Are there any mileage-related tax implications when buying or selling a used car?

... buying a used car, one of the most important factors being mileage. What is good mileage on a used car? Some Providence, RI drivers wouldn't look twice at a car ... There's no simple way to determine what counts as good mileage for a used car, but many St Paul-area drivers prefer used cars with fewer than 60000 miles. Therefore, a vehicle driven for 10 years, would have an acceptable mileage of 120,000 miles. TSI VW engine. Shop New and Used Cars on Carpages.ca. How Much ... Apr 3, 2025 ... To assess a used car's mileage, multiply its age by 10,000. For example, a five-year-old car should have no more than 50,000 miles. If it's ... May 17, 2014 ... Buy the car that you can afford, with the options and mileage you deem appropriate. Any used car should be weighed on several conditions and ... Oct 25, 2019 ... The red star indicates the year (2016) we bought our 2010 Toyota Prius. As you can see, the 2010 Prius had already experienced a great deal of ... An old car with low mileage may seem like the perfect find, but buying a newer vehicle with higher mileage is often the better choice: When people don't drive ... While low-mileage vehicles can often be a smarter buy, there's no one number to look for when it comes to good mileage for used cars. Instead, “good ... Dec 14, 2023 ... Good mileage for a used car is around 20,000 km (12,400 mi) per year. Mileage assessment also depends on factors like make, model, maintenance, ... Buying a used vehicle is a big decision, and you have several things to consider like the price, condition, mileage, and how long you intend to own it. Some ...