Edward writes:

Here’s something I’ve been wondering: Why did odometers typically read only to 100,000 miles until fairly recently? Was that the maximum cars could possibly last when the practice began? Was it marketing — “100,000 miles, need a new car”? Is it something else? Durability expectations were certainly raised when Volvo added another digit, and with good reason. Two hundred thousand miles or more now seems to be feasible for many cars, with others known for exceeding that.

The odometer limitation certainly creates lots of doubt in the market for older vehicles. 50,000, 150,000, or even 250,000 miles are possibilities for a given vehicle.

On a related note, why are dealers so committed to ensuring no owner documents are provided with a used car? Even when buying an obviously well-maintained car at a reputable dealer, all I got was a whispered, “The timing belt has been changed.”

I look forward to hearing your thoughts. (Read More…)