So if you're looking at a 10-year-old vehicle, around 120,000 miles on the odometer is typical. But some vehicles travel more, and some travel less. And there are ones that are a good choice and others of which you should steer clear.
With proper maintenance, cars can have a life expectancy of about 200,000 miles. But whether you reach that in two years or 10 years, it doesn't have to mean the end of your vehicle's life.
From April of next year vehicle owners will have to shell out ₹5,000 for renewal of the registration if their vehicle is more than 15 years old, the Union ministry of road transport and highways notified on Tuesday.
Life-time RTO tax is a tax paid by a company at the time of purchase of a vehicle. At the time of registration of a new vehicle, the rate of tax will be 7.5% of the cost of the vehicle.
According to National Green Tribunal's 2015 order, petrol cars in Delhi-NCR have a lifecycle of 15 years while the same for diesel cars in 10 years. This is different in contrast to the rest of states in India where even diesel cars have a lifecycle of 15 years.
Modern cars are, on the whole, extremely reliable even as they age. The average five-year-old car costs about $350 in repairs, while a 10-years-old car has an average annual repair cost of just under $600 a year.
In most cases, the first service for a used car is usually between 30,000 and 40,000 miles; by the 70,000-mile mark, the service visit is usually more expensive and might require more work, such as changing the timing belt, according to Edmunds.
Generally, the life of a petrol engine is estimated at 1,00,000-2,00,000 kilometres, however, it may require overhauling in between. Moreover, the engine life would depend on certain factors such as timely maintenance, keeping the oil levels in check, servicing the vehicle at authorized centers, etc.
It's normal for your car's gasoline engine to run for around 200,000 miles before it needs a serious overhaul, or you need a new vehicle. But diesel engines can continuously run for an impressive 1,000,000-1,500,000 miles before needing any major work.
Now, you can expect a standard car to last around 12 years or about 200,000 miles. More advanced vehicles like electric cars can go even longer, up to 300,000 miles. Not too long ago, you could expect a car's lifespan to be around eight years and 150,000 miles.