Quick Answer: How Old Should A Car Be When You Buy It?

Which old car is best to buy?

Best Second Hand Cars to Buy in IndiaMaruti Alto 800.

The first car in our list of Best Second-hand Cars to Buy in India is the Maruti Alto 800, which is also among the cheapest cars in India.

Maruti Swift.

Hyundai Elite i20.

Volkswagen Polo.

Maruti Dzire.

Maruti Ciaz.

Honda City.

Maruti Vitara Brezza.More items….

Should I buy a 20 year old car?

Reliability. If reliability is your top priority, you probably don’t want to buy a vehicle that’s too old. After all, the older a car is, the less reliable it’s likely to be, even if it’s a well-maintained, low-mileage vehicle, such as a Toyota or a Honda.

Is it worth buying a 3 year old car?

A used car that is two or three years old will already have taken a big depreciation hit, making it a better value. On average, a used car will already have lost 20 to 30 percent of its value in its first year and half its value by year three or four.

Is mileage more important than age?

Age Matters, Too But that’s not to say that age isn’t important. While mileage matters a lot, a car’s age can be just as big of a deal — and in some cases, it’s even more important than mileage. For instance: a 10- or 15-year old car with only 30,000 or 40,000 miles may be appealing.

How many miles should a 10 year old car have?

120,000 milesThe average ten-year-old car should have around 120,000 miles on the odometer, anything significantly more or less could indicate trouble brewing.

What is the most reliable 10 year old car?

2008 Honda Odyssey. $5,955 | U.S. News Score: 9.1/10 | Reliability: 4/5. … 2008 Mazda CX-9. $6,203 | U.S. News Score: 9.1/10 | Reliability: 5/5. … 2008 Honda Fit. $3,540 | U.S. News Score: 9.1/10 | Reliability: 5/5. … 2008 Mazda5. … 2008 Scion xB. … 2008 Jeep Grand Cherokee. … 2008 Honda Civic. … 2008 Kia Sorento.More items…•

Which cars last the longest?

See the full list of the longest-lasting car brands below:Toyota. Toyota Land Cruiser. Hollis Johnson/Business Insider.Honda. Honda Accord. … GMC. GMC Sierra Denali. … Chevrolet. Chevy Silverado. … Ford. Ford Mustang. … Lincoln. Lincoln Navigator. … Subaru. Subaru Crosstrek Limited. … Jeep. Jeep Wrangler Unlimited. … More items…•

What kind of car does Warren Buffett drive?

Cadillac XTSWarren Buffett Buffet drives a 2014 Cadillac XTS. The MSRP for a new one was $23,500. Before his 2014 Caddy, he owned a 2006 Cadillac DTS.

Should I buy a 10 year old car with low miles?

Generally OK In general, we think that low-mile used cars are a great decision, even if mileage seems unusually low. In other words, find a 10-year-old car with only 10,000 miles on the odometer, and you’re probably looking at a great buy rather than a wide range of potential problems down the line.

Why you should drive a cheap car?

Ten Reasons Why Buying a Cheap Used Car Is a Good IdeaIt’s cheap to buy. … You don’t care about damaging the paint or alloys. … You can use it for your dirty work. … You save money on fuel. … Depreciation is no longer an issue. … Low insurance costs. … It doubles as a winter beater. … Service and repair work are cheap.More items…•

Is a ten year old car too old?

New cars are so reliable that, on average, one could be expected to remain trouble free for years at a time. A five-year-old car may encounter a problem every three years. Even 10-year-old cars would only be expected to have a problem every 18 to 20 months on average.

What is the most unreliable car brand?

The list of the worst car brands for reliability:Land Rover Discovery Sport.Chrysler 200, Chrysler Sebring Convertible.Jaguar F-Pace.Volvo XC90.GMC Sierra 1500.Fiat 500L, Fiat 500X.Jeep Renegade.Dodge Dart, Dodge Journey.More items…•

What is the most reliable cheap used car?

2008 Scion xB. … 2011 Kia Soul. … Sponsored.2008 Honda Civic. … 2006 Toyota Corolla. … 2006 Honda Accord. … 2006 Toyota Camry. … 2005 Toyota Avalon. Topping our list of the best used cars under $5,000, the full-size Toyota Avalon offers a generous interior packed with so much luxury many owners consider the car to be almost Lexus-like.More items…

Is buying a 10 year old car worth it?

A well-maintained 10-year-old car could possibly be a better investment than a newer model which hasn’t been looked after. As a very general rule of thumb, a car is usually reliable up to 5 years providing it has been maintained.

What is the best age to buy a second hand car?

The optimal age at which to purchase a used car will decline if you maintain the car for longer. For a Honda Accord the optimal age is between five and ten years.

What used cars NOT to buy?

30 Used Cars Consumer Reports Gave the ‘Never Buy’ LabelChrysler Town & Country. Chrysler’s new minivan will hopefully rate better than Town & Country. … BMW X5. 2012 BMW X5 | BMW. … Ford Fiesta. Compact cars by Ford had a bad run between 2011 and 2014 | Ford. … Ram 1500. 2015 Ram 1500 | Ram. … Volkswagen Jetta. VW Jetta | Volkswagen. … Cadillac Escalade. … Audi Q7. … Fiat 500.More items…•

Should I buy a 15 year old car?

Buying an old car can be a disaster most of the time. Even the best cars develop problems as they rack up the miles. … As you can see, even a car less older than 15 years can have so many problems and can give you a major headache.