How Many Miles Are Low Miles?
#1
How Many Miles Are Low Miles?
Ok, here's some food for thought. We all know that, compared to most domestic and non-German imports, Porsches are capable of putting very high miles on key components with little loss of performance or dependability. A well maintained 944 can have ton's o' miles and still be a good purchase, depending on records.
That said, however, what about cars that are neither fish nor fowl in terms of mileage. Watching here and at PCA sites, seems like anything under 40K is considered a cream puff, preservation car and commands the best dollar from buyer interested in originality.
What, in the opinion of the esteemed group here, does the potential buyer draw from cars that are "middle miles," say 60K-90K. Are these cars thrown into the category of "depends on receipts" or are they considered low mile cars?
Here's what I'm getting at....with a car that is 20 years old, 80K represents 4K use per year, very likely a sunny day only, bad weather stored hobby car. In some cases, depending on the owner and cosmetics, these cars might be better buys in terms of mechanical condition than 20K cars that sit too much, n'est pas?
Put yourself in the buyer's shoes or the seller's shoes and post away guys!
That said, however, what about cars that are neither fish nor fowl in terms of mileage. Watching here and at PCA sites, seems like anything under 40K is considered a cream puff, preservation car and commands the best dollar from buyer interested in originality.
What, in the opinion of the esteemed group here, does the potential buyer draw from cars that are "middle miles," say 60K-90K. Are these cars thrown into the category of "depends on receipts" or are they considered low mile cars?
Here's what I'm getting at....with a car that is 20 years old, 80K represents 4K use per year, very likely a sunny day only, bad weather stored hobby car. In some cases, depending on the owner and cosmetics, these cars might be better buys in terms of mechanical condition than 20K cars that sit too much, n'est pas?
Put yourself in the buyer's shoes or the seller's shoes and post away guys!
#4
Rennlist Member
All just woke up, knee jerk reaction attempts at humor aside...
I consider anything under 80K, that looks good and has good reciepts a low mileage car at this point. Not a collector car, but low mileage.
I also personally value a finatic owned daily driver over a garage queen any day.
When I sold my 90 928 GT... I talked about the higher miles on it and how I daily drove the car hard as an enthusiast, fixing anything that even looked funny. I got premium dollars for the car. Which I wil add, barely paid for what I bought the car for, plus all the upgrades and repairs I did to it. I considered myself doing good because I basically sold the car for what I had spent on it.
As for my 89 944 Turbo... I've already spent $5000 more than I could ever expect to get out of it, and am looking another $7000 square in the face within the next month.
*
I consider anything under 80K, that looks good and has good reciepts a low mileage car at this point. Not a collector car, but low mileage.
I also personally value a finatic owned daily driver over a garage queen any day.
When I sold my 90 928 GT... I talked about the higher miles on it and how I daily drove the car hard as an enthusiast, fixing anything that even looked funny. I got premium dollars for the car. Which I wil add, barely paid for what I bought the car for, plus all the upgrades and repairs I did to it. I considered myself doing good because I basically sold the car for what I had spent on it.
As for my 89 944 Turbo... I've already spent $5000 more than I could ever expect to get out of it, and am looking another $7000 square in the face within the next month.
*
#5
Pumice King
Rennlist Member
Rennlist Member
Join Date: Nov 2006
Location: Dallas, TX.
Posts: 6,815
Likes: 0
Received 0 Likes
on
0 Posts
I've got 57K on my 86, and I consider that to be just on the cusp of being a very rare auto. I expect to get every last dollar I put into maintenance, and maybe have a little bit left over at the end..
#6
Drifting
Join Date: Oct 2005
Location: Hampton Roads, VA
Posts: 2,926
Likes: 0
Received 0 Likes
on
0 Posts
I bought my 944S with 145K(165K on body) miles..... it was a daily driver for the PO.
The guy was hilarious, he loved the car to death. When I gave him his asking price he didn't even want to take the money. His wife had to literally ****** the keys from his hands and give them to me.
He wasn't the most knowledgable guy about cars and was taken quite a few times by a local shop, but he meant well. I haven't had to eat too much cost of bonehead stuff. The guy had receipts from 1992 when he bought the car from the original owner (his father in-law).
Let me tell you.... this car is a TANK. It's very strong even with this mileage. I can see it going another 145K, easy.
The guy was hilarious, he loved the car to death. When I gave him his asking price he didn't even want to take the money. His wife had to literally ****** the keys from his hands and give them to me.
He wasn't the most knowledgable guy about cars and was taken quite a few times by a local shop, but he meant well. I haven't had to eat too much cost of bonehead stuff. The guy had receipts from 1992 when he bought the car from the original owner (his father in-law).
Let me tell you.... this car is a TANK. It's very strong even with this mileage. I can see it going another 145K, easy.
Trending Topics
#8
Addict
Lifetime Rennlist
Member
Lifetime Rennlist
Member
Originally Posted by RKD in OKC
I consider anything under 80K, that looks good and has good reciepts a low mileage car at this point. Not a collector car, but low mileage.
Now if you are talking low milage, I would say that whether or not it's an 1986 to 1989, that around 20K - 60K is low mileage. At least I think so. I happen to love low mile cars, for a variety of reasons. My first 1989 944T had 27K on the clock, bone stock, and was in "mint/collector" condition. But, there were issues that were caused by age, not miles. Now I have a 1988 S with 65K on it, and it's in excellent shape. Regardless, I think Richard is on the money for the most part, even with that Mad Max avatar of his. Kool Richard!
#9
to me it doesn't matter, i've seen cars with less than 60k miles in clearly worse shape than those with over 100k. 20+ year old parts break. personally i'd be scared to buy one of those 20k mile cars that pops up every so often. those are the ones that have never had parts changed out, because of the low mileage, and you get the pleasure of doing it all yourself once you start driving. i'd much rather see a thick stack of service records.
#10
Rennlist Member
Originally Posted by shaheed
to me it doesn't matter, i've seen cars with less than 60k miles in clearly worse shape than those with over 100k. 20+ year old parts break. personally i'd be scared to buy one of those 20k mile cars that pops up every so often. those are the ones that have never had parts changed out, because of the low mileage, and you get the pleasure of doing it all yourself once you start driving. i'd much rather see a thick stack of service records.
Although I am rather curious as to why my headgasket has gone at 85k while other stock engines last close to twice as long...
#11
Originally Posted by billthe3
Although I am rather curious as to why my headgasket has gone at 85k while other stock engines last close to twice as long...
#14
Bought my '86 951 in May with 38K miles. It currently has about 43k miles and had no issues related to age or sitting too long. Mechanic looked it over twice this summer and only came up with a leaky strut, everything else was fine.
Car seemed pretty well maintained but only came with a few receipts for the major repairs like timing belt and clutch.
Car seemed pretty well maintained but only came with a few receipts for the major repairs like timing belt and clutch.