The 100k mile dilemma. 97k now, stop driving and preserve the mileage?
#16
Shameful Thread Killer
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#17
Former Vendor
I see a fair amount of 928s that have inoperative speedometers/odometers (some are legitimately not working and some are disconnected) and have seen this going on for years and years. Therefore, I hardly pay any attention to the mileage on a vehicle, these days.
Condition is the only thing that matters.
Drive it.
Condition is the only thing that matters.
Drive it.
#18
Race Car
Condition and for those of us that might not have as acute of an eye- records.
Concur regarding the odometer, I came to that conclusion on my last round of shopping, looking at the number of Ebay miracle low mile cars that had obvious raging deficiencies/hacks/wear and tear, and then remembered that the odo "repair" instructions are easily found online. Yeah, I don't put much stock in the odo- and even if so, being within 3K of 100K wouldn't be much of a tipping point were I the buyer. Only 3K to enjoy before I take the hit for rolling over 100K? Might as well shop lower on the mile count offerings if that is part of the value proposition.
Concur regarding the odometer, I came to that conclusion on my last round of shopping, looking at the number of Ebay miracle low mile cars that had obvious raging deficiencies/hacks/wear and tear, and then remembered that the odo "repair" instructions are easily found online. Yeah, I don't put much stock in the odo- and even if so, being within 3K of 100K wouldn't be much of a tipping point were I the buyer. Only 3K to enjoy before I take the hit for rolling over 100K? Might as well shop lower on the mile count offerings if that is part of the value proposition.
#20
My car is an '81 and only had 12,150 miles on it last September. I am a '45 and have a ton more miles, many on rough roads.
I will never sell my 928 unless it accidentally becomes a parts car. I do not give a flying rat's patootie about how much my estate sells it for. I just want to get as many grins out of it as I can in the years I have left. I bought it for grins, not profit.
Sadly, though, I suspect I am too old to worry about hitting the 100K dilemma.
Brad
I will never sell my 928 unless it accidentally becomes a parts car. I do not give a flying rat's patootie about how much my estate sells it for. I just want to get as many grins out of it as I can in the years I have left. I bought it for grins, not profit.
Sadly, though, I suspect I am too old to worry about hitting the 100K dilemma.
Brad
#22
Three Wheelin'
Hell, I have dumped at least 20K into my 928 in the past 5 years and maybe will be able to drive again in mid- September after 5 yrs. of restoration efforts and I'd maybe get 16 grand for it. It has 140K on it. So Doc, if you saved your miles you will get what, maybe 2-3K more for it 3 years from now? Is it really worth having it sitting in the garage for a grand a year VS enjoying it? You're not getting any younger you know!
#24
97k is already too high to get much of a premium for low miles and unless it's a really exceptional example that the new owner just plans on looking at sitting in his garage and not driving a few 1000 more miles won't matter one way or the other.
Low miles only matters on newer cars or collector cars. In the vintage of a 928 where all are at least 20 years old condition trumps mileage every time. I care very little how many miles are showing, but I care a lot what the mechanical and cosmetic condition is and what recent service has been performed.
Another thing to consider is the the worst thing you can do for a car is let it sit without being driven. It just starts to decay. Seals, belts and tires dry out and rot, fuel lines get clogged with varnish, rodents take up residence, etc. Nothing good comes from storing a car long term.
Low miles only matters on newer cars or collector cars. In the vintage of a 928 where all are at least 20 years old condition trumps mileage every time. I care very little how many miles are showing, but I care a lot what the mechanical and cosmetic condition is and what recent service has been performed.
Another thing to consider is the the worst thing you can do for a car is let it sit without being driven. It just starts to decay. Seals, belts and tires dry out and rot, fuel lines get clogged with varnish, rodents take up residence, etc. Nothing good comes from storing a car long term.
#25
Rennlist Member
You could do what some of us nuts who DD out 928's do.. and dump all the cash up front to make the car reliable
New fuel system front and back, engine sensors/switches, all new rubber hoses, rebuilt ECU's/MAF, repair/replace any crappy aftermarket immobiliser installs....
New fuel system front and back, engine sensors/switches, all new rubber hoses, rebuilt ECU's/MAF, repair/replace any crappy aftermarket immobiliser installs....
#26
Rennlist Member
I would just drive the car.
In our part of the world there is a similar psychological barrier but at the 100k km. [60k miles] mark.
Inspection of the main web portals over here shows what appears to be a disproportionate amount of cars on the market at the 95k to 99k km point. This is a powerful purchasing tool and it appears to have a knock on effect and my Cayenne Turbo S was an example. I spotted this vehicle for sale as it punched all the right buttons, typical of when Expats return home to wherever they belong, and watched the price dropping as the witching hour loomed. I set a trigger price and was ready to pop up to Dubai at at short notice. Sure enough the price dropped and off I went. It was immaculate, driven by the wife of a real nice Aussie chap who was **** about maintenance and his last car in Aus was?- a 928GT. Done Deal. There are probably more Cayennes per square mile in Dubai than anywhere on the planet and that also drives prices down.
Interestingly when cars hit 160k km [i.e.100k miles] it seemingly makes no difference whatsoever. Mind games are the only explanation.
Rgds
Fred
In our part of the world there is a similar psychological barrier but at the 100k km. [60k miles] mark.
Inspection of the main web portals over here shows what appears to be a disproportionate amount of cars on the market at the 95k to 99k km point. This is a powerful purchasing tool and it appears to have a knock on effect and my Cayenne Turbo S was an example. I spotted this vehicle for sale as it punched all the right buttons, typical of when Expats return home to wherever they belong, and watched the price dropping as the witching hour loomed. I set a trigger price and was ready to pop up to Dubai at at short notice. Sure enough the price dropped and off I went. It was immaculate, driven by the wife of a real nice Aussie chap who was **** about maintenance and his last car in Aus was?- a 928GT. Done Deal. There are probably more Cayennes per square mile in Dubai than anywhere on the planet and that also drives prices down.
Interestingly when cars hit 160k km [i.e.100k miles] it seemingly makes no difference whatsoever. Mind games are the only explanation.
Rgds
Fred
Last edited by FredR; 08-06-2015 at 04:47 AM.
#27
Burning Brakes
I'm at 75k miles. 100k =target 1, then 200k+
I hope to have about 30 yrs driving left in me - hope the fuel supply last
Drive and enjoy it.
I hope to have about 30 yrs driving left in me - hope the fuel supply last
Drive and enjoy it.
#28
Administrator - "Tyson"
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#29
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Drive it!