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a) When a vehicle hasn't been very far.

b) When something is very new.
"Wow, that hearse has a low mileage!"
by Goushuu-Jin October 09, 2003
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A brand spanking new vehicle, just rolledout of the showroom and ready to take to the roads.
Gleaming Bodywork, up to date technology and a stylish modern look.
My girlfriend is so tight, there's some real low mileage on that one.
by Container October 07, 2003
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