Some lenders limit mileage because they want a financed car to be dependable. Older cars with high mileage aren’t as reliable as newer cars with fewer miles. They also have a greater chance of breaking down and needing expensive repairs. Some cars last longer than others, so it’s worth doing some research before you shop for a car. Choose one that’s reliable and isn’t known for being in a mechanic’s shop for a long time. Taking care of your car by having regular oil changes and following the manufacturer’s maintenance guidelines should help, though you may not get to the 3.04 million miles that a 1966 Volvo P1800 owner got to get his car the Guinness World Record for highest mileage. A typical passenger car should last 200,000 miles or more, according to the nonprofit Car Care Council. If you buy a car with high mileage, such as 100,000 miles or more, you could still get a lot of miles out of it, but some lenders may avoid such high mileage cars. Yes. Some banks will finance vehicles with high mileage because they understand that vehicles last longer than they used to. A private party auto loan, where you’re buying a car directly from the owner, may typically only be available to credit union members or bank customers.