1000 per year, how to value ?
1000 per year, how to value ?
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Discussion

swil00

Original Poster:

12 posts

185 months

Saturday 5th April 2014
quotequote all
Wondering if anyone can help input here.

I know of a late 2002 Volvo S60 D5 SE that may be coming up for sale later in the year.

The car is immaculate, one owner, fully serviced etc and literally covered 1000 a year.

There are two choices here.

Sell it if there is a market for it or make it a daily commuter doubling the mileage in 4 months.

Any thoughts on a market for a car of such low mileage ?

swil00

Original Poster:

12 posts

185 months

Saturday 5th April 2014
quotequote all
Obviously the subject should read 1000 miles per year....

Benbay001

5,889 posts

186 months

Saturday 5th April 2014
quotequote all
I cant see a 12000 mile example being worth notably more than a 50000 mile example.

Hub

7,128 posts

227 months

Saturday 5th April 2014
quotequote all
It would worry me that it has only ever gone a mile down to Tesco and back and never been warmed up fully. There's low mileage and too low mileage!

highway

2,716 posts

289 months

Saturday 5th April 2014
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My uncle will need a car soon and low mileage appeals. Assuming it's not damaged have a firm offer of. £2k to think about.

davepoth

29,395 posts

228 months

Saturday 5th April 2014
quotequote all
Hub said:
It would worry me that it has only ever gone a mile down to Tesco and back and never been warmed up fully. There's low mileage and too low mileage!
Quite. 1,000 miles is just not enough. especially for a diesel. Anything less than around 6,000 miles a year and I'd start thinking about actively reducing the amount I'd pay for a daily driver.

greygoose

9,661 posts

224 months

Saturday 5th April 2014
quotequote all
I would worry it still had the original tyres on and a host of problems from lack of use, having said that the value probably wouldn't change much if you did use it as a commuter for 4 months.

swil00

Original Poster:

12 posts

185 months

Saturday 5th April 2014
quotequote all
It's just seen very little use. It's not used much at all, but when used its for decent runs. Never been used for runs to Tesco.

Highway, thanks, but no thanks !

Pit Pony

11,253 posts

150 months

Saturday 5th April 2014
quotequote all
He sounds like my father in law.

W reg 2000 car, with 13000 on the clock. No journey less than 15 miles. Walks to the shops, won't take car out in rain, or if there's salt. (he just cancels what he had planned)