How Much Does Mileage Affect Trade-In Value? Our Appraisal Standards Explained
Vehicle mileage significantly influences trade-in value, with lower mileage enhancing appraisal offers by indicating less wear and future maintenance needs, while higher mileage typically lowers value due to increased reconditioning costs. Appraisers use mileage as a baseline and combine it with physical inspections and market data to provide consistent, transparent offers, valuing well-maintained vehicles higher despite odometer readings.