If you can find a vehicle with 100,000 miles on it, chances are it will be cheaper than the same vehicle with 50,000 miles on the odometer. You can save money by purchasing a higher-mileage car. For the right price, you can also pay cash and eliminate the need for financing and monthly payments.
Unless you owned the 100,000-mile vehicle yourself, you cannot prove what maintenance it has had throughout its lifetime. Vehicles with 100,000 miles on the odometer are often in need of a major service and lack a warranty. Check with the manufacturer to determine what work is recommended and find out from the current owner what repairs have already been completed.
You should buy a car with 100,000 miles on it if you can ensure that it is mechanically sound. Have a mechanic take a look at the vehicle before you purchase it and ask for a detailed list of repairs that need to be done. Find out from the current owner about the repair and maintenance history, such as timing belt replacement (an expensive maintenance item).
