How much mileage should a teen's first car have?
If you have a job $6,000.00 down + 4K to finance gets you a new +-10K car. It might not be a dream car but 4K will be paid in less than 36month with less than $200@ month. for a used car, mileage means little if the car was neglected in maintenance regardless of 30K miles or 150K miles. buy a car in good condition with out squeaks or odd sounds. 1. make sure that there are no leaks. 2. start the car early in the morning when its been sitting all night long. have someone look at the tail pipe if it smokes greenish+ blueish its burning oil so stay away from it. black smoke and its burning rich -> make sure it has new spark plugs + air filter + oil tune up. 3. make sure the engine is smooth and not shaking when its at idle or even running. 4. if automatic ask for maintenance records specially for tranny fluid + filter change. 5. any car over 60Kmiles and ask for timing belt + water pump replacement. if not done or unknown ask for a repair estimate on those 2 and deduct from selling price. 6. take car for a spin and make sure fans are working properly. if the car has AC both fans or 1 fan (if so) must be running at high speed until you turn the AC off. make sure cars is not overheating. 7. look underneath for a sign of any damage over the undercarriage, if the floor looks like it hit something stay away from it as well. use common sense a odd smell, something looking weird, feels different from a normal thing and that's a bad thing to have GL
Is a 1998 BMW 528i a good first car for a 16yr old?
they are reliable but an car that old with that many miles for $5,500 might be a bit much for you. With that many miles, there could be many things that go wrong and parts can be expensive. If you can turn a wrench and do the work yourself, you can avoid expensive mechanics. But if you have $5,500 to spend, I'd look for something else. I bought a 91 535i a few years ago that had 150K on it. I got it from a friend for only $800 but I have put a thousand in to it (parts) and have done almost all the work myself.
Is a ford escape a good first car for a teen?
My budget is $6500. What would you consider a lot of miles on say a 2003 ford escape? The lowest I've found on one in my budget is 100k but most have around 150k. Would you consider 150k high miles? Are they reliable? Like would it break down a lot and be expensive to repair? Gas mileage? Would a Honda CRV or a Toyota Rav4 be any better?
How many miles is too many for a used car?
I would think most people use a general rule of thumb. 10k miles is an average amount of miles put on a car per year, anything more would suggest the car is “overused” any thing less would suggest “recreational” vehicle. A overused car would suggest more wear and tear vs a recreational car would suggest well kept and maintained. Of course this is very subjective.But if we use this ratio though, then we look at the standard length of use of a car before it is deemed old by other standards (cosmetic, MPG, techie gadgets,etc.) that society in general has a consensus with, let’s say 10–15 years.We can then finally calculate a mileage of about 100–150k miles before a used car has to many miles. Obviously there are certain cars and certain circumstances that would change this value but again as a general rule of thumb
Should I buy a 2012 Dodge Charger with 150,000 miles but in good condition?
It depends on how you intend to drive it.At 150k, everything is likely to be worn out. 150k in 6 years is a lot of oil changes and probably missed oil changes, probably sludged up.Needs proof of oil changes every 7000 miles or less, or look very clean when you pull the oil cap.If you drive short distances and the vehicle is mechanically ok, then you could possibly get another ten years out of it.If you really want a Charger you are probably better off buying new if you want a base model or under 50k miles used with options.Chances are this one is trashed.
What is the best first car for my teen, for $100 K USD? He is paying for it. He wants to ask me what I would get personally, since I'm paying for everything else, and am matching one dollar to each dollar he makes.
Can I just say something? People - even rich people - who spend 100k, hell who even spend 20K for their teenager's car ought to be be in the old fashioned pillories, so folks can throw rotten fruit and old tomatoes at them.You don't want to spend that much money on a teenager, because you are sending the wrong message. The message you should be sending is, if you want a nice car, you have to buy yourself one. You have to earn it.But you want them to be safe.Buy them a used Volvo. Volvos are built like tanks. And they are pretty good cars. And they will usually go to 250K, no problem.But, in my humble opinion only, even if you are rich enough to spend 100k -hell even 20k - for your teenager's car, YOU SHOULDN'T! You are spoiling your kid.This is where parents who do things like this belong:Update: I see the question has been changed. Now the parent says the child is paying for the car, he just wants advice.Oh really. And where did the "child" get this money from? Trust fund?And whose money was that?I stick by my original answer. Spending 100K for a car is asinine, and countenancing it is bullshit - in my opinion. I remember a news story about Donald Trump getting furniture and things for his daughter when she started college - I think the Trumps were spotted at Target. I would bet that his answer would pretty much mirror mine.
Are mitsubishi eclipse good cars?
I am thinking about getting a 2004 mitsubishi eclipse spyder GS for my first car, it has 150k miles on it. I want to know if they are reliable and when they start breaking down
Is it bad to buy a car with over 100k mileage?
I am attaching a picture of the first car I owned. A 2004 Hyundai Sonata V6 that I bought in 2010 and I had it for around 18 months. It had 104,000 Miles on it when I got it for $4500 and it had 130,000 Miles on it when I sold it to a dealer for about $3700, when it was going to need a timing belt change soon.I ensured that the car was in good condition when I got it, the only money that I had to spend on it was for oil changes. Insurance was $65 or so per month. It was the top of the line model. Pretty powerful, handled reasonably well, leather seats, good AC and everything in the car worked. I have never owned a car since that was a better bargain or cost me lower per mile to drive. I even spotted it on the road a year or so later and it still seemed to be going good.Hitting 100,000 Miles is one of the most significant events in the history of a car with respect to depreciation. However, much like how a new car depreciates quite a bit the moment it is driven off the lot, the reason for such depreciation is more psychological than rational. There is no reason to believe a car with 101,000 is any less reliable than a car with 97,000 miles but they usually have a considerable price difference. This usually means, if you are careful about the vehicle you pick and ensure that the car in question has been maintained well throughout its life, a car that has just crossed 100,000 miles is among the best bargains you can find.Most cars that have been made in the last 15–20 years are very reliable machines. Even the brands not conventionally well known for making long lasting vehicles, like American, Korean car makers etc have made tremendous improvements in overall vehicle reliability and often offer much better deals than a Honda or a Toyota which depreciate slower due to their reputation for reliability.If you are in the market for a really cheap but still reasonably reliable car, cars with 100,000+ miles on them are an excellent place to start looking. The only caveats would be to ensure the particular vehicle you are considering is in good condition and you are fully aware of potential maintenance work or consumables that may fail in the near future and set aside enough money to be able to afford having such work done.
Ford escape for a first car for a teenager?
My budget is $6500. What would you consider a lot of miles on say a 2003 ford escape? The lowest I've found on one in my budget is 100k but most have around 150k. Would you consider 150k high miles? Are they reliable? Like would it break down a lot and be expensive to repair? Gas mileage? Would a Honda CRV or a Toyota Rav4 be any better?