Buying Older, Used Cars Today: A Simple Guide
On February 16, 2025 By newsroom Topic: Automotive
With tighter inventories and rising prices, buying a used car in 2025 requires careful planning and consideration. Here's everything you need to know to make a smart purchase.
Key Facts About the Used Car Market in 2025
- High Mileage is the New Normal: Many dealerships now accept vehicles with over 150,000 miles due to tight inventories.
- Average Mileage: The average mileage of used cars sold in late 2024 was about 70,300 miles.
- Affordability Challenges: Vehicles under $15,000 are the hardest to find, while there’s better availability for cars priced over $35,000.
- Average Prices: The average price for used cars is $25,500, about $1,000 less than.
What to Know Before Buying a Used Car
1. Inspect Vehicle History and Recall Records
- Check for Recalls: Look up the model’s recall history for repetitive issues (e.g., engine, power steering, transmission).
- Costly Repairs to Watch: Timing belt replacement (~$1,000) and timing chain issues (~$2,000+).
- Get a Vehicle History Report: Use Carfax or AutoCheck to confirm accident history, repairs, and maintenance.
- Cost: ~$30 (AutoCheck) or ~$45 (Carfax) for a single report.
2. Consider Mileage vs. Age
- Older Vehicles (e.g., 10 years+):
- Look for rust, especially on the undercarriage and suspension.
- Inspect brake lines, shocks, and tires for wear and dry rot.
- High-Mileage Newer Cars:
- Many freeway miles (long trips) are less damaging than short trips (grocery runs).
- Frequent short trips can cause sludge buildup in engines due to contaminants and insufficient oil circulation.
3. Don’t Skip a Professional Inspection
- Inspection Costs:
- Alliance Inspection Management (AiM): $149–$399, includes AutoCheck reports.
- Some packages for classic cars (pre-1981) cost $199.
- Key Areas to Inspect:
- Rust on shock tower bolts and other fasteners under the hood.
- Undercarriage components exposed to salt (snow-prone areas).
Scenario Breakdown
Scenario 1: A 10-Year-Old, Low-Mileage "Cream Puff"
- Pros:
- Low mileage (e.g., 60,000 miles) means less wear and tear.
- Often priced attractively.
- Cons:
- Age-related issues like rust and failing radiators/heater cores may arise.
- Action Plan:
- Ensure regular maintenance history and inspect for rust and dry rot.
Scenario 2: A 2-Year-Old, High-Mileage Car
- Pros:
- Offers newer technology (e.g., adaptive cruise control, 360° cameras).
- Typically has warranty coverage remaining.
- Cons:
- 100,000 miles may indicate extensive use.
- Action Plan:
- Verify battery health (for hybrids/EVs) and confirm remaining warranty.
- Ensure proper maintenance records are available.
How to Evaluate Used Cars
1. Understand Maintenance Costs
- Well-maintained vehicles last longer.
- Inspect key components:
- Brake pads and rotors.
- Suspension systems.
- Shock absorbers.
- Tire tread depth (check for dry rot).
2. Highway Miles vs. Short Trips
- Highway Miles (Better):
- Fewer engine start-stop cycles reduce wear.
- Oil contaminants burn off due to extended driving at optimal temperatures.
- Short Trips (Riskier):
- Frequent starts stress the starter and engine components.
- Moisture and unburned fuel can cause sludge buildup.
Certified Pre-Owned (CPO) vs. Private Seller
- CPO Vehicles:
- Inspected and refurbished by the dealership.
- Often come with extended warranties.
- Private Sellers:
- Typically less expensive.
- May lack detailed maintenance and inspection records.
Used Car Market Trends
- Inventory Challenges:
- COVID-19’s Impact: With 8 million fewer cars produced during the pandemic, fewer vehicles are entering the used car market.
- Expect low inventories and high prices to persist.
- Demand vs. Price: Cars under $15,000 remain scarce, while luxury or tech-heavy used cars over $35,000 are more readily available.
Key Tips for Buying Older Used Cars
- Get an Inspection: Hire a certified mechanic or use a service like AiM.
- Research Models: Look up potential issues and known recalls.
- Review Maintenance Records: Prioritize well-maintained vehicles.
- Factor Location: Rust-prone areas (snow or coastal regions) may affect condition.
- Be Realistic: Older cars may require more frequent repairs.
FAQs
-
Is a 10-Year-Old Car Too Old?
Not if it’s well-maintained, free from rust, and inspected by a mechanic. -
What’s the Cost of a Used Car Inspection?
$149–$399 for a professional inspection, depending on the service. -
Are Used Cars Still Expensive?
Yes, the average used car costs $25,500, but prices are slightly lower than last year.
By keeping these considerations in mind, you can navigate the used car market effectively in 2025 and secure a vehicle that suits your needs and budget!
