I don't know. My oldest paid 6k for an 07 Corolla S with manual trans and 125k. It was a trade in at a dealership and in great shape. Seeing it will go at least 300k or more, he will have years to drive it and it looked like new. Yep, we had to go through a lot of trash to find it but they are out there..
Agreed there is a lot of trash but a gem every now and then. I bought a similar 2009 corolla with 75K miles on it a year ago from an older couple. It was an extra car for them thus the low miles. I paid $5K for it and now drive it 120 miles round trip on my commute. Just did all the major maintenance, hoping it will got at least 200K.
