30,000 miles
#1
30,000 miles
I'm trying to sell my 2016 Targa 4 GTS. Of those appraising or making offers, a few of them have expressed lesser interest in the car if it's over 30,000 miles. Their offers are conditional on selling the car with less than 30,000 miles.
I drive this car daily. It has NEVER seen the abuse of a race track.
When I pulled up in the driveway from work today, I rolled over 29,903 miles. I drive 32 miles to work, round trip. Easy math will see where "time is running out".
So, if a potential buyer buys my car (as a reseller) at 29,999 miles, to satisfy the "less than 30,000 miles" requirement, does he NOT allow his potential buyers to test drive the car out of his parking lot, fearful that it will go over 30,000 miles while in his possession?
While I didn't buy this car to make money on it at the time of resale, I still got the "Porsche holds its value" spiel from both the reviews and salesmen. I suppose that they need to clarify: "must NOT drive the car more than 1,000 miles per year" as well.
I drive this car daily. It has NEVER seen the abuse of a race track.
When I pulled up in the driveway from work today, I rolled over 29,903 miles. I drive 32 miles to work, round trip. Easy math will see where "time is running out".
So, if a potential buyer buys my car (as a reseller) at 29,999 miles, to satisfy the "less than 30,000 miles" requirement, does he NOT allow his potential buyers to test drive the car out of his parking lot, fearful that it will go over 30,000 miles while in his possession?
While I didn't buy this car to make money on it at the time of resale, I still got the "Porsche holds its value" spiel from both the reviews and salesmen. I suppose that they need to clarify: "must NOT drive the car more than 1,000 miles per year" as well.
#3
Rennlist Member
I wouldn't sweat this stuff either. Your car will easily last 200k miles. You barely put a dent in the car's mileage. Although it is pretty awesome that you put 30k on a 2016.
I have a 2018 911 and I plan to put 1 million miles on it before I kick the bucket. I am at 3700 miles now.
I have a 2018 911 and I plan to put 1 million miles on it before I kick the bucket. I am at 3700 miles now.
#4
I'm trying to sell my 2016 Targa 4 GTS. Of those appraising or making offers, a few of them have expressed lesser interest in the car if it's over 30,000 miles. Their offers are conditional on selling the car with less than 30,000 miles.
I drive this car daily. It has NEVER seen the abuse of a race track.
When I pulled up in the driveway from work today, I rolled over 29,903 miles. I drive 32 miles to work, round trip. Easy math will see where "time is running out".
So, if a potential buyer buys my car (as a reseller) at 29,999 miles, to satisfy the "less than 30,000 miles" requirement, does he NOT allow his potential buyers to test drive the car out of his parking lot, fearful that it will go over 30,000 miles while in his possession?
While I didn't buy this car to make money on it at the time of resale, I still got the "Porsche holds its value" spiel from both the reviews and salesmen. I suppose that they need to clarify: "must NOT drive the car more than 1,000 miles per year" as well.
I drive this car daily. It has NEVER seen the abuse of a race track.
When I pulled up in the driveway from work today, I rolled over 29,903 miles. I drive 32 miles to work, round trip. Easy math will see where "time is running out".
So, if a potential buyer buys my car (as a reseller) at 29,999 miles, to satisfy the "less than 30,000 miles" requirement, does he NOT allow his potential buyers to test drive the car out of his parking lot, fearful that it will go over 30,000 miles while in his possession?
While I didn't buy this car to make money on it at the time of resale, I still got the "Porsche holds its value" spiel from both the reviews and salesmen. I suppose that they need to clarify: "must NOT drive the car more than 1,000 miles per year" as well.
While I would buy a car over 30K miles, a 1-2 year old car with that many miles might concern me. GLWS
#5
I'd be more concerned with a car that had been to the track multiple times during that 2 year period, but only had 12,000 miles on it.
Or buying a PDK car that had "launch control" used excessively.
#6
Rennlist Member
I'd be more concerned with cars that have not been driven very much than cars that have "high mileage" on them. They sit, rot, rust and corrode. All cars including Porsches need to be driven. That is the best scheduled maintenance program. It should be in the manual too. You need 12k miles/year on them. I just sold a 9 year old Lexus with 170k miles on it. Not one problem with the car. It will last another 200k miles. Same with Porsches if you drive them. Let them sit in a garage, and there is no way I would buy one....unless I owned a museum.
#7
Rennlist Member
What is 'excessive" for launch control use...the GM at my dealership mentioned that you could void certain parts of the warranty by using launch control "too much". Not sure if that was BS or not...but if there is a number, someone please tell me...I need to get to "N-1" soonest.
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#8
Rennlist Member
What is 'excessive" for launch control use...the GM at my dealership mentioned that you could void certain parts of the warranty by using launch control "too much". Not sure if that was BS or not...but if there is a number, someone please tell me...I need to get to "N-1" soonest.
P.S. Guess what happens to those cars? Check STG's HFS post. lol.
#9
I'm trying to sell my 2016 Targa 4 GTS. Of those appraising or making offers, a few of them have expressed lesser interest in the car if it's over 30,000 miles. Their offers are conditional on selling the car with less than 30,000 miles.
