these are some of the most reliable high mileage cars:

  • Subaru Legacy/Outback.
  • Toyota Tacoma.
  • Lexus RX 350.
  • Toyota 4Runner.
  • Ford F-150.
  • Subaru Forester.
  • Honda CR-V.
  • Jeep Cherokee.

What mileage is too high for a used car?

There’s no absolute number of miles that is too many for a used car. But consider 200,000 as an upper limit, a threshold where even modern cars begin to succumb to the years of wear and tear.

Which used cars last the longest?

The company found that models from Toyota, Honda, and GMC were the most likely to last for at least 200,000 miles. German luxury cars from Porsche, Audi, and BMW were some of the least likely to be sold with 200,000 miles on the odometer, according to iSeeCars.com.

Do SUVs last longer than cars?

While there’s no empirical evidence to prove that SUVs generally last longer than cars, most of the longest-lasting vehicles are SUVs built by Japanese automaker Toyota. The Toyota Avalon and Toyota Prius are among some of the longest-lasting vehicles.

What brand of SUV lasts the longest?

Toyotas and full-size SUVs are the longest-lasting vehicles that are most likely to reach 200,000 miles or more, according to a new study by automotive research firm and car search engine iSeeCars.com.

What is the most reliable used midsize SUV?

These Are The 10 Most Reliable Used Midsize SUVs

  • 8 Lexus RX.
  • 7 Acura MDX.
  • 6 Hyundai Veracruz.
  • 5 Toyota Highlander.
  • 4 Mitsubishi Endeavor.
  • 3 Toyota Venza.
  • 2 Hyundai Santa Fe Sport.
  • 1 Mazda CX-5.

What SUV lasts 300000 miles?

These Vehicles Are The Most Likely To Reach Over 300k Miles

  • Toyota Tundra – .2%
  • Toyota 4Runner – .2%
  • GMC Yukon XL – .2%
  • Chevy Suburban – .2%
  • Ford Expedition – .2%
  • Toyota Sequoia – .4%
  • Toyota Land Cruiser – 1.5%

Is Honda more reliable than Toyota?

When looking at the safety and reliability of the vehicles between each brand, Toyota and Honda vehicles all score relatively high. However, Toyota comes out ahead in reliability whereas Honda has better safety rating averages among their vehicles – including the used Honda SUVs.

What is the most reliable high mileage SUV?

SUVs dominate list of cars most likely to last 200,000 miles

  • Toyota Sequoia – 7.4 percent.
  • Chevrolet Suburban – 5 percent.
  • Ford Expedition – 5 percent.
  • GMC Yukon XL – 4 percent.
  • Toyota 4Runner – 3.9 percent.