Had a discussion with my fil about cars and he considers his 99 F150 to have high miles with 98k. We bought a 92 Aerostar with 90k and drove it to 140k, traded it on a 96 Explorer with 107k and drove it until it was totaled with 160k on the odo.
Our current 00 Taurus was purchased with 140k and now has 170k. It burns about 1 quart every 2500 miles and the only major repair was having the transmission rebuilt. FIL says we're running on borrowed time, but I fully expect to put 300k on the clock.
From watching used car prices over the years, it seems that there is still a negative bias on cars with over 100k - the prices drop on these cars. Fine by me, I'll buy them if they don't have any major issues.
What do you folks consider high mileage these days?
Our current 00 Taurus was purchased with 140k and now has 170k. It burns about 1 quart every 2500 miles and the only major repair was having the transmission rebuilt. FIL says we're running on borrowed time, but I fully expect to put 300k on the clock.
From watching used car prices over the years, it seems that there is still a negative bias on cars with over 100k - the prices drop on these cars. Fine by me, I'll buy them if they don't have any major issues.
What do you folks consider high mileage these days?