Should You Buy a 2004 Camry with 247k Miles? A Comprehensive Guide

When faced with the decision to purchase a 2004 Camry with 247,000 miles, it's crucial to approach the situation with a critical and informed mindset. Many car dealers may claim the car is perfect aside from the high mileage, but it's important to weigh your options carefully.

Why Trust Your Local Dealer?

It's essential to be skeptical of a car dealership if they are selling a vehicle with such high mileage. A high mileage (over 150,000 miles) often indicates extensive use, and while some cars can withstand this kind of wear, it's unlikely they'll be in perfect condition. A trusted car dealer's inspection might not always be as thorough as an independent mechanic’s.

Other Affordable Options

If you're keen on finding a deal, consider looking for alternative options that might better align with your budget and requirements. For instance, local police impound actions can sometimes yield good deals on used vehicles.

I recently acquired two cars through my local impound action: A 1995 Isuzu truck for $800. This truck is a low rider with adjustable knock-off 80 spoke wheels and plenty of chrome. It features ice-cold air conditioning and has 115,000 miles. This truck is in great cosmetic condition. A 1965 Ford Mustang GT for $1,700. The car has a V8 engine, flowmaster mufflers, and is in mint condition. It's relatively low on mileage for a car of its age.

These alternatives are cost-effective and may meet your needs better than a high-mileage Camry.

Maintenance and Longevity

Evaluating the vehicle's maintenance history is crucial. If the car has been well-maintained, it can continue to run effectively for an extended period. Follow these guidelines to ensure the vehicle remains in good condition:

Regular Servicing and Oil Changes

Keep the car serviced regularly, and ensure you use quality oil, such as a minimum spec SL 5W-30. While it's unlikely to require extensive repairs, routine checks might include replacing shocks, brakes, and other components.

Considering a Different Make

If you're more concerned about the overall value and longevity of your car, consider alternative makes in the same price range. For instance, a 2004 Lexus LS430 with similar mileage and a favorable maintenance history can be a better investment. I purchased one with 100,000 miles ten years ago, and after 115,000 miles, it's still in great shape. This car is a testament to the value and reliability of high-end Japanese luxury cars.

Car Maintenance Tips

Replace the Starter: If needed, the highest maintenance cost on a 2004 Camry with 247,000 miles will likely be to replace the starter, which typically costs around $150 for parts and an hour of labor. Minimize Gadget Requirements: If you prioritize features, consider that a 2004 Camry may lack the latest in-car technology. Cars from this era often come with basic functionality, so you might want to keep looking if you're in the market for a vehicle with modern conveniences. Choose the Right Car: If you are focused on getting from A to B with reliable transportation, a 2004 Camry can be a solid choice. However, if you desire a vehicle with modern amenities, consider alternatives from reputable brands like Lexus.

Ultimately, the decision to buy a high-mileage car like a 2004 Camry should be based on your personal needs and preferences. With the right maintenance and a thorough inspection, such a vehicle can serve you well for years to come.