Advice on buying High Mileage

Advice on buying High Mileage

Author
Discussion

newbee79

Original Poster:

10 posts

98 months

Wednesday 10th February 2016
quotequote all
Hi,

First time poster,

I am off to look at a 320d estate 55 plate this Saturday. apparently it has been regularly services and run on premium diesel.

Recently had breaks replaces and new clutch fitted BUT its done 200,000 miles.

Been looking round a few forums and it seems Americans are okay with high mileage but us Brits tend to think over 100k we should walk away, obviously this is double that.

Should i entertain the idea of a car with this many miles? - if so what else should i look for on the car and what expensive repairs can i be expecting?

P700DEE

1,111 posts

230 months

Wednesday 10th February 2016
quotequote all
Mileage is pretty much irrelevant in buying a 10+ year old car. At 200K miles you could get another 100K miles without major issue or it could have an expensive failure next month. Check rust , damage ,etc. just like any other car.
At 10 years old most cars are worth about 10% of their original cost. How much is the one you are looking at , is it significantly cheaper than a similar car with 70K miles on the clock?

Acidrop

165 posts

125 months

Wednesday 10th February 2016
quotequote all
It entirely depends on the car and how it's been treated. Personally I wouldn't buy anything with that kind of mileage.

As an example, I bought an E39 a few years back, 58k on the clock in mint condition. I drove it for 3 years and it never gave me a single problem. It got written off so I bought the exact same car again but this time with 140k on the clock. Full service history etc. All I've been having from day one are constant problems.

It's got the point where I want to drive the thing off a cliff as it's not worth the hassle.

hornetrider

63,161 posts

205 months

Wednesday 10th February 2016
quotequote all
Yeah I'd check that you are paying the right amount for it. Good thing is to put the reg into WBAC to get the trade value. At those miles it'll be bugger all. Compare it to average mileage cars for that age and see if you are getting a good deal.

newbee79

Original Poster:

10 posts

98 months

Wednesday 10th February 2016
quotequote all
Thanks for the info already guys,

Its a good priced compared to lower mileage versions, but is the top price on a private sale (think they have used a valuing system) the trade in price is about a third less.

If i was to make an offer i was thinking adding a little bit onto the trade in price as i cant believe people are going to be biting their hand off as 200k is a risk mentally when we are all told to keep away from cars 100k plus, - But where did this figure come from in the first place, i can understand a car built in the UK in 60/70's but today's cars must be better equipped to deal with high millage, am i wrong? (can you tell i am trying to talk myself into this!!)

E-bmw

9,208 posts

152 months

Wednesday 10th February 2016
quotequote all
There is nothing more fundamentally wrong with a 200k car over a 100k car PROVIDED EVERYTHING IS DONE AS IT SHOULD & WHEN IT NEEDS IT.

Unfortunately, the likelihood of that decreases with age/mileage and is therefore slim.

So for your peace of mind if it does not have 100% service history, wads of receipts for additional work, and drive perfectly then don't even consider it.

In real terms, I would expect to be paying significantly under £2k for what you are describing.

newbee79

Original Poster:

10 posts

98 months

Wednesday 10th February 2016
quotequote all
Thanks,

Kind of goes along my terms of thinking.

Up for 2k

I am going to offer 1700 should i be happy with it, sound right to you guys?

jayemm89

4,035 posts

130 months

Wednesday 10th February 2016
quotequote all
As others have said - mileage is no barrier to good condition and reliability. I actually seek out high mileage cars - I do a lot of miles, so they're going to be high miles when I'm done with them, plus they will have been serviced frequently and never had that one owner who went five years without changing the oil because the trip computer didn't tell them to.

Keep an eye for a well stamped service book, plenty of receipts, a decent, caring owner and don't let anything other than stone chips and bolster wear be put down to the mileage.

BoRED S2upid

19,691 posts

240 months

Wednesday 10th February 2016
quotequote all
newbee79 said:
Thanks for the info already guys,

Its a good priced compared to lower mileage versions, but is the top price on a private sale (think they have used a valuing system) the trade in price is about a third less.

