Quote:
Originally Posted by COLB
I think a lot of people share your sentiments -- particularly those who are really familiar with the cars -- but that is a pretty small segment of the buying market. Did you buy an 180k+ car, or are you just saying you wouldn't exclude one out of principle?
There are still enough cars out there that you can be selective. You can find a 120k car "in very good condition, pull strong, documented, nice paint, etc." for just a few thousand more than the comparable 180k, and that premium is worth it to most buyers.
Unless you just "have" to have that paint to sample zanzibar red coupe and are going to keep it forever, the 180k is not a bargain. And if you want to sell it down the road, a lot of buyers won't see things the same way.
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The informed buyer sees the top-end rebuild at 165k and the trans rebuild at 170k, the fat stack of receipts showing regular and careful maintenance, and knows that 180k car is plenty good, and worth MORE than the 120k car with no receipts to speak of, or all receipts, just nothing that indicates freshened mechanicals. All kinds of stuff goes into a buying decision, and a premium can be had for cars in top shape, even if the miles seem high.
Now, when comparing a 90k mile car to a 210k mile car...