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Author Topic: Paying an extra grand for lower mileage?  (Read 3314 times)

Offline outlandish

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Paying an extra grand for lower mileage?
« on: January 19, 2013, 07:20:08 pm »
I am still in the market for a MK5 and have a good budget for the car. My dilemma is whether to pay upto 1,000 extra for one that is an 08 plate with lower mileage. For example here is 2 that I am looking at now:

#1
2007, 99,000 miles, 6.8k, FVWSH

#2
2008, 59,000 miles, 8k, FVWSH

Is it really worth that much more? I am guessing it will make it easier to sell if it has the lower mileage and may last me longer. Ideally I would find an 08 plate with decent mileage for around 7k.

Opinions?

Offline Nodz

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Re: Paying an extra grand for lower mileage?
« Reply #1 on: January 19, 2013, 07:30:44 pm »
What is the spec of both vehicles? Xenons, winter pack etc.

Only trouble with te 99k car is that selling on as once its over 100k people don't like buying cars with that sort of mileage

Offline paulk

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Re: Paying an extra grand for lower mileage?
« Reply #2 on: January 19, 2013, 07:31:22 pm »
depends how there looked after , the high miles might be the better car  :happy2:

Offline RedRobin

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Re: Paying an extra grand for lower mileage?
« Reply #3 on: January 19, 2013, 07:38:24 pm »

depends how there looked after , the high miles might be the better car  :happy2:


.... x 2

I was gonna post exactly the same.


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Offline RedRobin

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Re: Paying an extra grand for lower mileage?
« Reply #4 on: January 19, 2013, 07:40:27 pm »

Only trouble with te 99k car is that selling on as once its over 100k people don't like buying cars with that sort of mileage


....Then that's me fook'd!

Mind you, I have no plans to sell.



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Offline Nodz

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Re: Paying an extra grand for lower mileage?
« Reply #5 on: January 19, 2013, 07:52:45 pm »
Its just the usual 100k stigma. If the car is well looked after then they can go on for ages. Someone I know has got an XC90 on 375k, I doubt he'll get anything for it if he ever sells it but it just shows what cars are capable of if they are looked after

Offline Duke

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Re: Paying an extra grand for lower mileage?
« Reply #6 on: January 19, 2013, 08:05:32 pm »
depends how there looked after , the high miles might be the better car  :happy2:

This!

Offline andrewparker

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Re: Paying an extra grand for lower mileage?
« Reply #7 on: January 19, 2013, 08:10:43 pm »
Assuming the cars are similarly specced and looked after I'd definitely say the lower mileage one is worth the extra.

Offline outlandish

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Re: Paying an extra grand for lower mileage?
« Reply #8 on: January 19, 2013, 08:17:01 pm »
They are similar spec apart from the age and mileage. I have been to see the 2007 one twice as it is local and looks in excellent condition with only 1 owner. It's just the 99,000 miles putting me off as I may not be able to shift it in a couple of years, although it is worth noting that I only do around 5,000 miles per year as I work from home.

It just seems 6.8k for a 2007 with 1 owner in great condition is a good offer - I dont mind losing abit on the price when I come to sell as you would with any car but I dont want it to be unsaleable in a few years, mind you it has been up for sale for a month and seems mileage is putting people off (or maybe insurance for the younger drivers haha)!
« Last Edit: January 19, 2013, 08:19:04 pm by outlandish »

Offline Duke

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Re: Paying an extra grand for lower mileage?
« Reply #9 on: January 19, 2013, 09:30:40 pm »
If the condition of the car is good and it has been serviced regularly, I would go for it. Lower mileage cars tend to have done shorter trips, so often have more wear inside.

Offline Dan.b

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Re: Paying an extra grand for lower mileage?
« Reply #10 on: January 19, 2013, 11:17:56 pm »
£1000 more and it's a year newer with much less mileage is really good! It is definitely worth the extra but depends if you need less mileage etc

Offline RedRobin

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Re: Paying an extra grand for lower mileage?
« Reply #11 on: January 20, 2013, 01:05:31 am »
.
Judging from your posts it's swings versus roundabouts. Drive them both.

Then follow your gut feeling and choose accordingly.
« Last Edit: January 20, 2013, 10:32:40 am by RedRobin »


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Offline MrDo

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Re: Paying an extra grand for lower mileage?
« Reply #12 on: January 20, 2013, 04:03:55 am »
"Worth" is a market thing. Supply and demand. Usually you get what you pay for and I think it's true, when comparing the same brand and model of car, but many folk have have an aversion to big mileage cars so that adjusts demand down on them because of fear. Not sure of the reality, but the best statistical market evidence I can find is most extended service plans will not cover cars over 100,000 or 10 years.  How up for taking a possible risk are you? Can you afford possible bigger service bills? You could have very few issues, but the older and the higher the mileage the more likely the bigger bills.... It not certain but more likely. You get what you pay for mostly, and many can't afford to take that risk or are risk averse (paying to avoid possible risks).

I bought a 35,000 FSH car last summer after looking for months (you need to see at least 3 to get perspective), but that's partly because I know I will put the miles on. Driven nearly 7,000 since Aug and loving it :)

If you plan to keep the car longer... say 5 years it's, less likely to be an issue. If you come to sell in 2 it will still be a average mileage vs high 100,000 mile plus car, the later will be  harder to sell.

Personally if they are equal in condition I'd take the one with nearly half the mileage. But the car is for you, not me.  Sounds like either would do.

Ask yourself...

Which car would make you happier? Maybe one has a feature you really want like leather?

As RedRobin says drive them both.... Your gut feeling will tell you something.

If that fails.... Ask yourself which one is the better colour, ie which one is the most reflex silver?  :P
« Last Edit: January 20, 2013, 12:27:27 pm by MrDo »

Offline vik2001

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Re: Paying an extra grand for lower mileage?
« Reply #13 on: January 20, 2013, 09:41:32 am »
i paid 13K for my Ed30 5 door DSG on 57 plate.  was high price but because it only had 30k on the clock.
you have to look at the optional extras it comes with, for me mileage was a issue. as i wanted low miles as i intend to keep the car for several years.

Offline garrardrj

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Re: Paying an extra grand for lower mileage?
« Reply #14 on: January 20, 2013, 09:41:51 am »
Get the 08 one with less miles . £1000 is nothing and 8k for an 08 is quite low too to say the least . If i could find it and it was near to me i would get the 08 one for my boy . If you only do 5k a year you could keep the 08 one for 6 years and still be under 100k miles . I would also suggest you would still get about £4/5 k for it at 12/13 years old too
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