The last time you thought about buying a used car, what was the first thing you wanted to know? Chances are, it was its mileage. While it's natural to assume that lower mileage automatically equals a better deal, the relationship between used car mileage and value is more complex than many realize. So how much does mileage actually impact a car’s value?
Today, Race Auto Group is here to debunk common myths and misconceptions about used car mileage value, so whichever RAG dealership you're at – be it Halifax, Truro, Lower Sackville, or elsewhere – you can make an informed decision.
Myth vs. Fact: Understanding Used Car Mileage Value
Many used car buyers place a heavy emphasis on mileage, yet there are several factors to consider beyond the odometer. Let’s dive into some common misconceptions and get to the heart of used car mileage value:
Myth 1: Low Mileage Always Means a Better Car
Okay, so low mileage often means less wear and tear, true. But it’s not the be-all and end-all. It doesn’t always equate to quality, for instance. A used car with low mileage could still have been poorly maintained, which may lead to unexpected repairs. Additionally, vehicles that sit idle for extended periods can develop issues with components (think: battery, tires, seals…)
At Race Auto Group, every vehicle undergoes a rigorous inspection to ensure it’s in excellent condition before it hits our lot. This means you can trust the quality of any vehicle – regardless of mileage – you find in our dealership.
Fact: A Well-Maintained Car Holds Its Value Better, Regardless of Mileage
Maintenance history is often more important than mileage alone. Vehicles that have received consistent care tend to retain their value much better in the long run.
Race Auto Group’s certified pre-owned inventory includes vehicles that have been thoroughly inspected and come with detailed maintenance records. For you, that means 100% confidence that the vehicle’s value isn’t solely defined by its mileage but by its overall condition.
Myth 2: High Mileage Cars Are Always Priced Lower
Again, not true. Consider all the other factors that go into valuing a vehicle: age, model, brand reliability, usage type… the list goes on. For example, cars from manufacturers known for durability often hold value well – even with higher mileage.
Our wide selection of quality pre-owned cars across Nova Scotia are priced fairly based on a variety of factors, not just mileage. We strive to provide vehicles that balance both quality and value for every customer.
Fact: City vs. Highway Miles Affect Used Car Mileage Value
It’s not just mileage, but how that mileage was incurred that matters most. City driving, with frequent stops and starts, can cause more wear on the brakes and engine. Highway miles, on the other hand, with their consistent speeds, are generally gentler on the vehicle.
When you’re checking out a car’s mileage, always ask about the type of driving it’s seen. Our sales team at Race Auto Group is here to provide you with details about each vehicle's history so you can feel confident in your choice.
Find High-Quality Used Cars with Race Auto Group
So, the next time you’re at a Race Auto Group dealership in Halifax, Truro, Lower Sackville, or elsewhere in Nova Scotia, take the time to think about mileage. At Race Auto Group, we’re committed to providing Nova Scotia drivers with a selection of well-maintained, reliable used vehicles that fit any lifestyle and budget. Don’t forget: we offer flexible financing, too, so you can shop with confidence.
Ready to hit the road? Visit us at Race Auto Group or get in touch with our experts to see what our inventory has on offer today!
Frequently Asked Questions
Something we left out? Explore our most frequently asked questions about the impact of mileage on used car value here:
Does mileage impact insurance costs?
Yes, but only slightly. Insurance companies consider factors like age, make, and model more heavily.
Can a high-mileage car be a good choice?
Absolutely. A well-maintained high-mileage car can provide years of reliable service. Cars built for durability are excellent examples of high-mileage value.
How can I verify a used car’s mileage?
Most vehicles have digital records that track mileage over time. And remember that reputable dealerships like Race Auto Group can provide a full vehicle history report.
Is it better to buy a car based on mileage or condition?
Both are important, but condition is often a better indicator of a car's current value. Regular maintenance and a clean history are more valuable than mileage alone.
