How to Sell a High-Mileage Car
Selling a high-mileage car is easier than you think. That’s because the used car market is hot, hot, hot. Even junkers are going for thousands of dollars.
Here are some steps you’ll need to take when selling a high-mileage car:
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Gather your car’s records. Having your car’s service records, original sales paperwork, and car’s title makes selling it easier.
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Fix minor issues. Fixing small issues, like a broken windshield wiper, can make it easier to sell. You might even touch up scratches with paint to make it more appealing.
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Determine a fair price. Google your car’s make, model, and year. Then, see what others are selling their vehicles for. This could give you a general idea of what constitutes a fair offer.
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Decide where to post the listing. You could sell your car online or through a used car directory. Then, once you post it, you can sit back, wait, and then start to evaluate potential offers.
When Is a Car a High-Mileage Car?
Erie Insurance reports that most people put 12,000 to 15,000 miles on their cars each year. A car that exceeds 15,000 miles a year is considered a high-mileage vehicle. Yet, high-mileage cars aren’t necessarily “bad.”
Here are some considerations:
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With proper maintenance, cars can last for about 200,000 miles. This involves changing the oil regularly every 3,000 miles. Every 60,000 miles, you should get your car’s belts, spark plugs, and tires replaced.
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A car’s age doesn’t necessarily affect its mileage. Somewhere, there’s a car from 1970 with less than 10,000 miles on it. Yet, this mileage doesn’t mean the car’s safe to drive. The car’s age likely means that it needs servicing.
Can I Trade in a High-Mileage Car?
Kelley Blue Book (KBB) notes that trading in a high-mileage car comes with a host of benefits, some of which include:
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It’s fast and convenient. You don’t have to worry about finding a buyer when you trade in a used car. The dealership can take the vehicle the same day you bring it in.
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No costs for listing. Some used car sites require sellers to pay a certain fee to list their vehicles. You don’t have to worry about these fees when you trade in your car.
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No texts, phone calls, or emails. If you list your car online, you could get bombarded with messages from interested parties. You could even find yourself waking up to tens of missed calls, texts, and emails from complete strangers.
Yet, when you sell a high-mileage car to a third-party company, you can pocket the money. You can use these funds to get a new vehicle or meet other financial obligations.
How Can I Sell My High-Mileage Car?
It may feel overwhelming to think about where to sell your high-mileage car. You have these options:
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Social media. You could post your car on Twitter, Facebook, and other social media forums. This could expand how many potential buyers you can reach.
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Listing it in a publication. If you have a classic car, you could post your car in a magazine or another type of publication. Many classic car enthusiasts buy cars knowing they have high mileage––and they don’t care.
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Selling it to someone you know. You may know someone personally (either a family member or co-worker) who wants a used car. These relationships can help you negotiate a fair deal, explain any potential issues, and streamline the process.
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Partnering with a third-party seller. There are some agencies (like WeBuyTotaled Cars) that can take on the arduous task of selling your car. It relies on its network of resources to get used cars sold fast.
Don’t write off your high-mileage car as unsellable. You have more options than you think.
Sell My High-Mileage Car with WeBuyTotaledCars
You don’t have to stress about selling your car without help. You can entrust the process to WeBuyTotaledCars.
With the click of a button, you can get an offer on your used vehicle. Simply enter your zip code and car’s VIN number, and within seconds, you’ll get a guaranteed offer. We manage towing, estimates, and everything the process entails.
When you partner with us, you can expect:
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Prompt payment. Once you accept an offer on your vehicle, you could have your vehicle picked up and get paid within 48 hours. You also have seven days to decide whether to move forward with an offer in the first place — giving you time to explore your options.
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Free towing. You don’t have to worry about bringing your car to us. We come to you. You just give us the necessary documents, hand over the keys, and we’re good to go. We pay you on the spot for your car too!
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An honest estimate. We account for your car’s age, depreciation, and other factors when offering you money. We want you to walk away with everything you deserve.
When Should I Sell My High-Mileage Car?
Ultimately, it’s up to you to decide when to sell your used car. However, now is a great time to sell your high-mileage car. As noted, the used car market is booming.
That’s because, in the aftermath of the pandemic, there’s a shortage of new vehicles. There aren’t enough semiconductors to meet demand. So, new cars are going for sky-high prices, and people are willing to pay more for used cars than previously.
Who Buys High-Mileage Cars?
There’s a huge market for high-mileage cars. As noted, WeBuyTotaledCars snaps up used, totaled, and high-mileage cars without the hassle.
However, college students, seniors, and those with limited financial resources also buy high-mileage cars.
Does High Mileage Affect a Car’s Performance?
Not all cars are created equal. Some can last for hundreds of thousands of miles without having any problems.
For instance, Toyota has a great reputation for lasting with high mileage. On the other hand, gas guzzlers (like SUVs) generally run into problems sooner rather than later.
It’s a Quick and Easy Process
Vehicle Details
Answer a few quick questions and provide a picture if you can.
Offer
In less than two minutes, you’ll have a guaranteed offer.
Accept
Accept the offer if you’re happy with it.
Get Paid
Within 24-48 hours, we will tow your car for FREE and pay you on the spot!
