I am considering purchasing a 2016 Chevy Malibu that has over 253,000 miles but is selling at a selling at a excellent price under $8,000.00. What are your thoughts?

Hello, that kind of mileage would make me quite concerned; the engine and transmission as well as all other moving components are well taxed and stressed. They were really never meant to be driven for this many miles, honestly. You may be OK, but you could have some serious expense coming your way. If you purchase the vehicle,. make sure to have about $10,000 in the bank anticipating expenses to come.