How Many Miles Can A Car Have To Finance?

Is 400 000 miles on a car bad?

THERE is no one secret to getting your car to live to a ripe old odometer reading.

Luck could get you there, but it is no surprise that many vehicles that have reached 200,000, 400,000 and even 500,000 miles have received extraordinary care and maintenance, often with the owners doing the routine work themselves..

Can you finance a vehicle with over 100 000 miles?

A few banks and credit unions are extending their caps to 100,000 miles, as they understand that vehicles last longer these days than they ever have before, but such high caps are relatively rare. … If you would like to finance a vehicle from a private party, your only option is typically a bank or credit union.

What car breaks down most?

25 most unreliable carsAudi Q2 (2016 on) Reliability rating: 82.4% … BMW 5 Series (2010-2017) Reliability rating: 88.4% … Mercedes S-Class (2013 on) Reliability rating: 88.1% … Mercedes C-Class (2014 on) Reliability rating: 87.6% … Jaguar XF (2007-2015) … Nissan Pulsar (2014-2018) … Volkswagen T-Roc (2018 on) … Seat Ibiza (2008-2017)

Can a car have 300 000 miles?

The Suburban is, probably, the only General Motors SUV that will make the list of cars capable of lasting longer than 300,000 miles. Many Suburban owners reported having clocked more than 200,000 miles, but owners who take good care of their cars will see the 300,000 mark.

Is it bad to buy a car with 100K miles?

No, in most cases, buying a car with 100K miles is not a bad idea. In fact, there are a number of benefits to buying a high-mileage car. For example, cars with 100K miles cost less to purchase, register, and insure, all while depreciating slower than low-mileage cars.

How old can a car be to finance for 60 months?

Get Car Financing. Even with poor credit. Typically, a bank won’t finance any vehicle older than 10 years, even if you have good credit. If you don’t have great credit, you may find it difficult to finance through a bank, even for a new car. But, banks are far from the last option when it comes to auto lending.

What is the highest recorded mileage on a car?

3,000,000 milesIrving currently holds the Guinness World Record for the highest vehicle mileage on a personal car, with over 3,000,000 miles on his 1966 Volvo 1800S! Irving estimates he drives over 100,000 miles per year visiting car shows, with the longest stretch in 1 trip being New York to Vancouver, Canada.

Can a car have 500 000 miles?

Today a million miles, or even 500,000 miles, is still extremely unusual for a vehicle. … Consumer Reports, through its annual questionnaire, has found that thousands of people have gone over 200,000 miles in their original vehicles without catastrophic failures or major repairs.

Can a car go over 200 000 miles?

Typically, putting 12,000 to 15,000 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.