The average American drives about 14,000 miles per year. That means a Ford with 100,000 miles should be around 8 years old. Given the mileage and how quickly cars depreciate, a Ford F150 with 100,000 miles should cost around $8,000. It might sound pricey, but that’s a bargain considering it could last another 20 years if you keep to a regular car maintenance schedule.
It’s important to remember that cars also come with other expenses. While an F150 with 100,000 miles may be cheap upfront, they have generally poor gas mileage and you’ll likely need to fix a few things before you hit the road.
And it’s rare to find a used vehicle in tip top shape—the average American drives about 14,000 miles per year, so with 100,000 miles, you’re likely looking at around seven years of use.