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.