Low mileage
#1
Low mileage
Is it generally worth paying the premium for low mileage?
I'm going to look at a 2006 S2000 tomorrow which only has 14,000 on the clock at £10,500 ( private sale not trade ).
Just wondering if it would be better to spend 6 or 7 grand on a higher mileage vehicle and then a few thousand on any work needed or enhancements. I guess the resale value would better on the low milage one.
I'm going to look at a 2006 S2000 tomorrow which only has 14,000 on the clock at £10,500 ( private sale not trade ).
Just wondering if it would be better to spend 6 or 7 grand on a higher mileage vehicle and then a few thousand on any work needed or enhancements. I guess the resale value would better on the low milage one.
#3
Unfortunately, in the UK we have this OBSESSION with high mileage cars - and this mythical 100k mark where all cars magically spontaneously combust.
People will chop in perfectly working cars because of this ever increasing number on the odo, to then buy a low mileage car under the false assumption it has to be in better condition - WRONG.
Sure, a much higher mileage car may have more worn bushes, suspension components, stone chips etc, but a car with REALLY low mileage (14k in 7 years = 2k a year!) could also have issues; Lots of short journeys, not getting the oil warm enough in the engine, too many cold starts. Or was it just used as someone's track toy / weekend warrior and constantly bounced off the limiter for those 14k miles?
Personally only ever buy on condition and if it's high miles use it as a bargaining chip for money off, if it's low miles you're going to be paying through the nose for it...
Personally I'd look at something with more mileage than that has!
Some of the worst condition cars I've seen / bought were low mileage. Mine is on 40k and the 130k S2000 I viewed was in better condition than mine - even the seats!
People will chop in perfectly working cars because of this ever increasing number on the odo, to then buy a low mileage car under the false assumption it has to be in better condition - WRONG.
Sure, a much higher mileage car may have more worn bushes, suspension components, stone chips etc, but a car with REALLY low mileage (14k in 7 years = 2k a year!) could also have issues; Lots of short journeys, not getting the oil warm enough in the engine, too many cold starts. Or was it just used as someone's track toy / weekend warrior and constantly bounced off the limiter for those 14k miles?
Personally only ever buy on condition and if it's high miles use it as a bargaining chip for money off, if it's low miles you're going to be paying through the nose for it...
Personally I'd look at something with more mileage than that has!
Some of the worst condition cars I've seen / bought were low mileage. Mine is on 40k and the 130k S2000 I viewed was in better condition than mine - even the seats!
#4
Unfortunately, in the UK we have this OBSESSION with high mileage cars - and this mythical 100k mark where all cars magically spontaneously combust.
People will chop in perfectly working cars because of this ever increasing number on the odo, to then buy a low mileage car under the false assumption it has to be in better condition - WRONG.
Sure, a much higher mileage car may have more worn bushes, suspension components, stone chips etc, but a car with REALLY low mileage (14k in 7 years = 2k a year!) could also have issues; Lots of short journeys, not getting the oil warm enough in the engine, too many cold starts. Or was it just used as someone's track toy / weekend warrior and constantly bounced off the limiter for those 14k miles?
Personally only ever buy on condition and if it's high miles use it as a bargaining chip for money off, if it's low miles you're going to be paying through the nose for it...
Personally I'd look at something with more mileage than that has!
Some of the worst condition cars I've seen / bought were low mileage. Mine is on 40k and the 130k S2000 I viewed was in better condition than mine - even the seats!
People will chop in perfectly working cars because of this ever increasing number on the odo, to then buy a low mileage car under the false assumption it has to be in better condition - WRONG.
Sure, a much higher mileage car may have more worn bushes, suspension components, stone chips etc, but a car with REALLY low mileage (14k in 7 years = 2k a year!) could also have issues; Lots of short journeys, not getting the oil warm enough in the engine, too many cold starts. Or was it just used as someone's track toy / weekend warrior and constantly bounced off the limiter for those 14k miles?
Personally only ever buy on condition and if it's high miles use it as a bargaining chip for money off, if it's low miles you're going to be paying through the nose for it...
Personally I'd look at something with more mileage than that has!
Some of the worst condition cars I've seen / bought were low mileage. Mine is on 40k and the 130k S2000 I viewed was in better condition than mine - even the seats!
#5
It can be clocked. On the inner side of the tunel cluster there are 2 plastic caps. In order to get the cluster out for clocking you have to remove these caps to get access to the screws and most possible these plastic caps will have a tiny mark on them from the removal tool. This is a general tip to look for clocked S2000's among other tips.
#7
I think condition is important but if you're going to bang miles on its got to be a factor
Mine had 1500 miles on it @18 months old
Most reliable car I have ever owned
Not a huge need to pay a premium though as lots of S2s are low miles
Mine had 1500 miles on it @18 months old
Most reliable car I have ever owned
Not a huge need to pay a premium though as lots of S2s are low miles
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#9
I would get a newer one because its a nicer car IMO. But I prefer newer cars to old.
Have a drive in a few and see which one suits you. Their has been subtle changes over the years, so you may prefer one to the other.
When it comes to buying a car I go on gut instinct and what I've read. Engines do go pop more when the mileage increases, but so do badly treated engines/cars.
Have a drive in a few and see which one suits you. Their has been subtle changes over the years, so you may prefer one to the other.
When it comes to buying a car I go on gut instinct and what I've read. Engines do go pop more when the mileage increases, but so do badly treated engines/cars.
#10
Is it generally worth paying the premium for low mileage?
I'm going to look at a 2006 S2000 tomorrow which only has 14,000 on the clock at £10,500 ( private sale not trade ).
Just wondering if it would be better to spend 6 or 7 grand on a higher mileage vehicle and then a few thousand on any work needed or enhancements. I guess the resale value would better on the low milage one.
I'm going to look at a 2006 S2000 tomorrow which only has 14,000 on the clock at £10,500 ( private sale not trade ).
Just wondering if it would be better to spend 6 or 7 grand on a higher mileage vehicle and then a few thousand on any work needed or enhancements. I guess the resale value would better on the low milage one.