What's the Oldest Used Car You Should Consider? (2024)

ByDoug Demuro

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Quick Facts About Older Used Cars

  • The early 2000s cars are a good starting point for essential safety features like dual airbags, anti-lock brakes, and stability control.
  • Finding parts to repair cars over 20 years old can be challenging.
  • Older luxury cars often have higher maintenance costs, making them more expensive in the long run.

New car prices are at near-record levels, and many drivers consider older used cars to meet their commuting needs. But how old is too old for a reliable car? While there are no rigid rules to follow when shopping for vehicles of a certain age, there are a few key factors to consider. Below, we’ll examine the most important things about purchasing an older used car.

  • When Is a Used Car Too Old to Buy?
  • What to Consider When Buying an Older Car
  • What Is the Best Age to Buy a Car?

When Is a Used Car Too Old to Buy?

As vehicles age, their safety features can become outdated. With modern technological advancements, consumers may discover older cars don’t meet their personal safety standards. This is often true for buyers shopping for family-friendly vehicles like full-size sedans and SUVs.

Additionally, maintenance costs can quickly add up as cars age. Parts are harder to find, and labor is more time-intensive. If these concerns make you uneasy, avoid cars over 20 years old. This rule of thumb may help ensure your vehicle choice is still safe, reliable, and affordable.

What to Consider When Buying an Older Car

While vintage charm and potential lower purchase prices lure some shoppers, critical factors come into play when buying an older car. As mentioned above, many of the safety features and technologies we’ve gotten used to in modern vehicles weren’t even on the radar as recently as 12 years ago, the average age of cars on the road today. Before you commit, pause to consider what matters most to you.

MORE:Should You Buy a Car That Has Been in an Accident?

Safety

Many used car shoppers have two ideas regarding safety: The more expensive the car was originally, the better it will be. And the newer the vehicle is, the better it will be.

Keeping those two notions in mind, here are a few general guidelines.

  • Front airbags became federally mandated for the 1999 model year. Side airbags aren’t mandatory, but many automakers started including them as a safety feature in the 2000s.
  • Since model year 2012, all light-duty vehicles have electronic stability control, though the feature was standard on many higher-end cars before that.
  • Vehicles with anti-lock braking systems were commonplace in the 1990s and became required equipment in 2013.

Although it depends on the car, we believe the early 2000s are an excellent place to start your search if you’re interested in safety. You’ll have other now-standard features like front airbags, anti-lock brakes, and side airbags. Check your car’s equipment list to ensure those items are included.

New vehicles have included rear-view cameras since 2018, though the feature was often included in premium cars earlier in the 2000s. Automatic emergency braking is standard in 90% of new vehicles in 2023; you can find it in about 65% of cars from 2015 and later. Both of these features improve safety and are incentives to seek out a newer used vehicle.

RELATED: Do Airbags Need to Be Replaced at a Certain Age?

Reliability

If reliability is your top priority, you probably don’t want to buy a vehicle that’s too old. After all, the older a car is, the less reliable it’s likely to be, even if it’s a well-maintained, low-mileage vehicle with a good reputation, such as a Toyota or Honda.

Reliability depends on the vehicle and how many miles it’s covered. We wouldn’t go beyond the early 2000s for any daily driver because parts can be harder to find once a car crests 20 years of age. For higher mileage vehicles with more than 150,000 miles on the odometer, we might recommend trying to find a newer model year than the early 2000s.

RELATED:What’s More Important When Buying a Car: Miles or Age?

Equipment

What if you want the latest and greatest technology from your used car? Once again, this depends on your chosen vehicle, but generally, newer vehicles will be better than older ones.

For example, 10 years ago, heated rear seats were considered a tremendous luxury reserved for only the most expensive cars. Today, the feature is on the options lists of most family sedans and even some compacts. It’s the same story with automatic climate control, adaptive cruise control, and ventilated front seats. A panoramic sunroof and many other items once considered luxuries have become relatively commonplace today.

As a result, we suggest going for the newest possible model you can find if you’re looking to maximize your equipment. If you choose a high-end luxury car, such as a BMW or a Mercedes-Benz, beware of potentially high maintenance bills that can make these vehicles even more expensive to own as they age.

MORE:Used Car Buying Guide

What Is the Best Age to Buy a Car?

According to data from Cox Automotive, Autotrader’s parent company, the average new car transaction price is over $48,000, and the average listing price for used cars is over $27,000. If these numbers are outside your budget, you must balance age, cost, safety, and reliability. Cars older than 5-7 years will often be priced lower than average while still having the modern features that impact your daily driving experience. Some may also still be covered under the factory warranty. Cars older than eight to 10 years will be a riskier option, depending on the driving and maintenance history, while vehicles over 15 to 20 are usually nearing the end of their service lives.

Related Used Car Buying Articles:

  • How Do You Finance a Car That’s More Than 10 Years Old?
  • Classic Cars: Tips for Buying and Owning
  • Who Buys Junk Cars?

Editor’s Note: This article has been updated with new information since it was initially published.

