How much does mileage hurt resale value?

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whipped
Posts: 4719
Joined: Tue Mar 22, 2005 11:17 am
Location: Bomb shelter, FL

How much does mileage hurt resale value?

Post by whipped »

Okay, Caddy seville. Retails $5k according to blue book with "average miles" of 100k. I put in 260k for mileage, and it says it's worth 4400. So an extra 160,000 miles only takes off $600 from the value?

260k is a LOT. Do you, or do you not think it would drive the price down to like $2500? $3000? $100? I'm seeing if I have any bargaining room here...

Also, I know the northstars last forever, but how close to disaster is 260k?
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