[Pool Shark]

Hi all,
I am considering a 2014 Honda Accord LX with 150k miles. It looks like it has been maintained very well (from the Carfax) but I have yet to see in person. It is a 6 speed and the alternator, brakes and drive belt were just done.

Should I even consider a vehicle with this many miles? Also I understand the I4 has a timing chain, do I need to be worried about this?

BTW I am also considering a 2017 Honda Accord Sport SE and if I can snag a good deal on that might just go that route.
Thanks all.

I guess it depends on a few things: your financial situation will certainly play a factor. Do you prefer to spend ~ $7k upfront and roll the dice? Or are you comfortable spending (financing) ~ $22k? In both cases, routine maintenance will be required (oil changes, tires, brakes), but with the higher mileage vehicle, there might be more items that need attention due to wear. Are you comfortable with the idea of not fully knowing the previous owner's driving style versus a brand new car? Are there options/features that you are looking for and available in 2017 model versus 2014 (I don't know enough about what was available in MY2014 LX trim).

With due diligence, you'll arrive at a decision that works for you.

 

[ethan2014]

I agree with the pool shark. Also better to buy new because of the new car warranty. It will make you sleep better at night. If you can get the 2017 sport se 6MT for around $24,000 OTD then that's an excellent price. If CVT($800 more) then that's an unbeatable price.

 

[nj1k]

Thank you everyone for your input.

What is the consensus on what I should offer for the 2014? $7k maximum?

Should I wait till the end of the month if I decide to do the 2017? Can I expect better pricing then?

 

[jreuschl]

I'm wondering why that seller wants to dump his Accord when it clearly has life left in it.

Sent from my SM-G930P using Tapatalk

 

[qman]

I wouldn't pay a dime for a car with 150k on it and I would give it away for free if I had one..:0

I would do both. As a matter of fact, I have done both.

 

[dfwxjer]

Comfort Zone - I know someone that buys new & trades in @ 70K, they think that is the milage when the car is used up.

I'm one of those people. At 70k miles the car generally needs more maintenance, tires, brakes and what not. Not to mention I'm usually bored of it, and want something new with more features or whatever is available.

Plus the vehicle is still usually worth a decent amount on trade in. It's not to the point it's having issues so I have time and leverage over the dealership to wait them out until the numbers work for me.


$1000 for tires alone is usually enough of a factor for me. With the amount I drive I just accept a small car payment in my life for the peace of mind via warranty and honda roadside assistance.

 

[pparks1]

I'm one of those people. At 70k miles the car generally needs more maintenance, tires, brakes and what not. Not to mention I'm usually bored of it, and want something new with more features or whatever is available.

Being bored with it is probably the biggest thing people struggle with. I personally love to get to the point where I don't have a car payment myself. I had a few cars that went relatively trouble free for 5 years after they were paid off, that makes me happy.

My problem is that I put on 20k+ miles per year. I would be at 70k miles in 3 years or so. So, I'd still have 2 years of car payments to go.

$1000 for tires alone is usually enough of a factor for me. With the amount I drive I just accept a small car payment in my life for the peace of mind via warranty and honda roadside assistance.

I would put a set of tires for my accord for around $500-$600 bucks. My monthly payment is almost $500, so having to put on tires isn't really a big deal for me. So, if I went say 5 months with no payment and had to put on a set of tires, I'd still be more or less payment free for 4 months.

 

[colt]

I'd never buy any vehicle with 150K miles.
$7K NFW!

 

[dfwxjer]

Being bored with it is probably the biggest thing people struggle with. I personally love to get to the point where I don't have a car payment myself. I had a few cars that went relatively trouble free for 5 years after they were paid off, that makes me happy.

My problem is that I put on 20k+ miles per year. I would be at 70k miles in 3 years or so. So, I'd still have 2 years of car payments to go.



I would put a set of tires for my accord for around $500-$600 bucks. My monthly payment is almost $500, so having to put on tires isn't really a big deal for me. So, if I went say 5 months with no payment and had to put on a set of tires, I'd still be more or less payment free for 4 months.

I put 25-30k miles on each year.

My previous 2 Accords were Sport models. The 18" Michelins on the 2013 were $250 each, and the 19" tires on the 2016 were similar in price.

Regardless, i get your point and don't disagree with you. It's just personal preference for me. I won't lie, not having a car payment would be really nice. I'm just not super keen on strict maintenance, and after driving clunkers all through high school and college, I can't say I want to worry about cars ever again.

 

[pparks1]

My previous 2 Accords were Sport models. The 18" Michelins on the 2013 were $250 each, and the 19" tires on the 2016 were similar in price.

Yeah, those really large tires do get expensive. My 2016 Accord has Goodyear Assurance Fuel Max Tires. They are about $135 each.

