Im looking at a 05 Avalanche it is loaded with sun roof, heated seats, power
mirrors everything. Even nice rims.. I put a ad in want to buy on craigs
cars/trucks and this guy came right back..
This truck has 113,000 miles he wants $12,500 said his wife is on to him to
sell his toys with 2 babies on the way. Other 2 is 06 vet and a Harley..
Is this to many miles??? How do I cipher this???
I don't know a lot about motor vehicles, but I've got a '98
Suburban with 190k on it which, if the roof hadn't rusted trough,
would (according to my mechanics) be good for 350 minimum).
This was the only new car I've ever owned. Never again.
My formula for buying used cars was to look for an
older-than-usual vehicle with fewer-than-usual miles on it and
then divide the price by the number of miles I thought it still
had in it to get dollars per mile.
$12,500/(350,000 - 113,000) ==> about 5 cents per mile.
That's a *lot* better than mine:
$45,000/190,000 ==> 27 cents per mile when I have to sell it bco
the roof rusting through....
Or, if the roof hadn't rusted through:
$45,000/350,000 ==> 13 cents/mile... or
even $45,000/500,000 ==> 9 cents/mile.
Now that I've gotten the new car thing out of my system, my
rationale for used vehicles has been upgraded by one more
thought: buying used gets the cost/mile down low right away
without having to hope the thing will go some long distance
without an unforeseen event like body rust.
Kelly's blue book
I don't have all your info, but He might be close to the actual book
The numbers I came up with were higher.
The 5.7l will easily go 250k miles, providing the intake gasket is
changed in time.
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