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Why are the mileage adjustment tables in Parkers so steep? A car I'm interested in has 48k on it, and as a late 2001 51 reg it should have about 30k on average. It's a diesel, and according to Parkers the price should be adjusted down by about £700. Does this make sense? If the car's been serviced properly, and you'd have to imagine a lot of those miles would be motorway...well I'm just surprised it makes such a difference.
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Which is why high mileage cars are such a bargain. Buy it before it gets clocked & goes up in price...
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Which is why high mileage cars are such a bargain. Buy it before it gets clocked & goes up in price...
This implies you think a high mileage car is as good as a low mileage one. Aren't they more likely to breakdown?
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Do properly maintained cars actually break down? (OK, I realise I've opened a can of worms here. But most modern cars only suffer catastrophic failure to their electronics - which is not (generally (I'll stick my neck out here) anyway) mileage related. Either that, or cambelts go when they haven't been changed according to recommended practice.
So yes, they are more likely to break down, but *how* much more likely? Modern cars don't break down. (Unless they're VAG, Alfa or Fiat.)
If buying a newish car, you should be sticking to a Japanese car, and then breaking down won't be a worry! Starship miles, or not.
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The AA free valuer knocks about £300 off a 2 - 3 year old picasso for every additional 10,000 miles. I have never been put off by high miles as if a 2 year old vehicle has 80,000 on the clock then it can't be as clocked as one with 8,000. I did see a 2 year old with 69,000 on the clock and all seats well used. I thought it was unlikely to be rep's M way miles - more likely a taxi - but with a 1.8 petrol engine?? I couldn't work it out.
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Glass's Guide includes an array of tables for calculating the effect of mileage on used car values - you pay more for lower than average annual mileage and vice versa.
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For the car buying public mileage is no.1 priority and for devious elements of the trade profit is no.1 priority.
Wedded together till death do them part - or at least until
the new MOT system comes in.
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>>mileage is no.1 priority >>
Strange really as modern vehicles, if properly maintained and serviced, will cover well into six-figure mileages virtually trouble-free and far outlast older models body wise.
Even my departed VW Jetta TX, now 14 years old and still in daily use, was immaculate apart from where careless shoppers had caught the doors with trollies, resulting in the metallic paintwork developing a crazed pattern effect. But it had no evidence of rust when it left me last year.
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Well, according to the AA valuer it is well priced, but £5750 for a private sale is a bit scary. What are the things I should watch out for? As you say, it's less likely to have been clocked (why not take it down to 30k and get more money) but how to spot if it's been taxied or rebuilt?
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Taxi: implausible number of aerials, or holes where they've been removed. unused driver's seat belt. stickers on dashboard (no smoking) that have been removed.
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In view of the fact that there are literally millions of used cars for sale, certainly more than there are buyers, why not look elsewhere and spend the money on something about which you have no reservations?
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Interestingly, on more careful reading, HJ suggests in another thread that in fact there is a shortage of used cars that is driving up prices. I must say that surprises me, but no doubt HJ has his ear considerably closer to the ground than I have mine!
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just traded my SAAB 9-3 against Hyundai Sante Fe Saab had done 108000 reg FEB 02 got 7K px this was higher than glass's guide for one done 30k
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just traded my SAAB 9-3 against Hyundai Sante Fe Saab had done 108000 reg FEB 02 got 7K px this was higher than glass's guide for one done 30k
That'll be beycase you paid more for the Santa Fe than you would have done had you had no PX, then :)
You never get something for nothing from a dealer especially where PX is concerned. He isn't going to give you above book price out of the goodness of his heart.
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well said Michael.
The amount of times I deal with customers who get fixated with the price they want for their PX is amazing, the thing to look at is the price to change.
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When I was negotiating the price of my new Hyundai Trajet I said I wanted to p/x my old Volvo.
All three dealers did the same thing to me.
1. Gave me a price for the Trajet as if I was a cash buyer;
2. Rang a few mates for the underwritten price for the Volvo; then
3. Deducted 2 from 1 and that was the cost to change.
When I suggested that if I sold the car privately, then the first figure would reduce further, in all cases they said no. In the end, I sold the Volvo privately for more money than 2 but there was no further discount.
What was going on there?
--
Espada III - well if you have a family and need a Lamborghini, what else do you drive?
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