If you’re in the market for a used vehicle, there are several factors to consider to determine a car's value. It's not uncommon to see old vehicles sold at a high price point, but how do you know if that price is fair? The following guide will help you judge the resale value of any pre-owned automobile.

What Does the Car's Mileage Affect?

Mileage is usually an indicator as to how much wear and tear is on a used vehicle. A car with higher miles is often less expensive than the same car with fewer miles. If a car has been driven more, its parts will be more degraded. As such, higher mileage cars may require more repairs to have it restored to its former condition.

However, the type of mileage on a car can vary. A used vehicle that mostly traveled on the highway will usually degrade slower when compared to a car that spends most of its time riding the brakes or rolling over potholes in dense urban areas. 

How Does the Age of the Car Affect the Price?

The age of a used vehicle usually matters less than the mileage if it’s operating efficiently. However, some components, such as rubber bushings found in some suspension systems, will deteriorate if the vehicle has sat for too long. If all the mechanical components are working, however, age doesn’t play too large a factor.

How Can You Tell If the Price Is Fair?

Mileage is a useful way to ascertain the wear and tear of a used vehicle, though it doesn’t tell the whole story. The only way to determine the condition of a vehicle is to evaluate the mechanical components. A brand new car with low miles can be ruined by a negligent owner that ignores basic maintenance; while a used vehicle, with much higher mileage, might be in better condition overall if it was brought in for service during its recommended service intervals by a responsible owner.

If you’re interested in purchasing used vehicle, visit Jackson Chevrolet Buick GMC in LaFayette, GA. With a constant flow of pre-owned vehicles to their lot, you'll find the right automobile for your needs with affordable financing options. Visit their website or call (706) 638-4222 to speak with a representative today.