Does the mileages matter ?

[immiq]

What is the name of your state? AL
Hi, when determination of the value of the vehicle, does the mileages matter besides the vehicle make and model? Should one search all the vehicles regardless of the mileages or only those vehicles that have the same or closer mileages?

 

[Zigner]

What is the name of your state? AL
Hi, when determination of the value of the vehicle, does the mileages matter besides the vehicle make and model? Should one search all the vehicles regardless of the mileages or only those vehicles that have the same or closer mileages?

Assume you are thinking of buying two cars. One has 25,000 miles, the other has 125,000 miles. Which would you expect to pay more for?

 

[ecmst12]

Mileage matters a LOT, it's probably the most influential factor in determining a car's value compared with others of the same year/make/model. When searching for similar cars to compare, you don't have to only look for cars with the same mileage but if all that can be found is cars with lower mileage, then an adjustment will be made representing the amount of value that your car loses due to the higher mileage.