Why do used Hondas and Toyotas have double the mileage of GM, Ford & Chrysler?
Shopping for used car and noticed Hondas and Toyotas typically have 200k or more miles while Big 3 only have 100k for the same price.
Because the Japanese get it. They understand efficiency.
Because the Japanese build better and more reliable cars.
Market value determines asking prices.
Because car dealers like to make money.
There's a pervasive belief in the used car market that "Hondas and Toyotas run forever" (starting in and stemming from the 1980s where Japanese cars DID typically outlast comparable American cars mechanically). If a customer is willing to pay the same price for a ~200K mile Corolla or Civic as a ~120K mile Focus/Cruze etc., then of course a car dealership is going to let that customer pay the same price for the high mileage Japanese car. After all, it's very likely that the dealership got that high mileage Toyota/Honda as a trade-in and paid very little for it due to… You guessed it, the high mileage on the car!
"Honda and Toyota run forever" customers exist, they're everywhere, and dealers love to make money off of them. That's why 200K mile Toyotas and Hondas are priced similarly to much lower mileage domestic cars. It's not necessarily because they actually do "run forever", it's because certain customers THINK they run forever and dealers can profit from that belief by charging a premium for a high mileage used car built by Honda, Toyota etc.
Because American cars cost less than Japanese cars.
If you compare a 2015 Malibu, Fusion, Accord and Camry with exact same features and mileage the American cars will always cost less.
AN American car is usually shot at or before 200K, where a Japanese car will easily go another 100K or more if it's had good care.
THUMBS DOWNWERS, yes I know there are exceptions to the rule, but it's usually true Japanese cars last longer.
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