Is this worth buying?
04-22-2014, 08:17 AM
#1
Thread Starter
Join Date: May 2013
Location: PA
Posts: 8
Is this worth buying?
My 96 mustang is slowly degrading and I think instead of fixing the old girl I want to find a new one. I found a 2005 base with 115k miles on it. It's v6 automatic. They are asking $7k for it. I'm just trying to ponder if 115k miles is too many miles to be worth it
04-22-2014, 09:14 AM
#3
2nd Gear Member
Join Date: Feb 2013
Location: New York
Posts: 263
I personally would not buy anything with that many miles on it unless I was in the low money range ($1000-$4000.) I'm not saying that's what you should offer or that's what that car's worth, but be careful buying something with so many miles.
However, if your budget is low, than I'd do what the above poster said and offer a considerably lower amount and go from there. Maintenance is key to high mileage: ask for repair receipts, proof of work, descriptions of work, etc. If it's a 1-owner car it helps a lot too.
This is the reason I want to sell my '06 before it hits 100k miles because the car's value takes a big hit when people see triple digit mileage.
However, if your budget is low, than I'd do what the above poster said and offer a considerably lower amount and go from there. Maintenance is key to high mileage: ask for repair receipts, proof of work, descriptions of work, etc. If it's a 1-owner car it helps a lot too.
This is the reason I want to sell my '06 before it hits 100k miles because the car's value takes a big hit when people see triple digit mileage.
