My car is ugly.
It’s rusty, it has plenty of scratches and a few dents, and it’s 17 years old. It’s not pretty or shiny. The heat/AC is out half the time and it’s usually making some sort of bizarre noise.
It’s what most people would consider embarrassing. Some people think I’m crazy for continuing to drive this vehicle, but here are seven reasons why I do it.
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It’s Cheap
The main reason I drive a 17 year old car is because it’s cheap. The tabs are less than $50, my car insurance is $50/month, and the parts (for repairs) are inexpensive as well.
If I bought a newer vehicle, it isn’t just the car payment I’d have to worry about. My monthly insurance and annual tabs would also increase quite a bit.
It Runs
I’m not a car person. To me, the only purpose of a car is to get me from point A to point B, which my car does just fine (for the most part). Maybe someday when I’m 100% debt-free, I’ll drive something shiny and pretty (paid for in cash), but for now, my only requirement for a car is that it runs.
Cars are Not an Investment
Cars are not investments. A new car loses a huge portion of its value the second it’s driven off the lot. It doesn’t make sense to take out a loan for a depreciating asset.
It’s Less Stressful
Okay, in some ways it IS stressful to drive an old car. It occasionally needs expensive repairs, and that’s not fun. BUT it’s way less stressful in other ways.
I don’t worry that someone is going to steal my car when I let my car warm up during the winter. If another car is parked too close to me, I really couldn’t care less if they door ding me.
When my hubby’s out covering his smart car with yoga mats (yes, he really does that) to prepare for a possible hail storm, I don’t even bother trying to cover my car. Truthfully, I don’t care if my car gets dirty or a little damaged. I don’t need to keep it looking spiffy…because it looks kind of terrible already.
Keeps Me Humble
My rusty, dented, and scratched car keeps me humble and reminds me of our goal. I don’t want to “keep up with the Joneses” anymore. I don’t care what other people think.
My car might be “embarrassing” to some, but this old car is part of the reason why we’ll be debt-free someday. Financial freedom is more important than a shiny car.
I Ain’t Got a Car Note
This is the most important reason why I drive a 17 year old car…to quote rapper Dee-Young, “I ain’t got a car note!” I love not having to make a car payment every month. Driving an old car has its drawbacks, but it is well worth it.
Repairs are Cheaper
Due to its age, my car occasionally needs expensive repairs. Some people have tried to use this as a reason to convince me to buy a new car (with a loan). This logic doesn’t make sense.
Yes, having to drop $500 on repairs here and there isn’t ideal, but that’s a lot better than spending $200+ EVERY month on a car payment! My car insurance and tabs would also drastically increase if I purchased a newer vehicle.
(*Side note: Occasionally, repairs can get CRAZY expensive, and then it may make sense to ditch that car and buy a used one…with cash. My hubby and I did this when we bought his smart car.)
Live like no one else now, so you can live like no one else later.
As Dave Ramsey says “live like no one else now so you can live like no one else later.” A 17 year old vehicle may be ugly and “embarrassing”, but avoiding car loans is an important part of our journey to debt freedom.
When you find yourself in a hole, the first step to getting out is to stop digging. My hubby and I are avoiding debt as much as possible while we pay off our student loans. Someday, we’ll have a paid-off mortgage and we’ll be 100% debt-free.
We won’t be chained down by payments. We’ll be able to travel, splurge on things we love, give generously, and/or retire early. We’ll be able to buy fancy cars (with cash) if we want to (I probably won’t, but the hubby might).
Achieving financial peace is more important than impressing others or “keeping up with the Joneses.”
Who cares what the Joneses think anyway?
Do you drive an older car?
