Things have changed drastically over the years. Back in the 60s and 70s 60,000 miles was the number that a car's value fell off the cliff. 100,000 was a junker. Now that's nearly doubled. Now anything under 100k is low mileage. And it's not until 200k miles that the value plummets and the car sits forever on the used car listings. My first car was a twenty year old Chevy with 32,000 miles on it, my dad bought it for me for $250. Today a 2004 Chevy Impala with 32k miles would go for $6,000 according to NADA.