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Home > General > 100,000 miles and depreciation. |
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Jasper ham Member Since: 26 Jan 2014 Location: Liverpool Posts: 85 |
I do think people do have a thing about buying cars with less then 100k miles, however as you say this did date back to when engines would need reconditioning when they hit 100k. With the increased mileages that people are doing these days coupled with a good serviced modern engine should do 250k plus, I don't think this makes much difference now. If the car has been serviced as per manufactures spec and the mileage averages less than 15k per year then I would say if you hold on to it pound for pound you are going to lose less on this car over the next 3 years than paying for for a newer model with depreciation. Interested to see other peoples thoughts. 2011 RRS 3.0TDV6 HSE Santorini Black, black leather, 22" Calibre Altus black / polished wheels, full colour coded. |
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Thu Dec 04 2014 12:15pm |
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BKHK Member Since: 05 May 2008 Location: Perth Posts: 1940 |
Here it's 100,000 km at which a car hits a bit of extra depreciation. But it's all a bit silly. 100,000 miles if the car has been serviced and the worn parts replaced should be fine. But I do think that there is a psychological barrier at that number of miles or km.
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Thu Dec 04 2014 1:17pm |
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RRS Daz Member Since: 22 Jan 2012 Location: Yorkshire Posts: 797 |
Thanks for the input.
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Thu Dec 04 2014 1:45pm |
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RRSTDV8 Member Since: 12 Aug 2011 Location: Northamptonshire Posts: 8971 |
If you buy a younger vehicle you will lose more on it than you will on the older RRS. Your RRS is a good one which is in its favour anyway as good vehicles always sell well.
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Thu Dec 04 2014 7:50pm |
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darrenmcneill Member Since: 05 Oct 2014 Location: Whitworth Posts: 442 |
Isnt there a saying of...
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Thu Dec 04 2014 9:17pm |
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simple1 Member Since: 15 Jan 2006 Location: Somerset Posts: 1657 |
Personally and no disrespect meant or implied, I wouldn't touch a second hand car with 80 let alone 100k miles....usually. I changed habit of a lifetime recently and bought an Alfa Romeo of all things, with 102k miles on it.
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Thu Dec 04 2014 10:40pm |
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RRS Daz Member Since: 22 Jan 2012 Location: Yorkshire Posts: 797 |
Thanks for the replys.
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Fri Dec 05 2014 11:03am |
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RRS Daz Member Since: 22 Jan 2012 Location: Yorkshire Posts: 797 |
No offence taken mate we all have comfort zones when it comes to mileage but to be honest if I'd of had the trouble you had I'd of never bought the brand again. Infact it's normally you horror story that sticks in my mind. Which Alfa did you go for? |
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Fri Dec 05 2014 1:03pm |
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Bladeboy Member Since: 17 Sep 2013 Location: Benson Posts: 522 |
Very interesting points. I remember my Dad religiously selling his cars as soon as they hit 99k! Think it depends a lot on the type of car. I've got an old honda CRV which I use daily with 106k on the clock and I doubt the milestone of a 100k made much difference to its value.
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Fri Dec 05 2014 4:02pm |
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ian-r Member Since: 21 Jul 2014 Location: Nottingham Posts: 49 |
I think the 100,000 miles stigma really suites the older cars, where milometers went to 99,000 and clocked back to 1 mile. Cars were simply not built to last that long.
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Fri Dec 05 2014 4:30pm |
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Pufftmw Member Since: 23 May 2012 Location: Carmarthenshire Posts: 1052 |
I had a Volvo XC70 with 210k on it. All the major issues were handled before 100k and the next 100k were issue free apart from tyres & other consumables.
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Fri Dec 05 2014 5:23pm |
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Madjohn Member Since: 14 Sep 2014 Location: Shropshire Posts: 17 |
I run 3 vehicles
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Fri Dec 05 2014 8:41pm |
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Bladeboy Member Since: 17 Sep 2013 Location: Benson Posts: 522 |
Blimey- you cover some ground John! |
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Fri Dec 05 2014 8:53pm |
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Madjohn Member Since: 14 Sep 2014 Location: Shropshire Posts: 17 |
Yes ! 60-70k A year
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Fri Dec 05 2014 9:15pm |
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