Buying over 150k miles

[freenote]

Will I ever be able to sell it again?

[Johnny 89]

Yes, at a price that reflects the mileage

[S10GTA]

[freenote]

Are you speaking from experience?

I'm looking at something for £5k with 150k on the clock. I just fancy trying it and will probably get bored in 6-12 months if the past is anything to go by.

Of course I'll lose a bit on it but I don't want to take a bath.

Will the majority think it's past its usable life by then?

[KarlMac]

For shed money i would, not sure I would part with £5k though

[stugolf]

Depends what it is

A Citroen Picasso or a Ferrari 250 GTO

I don't think you would loose to much on the 2nd one

[freenote]

stugolf said:

Depends what it is

A Citroen Picasso or a Ferrari 250 GTO

I don't think you would loose to much on the 2nd one

Lexus RX400h

Somewhere in the middle I would say

[lucido grigio]

Details.
What car ?
There's some cars I'd buy with 150K and many I wouldn't.

[Johnny 89]

freenote said:

Are you speaking from experience?

I'm looking at something for £5k with 150k on the clock. I just fancy trying it and will probably get bored in 6-12 months if the past is anything to go by.

Of course I'll lose a bit on it but I don't want to take a bath.

Will the majority think it's past its usable life by then?

Well it should be a bit cheaper than other similar models on sale with lower mileage I'm guessing?

That will allow you to price it a bit cheaper than the equivalent model on sale in ~12 months time. There will always be someone looking for a bargain and if your car is priced lower than the rest someone will snap it up.

[dannyDC2]

Yep, there's a few of us who love high mileage cars.

[Roger Irrelevant]

freenote said:

Lexus RX400h

Somewhere in the middle I would say

I've been looking at those recently, and reasonably high mileage ones too. It's a fairly niche car so you'd hope that people looking at them will be a bit knowledgeable and know that they will wear the miles better than just about anything else. If you're willing to pay £5k for it then I would expect that someone out there will pay not much less than that it in a year's time - after all it's only going to have a fraction more miles on it. The only thing that could significantly dent the value is if it's due a major service when you come to sell - as I understand it not cheap on these. Who knows, I may be interested myself!

[PieSlayer]

Isn't 150k on a Lexus not even broken in yet?
On that high mileage thread I love it's populated mostly by Lexii (plural) and Mercedes.

[ambuletz]

stugolf said:

I don't think you would loose to much on the 2nd one

[Sa Calobra]

Have you looked into likely repair areas in these? Got a kitty etc for just Incase repairs.

[freenote]

Lexus Essential servicing seems reasonably priced to me.
I've got an IS 250 at the moment and found it to be fine. Best car I've owned without a doubt. Not exciting but it's got enough poke.

Just fancy trying an SUV as I never have.

[stugolf]

ambuletz said:

stugolf said:

I don't think you would loose to much on the 2nd one

Oops must've been half asleep

Hope you feel better now though