I’m thinking about buying a used truck. Should I buy A or B.
A. 2 year old toyota pickup with 100,000 miles
B. 6 year old toyota pickup with 50,000 miles.
Assume that they are identical in all other respects including price.
thanks
Depends on – if you care about future resale price and how many miles you intend to put on it.
If youre a light (mileage)driver then get the newer one. I dont think miles scare people as much as they used to - to a certain point. In a couple years the resale value might be higher than the older one.
If youre a heavy (mileage)driver then get the older one. Youre added miles won`t depreciate the truck as much as the age of it will.
Personally I might think the newer truck with 100,000 miles may be a bad idea. If the miles are “City Miles” then the buggy’s done a lot of starts & stops & has probably been used as a delivery vehicle (hard driven). If they are “highway miles” there may be a good chance that oil changes have not been too regular and the engine will be highly worn.
Another approach: go to www.NHTSA.com and see if you can dig up any dirt on either truck that is of concern. The older truck will also be cheaper to insure and (slightly) less of a target for thieves.
In addition to having fewer miles on it, the older truck will have a more complete database of “issues” because they have had more time to manifest themselves.
Keep in mind that a vehicle with 100k miles basically automatically becomes auction fodder; unless its PERFECT, and you’ve had it checked out by a good mechanic, don’t pay more than 2 grand for it.
I strongly suggest the older one.
Well, given your parameters, get the one with less milage. If they are indeed “identical in all other respects”, the year model is meaningless unless you consider resale. I would beat the seller up on the price of the older one if I was you though.
In my opinion, however, 100K ain’t nothin on a late-model Toyota, and I’m guessing the newer one has more features than the older, and you can beat the seller up on the price due to the milage.
Bottom line: Beat the seller up on the price. 
Run them both through kbb.com used car prices & see what you get.