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Old 23rd December 2011, 09:11   #22
AngryDog
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MG ZT CDTi 116+

Join Date: Jul 2011
Location: Hull
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Quote:
Originally Posted by MrDoodles View Post
I know this'll bring the haters out, but you have asked for opinions, so here's mine.

Once car's get over 100,000 miles, despite us both knowing that there's probably another 150,000 miles life in the car before any major expense, it does put off a LOT of buyers.

With it being a buyers market at the moment, buyers can afford to be choosy, so if they are looking for something over 100,000 miles, it will either need to be;

A) Cheap

or

B) Be immaculate with full history.

Now I'm not doubting that the car does look nice in the pictures, however with CAP Dealer Retail at this mileage being only £1,995, to expect to get this in a private sale in the current economic climate, I think is unrealistic.

I would think in the current market place, the car will make around £1,050-£1,100.

The only way to truly find out what a car is worth, is to put it on a 10 day auction with a 99p start with no reserve, but I doubt very much that it would be very different to the figure I have mentioned.

Do you have to sell the car 1st to fund the next one, or are you in the lucky postion that you can buy a car of the spec that you are looking for 1st and then sell yours afterwards?
Wow, I'd be utterly shocked and dismayed if the value of my car had dropped by over £1k in 5 months. It had over 100k on it when I bought it, and you see other ZT's with more miles going for over £2k as well. If it was the case that all I could get would be £1k then I'd rather keep it and ruin it, running it into the ground.

I have 2 cars, one of them has to go, but only at the money I can really afford to let it go for.
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