Conti GT mileage - over 100k
Discussion
I know that there is a phsycological effect of 100,000 miles as opposed to 96,000 miles but should I be extra wary of buying a 'high' mileage Conti GT?
I know that good history is paramount and actually very low mileage old cars can be just as bad.
Will a car retain more resale value if its under 100k?
So for example is a 2006 GT with 106,000 on the clock worth 5% or 20% less than one with 96,0000 on, all other things such as service history and condition being equal?
Clearly running one from 96k to 106k over say 2 years is going to hit resale but more than general ageing?
What do you reckon?
Price wise, I have seen 2011 cars for £37k and 2006 cars with higher mileage for under £20k. There are also a lot for sale with very optimistic prices. Finding actual sale prices is a bit harder.
I know that good history is paramount and actually very low mileage old cars can be just as bad.
Will a car retain more resale value if its under 100k?
So for example is a 2006 GT with 106,000 on the clock worth 5% or 20% less than one with 96,0000 on, all other things such as service history and condition being equal?
Clearly running one from 96k to 106k over say 2 years is going to hit resale but more than general ageing?
What do you reckon?
Price wise, I have seen 2011 cars for £37k and 2006 cars with higher mileage for under £20k. There are also a lot for sale with very optimistic prices. Finding actual sale prices is a bit harder.
Law of supply and demand rules regarding residuals .
As time passes more and more will pass 100K .
It depends on the “ demand “ how many are prepared to tackle the repair and replace bills .
There will be a point pretty soon I reckon @ 15 K they will be worth more as parts and a sub industry will spring up breaking them up to supply the folks that desire to continue running them .
Eventually the supply side of good ones will start to shrink faster than the potential buyers so the demand will firm up .
Despite over 100,000 units produced I don’t think you will ever find “ all things being equal “ SH .
.You need to dig deeper and get a Bentley specialist to do a thorough inspection with all the under covers removed and wheels + a full computer scan .
I mean front disks are about 1K , pads £350 .....so I bet the two cars the 37 k miler is ready for a front brake job .Add vat and labour =£2 K
The 100 K could have just had a set a few K ago .
Just buy on condition and a deep history.
There’s lots of other factors like colour. Black will cost you more as an ownership prospect because they show every mark .
So a typical 3 year experience with a silver or pale colour one will cost zero at selling on .Any chips / marks on 120 K mikes feels normal and will hardly show .The exact same marks , chips on a black car will be a put off .So either knock more off to get rid or send it away for a nose job “
“detailing and preparing “ in dealer speak .
If you are worried about depreciation and running costs , in particular dropping the few K unexpected bill you couldn’t have picked a more riskier car for circa £20 K + or - 5K .
That’s why they are basically cheap there is not enough folks with deep enough pockets full of hard cash to drop in unexpected and still quite a lot about .
With the 37 K car at 2010 or what ever it’s could costs £10 over 3 years and loose 1/2 its value.So £28 K .
The 15 K 100 miler might cost say £6 K and over 3 years loose 4 K or even £5 K ,
Remember it’s already worth more broken up - you bought it at that point .
So it’s cost £10 or £11 k as opposed to nearer £30 K ........over the 3 years ownership experience.
As said you need a thick file to read on the sellers ( private owners ) kitchen table before even looking at it .
You problem with alleged FB SH from a dealer any dealer is under privacy laws all they will show you is tatty book of stamps and any invoice they have done .
You can’t see the complete history file only the book at a dealer .
As time passes more and more will pass 100K .
It depends on the “ demand “ how many are prepared to tackle the repair and replace bills .
There will be a point pretty soon I reckon @ 15 K they will be worth more as parts and a sub industry will spring up breaking them up to supply the folks that desire to continue running them .
Eventually the supply side of good ones will start to shrink faster than the potential buyers so the demand will firm up .
Despite over 100,000 units produced I don’t think you will ever find “ all things being equal “ SH .
.You need to dig deeper and get a Bentley specialist to do a thorough inspection with all the under covers removed and wheels + a full computer scan .
I mean front disks are about 1K , pads £350 .....so I bet the two cars the 37 k miler is ready for a front brake job .Add vat and labour =£2 K
The 100 K could have just had a set a few K ago .
Just buy on condition and a deep history.
There’s lots of other factors like colour. Black will cost you more as an ownership prospect because they show every mark .
So a typical 3 year experience with a silver or pale colour one will cost zero at selling on .Any chips / marks on 120 K mikes feels normal and will hardly show .The exact same marks , chips on a black car will be a put off .So either knock more off to get rid or send it away for a nose job “
“detailing and preparing “ in dealer speak .
