Is 15000 miles a year a lot?
Depending on who you ask, the average miles driven per year is 10,000 to 15,000, with around 12,000 the most common yardstick (most leases allow 12,000 miles per year).
What is Considered High-Mileage? Typically, putting 13,000 to 14,000 miles on your car per year is viewed as “average.” A car that is driven more than that is considered high-mileage. With proper maintenance, cars can have a life expectancy of about 200,000 miles.
It's common for leasing contracts to have annual mileage limits of 10,000, 12,000 or 15,000 miles. If you exceed those mileage limits, you could be charged up to 30 cents per additional mile at the end of the lease.
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. Simply divide the odometer number by the car's age in years to determine it's annual average.
In general, most modern cars can cross 200,000 miles without any major issues, provided the vehicle is being well-maintained. Considering that an average person drives 10,000-20,000 miles per year, this will account for roughly 15 years of service. Here are some factors to consider when assessing used car mileage.
25,000 per year could be good in some areas of longevity but bad in others. A lot of that depends on the individual owner driving style and maintenance procedures they actually follow.
Used Car Mileage Chart
A car that is two years old should have around 30,000 miles.
Ultimately, car age and mileage both matter when buying a used car. They both affect the vehicle's depreciation rate and they are both interlinked – mileage is taken as being high or low based on a car's age and the older the car, the more miles it's likely to have driven.
| Years | Average Mileage | Car Value |
|---|---|---|
| 12 | 144,000 | $8,400 |
| 13 | 156,000 | $6,600 |
| 14 | 168,000 | $4,800 |
| 15 | 180,000 | $3,000 |
When it comes to leasing, it's common knowledge that lessees agree to a maximum number of miles for the duration of their lease. Most often, those terms are 12,000 miles per year for a 36-month lease, which means that the lessee can go up to 36,000 miles total during the 3 year term.
What is the average miles driven per year 2022?
According to the United States Department of Transportation Federal Highway Administration, an average American driver clocks 13,476 miles per year.
Most leases limit the number of miles you may drive (often 12,000 or 15,000 miles per year). You can negotiate a higher mileage limit and pay a higher monthly payment. You will likely have to pay charges for exceeding the limit, if you return the vehicle.
But 8,000-10,000 miles per year is considered fairly standard, so if you drive far less than that, you could be on track for discounted insurance.
As a general rule, it's safe to drive for no longer than eight hours a day, taking breaks of at least 15 minutes every two hours. This means you can safely drive for around 500 miles, not taking into account external factors such as slowing for tolls, traffic, travelling with children, and tiredness.
While there's no specific definition, low mileage is generally considered 15,000 miles or less. The good news about low-mileage cars is that they are typically in better mechanical condition and may last longer than cars with higher mileage, provided that you adhere to a basic maintenance schedule.
Seeing as the average driver covers about 12,000 miles a year, you'll want to see the following: About 60,000 miles on a 5-year-old car. About 84,000 miles on a 7-year-old car. About 108,000 miles on a 9-year-old car.
Driving around 10,000 miles per year or less is considered low mileage by insurance companies. Most companies offer you good discounts if you drive under 7,000 miles a year. Always check with your insurance company to see what mileage category you fall into to get an insurance rate reduction.
As a general rule, you should assume that the average car owner puts 12,000 miles on a car each year. To determine whether a car has reasonable mileage, you can simply multiply 12,000 by its age. That means good mileage for a car that's 5 years old is 60,000.
A conventional car can last for 200,000 miles. Some well-maintained car models will reach 300,000 or more miles total. The average passenger car age is currently around 12 years in the United States. Choosing a well-built make and model can help extend your car's longevity.
In retaining “like new” quality and inheriting a slower depreciation rate, the best used car age for buying is 2-3 years. In fact, Americans are saving up to $14,000 on a 3-year-old vehicle. For example, a car that may have cost you $30,000 when new would cost around $16,000 after just 3 years.
Is a 3 year old car too old?
Buy a used car in the 'sweet spot'
“I think the sweet spot [for used cars] is 3-to-4 years old with 30,000 to 40,000 miles on it,” Reiss says.
Reliability fades with age
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.
While it's a good idea to consider the age of a vehicle and the number on its odometer, it's more important to look at how well the owner maintained the car. A 10-year-old car with 100,000 miles may have received more TLC than a five-year-old model with 50,000 miles.
When buying a used car that's 10-years-old or older, your primary concerns are purchase price and reliability. Don't pay more than that 10-year-old car is worth. And, pick a car with a solid reputation for dependability. No car is really too old if you follow those rules.
Posted by Frank Gogol in Auto | Updated on November 15, 2022
For instance, a five year old car should have 60,000 or less miles on it. At a Glance: Car owners drive around 12,000 per year on average, which is a good rule of thumb for deciding how many miles a used car should have.
Conclusions. 24-month leases may offer additional flexibility, but most shoppers will find they cost a lot more money when it comes to monthly payments. If your priority is monthly affordability and getting more for your money, you'll probably find a 36-month contract to be a smarter choice.
Lower monthly payments
Instead of paying for the entire value of the car, your monthly payments cover the vehicle's depreciation (plus rent and taxes) over the lease term. Since you're only financing the depreciation instead of the purchase price, your payment will usually be much lower.
Yes, a 24-month lease plan will offer more flexibility over a 36-month or 48-month agreement, but these can often cost a little more. If you're after a car that is affordable but still premium, then the 36-month contract will be a more sensible choice.
If you plan to drive 20,000 miles per year, you want a lease that allows you to do so. Some leases offer less annual mileage, which can result in having to pay additional fees. If you pick a high mileage lease, you can drive as much as you need to without paying additional money. This choice can be more affordable.
In fact, many high-mileage drivers would actually be better off leasing rather than purchasing. Both dealerships and independent leasing companies often offer higher mileage leasing options that may better suit your needs.
Does leasing a car build credit?
If you're approved for your lease, you can use it as an opportunity to boost your credit score, which could give you more leverage when it comes time to upgrade. Just make sure to stay on top of your payments. Lease payments are reported to the major credit bureaus the same way finance payments are.
Every 15,000 Miles
Replace your air filter under normal driving conditions. You should also get your brake pads inspected and replace those, if needed, and remember to have the rotors turned.
As a general rule, you should assume that the average car owner puts 12,000 miles on a car each year. To determine whether a car has reasonable mileage, you can simply multiply 12,000 by its age. That means good mileage for a car that's 5 years old is 60,000.
A 15K is 9.3 miles long. That's the same as running the length of an NBA-regulation basketball court a little more than 522 times. At an 11-minute mile pace, it will take you about an hour and 43 minutes to run a 15K.
On average, a vehicle will last approximately 11-12 years on the road. However, with good maintenance and attention, your vehicle can last even longer. Believe it or not, the Guinness World Record for the highest vehicle mileage on a personal car has over 3,000,000 miles on it!
When you own a vehicle, it's often difficult to know when it's time to replace it. Many car owners make the mistake of assuming that they need to replace their vehicles every few years. The average age of a vehicle on the road is about 11 years, but most drivers keep a car for about six years.
Every 15,000 miles, you should get a new air filter. Inspect your battery and coolant every 20,000 miles. At 25,000 miles, most manufacturer's recommend you replace your fuel filter.