Hey all. . . new here. My wife and I are looking for a large SUV and found a nice 2013 traverse in our price range, but it has 170K miles on it. I've done some research on them and from what I gather the earlier models had a lot of issues, but 2013+ has fixed a lot of the issues. The vehicle has maintenance records showing timely oil changes and has only had one owner. Would you consider buying a 2013 traverse with that many miles? Price is $5500 if that helps opinions at all. Thanks for any and all advice!
With 170k, My opinion is that is it a little high. What does KBB say? I just checked KBB, is it AWD? They say Good condition range is 6-9K, so, if it was well maintained, it is a decent value but you should always have a cushion for a repair bill, after all it does have 170k.
I sold my 2008 Outlook with 212K for $500 to a co-worker.
My neighbor has a Acadia Denali with 170k with carbon buildup on his valves, sounds bad when he starts it.
Yeah, it's definitely higher than we'd like, but it seems to be hard to find a later model with lower miles in that price range. It's a good $1k below lowest KBB price for the year/miles, which they put at $6500-$8300.
It's hard for 3 rows to fall below $5kish, there seems to be a market no matter condition or mileage at that price point.
I mean of course it's a risk and if major components go up you could spend a significant percentage of the vehicle's value, but your budget is what it is.
My recommendation would be to pay for a purchase inspection to give you a little more confidence and if you move forward try to set aside $100 or $200 per month in a separate account as an emergency fund. If everything goes well and you have no issues after years it will be a nice down payment on a newer vehicle.
Its one of those questions I wrestle with all the time.
Being a California car-- the body and all suspension pieces are rust free.
If I had a major failure.. would I spend say $8000 to get engine repaired/trans repaired and installed into an excellent body and be good.....
or spend $40,000 on a new car?
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