Other stuff you might like:
My Personal Finance “Aha” Moment
How to Start a Blog in 5 Easy Steps
Why I’m Grateful for My Student Loan Debt
The Appeal of Minimalism
9 Ways to Get Free Yoga Classes
Personal Finance Resources:
The Total Money Makeover by Dave Ramsey
YOLO: The Roadmap to Financial Wellness and a Purposeful Lifeby Jason Vitug
Smart Women Finish Rich by David Bach
It’s Only Money and It Does Grow on Trees by Cara MacMillan
Blogging Resources:
How to Blog for Profit Without Selling Your Soul by Ruth Soukup
365 Blog Topic Ideas for the Lifestyle Blogger Who Has Nothing to Write About by Dana Fox
Secrets to Blogging Your Way to a Six Figure Incomeby ProBlogger
23 Comments
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Foose on March 29, 2021 at 6:23 pm
its depressing having to know that you have to struggle to pay off the shiny SUV object, which no longer makes you happy after the first month when the thrill of paying off the financial lender’s car goes…better off putting money aside and buying the new car when it turns 4…it will look and feel like a new car anyway.
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Jen on April 17, 2021 at 11:27 am
Agreed!
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John on June 15, 2020 at 9:34 pm
I drive a 2001 Holden Astra I bought it nearly 4 years ago and it’s never cost me more than basic maintenance tuneup and tires .And its still going strong in 2020 and so cheap on petrol and didn’t cost me an arm and leg I paid cash for it no bank fees and interest on loans .so I drive a 17 year old car because it’s been reliable cheap to buy and run and does what I need it too do get me from A to B why else do we get cars?
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Jen on June 20, 2020 at 9:54 am
Awesome!
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Ashar Kiani on July 9, 2019 at 4:22 pm
My daily ride car is 21 years old Suzuki (1000 cc) hatchback. I bought it five years ago from another person who was using it as a second car. The car is working fine with hardly any serious maintenance issues. The expenses I have incurred so far are minor engine overhaul (not all parts changed, only replaced some parts), changing of tires once, changing battery once and minor wheel maintenance. It takes me everywhere I want to go. It is hybrid (Petrol + CNG) and gives good mileage on CNG. It has small dents at a few places. This car gives me comfort. I am not bothered about its theft. This also gives me a low profile and does not attract unwanted attention. Despite being old, it is reasonably fast in speed. My second car is another hatch back (Suzuki 800 cc) that is 11 years old. As it is a spare car and used occasionally as an alternative, it is in good shape. I do not care what people think of my old cars as I am happy that my old cars give me independence to go everywhere without any botheration. I live in Pakistan where middle class people are in rat race of keeping up with the Joneses.
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Jen on July 14, 2019 at 2:07 pm
(Video) Slick Rick - Children's StoryI think a lot of people assume that older cars will require tons of expensive repairs, but that’s not always true. They can be reliable and affordable cars!
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GregN on June 8, 2019 at 7:53 pm
My car is 17 years old with 295k trouble-free miles. Every month that I drive it is another month that I can take the money that I would be spending on a car payment and spend it on something important, like food, clothing, or shelter. I scratch my head when I see people driving brand new cars. In the first year of ownership, the depreciation of the vehicle is the biggest expense.
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Jen on June 9, 2019 at 6:46 am
I scratch my head too! That’s awesome that your car is still going!
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Wayne on April 2, 2019 at 12:29 pm
Lots of encouragement here with different perspectives about whether to keep an older vehicle.
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Jen on April 6, 2019 at 11:04 am
Thanks for reading!
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Erin on September 11, 2018 at 3:53 pm
I drove my last car for over 10 years… people made so much fun of it. My parents bought it for me as a graduation gift. It was paid off (less than 10k) and it got 38 mpg…. why would you make fun of that. It turned out to be a great family car once I had my son. My car finally died. I lived without ac in the desert for three years! Once my defroster gave out, I finally got a new car. We also only spent 11k on this new one. It’s a newer toyota yaris. No car payments, and I spend less than $100 a month on gas. And I drive a lot!
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Jen on September 16, 2018 at 11:05 am
(Video) 'God We Need You Now' 🙏 Struggle Jennings & Caitlynne Curtis (Live Acoustic)It’s awesome to not have a car payment!
