Quote:
Originally Posted by AWF10M5
I would do it and let me tell you why. In the end the depreciation balances the value out.
Last year when I bought my second m5 I had a chance to buy one with 90k miles for around 28k. Was loaded and stock.
I passed and bought one with less mileage in the 40s. With the warranty and all it ended up being close to 50 out the door.
I drive a lot and I drove this m5 a lot more than anticipated.
Now the value on my m5 is mid 20s wholesale/trade in. Had I put the same amount of miles I had on the 90k car the value would is at 22-23k for that car. After a time the mileage doesn't matter. Once the prices hit rock bottom they all balance out.
In the end the high mileage car assuming it ran like the way my current m5 is would have been a much better buy....value and resale wise.
Now I'm stuck with my m5 as losing almost 25k in a year is too tough to swallow. If you are like me and change cars often then buy high mileage and spend less.
If you plan on keeping your car and keep cars for 6-7 years...you should buy low mileage and the exact combo you want.
My two cents
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You're %100 right about the value
BUT you didn't talk about repair and maintenance?
Warranty cost on a 90k miles car?