Don't be scared of High Milers
There are bargains to be had for the used car buyer
Consumers are being urged to think twice before disregarding high mileage cars as a bad buy, according to Used Car Buyer magazine.
Not only are they often better maintained, but they also offer the worldly-wise buyer savings as high as £2,000 on volume models like the Ford Focus and up to £5,000 on a prestige vehicles from BMW or Mercedes.
For example, a 2001 registered BMW 530i Sport would normally sit on a forecourt at £22,400 with average mileage, but double the mileage to 70,000 and the buyer saves an hefty £4,600 as the price drops to £17,800.
Unfortunately, the desire for low mileage cars also helps fuel a £100m a year illegal clocking scam. "Not only will a lower mileage car sell quicker, the unscrupulous seller will also gain financially by adding another few thousand to the screen price," says Guy Baker, resident expert at Used Car Buyer magazine.
Example of higher mileage savings
Year |
Make & Model |
Price with 30,000 miles |
Price with 90,000 miles |
SAVING |
2001 |
Ford Focus 1.8 Zetec |
£6,999 |
£5,499 |
£1,500 |
2001 |
Audi A4 1.9 Tdi (130bhp) |
£14,999 |
£10,799 |
£4,200 |
2001 |
Jaguar XJ 4.0 |
£16,499 |
£12,999 |
£3,500 |
2001 |
VW Passat 1.8T S |
£8,099 |
£6,499 |
£1,600 |
2001 |
Vauxhall Vectra 1.8 LS |
£5,699 |
£4,499 |
£1,200 |
Baker chirped, "Traders admit that clocking only exists because of popular demand. However, where one buyer is over paying, another can make major savings ."
"Consumers have become conditioned to believe that a car with 90,000 plus miles on the clock is nearing the end of its road going duties. "This couldn’t be further from the truth. It’s a self-inflicted consumer stigma based on history rather than fact ," he says.
Since 1970, the average lifespan of a mass-produced car has more than doubled thanks to improved production techniques, engineering tolerances, anti-corrosion treatments and the use of galvanised steel.
Newer high-mileage cars tend to have spent most of their lives doing long haul motorway stints with the engines serenely ticking over at 2,000-4,000rpm, barely stressed at all. As fleet operated vehicles, they will also have been meticulously serviced, according to experts at Used Car Buyer magazine.
Meanwhile, low mileage vehicles tend to indicate shorter journeys, and with it premature engine wear and damage. A quick trip to town doesn’t allow the engine oil to reach its optimum temperature and lubricate the working parts properly.
LexSport said:
Surely if people heed this advise and start buying higher mileage cars, the savings will actually dissapear. The only reason high milers are cheaper is the reduced demand, so add demand for them and the prices will rise. No?
supply & demand.....don't you just love it. Will
article said:
Ford Focus 1.8 Zetec
30,000 = £6,999
90,000 = £5,499
saving = £1,500
If we assume the 1.8zetec has a decent servicable life of 120,000 miles (before things get expensive) then the £7k car has 3/4 its 'life' left. The 90,000 mile car has 1/4 its life left - and will probably need more major owrk done on it (cam at 100k, clutch etc).
All depends on how much you save and what your average milage per year is, I do 20k, so that 90k car will do me 2 years max before I need to scrap it.
Looking at it that way the 30k car would be far better value.
I do a 75 miles (one way) commute - oil barely has the time to cool for the next trip! I bet I could have easily gotten it into the 300.000 - 400,000 km range that way without opening up major mechanical parts.
Oh, and I don't hang about - unobstructed M-way cruising speed mostly in the 90-100 mph range...
RobDickinson said:
article said:
Ford Focus 1.8 Zetec
30,000 = £6,999
90,000 = £5,499
saving = £1,500
If we assume the 1.8zetec has a decent servicable life of 120,000 miles (before things get expensive) then the £7k car has 3/4 its 'life' left. The 90,000 mile car has 1/4 its life left - and will probably need more major owrk done on it (cam at 100k, clutch etc).
All depends on how much you save and what your average milage per year is, I do 20k, so that 90k car will do me 2 years max before I need to scrap it.
Looking at it that way the 30k car would be far better value.
At 90k you'll need to do a lot of work which will eat up that £1.5k saving. New cambelt, new clutch, new cv joins, bearings etc. The focus probably wouldnt have cost you anything up until 70-90k (mine cost £23 in non consumables at 70k), at 90k+ your spending money on something which wont be worth any more for it.
You cant just say its £1.5k saving because your effectivly getting less usable car for your money.
RobDickinson said:
900T-R I'm not underestimating the milage you may get out of these cars, just their value.
At 90k you'll need to do a lot of work which will eat up that £1.5k saving. New cambelt, new clutch, new cv joins, bearings etc. The focus probably wouldnt have cost you anything up until 70-90k (mine cost £23 in non consumables at 70k), at 90k+ your spending money on something which wont be worth any more for it.
You cant just say its £1.5k saving because your effectivly getting less usable car for your money.
The cambelt will not neet doing till 140K. Maybe a new clutch but all the bearings and joimnts on a modern car should last 150- 200K.
At 90K i reckon you're not even half way there.
vixpy1 said:
The cambelt will not neet doing till 140K. Maybe a new clutch but all the bearings and joimnts on a modern car should last 150- 200K.
At 90K i reckon you're not even half way there.
Cambelt on a focus 1.8 is 100k miles. bearings and joints have been seen to need replacing as low as 40,000 miles.
RobDickinson said:
900T-R I'm not underestimating the milage you may get out of these cars, just their value.
At 90k you'll need to do a lot of work which will eat up that £1.5k saving.
New cambelt,
£100 job on a Cit ZX. Can't imagine it to be much more on a Focus.
RobDickinson said:
new clutch,
new cv joins,
bearings etc.
None of which have strictly to do with mileage. None of these items has been replaced yet on the 140+ K miles ZX - presumably because it's only been up and down the motorway once a day instead of crawling through town traffic for the school run, shopping et al. Something which the 30K mile car has more likely endured, apart from the obvious engine wear problems associated with short drives. I'm betting that a '00 Focus with only 30K miles would need any of above items about as soon after purchase as the 90K example.
Providing the servicing has been done on schedule and it's in general good nick, I wouldn't be the slightest bit worried about a high miler. In fact, I generally go for 10-15 year old cars, as this is where the real bargains can be had...
Don't tell everyone though!or in other words, bangernomics.
lanciachris said:
Nevermind dont be scared of high milers, i say dont be scared of old cars! im of the opinion that somewhere around 1990 car quality took a huge jump upwards and the cars built then are surviving well. Dirt cheap, old so no depreciation, and if it goes wrong buy another!
or in other words, bangernomics.
And somewhere areound 1998 car build quality took an equally huge jump downwards.
Couple that with the increasing use of computers in cars mean that you'll be tied to whichever dealers have the diagnostic kit.
I do 15k a year . . .
As for petrol engine life try the 205GTi - a car that is run hard and ragged by many owners, engine life is generally around the 120k mark. Normaly cars will have much higher engine lives (Well serviced Pug diesels are looking at 250k plus)
Rob
I bought an Audi with 67k 3 years ago, it's now done 107k and feels no different. I plan to keep it for another few years at least - it does everything I need. I'll reserve the depreciation for my fun car instead
(We have 2 huge speed tables on our street and some residents take them at 25mph - I don't want their cars).
>> Edited by Trefor on Thursday 10th June 12:59
Just look at the Bargain section of Auto Trader - for the price of the cheapest new lego brick from Korea, you can have an Audi 80 Quattro, or a fleet of Jaguar XJ40s.
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