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Kelly on June 6, 2018 at 8:04 pm
I have an 16 year old mini van, and I love it! I can take my dogs with me and not have to worry about the interior. Although, I still maintain her inside and out, and thanks to you tube I am able to fix so many things. The back end is still low to the ground, making it easy for my old dog to hop in. I have tried to find one lower, however, Most new cars and Vans are higher off the ground. My old girl won’t go up a ramp or on doggy stairs.
I agree with everyone else, no one wants to steal it, and with the crime in my area, it’s a blessing.
I can haul almost anything home I find at a yard sale, another great way to save.
It took my husband and I years to get out of debt. Aside from our mortgage we are free, and it is everything to us. You can do it, and the journey is worth it.Reply
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Jen on June 8, 2018 at 5:05 pm
Awesome! Good for you! That is a perk for me too. My car is so old that I don’t mind when my pug gets dog hair all over it.
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HJ on May 31, 2018 at 11:15 am
My notion is one wants the mechanically simplest vehicle that does the job. OHV engine with 2 valves per cylinder preferably with a carburetor and no computer, and a robust manual transmission. Anything else is unnecessary luxury. To me all vehicle has to do is get me from point A to point B reliably. I dont need to be entertained or pampered or have some car brain trying to outguess me as to what I want.
Then drive as few unnecessary miles as possible and it will last very long time with just basic simple repairs. There are exceptions, some of older Japanese and Swedish rear drive vehicles with SOHC four cylinders were quite easy to work on. Parts for them can sometimes be problematic though. Parts for old American stuff with exception of some pollution addons usually easiest to find. Pollution stuff changed so fast and furious over the years, after 20 to 30 years goes by, something used for only couple years long ago is pretty rare.
With older cars, you need to be meticulous with maintenance if you want reliability. Always keeping an eye out for things that look to fail in not too distant future. Torn or dryrotted dust boots, that sort thing. Replacing dust boot annoying but lot less annoying than replacing entire part down the road. Towing has gotten expensive too… especially with the police impound lot scams for car broken down, so dont want to break down.
Saying this, older vehicles are really only for those that can do their own mechanic work, even major mechanic work, and have a place to do it. Mechanics can charge fortune for stuff that isnt all that complex. they also dont shop around for best prices on parts and they have markup on parts so dont want you furnishing them.
Live in an apartment in the city and you are pretty well doomed to newer vehicles and mechanic repair shops where its hard to get your car back home for less than $1000, even for minor problems. My suggestion in that case, find cheapest newer low mile Japanese vehicle with 4cyl and manual transmission. Something like base model Nissan Frontier or Toyota Tacoma. Still few base models like that, though hard to find. People willing to part with kind money new cars sell for anymore tend to be the kind that want lot bells and whistles. Also more profitable for dealers so they just dont stock basic models, special order only. Meaning they are rare in used market anymore.
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Kurt on April 18, 2018 at 12:06 pm
My wife and I drive older used cars, like Honda or Toyotas.
My 1997 Civic manual transmission has 376,000 miles on it, gets 42 MPG. All maintenance is done by Honda at the required times with OEM parts – no after-market parts.
No car payments, no high insurance costs, no worries about someone stealing it, everything works except for the passenger window and gets us where we want to go.
We built out house by ourselves – no mortgage, when we ran out of money we stopped building until we earned some more. Finally done – took a few years, but all of the interest we would have paid to the bank, guess what; it is in our pocket not theirs. Oh and yes we lived in the house while we were building.
Guess we are good at delayed gratification.
Regards,
KReply
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Jen on April 21, 2018 at 1:17 pm
(Video) George Strait - Check Yes Or No (Official Music Video)That’s incredible! It’s funny how so many people want to get rid of their cars once they hit 100,000 miles or even earlier when they just want something newer. I feel like my car has a lot of miles, but I’ve talked to many people who have cars with 200,000-400,000 miles on them. That’s impressive!
