As the life of a vehicle, either new or used, is limited only by the number of miles placed on the engine and the care or maintenance a vehicle is given by its owner cars will wear down at different rates. However, by looking at the age of a vehicle and its mileage a buyer can know have a better idea of what a vehicle is worth and when they should consider selling their vehicle and replacing it.
As the average driver puts about 12,000 miles a year onto an engine it is advisable that buyers of used vehicles sell them after two years to hold as much value as possible in their trade in allowance and move to another used vehicle with fewer miles on the engine. If a used vehicle has 10,000 to 15,000 miles on the odometer when it is purchased it should have around between 32,000 and 40,000 miles on it after two years. Bu selling the car before it reaches the 50,000 mile mark the owner can expect to get more money for their car as either a trade in or selling it outright than they would if the car was allowed to reach the 50,000 mile mark.
By changing vehicles every two years the savvy used car buyer can stay relatively current with their car and enjoy lower mileage driving from vehicles that are still covered by the original manufacturers warranty. If an owner sells their car with some of the warranty still in effect they can negotiate a better price for their trade in and end up paying out less for a newer vehicle.
By buying used cars that have a low mileage the car buyer can avoid taking a hit on the first depreciation and sell their car before it comes up on the second big depreciation allowing the savvy car buyer to move in and out of a different vehicle ever two years and staying on an automotive bubble between the best purchase price and the best selling price.
Brent Brown Automotive Group (http://www.brentbrownauto.com/) is a Utah county car dealerships. Art Gib is a freelance writer.
Tags: investing, finance, used cars in provo, orem used vehicle