The relationship between mileage and price?
Posted by MyOpinionsDontHurt@reddit | askcarguys | View on Reddit | 5 comments
Universal question for all car brands.
What is worse, a newer car with high miles for a lower price, or same year car with low miles for a higher price?
My options:
a 2023 Genesis G70 with 74,000 miles is $23,600.
or
a 2023 Genesis G70 with 23,000 miles is $27,800.
Thanks!
New_Inflation_8419@reddit
Second one. Only 8 cents per mile difference. Normal usage is like 20-25 cent per mile
MagnusAlbusPater@reddit
I’d be willing to pay $4k more for that fewer of miles.
jrileyy229@reddit
I wouldn't buy either... The value in any Hyundai product is that it comes with a 100k mile powertrain warranty, only the first owner gets that
ArtInternational6485@reddit
23,000 mile one is still under manufacturer warranty so that would be my pick for the price difference
FlounderKind8267@reddit
With a Genesis, $4k is worth the lower miles. You don't know how they drove those miles, and it's not that big of a difference all things considered