Late 500 - Anyone Viewed It ?
Discussion
Agreed that the colour combo isnt ideal ( red roof just doesnt do it for me, or the red and magnolia or that dash ) but i am suprised that this one still hasnt sold yet. I stopped and had a very quick look at it, ages ago. From what i could see, it looked a pretty good Griff for sub £20k.
Few stone chips, etc. However, i didnt look in the engine bay, or underneath, or hear it running though. Mileage from memory is circa 92,000 odd.
Any one else viewed it ?
Edited by neutral 3 on Thursday 15th March 01:52
It might not worry you, or even me (mine is on 105,000), but with so many lower mileage examples around, and so many owners only doing 500-2000 miles a year, it will be hard to convince buyers to part with nearly £20k.
There is a leather, automatic, 3 litre diesel Audi A6 estate for sale down the road from me. 57 plate, reasonable condition, £3,500. Probably good for at least another ten years/150,000 miles. I do 30,000 a year, so perfect for me?
But the mileage is 177,000, so I walked away. I can get a similar car with around 100,000 miles on it for that money. To me it is worth £2,000 tops.....
There is a leather, automatic, 3 litre diesel Audi A6 estate for sale down the road from me. 57 plate, reasonable condition, £3,500. Probably good for at least another ten years/150,000 miles. I do 30,000 a year, so perfect for me?
But the mileage is 177,000, so I walked away. I can get a similar car with around 100,000 miles on it for that money. To me it is worth £2,000 tops.....
Hi all.
The subject of car mileage can be a minefied.
Modern cars are capable of very high mileage so when properly maintained and I think that is the key.
Our cars are at least 15 years old and whilst I have always sought a low mileage car, they are not always the best. Often they can suffer from a lack of maintenance as an owner sometimes assumes that the mileage dictates the frequency of services.
I want faced with a similar dilemma last year when I sold my "mint" low mileage Chimaera as I had always wanted a Griffith.
Sadly I couldn't afford a low mileage Griffith and ended up with a year 2000 car with 75000 miles on the clock. By TVR standards quite high. There were lots of invoices to show work carried out and the car drives equally as well as the Chimaera did.
Central TVR is close to me and recently they had a Sagaris in with nearly 200000 miles on the clock! A well maintained one I hasten to add.
Whilst a low mileage car is nice to own, it's not always the only thing to consider and a car is after all made to be used.
The black car shown actually doesn't seem a bad buy but obviously it needs seeing before making a judgement. With a rebuilt SE for sale at £57K there is a lot of scope with the black one!
My thoughts only.....
Regards Chris.
The subject of car mileage can be a minefied.
Modern cars are capable of very high mileage so when properly maintained and I think that is the key.
Our cars are at least 15 years old and whilst I have always sought a low mileage car, they are not always the best. Often they can suffer from a lack of maintenance as an owner sometimes assumes that the mileage dictates the frequency of services.
I want faced with a similar dilemma last year when I sold my "mint" low mileage Chimaera as I had always wanted a Griffith.
Sadly I couldn't afford a low mileage Griffith and ended up with a year 2000 car with 75000 miles on the clock. By TVR standards quite high. There were lots of invoices to show work carried out and the car drives equally as well as the Chimaera did.
Central TVR is close to me and recently they had a Sagaris in with nearly 200000 miles on the clock! A well maintained one I hasten to add.
Whilst a low mileage car is nice to own, it's not always the only thing to consider and a car is after all made to be used.
The black car shown actually doesn't seem a bad buy but obviously it needs seeing before making a judgement. With a rebuilt SE for sale at £57K there is a lot of scope with the black one!
My thoughts only.....
Regards Chris.
It's down to comparisons and resale.
Who would choose a high miler over a low miler for similar money? Not many. And this is what affects the resale value too. You might be ok with high miles ( my LR 3 disco came with 118k but I expect to run her into the ground over 6 or 7 years and accept it'll only be worth a few thousand at the end) but most are not prepared to take the risk of a tricky / slow resale, unless, it was cheap enough to buy in the first place - which this one is not.
Who would choose a high miler over a low miler for similar money? Not many. And this is what affects the resale value too. You might be ok with high miles ( my LR 3 disco came with 118k but I expect to run her into the ground over 6 or 7 years and accept it'll only be worth a few thousand at the end) but most are not prepared to take the risk of a tricky / slow resale, unless, it was cheap enough to buy in the first place - which this one is not.
As far as that Griff goes (or any Griff), the key would be the chassis condition. Mileage should be a long way down the list. Service history is important, whether high or low mileage.
Sure, a high mileage car will be worth slightly less when you come to sell it, but that is only because a certain number of buyers will be put off by the mileage. However, if that is reflected in the price you pay when you buy it, you are not really loosing. If you keep it for a long time it becomes less relevant.
