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As vehicles age, their safety features can become outdated.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 is the oldest I should 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.

Is it worth buying a 20 year old car? ›

Higher Maintenance Requirements:

Older vehicles often require more frequent maintenance, and some components may need replacement due to age-related wear. The overall cost of ownership can increase significantly as the car ages, potentially outweighing the initial savings on the purchase price.

Is buying a 10 year old car worth it? ›

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? ›

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.

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

Often, 100,000 miles is considered a cut-off point for used cars because older vehicles often start requiring more expensive and frequent maintenance when mileage exceeds 100,000.

Are 20 year old cars safe? ›

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. Diagnosing issues in an obsolete electrical system can also prove challenging.

Can a car last 500000 miles? ›

Yes, you can buy a 500,000-mile used car, provided

Even when it comes to your ownership, you have to maintain the maintenance routine. Read the owner's manual, stick to the servicing schedule, check your driving habits, and you can drive a modern used car or truck of a further 500,000 miles.

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

How many miles are too many? Really, it depends on a lot of factors but, if in doubt, shoot for the 12,000-mile/year average. Even so, don't be afraid of cars that are outside of this range, provided the used car in question has been well maintained and there are records to show that.

What percentage of 20 year old cars are still on the road? ›

How many 20 year old cars are still on the road. About 23% of all passenger cars on the road today are 20 years old or older. The most vehicles on the road today are model years 2015 to 2019 model years, which make up approximately 26% of all vehicles.

What is the sweet spot for buying a used car? ›

If you decide to keep it at that point, understand that there's a good chance it's going to be less reliable in the future. When you're buying a used car, I'd say the sweet spot is two-three years and 24,000 to 36,000 miles. At that point, lots of cars will have depreciated by about a third.

Is a 12 year old car too old to buy? ›

Older cars can be good buys, too

Just be sure it doesn't have thousands and thousands of dollars of needed repairs. You should look to see which parts have and haven't been replaced, and how recently, along with how much it will cost for you to do any repairs you might anticipate.

What are the cons of buying a 10 year old car? ›

First, even though the starting price may be low for all 10-year-old vehicles, repair expenses are not the same for all models. For example, luxury vehicles like Mercedes require good money to repair than say a Toyota or Chevy sedan. Second, the possibility of repairs depends heavily on the vehicle's reliability.

What is high mileage for a car? ›

Traditional wisdom used to warn car buyers to keep away from vehicles with over 100,000 miles. Put simply, though, the 100,000 mile-marker is no longer a good indicator for buying used. If a vehicle has been properly maintained, it can last several hundred thousand miles.

What are the most reliable car brands? ›

Lexus ranks highest overall in vehicle dependability for a second consecutive year, with a score of 135 PP100. Among premium brands, Porsche (175 PP100) ranks second and BMW (190 PP100) ranks third. Toyota ranks highest in the mass market segment, with a score of 147 PP100.

What is a 20 year old car considered? ›

Classic cars, which are 20+ years old, are used for just about anything – from pleasure driving, restoration projects and car shows. This classification encompasses a lot of muscle cars and sports cars.

Is 10 years too old for a used car? ›

But when it comes to cars, owning a car well past the 10-year mark should no longer be a badge of honor. Due to safety reasons, if you have the money, you should probably start looking for a new car after a decade.

At what age do cars stop depreciating? ›

After five years, your car could be worth roughly half of what you initially paid for it. Depreciation tends to slow once a car reaches the five-year mark, and essentially stops by the time a car is 10 years old.

How many years will a used car last? ›

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.

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