Regardless, i get your point and don't disagree with you. It's just personal preference for me. I won't lie, not having a car payment would be really nice. I'm just not super keen on strict maintenance, and after driving clunkers all through high school and college, I can't say I want to worry about cars ever again.

I get where you are coming from. I bought a Honda hoping for great reliability over the years. Hopefully that works out in my favor. My last few cars were all bought new, but I'm starting to think i may have purchased my last brand new car. They just loose too much value and aren't really an investment. I might go for a used car in the next go around and focus on paying it off as quickly as possible.

 

[dfwxjer]

Yeah, I have the same Goodyears on my new one. I plan to keep this one a few years, and I was tired of worrying about the large wheels and expensive tire replacement on the Sport.



Hondas seem to have excellent resale value which helps me at trade in time. I buy when they're severely discounted to move stock (my dealer is a huge volume dealership), and they usually give me good trade in value. We'll see how long I keep this one, but so far I really like it.

 

[qman]

I personally love to get to the point where I don't have a car payment myself.

I haven't had a car payment for 20 years. I consider the couple hundred bucks a year in maintenance to be my car payment.

 

[qman]

I'd never buy any vehicle with 150K miles.
$7K NFW!

Bought my 03 two years ago with 185,000 miles for $2500. Added another $1000 in wear items and now it runs like a brand new car.

 

[colt]

Bought my 03 two years ago with 185,000 miles for $2500. Added another $1000 in wear items and now it runs like a brand new car.

Doesn't change my mind.
You're in the minority (and paid much less) as most will have issues and keep pumping money into the vehicle.

 

[dfwxjer]

Different strokes and all personal preference. There's no way I would be able to keep a 14 year old car with closing in on 200k miles running well. Not to mention the 25-30k miles I drive each year would push it quickly in to super high mileage.

 

[Cameronal]

I think in the long run it might be a bad investment. a 2014 car should be driving around 15-25 thousand miles per year to be considered healthy. However the car you describe has been driven around 50k miles per year and that seems like a lot!

 

[visionguru]

Hi all,
I am considering a 2014 Honda Accord LX with 150k miles. It looks like it has been maintained very well (from the Carfax) but I have yet to see in person. It is a 6 speed and the alternator, brakes and drive belt were just done.

Should I even consider a vehicle with this many miles? Also I understand the I4 has a timing chain, do I need to be worried about this?

BTW I am also considering a 2017 Honda Accord Sport SE and if I can snag a good deal on that might just go that route.
Thanks all.

It depends on how the car has been driven, the cosmetic condition, and the price. 150K miles doesn't paint the whole picture.

I bought my 07V6 at 145K miles and I like it.

 

[qman]

Doesn't change my mind.
You're in the minority (and paid much less) as most will have issues and keep pumping money into the vehicle.

Kinda hard to define what the minority is. If you mean folks that know how to take care of their ride then ya, I'm in there. I had to learn how to take car of cars out of necessity as a teenager and now it's habit. A neat by-product of that is it's also time and money saving. Even my girls work on their cars. Oil changes and wear items are really not all that hard to deal with. Especially once you get the hang of it.

Anyway, The 7th Gen forum is filled with like people who's cars are in fabulous shape and have 200,000+ miles. My car runs great and ever since I switched to synthetic oil the thing runs even smoother.

 

[colt]

Kinda hard to define what the minority is. If you mean folks that know how to take care of their ride then ya, I'm in there. I had to learn how to take car of cars out of necessity as a teenager and now it's habit. A neat by-product of that is it's also time and money saving. Even my girls work on their cars. Oil changes and wear items are really not all that hard to deal with. Especially once you get the hang of it.

Anyway, The 7th Gen forum is filled with like people who's cars are in fabulous shape and have 200,000+ miles. My car runs great and ever since I switched to synthetic oil the thing runs even smoother.

Q, the only way I would ever consider buying a vehicle with high mileage is if I know the person selling that vehicle and saw how the car was taken care of.
I can do many of the minor things like oil changes,filters etc but prefer newer vehicles with modern tech.

Would you pay $7K for that 150K mile Accord?

 

[qman]

Q, the only way I would ever consider buying a vehicle with high mileage is if I know the person selling that vehicle and saw how the car was taken care of.
I can do many of the minor things like oil changes,filters etc but prefer newer vehicles with modern tech.

Would you pay $7K for that 150K mile Accord?

If it was the car I wanted I'd be shooting for $6000-6500. FWIW, I paid $5700 for my wife's 2004 3 years ago and it had 120,000 miles on it. Other than windshield wipers, spark plugs, and O2 sensors, that car hasn't costed a dime since.I think maintenance has been those 3 items, maybe an air filter, and a couple oil changes.

Keep in mind that I'm patient. It took me a year of checking Craigslist every day to find that car. Took me another year to find my 2003. So I would only consider that 2014 LX if it was what I was looking for and it checked out for me.