Age is Just a Number: How Old is Too Old for a Used Car?
Published Sep 30, 2023 • Last updated 10 hours ago • 4 minute read
When you’re considering buying a used car, it’s important to take the vehicle’s history and status into account. Buying used provides perks like lower prices, more variety in year, make, and model, and the opportunity to save on freight charges and sales tax depending on your location. However, many used car shoppers eventually ask themselves: how old is too old for a used car?
Factors to Consider
Here are some factors to consider:
Vehicle Safety
Newer, more expensive models typically have more safety features. If safety features are important to you, research when certain options became available and consider this when deciding which model years to look into.
Keep in mind that dual airbags were not legally mandated until 1998 and anti-lock brakes and side airbags only became common in the late 1990s and early 2000s. If these are features you prioritize, you may want to limit your search to vehicles made after these times.
Accident history is also something to consider. Get a Vehicle History Report to find out about the vehicle’s history, but keep in mind that if it has been in an accident, that doesn’t mean that it’s unsafe. Proper repairs by a reputable source may present an opportunity to get a higher-end vehicle at a lower price since damage history impacts value.
Dependability of Your Vehicle
Dependability can largely depend on how many kilometers the car has covered, as well as its make and model. Research the particular make and model you’re considering to find out how long it typically lasts and how much maintenance is required to keep it running smoothly.
Technology and Equipment
A newer-used car is typically a better choice for certain tech and luxury features than older models. Consider the availability of features like heated back seats, mobile interface, adaptive cruise control, and automatic climate control when deciding on the model year.
Car Warranty
Before buying a used car, check if it is still covered by the original manufacturer’s warranty. For vehicles that are more than 2-3 years old but still prioritize warranty, consider looking for a Certified Pre-Owned (CPO) vehicle. These cars usually have a decent warranty that can provide peace of mind.
In conclusion, there are many factors to consider when deciding how old is too old for a used car. Take into account the vehicle’s history, safety features, dependability, technology, and warranty. Get a Vehicle History Report, take the vehicle for a test drive, and have it inspected to make an informed decision.
This article was provided by CARFAX Canada, the country’s definitive source of automotive information, delivering vehicle history and valuation.
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