The 30k miles stigma

The 30k miles stigma

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Discussion

BlackR8

Original Poster:

459 posts

77 months

Sunday 22nd September 2019
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Would be interested in peoples thoughts on this. Having been in and around the market for Ferrari and Lamborghini's and other marques in the last few years I have noticed that the prices of the cars that are over around 30k miles are significantly lower in price and tend to hang around for ages for a buyer. This is the case whether it is a Ferrari 355, 360, F430 or 458 etc, and same again with the Lambo's e.g. Gallardo, Hurracan etc.

I assume this is some sort of psychological barrier in peoples minds, and what is concerning is that despite the cars getting older and older this threshold still seems to hold. Which means the older cars have to driven less and less each year to keep under the 30k mark if the owner is looking for a reasonably painless sale when the time comes.

I am assuming the mileage worries comes from the old days of supercars possibly not being robust when it comes to reliability. But with the new cars being so much more reliable and easy to use as a daily driver do you believe that this mileage barrier will disappear or is it here to stay?

BlackR8

Original Poster:

459 posts

77 months

Monday 23rd September 2019
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355spiderguy said:
If that was the yellow one LH16 PET that's the exception to the rule.

An ex Lord Aleem car that has had about 1000 different drivers all thrashing it within an inch of its life.

No ta.
Goes to show even a seriously abused modern supercar can do the miles without a problem!

BlackR8

Original Poster:

459 posts

77 months

Wednesday 16th October 2019
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Its a strange one, as I read time and time again people saying they prefer and look for higher miles cars. However from looking at the classifieds any Ferrari/Lamborghini etc with over 30k miles seems to sit around unsold for ages and only sells if the price is really cheap compared to others. I for one have always had cars which have highish miles but when selling them I always get the whole 'the mileage is too high' followed by a low-ball offer or no offer when I come to sell or trade it in.