The Used Car Price Comparison calculator evaluates the value difference between two used cars based on their mileage, price and mileage life expectancy.
INSTRUCTIONS: Choose units and enter the following:
Used Car Price Comparison (UCPC): The calculator returns the cost per mile to reach the mileage life expectancy.
The Used Car Price Comparison equation allows you to compare and level out the selling prices of two cars by determining the cost per mile until the vehicle would reach your final mileage.
You've settled on a particular used car, but how can you compare the prices and mileages of the same model offered at different dealers that have different prices and mileages?
Let's say you plan to keep the vehicle until 200,000 miles. Which is the better deal, a car with 120,000 miles selling for $8999 or the same car with 95,000 miles selling somewhere else for $10,899?
(Of course there are many considerations to make when selecting a vehicle, so this equation makes many assumptions; for example, neither vehicle was in an accident or has other diminished value, they were maintained similarly, same trim package, etc.)
NOTE: This formula DOES NOT take into account:
It's meant for an apples to apples comparison of comparable vehicles with differing mileage and prices.
ChatGPT provided the following guidance when asked, "What 50 vehicle have the longest life expectancy in mileage?"
Here are some of the vehicles with the longest life expectancy in mileage:
Other vehicles frequently mentioned for their longevity include:
These vehicles have been recognized for their ability to reach and often exceed 250,000 miles with proper maintenance and care (Autoblog) (iSeeCars) (Autoblog) (Motor Illustrated).