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patricia on April 16, 2018 at 9:49 am
My late husband and I bought our SUV new in 2001. I’m still driving it. Actually, it doesn’t look all that bad. The color is still good. I try to keep it serviced and washed and waxed. Would I like a newer car? Yes. I just can’t afford it. I’d say I’ll drive until the wheels fall off but that has already happened. It was a $700 repair job and I’m good to go.
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Jen on April 21, 2018 at 1:19 pm
That’s awesome! I’d like a newer car too, but I’d rather be debt-free!
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Michelle Gibson on May 31, 2017 at 12:08 pm
I completely agree with the financial benefits of driving an older car. My car is a 2000! I’m a little iffy about not worrying about the car’s exterior being an advantage though. Protecting the outside of my car from door dings and hail damage has kept it looking nice and makes me happier to be driving it, despite its age.
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Jen on June 1, 2017 at 5:55 pm
That’s awesome!
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Chonce on May 22, 2017 at 8:08 am
Driving an old car may seem like a pain for other people, but they just don’t realize how much savings could be involved! So glad to see that it’s working so well for you. Thanks for sharing!
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Jen on May 27, 2017 at 12:51 pm
(Video) Pawn Stars Chumlee Sentenced To Life In Prison After ThisIt can lead to huge savings!
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FAQs
Why drive an older car? ›
Keeping your old car makes sense if: You're on a Tight Budget. You'll almost always save money by hanging on to your old car for as long as possible. Even if a new car costs less to repair and fill up, those savings are dwarfed by the upfront cost, monthly payments, and higher insurance.
How Old Is Too driving a car? ›The time you stop driving should be determined by your performance on the road, not age. But when you get to 85 years of age, it's time to start preparing for life away from the steering wheel, even if you feel you are fit as a fiddle. It is less safe to continue driving after you turn 85 years.
Why should a 14 year old drive? ›A driver's license is one of the biggest status symbols among high school students, and getting a driver's license makes the adolescent feel more independent. Parents no longer have to do the driving - the teen can get places on his or her own.
Can you drive a car for 20 years? ›You can drive it forever. It only becomes unsafe when you fail to maintain it and refuse to repair the worn components. Such as driving a car with bald tires. You can keep driving it until they are all flat and shredded.
What is the best age for a car? ›Consequently, a car that's between two and three years of age is often considered to be the best in terms of both longevity and price. Once used cars get to about four, five or six years of age, they're not much cheaper than three-year-old models – depending on the mileage on the clock, of course.
What are the benefits of older vehicles? ›Insurance is cheap: Older car equals lower value, which equals lower risk, and thus, cheaper insurance. Taxes are low: Some owners cite low property taxes as a reason to keep an old car. Tires are cheap: For some, replacing and maintaining tires on older cars is cheaper and easier.
What's the youngest age to drive? ›In the U.S., you can typically apply for your full driver's license between the ages of 16 and 18. What states can you drive at 14? You cannot get a full, legal driver's license at the age of 14 in any state. You can get a learner's permit at 14 in Alaska, Arkansas, Iowa, Kansas, North Dakota, and South Dakota.
What is the least age to drive? ›Learning License Age Limit for Light Motor Vehicle :
The minimum age for driving a transport vehicle is 18 years of age. He or she should have also finished education till 8th standard.
At the age of 16 a student can drive themselves around to practices and save their parents time and money as well. When students get their licenses, they become more independent. If driver's would have to wait to get their license at the age of 18, it would cause them to be dependent on their guardians.
What is the average life of a car? ›A conventional car can last for 200,000 miles. Some well-maintained car models will reach 300,000 or more miles total. The average passenger car age is currently around 12 years in the United States. Choosing a well-built make and model can help extend your car's longevity.
Why do people prefer older cars? ›
Why? Classic cars compete on a completely different level. It's not about efficiency and speed, but about the experience, style, exclusivity and craftsmanship, all of which are universal and timeless. Classic cars not only appeal to car lovers, but also to lovers of engineering, design, art and history.
