Exige 410 Higher mileage
Discussion
Hi all, I’m looking currently for a 410 which due to space requirements will need to be my sole car. Looking at classified for quite a few months now and everything appears be sub 10k miles - in most cases around half that.
Has anybody come across any higher mileage examples? I appreciate that for most these will be 2nd or 3rd cars however I’m just really trying to get the man maths to work out and don’t want to end up putting a reasonable mileage on over the next year and then be unable to sell. Therefore just trying to get a rough idea as to how much of a hit they take with some miles on.
Fully aware of the practicality limitations for a daily driver
Has anybody come across any higher mileage examples? I appreciate that for most these will be 2nd or 3rd cars however I’m just really trying to get the man maths to work out and don’t want to end up putting a reasonable mileage on over the next year and then be unable to sell. Therefore just trying to get a rough idea as to how much of a hit they take with some miles on.
Fully aware of the practicality limitations for a daily driver
I ran an Exige V6 roadster for 3 years as a company car/daily...did about 46k miles in it. Sold the car about 3 years ago when prices were not as strong but from memory it was about £55k and sold it for £27k so still a good residual when compared to almost anything else with real miles on. It was also a better car for more regular miles... Given these are the last cars of their type now and the way we are being brainwashed into EV I don`t see how you can go wrong...
Obviously it's hard to say with certainty how high(er) miles would affect value, but my personal opinion is that it wouldn't have THAT much of an affect.
My thinking is along the lines of:
1) These aren't complicated cars. The engines are bulletproof. Higher miles does not mean the car is close to needing an expensive rebuild or anything like that. So that won't scare people off.
2) These are the sort of cars generally bought by people with a reasonable interest in cars. As such, you'd expect people to know that just because the car has done 50,000 miles it doesn't mean it's in any worse condition than one with 10,000 miles. A typical "buy on condition, not mileage' type of car.
3) The 410's are relatively rare cars, and there will never be that many for sale at any given point. I don't think you'd need to price it much lower than equivalent cars to get a buyer interested.
And regardless of that, even if you had to price it 10% lower than other cars, it'd probably still have better residuals than anything outside of a Porsche GT car.
My thinking is along the lines of:
1) These aren't complicated cars. The engines are bulletproof. Higher miles does not mean the car is close to needing an expensive rebuild or anything like that. So that won't scare people off.
2) These are the sort of cars generally bought by people with a reasonable interest in cars. As such, you'd expect people to know that just because the car has done 50,000 miles it doesn't mean it's in any worse condition than one with 10,000 miles. A typical "buy on condition, not mileage' type of car.
3) The 410's are relatively rare cars, and there will never be that many for sale at any given point. I don't think you'd need to price it much lower than equivalent cars to get a buyer interested.
And regardless of that, even if you had to price it 10% lower than other cars, it'd probably still have better residuals than anything outside of a Porsche GT car.
Buy it, use it and enjoy it. At the end of the day, if you buy one with higher mileage the price will reflect that and so will it the day you sell it.
I’ve never understood people who can spend so much money on a car and not drive it to enjoy it.
I would love a 410 but my budget was a 111r
I’ve never understood people who can spend so much money on a car and not drive it to enjoy it.
I would love a 410 but my budget was a 111r
Gassing Station | Elise/Exige/Europa/340R | Top of Page | What's New | My Stuff