How New Is a Car with 40,000 Kilometers?

1 Answers
Tate
07/29/25 9:38pm
A car with 40,000 kilometers is considered 80% new. Relevant details about used car transactions are as follows: Influencing Factors: Mileage affects the transaction price of used cars. Even if a car hasn't been used for long, frequent usage leading to higher mileage can impact its value. Used car appraisers note that while many factors influence the price of a used car, the primary ones are the car's condition, age, and mileage. Mileage is a key determinant of a used car's price. Value Assessment: To assess the value of a used car, assuming its surface condition appears good, the mileage will largely determine its worth. A car with 200,000 kilometers has little value, even if it hasn't been used for a long time, because high mileage indicates frequent use and significant mechanical wear.
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