Does high mileage lower the value?

Does high mileage lower the value?

Hi does very high mileage lower the value of a car when trading in.

Our answer:

Hi Patrick,

Yes, it will, but it's much more important to consider the car's history and condition. A well kept car with a full service history, but high mileage, will have the same value, or better, than a low-miles car that's scruffy and has gaps in its service record. 

Shane O'Donoghue

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