(Spoiler Alert: You’ll Be Shocked When You Find Out)
What is Car Mileage?
Car mileage has two definitions. One refers to fuel efficiency, e.g. how many kilometers the vehicle drives per gallon of fuel. The other is a distance count, totaling up how many kilometers that car’s driven so far. Both are important when choosing a vehicle.
In this article, though, we’ll focus on the latter definition, asking:
What is so important about car mileage? Why does it matter how many kilometers a car’s traveled in its lifetime?
And how does this impact the resale value?
To help you separate what is car mileage fact, from car mileage fiction, we’ve pulled together this short but to the point guide.
Let’s dive in…
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Why is Car mileage a super important consideration when buying a new car?
When buying a new car, there’s one inescapable truth: new cars depreciate in value as soon as you drive them away from the showroom.
That’s because — generally speaking — the higher the mileage, the lower the resale value will be.
Say you buy a new car, drive 150,000km in it over 5 years and then try to sell it on, you may find that the value of your car is much lower than you’d have hoped — your vehicle would be considered to have ‘high mileage’.
But you can’t not drive a car when you buy it, right?
What is so bad about car mileage, then? It just shows that a driver’s enjoyed the car and — typically — has given it a good service history. Right?
If you’ve ever shopped for a used car, then you’ll know how important car mileage is as a deciding factor…
When shopping for a used car, car mileage becomes even more necessary to interrogate
Shopping for used cars in the UAE is a tough gig.
As a region, vehicles in the UAE have the highest average mileage compared to anywhere else in the world. Here, it’s quite common for a used car to have 79,000km on the clock, compared to the global average of 47,000km.
This becomes an issue for both buyers and sellers of used cars in and around Dubai.
If you’re trying to sell, cars with high mileage don’t make the most attractive purchases to shoppers. After all, more road time tends to bring a greater risk of wear and tear.
If you’re looking to buy, chances are you’d rather get a two-year-old car that hasn’t amounted nearly 50,000km in its short lifetime.
Plus, fast forward a few years when you want to sell that car to someone else, you’ll find it even harder to get the price you want.
Car mileage has huge implications for buying and selling new and used cars — so what do you do?
Cars are made to drive.
You don’t want to be worrying about mileage when you set off on a road trip, or need to commute from Dubai to Abu Dhabi for a great job opportunity.
But really, the only way for car mileage not to affect your financially… is to not buy a car at all.
Car subscription services, like Invygo, offer the best of both worlds. You get a sleek, quality car on a long-term basis, without worrying about how far you drive it.
Our cars come with a standard 2,500km a month, and the opportunity to increase this to 4,500km for as little as 150AED if you need to.
And because you don’t own the car, you don’t need to spare a single second thinking about its resale value.
If that sounds good to you, get in touch today to start driving.