If you are worried about depreciation and running costs , in particular dropping the few K unexpected bill you couldn’t have picked a more riskier car for circa £20 K + or - 5K .
That’s why they are basically cheap there is not enough folks with deep enough pockets full of hard cash to drop in unexpected and still quite a lot about .
With the 37 K car at 2010 or what ever it’s could costs £10 over 3 years and loose 1/2 its value.So £28 K .
The 15 K 100 miler might cost say £6 K and over 3 years loose 4 K or even £5 K ,
Remember it’s already worth more broken up - you bought it at that point .
So it’s cost £10 or £11 k as opposed to nearer £30 K ........over the 3 years ownership experience.
As said you need a thick file to read on the sellers ( private owners ) kitchen table before even looking at it .
You problem with alleged FB SH from a dealer any dealer is under privacy laws all they will show you is tatty book of stamps and any invoice they have done .
You can’t see the complete history file only the book at a dealer .
Edited by Fiammetta on Monday 27th January 20:35
Fiammetta said:
Law of supply and demand rules regarding residuals .
As time passes more and more will pass 100K .
It depends on the “ demand “ how many are prepared to tackle the repair and replace bills .
There will be a point pretty soon I reckon @ 15 K they will be worth more as parts and a sub industry will spring up breaking them up to supply the folks that desire to continue running them .
Eventually the supply side of good ones will start to shrink faster than the potential buyers so the demand will firm up .
Despite over 100,000 units produced I don’t think you will ever find “ all things being equal “ SH .
.You need to dig deeper and get a Bentley specialist to do a thorough inspection with all the under covers removed and wheels + a full computer scan .
I mean front disks are about 1K , pads £350 .....so I bet the two cars the 37 k miler is ready for a front brake job .Add vat and labour =£2 K
The 100 K could have just had a set a few K ago .
Just buy on condition and a deep history.
There’s lots of other factors like colour. Black will cost you more as an ownership prospect because they show every mark .
So a typical 3 year experience with a silver or pale colour one will cost zero at selling on .Any chips / marks on 120 K mikes feels normal and will hardly show .The exact same marks , chips on a black car will be a put off .So either knock more off to get rid or send it away for a nose job “
“detailing and preparing “ in dealer speak .
If you are worried about depreciation and running costs , in particular dropping the few K unexpected bill you couldn’t have picked a more riskier car for circa £20 K + or - 5K .
That’s why they are basically cheap there is not enough folks with deep enough pockets full of hard cash to drop in unexpected and still quite a lot about .
With the 37 K car at 2010 or what ever it’s could costs £10 over 3 years and loose 1/2 its value.So £28 K .
The 15 K 100 miler might cost say £6 K and over 3 years loose 4 K or even £5 K ,
Remember it’s already worth more broken up - you bought it at that point .
So it’s cost £10 or £11 k as opposed to nearer £30 K ........over the 3 years ownership experience.
As said you need a thick file to read on the sellers ( private owners ) kitchen table before even looking at it .
You problem with alleged FB SH from a dealer any dealer is under privacy laws all they will show you is tatty book of stamps and any invoice they have done .
You can’t see the complete history file only the book at a dealer .
That's interesting and I will take it all onboard. Thanks for taking the time!As time passes more and more will pass 100K .
It depends on the “ demand “ how many are prepared to tackle the repair and replace bills .
There will be a point pretty soon I reckon @ 15 K they will be worth more as parts and a sub industry will spring up breaking them up to supply the folks that desire to continue running them .
Eventually the supply side of good ones will start to shrink faster than the potential buyers so the demand will firm up .
Despite over 100,000 units produced I don’t think you will ever find “ all things being equal “ SH .
.You need to dig deeper and get a Bentley specialist to do a thorough inspection with all the under covers removed and wheels + a full computer scan .
I mean front disks are about 1K , pads £350 .....so I bet the two cars the 37 k miler is ready for a front brake job .Add vat and labour =£2 K
The 100 K could have just had a set a few K ago .
Just buy on condition and a deep history.
There’s lots of other factors like colour. Black will cost you more as an ownership prospect because they show every mark .
So a typical 3 year experience with a silver or pale colour one will cost zero at selling on .Any chips / marks on 120 K mikes feels normal and will hardly show .The exact same marks , chips on a black car will be a put off .So either knock more off to get rid or send it away for a nose job “
“detailing and preparing “ in dealer speak .
