MileHigh, I agree 100%. One cannot determine the true value of a used car without determining how much deferred maintenance there is. If you buy a car that will need brakes, tires and 90K mile service in the next month or two, the might be worth ~$4,000 less than if all of that was just done. That is a drastic difference in price for a car that might sell for $15,000.
That said, most cars haven't just had all that done, and most cars aren't in need of all of that in the next couple months. My $0.02.
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