How many years should a car last me? ›On average, a vehicle will last approximately 11-12 years on the road. However, with good maintenance and attention, your vehicle can last even longer. Believe it or not, the Guinness World Record for the highest vehicle mileage on a personal car has over 3,000,000 miles on it!
Are older cars unsafe? ›So are older cars safer than newer cars? Contrary to popular belief, no. In fact, they are more dangerous than newer models due to the lack of modern safety features. This puts many drivers on the road at risk of serious injury or death if they have an accident.
Are old cars harder driving? ›Are older cars harder to drive? As you might expect when it comes to driving an older car, older cars require a lot more physical exertion to start, steer and brake - because they lack much of the modern wizardry that makes driving a newer car so straightforward.
Is driving an old car unsafe? ›Older cars lack modern features, including airbags, crumple zones, and seat belts. While this does make them less safe than modern cars, that doesn't necessarily mean they're death traps you should steer clear of. One thing to keep in mind is that most accidents are attributed to reckless driving.
Is mileage or age of car more important? ›While it's a good idea to consider the age of a vehicle and the number on its odometer, it's more important to look at how well the owner maintained the car. A 10-year-old car with 100,000 miles may have received more TLC than a five-year-old model with 50,000 miles.
Does it matter the age of a car? ›Age is also an important factor to consider when buying a used car. Just like people, cars get old and start to show signs of wear and tear. Older cars are prone to having more repairs and may not meet the standards of new cars. Also, the value of a car decreases as it gets older.
Is it OK to buy 15 years old car? ›The maximum age for petrol-related vehicles remains the same (15 years). Diesel-fueled cars have a life cap of 10 years. Any car older than this found on Delhi roads will be fined Rs. 10,000.
What problems do older cars have? ›Classic cars are known to be oil hogs. The wear and tear on the engine causes oil leaks and oil burning. In fact, your classic car could be overheating in part because there's a motor oil issue. If the engine is burning through the oil, you might see blue exhaust coming out of the tailpipe.
Why do old cars go up in value? ›Most cars lose value immediately after they are driven off of the dealer lot, but classic cars gain in value over time, due to rarity, performance, or special attributes.
Should I daily drive an old car? ›
While some view classic cars as an investment, others find great joy in using them. If you plan to increase the value of your car or at least maintain it, using it as a daily driver may not be the best choice. Daily driving will cause wear and tear on your vehicle that otherwise wouldn't happen in storage.
What age can you drive in Japan? ›Roads and rules
Cars drive on the left side of the road and have the driver's seat and steering wheel on their right side. The legal minimum age for driving is 18 years. Drinking and driving is prohibited. Road signs and rules follow international standards, and most signs on major roads are in Japanese and English.
In Texas, one must be 14 to begin classroom instruction for a learner's license and 15 to receive that provisional license to drive with an instructor or licensed adult in the vehicle. Department of Public Safety Sgt. Victor Taylor said it would be illegal for a 13-year-old to drive on public roads.
What state has lowest driving age? ›South Dakota, North Dakota and Montana have the lowest age to drive in the USA where a full license can be issued at just 16 years old.
Do I need to drive at 17? ›If you want to drive a car, you'll need to be at least 17 before you can do so on UK roads. There are, however, exceptions to the age limit. You can get a provisional licence and take your car driving test at 16 if you receive the Personal Independence Payment (PIP) that's made to long-term sick or disabled people.
What country is the youngest to drive? ›Countries with the lowest driving ages (17 and below) are Australia, The Bahamas, Canada, Malaysia, New Zealand, the United Kingdom (mainland), United States, and Zimbabwe. In some jurisdictions in the United States and Canada, drivers can be as young as 14 (with parental supervision).
