How does mileage affect pricing

[steelblue5505]

Re: How does mileage affect pricing

Want to enjoy your retirement even more - drive the car more.

And join in the fun, the adventure and comradery of a TBN event

[2K2BIRD]

Re: How does mileage affect pricing

Your profile says you have been retired for 3 years. Unless you are a very young retiree, saving your car for some kind of "profit" doesn't seem likely. If you are saving the miles to not lose very much when you decide to sell it, you might as well sell it now. Unless you get more enjoyment from looking at it than you do driving it, it's unlikely you'll come out ahead more in a few years than you will now.

Want to enjoy your retirement even more - drive the car more.

[Quickdraw]

Re: How does mileage affect pricing

Why not go to kbb.com or other appraisal site and enter the same car with different mileage?

[11TH GEN]

Re: How does mileage affect pricing

You will probably get different answers from each respondent. Just remember they are individual opinions. IMO a 26K mile 02 is worth more than one with 36K, 46K or more ( assuming conditions, mechanical and cosmetics ) are the same. Once they are over 50K 60K I don't think it matters much at that point, just a used car. You may have folks tell you they would rather have a high mileage car that has been maintained than a low mileage car they know nothing about. I have suspicion that your 02 is most likely in great condition. Typically lower miles equate to higher value.

[Greg S]

Re: How does mileage affect pricing

Are you saving it for the next owner?

[T-42]

I have a 2002 Thunderbird with 26,000 miles that is in beautiful condition. I have had it for 5 years, and find I drive it less and less because I don't want to put miles on it, to maintain or increase its value. Is there a general rule that identifies how many miles reduce value? Is another 10,000 miles going to have a big affect on my cars value? Thanks T-42