Buy low, sell high - or buy high and sell higher? Mileage...
Discussion
In my unceasing attempts to drive myself nuts, I've narrowed down my choice of next car to either a BMW 530D GT (or maybe 520), Merc CLS estate/shooting brake, probably the 2L diesel, or the outside "treat myself" choice of a Panamera diesel. All are a good compromise for me between comfort/luxury, something slightly out of the ordinary, load carrying ability and reasonable economy.
However...
I expect to do about 40K miles over 3 years, maybe more. On all those cars, and indeed the safer choice of an E class estate, I can save £3-5K by buying at 80K miles versus 50K, and the same again if I buy over 100K miles.
So, assuming a normal depreciation curve, do you think I'd be better off to buy the higher mileage car and avoid the cliff edge that 100K miles seems to represent?
However...
I expect to do about 40K miles over 3 years, maybe more. On all those cars, and indeed the safer choice of an E class estate, I can save £3-5K by buying at 80K miles versus 50K, and the same again if I buy over 100K miles.
So, assuming a normal depreciation curve, do you think I'd be better off to buy the higher mileage car and avoid the cliff edge that 100K miles seems to represent?
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