<prompt> Human: The other day my car died and Im in need of a new one. I want to get a used car, but I dont know what will be the best choice of price range to go for. I was originally thinking in the 5-6k-ish range, but everything in that is over 100k miles. Ive been told before that its not a good idea to get a car over 100k miles because, depending on how well it has been maintained, you could end up with a high repair expenses. How true is this? Is it really a better investment to buy a car thats more expensive say 10-11k range with lower mileage? From the financing side of it, if I went for the lesser range Id be able to pay out of pocket while if I went more expensive Id have to take out a loan. Because I graduate in a year and dont know if Ill have a decent paying job at the time, that is a concern of mine. Any advice is greatly appreciated.  <response>: Depends on the make, model, year, and owner. After 100 to 125, the previous ownership becomes a big factor. After 125, a poorly maintained Toyota will fall to bits before a well maintained Chevy.I bought in the 10k range, my Mazda is doing great, but itll probably do great through 200k if I keep up on maintenance. My advice is to see what the loan would be for the cheaper car. If you can get a nice low rate, it might make sense to get the loan and bank the balanceinvest, but because its an older car with that many miles, chances are the interest rate will not be in your favor. 