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Clever Dude
Clever Dude
Business
Brandon Marcus

A Car With 150,000 Miles for $8,000 or 50,000 Miles for $20,000: Which Is the Better Buy?

A Car With 150,000 Miles for $8,000 or 50,000 Miles for $20,000: Which Is the Better Buy?
A 150,000-mile car priced at $8,000 can compete with a 50,000-mile car costing $20,000 when maintenance history, condition, repair needs, and warranty coverage enter the comparison – Shutterstock

An $8,000 car with 150,000 miles and a $20,000 car with 50,000 miles create very different ownership bets. The cheaper car leaves $12,000 in your pocket, while the lower-mileage car gives you 100,000 fewer miles on the odometer.

That makes the decision more complicated than simply choosing the car with fewer miles. A well-maintained 150,000-mile vehicle can have a much clearer history than a neglected 50,000-mile car. Before choosing, look at what those miles cost you, what repairs the cars need now, and what each vehicle’s records reveal.

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