> e.g. I can buy a 2003 Honda Pilot 4WD for $5,600 which probably has a good 200k miles left. I frankly would not take that bet. There are many catastrophic (

> e.g. I can buy a 2003 Honda Pilot 4WD for $5,600 which probably has a good 200k miles left. I frankly would not take that bet. There are many catastrophic (costing more than the purchase price) repairs that can come up between 100k and 200k. If its survived that long it probably has more left in it, but a lot depends on how its been driven and maintained.