What's the Oldest Used Car You Should Consider? (2024)

FAQs

What's the Oldest Used Car You Should Consider? ›

For most buyers, considering a used car that is around three to five years old can be an optimal choice, as it likely still retains modern features without the steep initial depreciation.

What's the oldest car you should buy used? ›

Cars older than eight to 10 years will be a riskier option, depending on the driving and maintenance history, while vehicles over 15 to 20 are usually nearing the end of their service lives.

Is it worth keeping a 20 year old car? ›

At a certain point, repair costs may outweigh what the car is worth. Safety and Reliability - Modern cars have vastly improved safety features and computerized systems. A newer car may provide safety like airbags, antilock brakes, and stability control that a 20-year-old car lacks.

Is a 10 year old car too old? ›

Cars over 10 years old can still be reliable. Most vehicles can last well over a decade with proper care and maintenance. In fact, the average car on U.S. roads is now 12.5 years old, according to a study from S&P Global Mobility. Furthermore, a car doesn't really stop depreciating until it hits that 10-year mark.

What is considered old age for a car? ›

(You'll want to consult your state's specific laws to see its guidelines.) For insurance and registration purposes, the age of a classic car, in most cases, is at least 20 years old but not more than 40 years old.

Does age or mileage matter more? ›

Ultimately, the decision to prioritize age or mileage depends on a variety of factors, including the car's intended use, budget and personal preferences. If reliability and safety are paramount, a newer car with moderate mileage might be the ideal choice.

At what age do cars lose the most value? ›

The first year faces the most significant depreciation hit to the car's market value, with most vehicles losing about 20% or more of their original value. The loss continues to decline from there. Cars often shed about 60% of their original purchase price within the first five years.

How many miles is too many for a used car? ›

A wary buyer should use as a general rule of thumb that most cars are driven 12,000-15,000 miles per year. If a vehicle is 10 years of age, it should have between 120,000 miles and 150,000 miles on the odometer.

When should you stop putting money into an old car? ›

Considerations for when to replace a car
  1. Age. Used car repairs on an aging vehicle might not be worth the costs if the vehicle has high mileage and is generally deteriorating. ...
  2. Cost of repairs. ...
  3. You're habitually making repairs. ...
  4. Parts are becoming more difficult to replace. ...
  5. Safety is a growing concern.

What is good mileage for a 20 year old car? ›

The average car gets in 10,000 to 12,000 miles per year, so used cars with an annual average lower than that can be considered as having good mileage.

At what mileage should I sell my car? ›

It's a good idea to sell your car before it hits 60,000 miles if you don't want to spend a lot of money on repairs and replacement parts. During this mileage bracket, your car should be about five years old, meaning it'll still command a substantial amount.

What is the sweet spot for used cars mileage? ›

The sweet spot for mileage often aligns with the average annual mileage accumulation, which hovers around 12,000 to 15,000 miles. A used car with moderate mileage, ideally below the annual average, suggests that it has been driven responsibly and not subjected to excessive wear.

Does the age of a car really matter? ›

Even when mileage is low, the older a car gets, the less reliable it becomes. Modern cars are much more reliable, even as they age. Five-year-old cars record what is considered a major problem every three years, while 10-year-old cars are more likely to face a problem every 18 to 20 months.

What is the best year to buy a used car? ›

The optimal time to purchase a used car is typically between 2 to 5 years old. Within this age range, the vehicle has already experienced the most significant depreciation, yet remains relatively new and in good condition.

Are 20 year old cars safe? ›

It's a statistical fact that cars become less safe to drive as they age. According to the National Highway Safety Administration, the driver of a vehicle that's 18 years old or older has a 71 percent greater chance of dying in a bad car crash compared to a driver who drives a three-year-old car.

At what mileage is a car considered old? ›

It can be somewhat risky to buy a vehicle that has racked up more than 100,000 miles. Even if it's well-maintained and has about 100,000 miles left in it, such a car is already past its prime. Generally, vehicles are likely to start experiencing problems after the 100,000-mile mark.

Should you buy a 3 year old car? ›

The Best Time to Buy a Used Car

Purchasing a used vehicle that is 2-3 years old means that you are getting a relatively new car in good condition without being affected heavily by depreciation. However, you stand a chance to save even more if you purchase an older car.

Are older cars worth buying? ›

A dirt-cheap old car will typically have a lot of worn-out and broken parts that will be expensive to repair. Parts can also be difficult to find. The car can also break down often and it can even be a safety issue. You're usually better off buying a quality, late-model used vehicle than a cheap, old clunker.

How many years should a used car last? ›

According to the Bureau of Transportation Statistics, an average car's lifespan is 12 years on the road. This means that your car can last for about 200,000 to 300,000 miles. However, the average lifespan was calculated when the technology used in cars was not as innovative as it is now. New cars have improved.

What year is a good year for a used car? ›

Newer Is Safer

If you're looking for a 10-year-old used car, you should focus on models that offered those features and make sure the example you're considering has them. If you want the widest selection of cars with the most important safety features, consider cars starting from the 2012 model year.

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