Car age, how old is too old?

Asked by Aussie_with_NO_idea Sep 15, 2017 at 05:43 PM

Question type: Shopping & Pricing

Hey all, looking at buying a used car but can't
decide age/km/cost. Older ones would obviously
need more work than the newer one but the newer
one would need to be part financed which I'm not
sure I want to get in to.
Option 1 is $6500 and 15 years old with
300,000km and broken cruise control/ tachometer

Option 2 is $9000 and 10 years old, 193,000km and
it's the newer model which has less problems and
a larger engine, would need part financing though.
There's also a few 15 year old ones in between for
$7000 at 200/220,000

10 Answers

Without a lot more information I could only WAG this one, but door #2 is probably the better choice.

Have a mechanic check the car out before buying. 120,000 miles on a Lexus is not that much IF it has been well taken care of. Ask yourself if you can pay off this car before it wears out!

1 people found this helpful.

Thanks for that advice Jim! You weren't too far off, I'm 21 and it'll be my second car, my first was bought for me and was a great car but no longer safe to drive, especially with a child in the car. I've been looking at suv/ wagon style cars but there's a surprising lack in my area for ones that aren't trashed like my first car.

86,095

Lexus is arguably the most well engineered production car in the world. Although, they have had problems with certain models. I know people who swear by the 1997 to 2001 Lexus ES 300 as one of the brightest stars in the Lexus line and by all accounts, these sedans seem timeless wonders....even today... I don't know about the models you're speaking of, but, I have a great deal of respect for Lexus.. Generally, cars older than 15 and definitely 20 years have some problems...it's just depends on your tolerance for dealing with them. So, good luck... I definitely don't agree that Subaru is a brand to stay away from... but, you just cannot compare the quality of Lexus to Subaru... Lexus definitely has an edge here. As far as paying off the car before it wears out...is that important...NO.... remember that resale value is only important when you decide to sell....so, you can literally maintain a car and keep it running as long as it serves your needs...A good used car at any price point is less expensive in the long run than any new car... The ONLY reason to ever buying "NEW" is safety features and fuel efficiency....those two items can never easily be added on to any vintage car for a reasonable price. Good luck.

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