I drive this car daily. It has NEVER seen the abuse of a race track.
When I pulled up in the driveway from work today, I rolled over 29,903 miles. I drive 32 miles to work, round trip. Easy math will see where "time is running out".
So, if a potential buyer buys my car (as a reseller) at 29,999 miles, to satisfy the "less than 30,000 miles" requirement, does he NOT allow his potential buyers to test drive the car out of his parking lot, fearful that it will go over 30,000 miles while in his possession?
While I didn't buy this car to make money on it at the time of resale, I still got the "Porsche holds its value" spiel from both the reviews and salesmen. I suppose that they need to clarify: "must NOT drive the car more than 1,000 miles per year" as well.
I drive this car daily. It has NEVER seen the abuse of a race track.
When I pulled up in the driveway from work today, I rolled over 29,903 miles. I drive 32 miles to work, round trip. Easy math will see where "time is running out".
So, if a potential buyer buys my car (as a reseller) at 29,999 miles, to satisfy the "less than 30,000 miles" requirement, does he NOT allow his potential buyers to test drive the car out of his parking lot, fearful that it will go over 30,000 miles while in his possession?
While I didn't buy this car to make money on it at the time of resale, I still got the "Porsche holds its value" spiel from both the reviews and salesmen. I suppose that they need to clarify: "must NOT drive the car more than 1,000 miles per year" as well.
I don't think the issue is that your GTS has 30k miles. I think the issue is that it's a 2016 with 30k miles when most comparable 2016 listings are 15k and under (just did a quick cars.com search). So resellers are probably concerned it won't move quickly and they will have to price it lower.
Personally, I say don't worry about it and drive the crap out of it. Yeah it's probably a ~10k difference in value but would you rather your last memories in this GTS be the driving or worrying about resale?
#10
Rennlist Member
I have never understood the mentality of buying an expensive car and not driving it. Is it because people really can't afford to take the "hit" of selling a high mileage car. Think about it for a minute. If you are driving the car and put loads of miles on it, you are enjoying it. There is no "hit", it is a trade off. Also, the cost per mile driven goes way down on a high mileage car.
#11
What is 'excessive" for launch control use...the GM at my dealership mentioned that you could void certain parts of the warranty by using launch control "too much". Not sure if that was BS or not...but if there is a number, someone please tell me...I need to get to "N-1" soonest.
"Porsche chief propeller-head Wolfgang Hatz" said there was no limit on how many launches you could do in a Turbo S. The test (and video clip) shows them doing 61 launches back-to-back yielding 0-60 times in the 2.6-2.8 second range. Nothing broke or even "limped".
Come to think of it, I can't recall very many reports of a Porsche breaking a PDK, or melting down a clutch, or grenading an engine, or having a warranty claim denied due to excessive launches. Probably "N-1" is a number you will never reach.
#12
I am theoretically OK with "high miles" if reflected on the price, but have to admit that I use the "no more than" xx,xxx miles when looking at cars in the usual websites...
So yes, the 5k steps in miles have an inpact on how quickly and at what price it will resell. However, what today is high for a 2016, will not be so in a few months... So if you don't sell it now for what you expect, maybe leave it for the weekends and sell in a couple of years with no additional depreciation.
So yes, the 5k steps in miles have an inpact on how quickly and at what price it will resell. However, what today is high for a 2016, will not be so in a few months... So if you don't sell it now for what you expect, maybe leave it for the weekends and sell in a couple of years with no additional depreciation.
#13
Rennlist Member
I have never understood the mentality of buying an expensive car and not driving it. Is it because people really can't afford to take the "hit" of selling a high mileage car. Think about it for a minute. If you are driving the car and put loads of miles on it, you are enjoying it. There is no "hit", it is a trade off. Also, the cost per Smile goes way down on a high mileage car.
#14
Rennlist Member
Oh...but we can try...
#15
I got some feedback from one of the dealers that was/is putting this "30,000 mile" limitation on their offer.
Keep in mind, that this has been going on for almost a week, where I have put on 30 to 50 miles per day on the car, with 29,930ish miles on it now.
At first, this caused enough concern to drive my car as little as possible. Then as I thought this through and saw in more of a sales ploy to get me to take their offer BEFORE doomsday (i.e. hitting 30,000 miles), I did as many have suggested in this thread: just drive and enjoy the car.
Anyway, to the feedback from the dealer:
-if I bring the car in with MORE than 30,000 miles, their offer will be $500 less.
All that for $500 difference.
Keep in mind, that this has been going on for almost a week, where I have put on 30 to 50 miles per day on the car, with 29,930ish miles on it now.
At first, this caused enough concern to drive my car as little as possible. Then as I thought this through and saw in more of a sales ploy to get me to take their offer BEFORE doomsday (i.e. hitting 30,000 miles), I did as many have suggested in this thread: just drive and enjoy the car.
Anyway, to the feedback from the dealer:
-if I bring the car in with MORE than 30,000 miles, their offer will be $500 less.
All that for $500 difference.