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Well, for what my two cents is worth. A high mileage car for the most part will definitely have more dings and rock chips just because of the miles. Last year I found my C5 a little over 200mi. from where I live, but it was worth the drive. Under 21,000 miles, and not a ding, chip, or flaw to be found. I believe I may have paid a little more than normal at $20K, but I couldn't find ANYTHING to try and negotiate a lower price. I even had the dealer put a new set of Michelins on it, and an alignment. So they were happy, I was happy....and I now have a beautiful C5 that I'll be driving until I can't get in and out of it any longer.
It is a pocket book issue...pure and simple. Reading some of the replies every time the mileage question comes up produces very predictable nonsense. In reality, nobody in their right mind will pass on a well cared for 5,000 mile car and buy a 50,000 mile equally well cared for car at the same money.
If you stand on any used car lot in the world watching shoppers, the first thing they look at is mileage on those cars that catch their eye. The question becomes simply whether the customer can afford or wants to afford the extra $10,000 for the 5,000 mile car. Those who can afford it pay the money and those who can't save the money. It is silly to make up all the stories about the choice. Low mileage cars don't become worthless because all the parts "dried up" and high mileage cars don't necessarily have all "the bugs worked out". Miles equal depreciation 100% of the time. Live with it!
I bought my 98' back in October with 27K miles due to the fact that I plan on DD it all Spring/Summer/Fall and didn't want to worry about miles for quite a while.. For $15K, which was about the same price as quite a few with 50-60K miles at that time. I also had the buyer take the car to my mechanic after agreeing on a price contingent on the car being checked thoroughly by my mechanic as I wanted peace of mind with stuff like fluids, suspension, rear differential, etc.. Only problem I have had with the car is the wacky gas gauge, so I have bought a few bottles of techron to hopefully fix that.
Bottom line, make sure you do your due diligence and have it checked over by your mechanic if you have any worries about that car. Any seller who has taken good care of the car will have no problem having it checked over by your people, but you may be able to weed out a sketchy seller/car by requesting a look over as well..
From: Philadelphia PA (Birthplace of the USA, UNESCO World Heritage City)
As others mentioned, it's more about care and condition than mileage. These cars last 700,000+ miles with proper care and maintenance. And there's not a set mileage where certain components begin to fail on these cars.
Last edited by ArmchairArchitect; Apr 23, 2018 at 12:03 PM.
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