The U.S. Department of Transportation revealed that the average driver in the United States puts 13,500 miles on their primary vehicle each year. At well over 1,000 miles per month on average, this is the highest amount Americans have averaged over the same time frame in history.
It should be no surprise that the value of a vehicle is in inverse proportion to the number of miles on its odometer. For example, a vehicle with under 10,000 miles will have a relative value of up to 98%, while one with 90,000 miles sees its relative value drop to 64%. A vehicle with 50,000 miles will have a relative value of 72% to 74%.