By Anonymous - United States - Tucson
Today, I missed out on the chance of buying a great used car because my loan wasn't approved. Why wasn't it approved? Because the vehicle has +100k miles on it. I wish they would've told me that when I applied for the loan. FML
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  chyiochan  |  31

100k miles is like 2/5ths the lifespan of a Toyota engine. Our old Scion XB was at 198k miles and had zero issues, even got hit in the front in an accident and ran flawlessly for the 6 more years we had it. Had to trade in because family grew, but I'd love to have it back. ;__;

By  jbuckets_404  |  38

Wait, what? Why would you NOT want to know the mileage of a used car ASAP? For multiple reasons.
That doesn't make (common) sense ... (or approved loan dollars either apparently in this case).