Why a One-Owner Car Is Considered Desirable
Sometimes, it's worth paying more for a car's provenance.
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Maintenance Records Are Easier to Score
When buying a used vehicle, knowing how it's been treated can provide peace of mind.
The strongest argument for tracking down a one-owner car is that there's a better chance it comes with a complete maintenance record. The more times a vehicle changes owners, the more opportunities there are for documents to be misplaced.
Consistency of Maintenance Is a Key Factor
The consistency of the maintenance history is a key area where a single-owner situation adds to the value of a used vehicle. The theory is that someone who wanted the vehicle enough to buy it new was also inclined to shell out for its upkeep.
With multiple owners, there's a risk they took a more casual attitude toward maintaining the vehicle. They may have skipped spending money on pricey repairs, scheduled maintenance, or fluid changes.
Cars Depreciate but Maintenance Expenses Don't
When comparing the maintenance of a one-owner vehicle to an example that's been parked in several garages, you may find that because the original buyer had the financial means to purchase the model-new vehicle, they could likely have also afforded to keep up with regular maintenance and repairs.
While a used vehicle's value depreciates over time, the cost of maintaining it doesn't. For example, a water pump designed for a $100,000 BMW will almost certainly be more expensive than one for a $30,000 Kia.
If subsequent owners deferred issues due to budgetary concerns, that can cause problems over the life of the vehicle.
An Inspection Is Still a Must
A one-owner vehicle obviously doesn't negate red flags or all the other factors that need to be considered when determining a vehicle's value.
Buyers will also need to take a test drive, consider the vehicle's mileage, and evaluate its overall condition. It's also important to hire a professional mechanic to do a pre-purchase inspection to ensure you get the full story on your prospective purchase.
Written by humans.
Edited by humans.
Nearly two decades into his career as an automotive journalist, Benjamin has had his hands greasy, his hair blown back, and his heart broken by more than one project car. In addition to his work at Capital One, he has contributed features and reviews to Motor Trend, Car and Driver, Hagerty, Driving Line, Inside Hook, Super Street, European Car, Roadkill Magazine, Motor 1, The Drive, the Toronto Star, the National Post, Business Insider, NAPA, Autoblog, Automotive News Canada, and AutoGuide. He is also cohost of the Unnamed Automotive Podcast and cocreator of the Code 45 and Dead Air graphic novels. In his spare time, he's a friend to vinyl and enjoys keeping the shiny side up during track days.
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