Last year I bought an X type diesel estate with 150k on the clock. I needed / wanted an estate and as I was doing 600 miles a week at the time a diesel made sense. It came with plenty of history and was in far better condition that the 100k Mazda it replaced. It was also half the price of any X type with less than 100k on the clock. The mileage is now significantly higher, although my weekly mileage has dropped to half what it was and in a months time will drop to virtually nothing. I will probably keep it "forever" (or until I need space on the drive for something else). It will probably remain an economical and reliable work horse. At the end it will be worth nothing, (even if it is worth something now). Had I bought a low mileage one, it would have cost a lot more to buy, probably not been any better condition or reliable (not wishing to tempt fate, but no problems yet with the current one), and not been worth any more when I come to sell in five or ten years time.
Sure, a high mileage car will be worth slightly less when you come to sell it, but that is only because a certain number of buyers will be put off by the mileage. However, if that is reflected in the price you pay when you buy it, you are not really loosing. If you keep it for a long time it becomes less relevant.
Last year I bought an X type diesel estate with 150k on the clock. I needed / wanted an estate and as I was doing 600 miles a week at the time a diesel made sense. It came with plenty of history and was in far better condition that the 100k Mazda it replaced. It was also half the price of any X type with less than 100k on the clock. The mileage is now significantly higher, although my weekly mileage has dropped to half what it was and in a months time will drop to virtually nothing. I will probably keep it "forever" (or until I need space on the drive for something else). It will probably remain an economical and reliable work horse. At the end it will be worth nothing, (even if it is worth something now). Had I bought a low mileage one, it would have cost a lot more to buy, probably not been any better condition or reliable (not wishing to tempt fate, but no problems yet with the current one), and not been worth any more when I come to sell in five or ten years time.
BIG DUNC said:
As far as that Griff goes (or any Griff), the key would be the chassis condition. Mileage should be a long way down the list. Service history is important, whether high or low mileage.
Sure, a high mileage car will be worth slightly less when you come to sell it, but that is only because a certain number of buyers will be put off by the mileage. However, if that is reflected in the price you pay when you buy it, you are not really loosing. If you keep it for a long time it becomes less relevant.
Last year I bought an X type diesel estate with 150k on the clock. I needed / wanted an estate and as I was doing 600 miles a week at the time a diesel made sense. It came with plenty of history and was in far better condition that the 100k Mazda it replaced. It was also half the price of any X type with less than 100k on the clock. The mileage is now significantly higher, although my weekly mileage has dropped to half what it was and in a months time will drop to virtually nothing. I will probably keep it "forever" (or until I need space on the drive for something else). It will probably remain an economical and reliable work horse. At the end it will be worth nothing, (even if it is worth something now). Had I bought a low mileage one, it would have cost a lot more to buy, probably not been any better condition or reliable (not wishing to tempt fate, but no problems yet with the current one), and not been worth any more when I come to sell in five or ten years time.
All very logical. I agree completeley and I'm sure many others on here will too. But.... the fact remains that the public at large prefer low mileage cars. Bonkers! Sure, a high mileage car will be worth slightly less when you come to sell it, but that is only because a certain number of buyers will be put off by the mileage. However, if that is reflected in the price you pay when you buy it, you are not really loosing. If you keep it for a long time it becomes less relevant.
Last year I bought an X type diesel estate with 150k on the clock. I needed / wanted an estate and as I was doing 600 miles a week at the time a diesel made sense. It came with plenty of history and was in far better condition that the 100k Mazda it replaced. It was also half the price of any X type with less than 100k on the clock. The mileage is now significantly higher, although my weekly mileage has dropped to half what it was and in a months time will drop to virtually nothing. I will probably keep it "forever" (or until I need space on the drive for something else). It will probably remain an economical and reliable work horse. At the end it will be worth nothing, (even if it is worth something now). Had I bought a low mileage one, it would have cost a lot more to buy, probably not been any better condition or reliable (not wishing to tempt fate, but no problems yet with the current one), and not been worth any more when I come to sell in five or ten years time.
PS. Keep it quiet though, or everone will want one!!!
s3c chris said:
I hope I am correct in quoting the following (Oscar Wilde I think)
"Too many people know the cost of everything and the value of nothing...."
I sometimes think we can all lose sight of the fact that a car is designed to be driven.
I'm as guilty as anyone on that score!
A cars primary function is to be driven. Eventually they get to the stage in life, that they have been driven so much, they are worn out and no longer fit for primary function. Buy one, drive one, but my preference would be to buy one with a good chance of being able to fulfill its primary function with only normal intervention."Too many people know the cost of everything and the value of nothing...."
I sometimes think we can all lose sight of the fact that a car is designed to be driven.
I'm as guilty as anyone on that score!
They are generally lower mileage examples...
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