How Much Does Mileage Affect Car Value in Canada? — Data Analysis

CARDAPS analyzed 150,000+ Canadian listings to map how mileage affects price across vehicle types. The key finding: mileage impact diminishes as total mileage increases. 0–60,000 km: Steepest drop. Each 10,000 km reduces value by $800–$1,500. A 2022 Honda CR-V with 20,000 km sells for approximately $2,000–$3,000 more than one with 50,000 km. 60,000–120,000 km: Moderate impact. Each 10,000 km reduces value by $500–$1,000. The vehicle is past its "nearly new" premium, and buyers are more focused on condition and maintenance history than exact odometer reading. 120,000+ km: Diminishing impact. Each 10,000 km reduces value by $300–$600. At this point, buyers care more about whether the vehicle was maintained than the specific number on the odometer. A well-documented 140,000 km vehicle with full service records is worth more than a 120,000 km vehicle with no records. The 20,000 km/year benchmark: Canadian average annual driving is approximately 20,000 km. Vehicles below this pace (e.g., 40,000 km on a 4-year-old car) command a 5–10% premium. Vehicles above (e.g., 120,000 km on a 4-year-old car) face a 5–15% discount. Vehicle type matters: Trucks lose less value per km (owners expect higher mileage). Luxury vehicles lose more per km (buyers are pickier about condition).