Why is 18 the age to drive? ›The citizens are given their right to vote at the age of eighteen years by the Government because it considers them as responsible citizens who will contribute for the betterment of the society. Thus, 18 years is the right age for driving if it is done in disciplined manner.
Why minors should not drive? ›Teen drivers have a higher rate of fatal crashes, mainly because of their immaturity, lack of skills, and lack of experience. They speed, they make mistakes, and they get distracted easily – especially if their friends are in the car.
Which brand of cars last the longest? ›The highest mileage car on record is Irv Gordon's 1966 Volvo P1800S, with over 3 million miles. There were even two electric cars in the study. The Tesla Model S has a potential lifespan of 133,998 miles and the Nissan Leaf 98,081.
How long do engines last? ›
Average engine lifespan
For some time, the average lifespan of a car's engine was eight years, or 150,000 miles. New designs, better technology and improved service standards in recent years have increased this average life expectancy to about 200,000 miles, or about 10 years.
Rough, bumpy rides can be due to bad tire alignment, incorrect air pressure – too low, too high, different pressures in each tire – or even the tires not being mounted properly. Worst case scenario could be the rims themselves have become damaged or warped.
Is older cars safer than newer cars? ›ABOUT NEW CARS
It's a fact – newer cars are safer than older cars. Advanced technologies and improved structural designs make newer cars a safer choice for your family.
Cars do become less efficient as they age. With wear, the sealing of the combustion chamber becomes less efficient, loosing compression and thus power. However, in practice, the car really needs to be very old before you ever notice it…
What is the best mileage to buy a used car? ›The average car gets in 10,000 to 12,000 miles per year, so used cars with an annual average lower than that can be considered as having good mileage. Simply divide the odometer number by the car's age in years to determine it's annual average.
How much mileage is too much for a used car? ›There's no absolute number of miles that is too many for a used car. But consider 200,000 as an upper limit, a threshold where even modern cars begin to succumb to the years of wear and tear.
Can a car last 500 000 miles? ›Depending on how well you treat your car, you could potentially reach over 500,000 miles. In fact, there's a driver whose car reached even more than that.
Is it good to drive an old car? ›It's a statistical fact that cars become less safe to drive as they age. According to the National Highway Safety Administration, the driver of a vehicle that's 18 years old or older has a 71 percent greater chance of dying in a bad car crash compared to a driver who drives a three-year-old car.
Why are older vehicles better than new? ›Since they lack automated features, classic cars have a more hands-on driving experience, and they can be easier to work on yourself. And while newer cars will depreciate with age, classic car values tend to appreciate due to supply and demand, especially for well-maintained ones.
Does driving an old car save money? ›Keep driving it and you save money not only because you don't have to make payments on a new car, but also because insurance premiums are lower, and in some states, so are registration fees and personal-property taxes.
Are older cars more safe? ›
So are older cars safer than newer cars? Contrary to popular belief, no. In fact, they are more dangerous than newer models due to the lack of modern safety features. This puts many drivers on the road at risk of serious injury or death if they have an accident.
Do older cars break down more? ›Older cars are more likely to develop mechanical defects than newer cars, such as tire failure like blow-outs, brake failure, engine issues that cause drivers to lose control of the vehicle.
What do most millionaires drive? ›Toyotas, Hondas and Fords? According to a 2022 study by Experian Automotive, a lot of wealthy folks simply don't drive fancy cars. The study found that for people with household income of more than $250,000, 61% don't drive luxury brands. They drive Toyotas, Fords and Hondas like the rest of us.
How often should you run an old car? ›In fact, one of the best things you can do for your car is drive it regularly– once per month is the recommended minimum. One of the biggest issues with old cars is that they're not used regularly. If you leave your car in the garage for too long, its seals and rubber components can dry out and cause leaks.
At what mileage should a car be replaced? ›A conventional car can last for 200,000 miles. Some well-maintained car models will reach 300,000 or more miles total. The average passenger car age is currently around 12 years in the United States. Choosing a well-built make and model can help extend your car's longevity.