If i was to make an offer i was thinking adding a little bit onto the trade in price as i cant believe people are going to be biting their hand off as 200k is a risk mentally when we are all told to keep away from cars 100k plus, - But where did this figure come from in the first place, i can understand a car built in the UK in 60/70's but today's cars must be better equipped to deal with high millage, am i wrong? (can you tell i am trying to talk myself into this!!)
The 100k is left over from the 70's and 80's modern cars a far better. My last 3 have been bought with the magical 100k on them and haven't fallen to bits!

mon the fish

1,416 posts

148 months

Wednesday 10th February 2016
quotequote all
Use the online MOT history checker - if it has loads of advisories over the years, it builds a picture of how it may have been treated.

If it's flown through its last few MOTs, I wouldn't worry about the mileage, any more than I would about a car with 130k

newbee79

Original Poster:

10 posts

98 months

Wednesday 10th February 2016
quotequote all
Not seen an mot checker online with advisory information, do you have a link?

podpod

135 posts

115 months

Wednesday 10th February 2016
quotequote all
newbee79 said:
Not seen an mot checker online with advisory information, do you have a link?
here a link http://bfy.tw/4BfI

newbee79

Original Poster:

10 posts

98 months

Wednesday 10th February 2016
quotequote all
podpod said:
newbee79 said:
Not seen an mot checker online with advisory information, do you have a link?
here a link http://bfy.tw/4BfI
Thanks really useful site!

steveo3002

10,515 posts

174 months

Wednesday 10th February 2016
quotequote all
whats the plans for the car?

if you want to resell anytime then other buyers will be put off or want it super cheap

if keeping it long term , then lower miles and looked after one ought to have more life left in it

needs to be very cheap imo , not because its worn out , but why not buy a lower miles one

newbee79

Original Poster:

10 posts

98 months

Wednesday 10th February 2016
quotequote all
I need a new car as current one is just small problem after small problem and car is probably only worth couple hundred quid at best now. not really worried about resale.

If i can get a couple or three trouble free years out of it i will be happy.

I use to drive 15k a year but now down to only about 6k but given it has 200k on the clock not likely to really add much.

steveo3002

10,515 posts

174 months

Wednesday 10th February 2016
quotequote all
well take a good look around it and make sure its a decent test drive with it all up to temps and town/fast road test

some 200k will be good as new , others are ready to scrap lol

newbee79

Original Poster:

10 posts

98 months

Wednesday 10th February 2016
quotequote all
Cheers, Yes i think a good test drive should show up any issues smile

iSore

4,011 posts

144 months

Wednesday 10th February 2016
quotequote all
55 plate will be an E91 with the good old M47 engine. Even with 200k it should still be okay and the engine, gearbox and diff are all strong enough. Be wary though of the turbo (should have had a new one by now ideally), rattly dual mass flywheels, shagged front crank damper plus swirl flaps (not as much of a problem as on the older E46) and vacuum pipes that should be automatically replaced after 100k anyway.

For £1700 it could be a bargain. They're nice cars to drive.

t400ble

1,804 posts

121 months

Wednesday 10th February 2016
quotequote all
6k miles in a diesel? No thanks. Asking for trouble.

Go petrol

newbee79

Original Poster:

10 posts

98 months

Wednesday 10th February 2016
quotequote all
iSore said:
55 plate will be an E91 with the good old M47 engine. Even with 200k it should still be okay and the engine, gearbox and diff are all strong enough. Be wary though of the turbo (should have had a new one by now ideally), rattly dual mass flywheels, shagged front crank damper plus swirl flaps (not as much of a problem as on the older E46) and vacuum pipes that should be automatically replaced after 100k anyway.

For £1700 it could be a bargain. They're nice cars to drive.
Some great advice, thank you. For somebody that knows next to nothing about cars how do i check these things? I guess i can ask about the turbo, out of interest what would be the cost of replacing that?