If you are worried about depreciation and running costs , in particular dropping the few K unexpected bill you couldn’t have picked a more riskier car for circa £20 K + or - 5K .
That’s why they are basically cheap there is not enough folks with deep enough pockets full of hard cash to drop in unexpected and still quite a lot about .
With the 37 K car at 2010 or what ever it’s could costs £10 over 3 years and loose 1/2 its value.So £28 K .
The 15 K 100 miler might cost say £6 K and over 3 years loose 4 K or even £5 K ,
Remember it’s already worth more broken up - you bought it at that point .
So it’s cost £10 or £11 k as opposed to nearer £30 K ........over the 3 years ownership experience.
As said you need a thick file to read on the sellers ( private owners ) kitchen table before even looking at it .
You problem with alleged FB SH from a dealer any dealer is under privacy laws all they will show you is tatty book of stamps and any invoice they have done .
You can’t see the complete history file only the book at a dealer .
Edited by Fiammetta on Monday 27th January 20:35
There are so many of these about at the moment. Ignoring the actual cost and looking at the 'cost for a used £140k car' there is a wide range of choice at the £20-£40k price. 2006 to 2011, 20k miles to 100k miles. Yes a £20k car is twice the price of a £40k car but that range is 14% to 28% the original cost. Both a tiny fraction of the new cost. I guess I am asking which is best value!
You're right about the big bills and these can land just as hard or even harder on the newer, lower mileage car. Look at Carbon brakes. These are like £10-15k or something to fix if they crack, which they do apparently. That's made that £30k car suddenly a whole lot more expensive.
Going for the cheaper end does mean less to loose and more chance of recovering some of the cost by parting out if a killer bill arrives. (Having said that, there is a guy who can't shift his spares and repairs for £9k on ebay!)
I am under no illusions about the running costs. I've read a lot of horror stories. I also understand that these cars are still depreciating hard, just not as hard as a 2016 car! (sub 20k milers, 2016, well under half new price)
richard at home said:
That's interesting and I will take it all onboard. Thanks for taking the time!
There are so many of these about at the moment. Ignoring the actual cost and looking at the 'cost for a used £140k car' there is a wide range of choice at the £20-£40k price. 2006 to 2011, 20k miles to 100k miles. Yes a £20k car is twice the price of a £40k car but that range is 14% to 28% the original cost. Both a tiny fraction of the new cost. I guess I am asking which is best value!
You're right about the big bills and these can land just as hard or even harder on the newer, lower mileage car. Look at Carbon brakes. These are like £10-15k or something to fix if they crack, which they do apparently. That's made that £30k car suddenly a whole lot more expensive.
Going for the cheaper end does mean less to loose and more chance of recovering some of the cost by parting out if a killer bill arrives. (Having said that, there is a guy who can't shift his spares and repairs for £9k on ebay!)
I am under no illusions about the running costs. I've read a lot of horror stories. I also understand that these cars are still depreciating hard, just not as hard as a 2016 car! (sub 20k milers, 2016, well under half new price)
I Px'ed my 2010 GT Speed with 57,000 miles on the clock which is still for sale at the dealers possibly in your price range. Full Bentley service history, sports exhaust with switchable valves and remapped to 706bhp. PM me if you want further details.There are so many of these about at the moment. Ignoring the actual cost and looking at the 'cost for a used £140k car' there is a wide range of choice at the £20-£40k price. 2006 to 2011, 20k miles to 100k miles. Yes a £20k car is twice the price of a £40k car but that range is 14% to 28% the original cost. Both a tiny fraction of the new cost. I guess I am asking which is best value!
You're right about the big bills and these can land just as hard or even harder on the newer, lower mileage car. Look at Carbon brakes. These are like £10-15k or something to fix if they crack, which they do apparently. That's made that £30k car suddenly a whole lot more expensive.
Going for the cheaper end does mean less to loose and more chance of recovering some of the cost by parting out if a killer bill arrives. (Having said that, there is a guy who can't shift his spares and repairs for £9k on ebay!)
I am under no illusions about the running costs. I've read a lot of horror stories. I also understand that these cars are still depreciating hard, just not as hard as a 2016 car! (sub 20k milers, 2016, well under half new price)
alan powley said:
Hi David the California still looks the nuts mate it was a good trade in mate but the bentley is still a nice car .
Hi Alan, Yes... Enjoying the California. I can't beleive my Bentley is still for sale with Full history, low milage and 'Enhancements'. perhaps the green wrap is putting people off. Are you pleased with the sound your car makes?Gassing Station | Bentley & Rolls Royce | Top of Page | What's New | My Stuff