Low(er) mileage LE vs high(er) mileage S...
Discussion
Hi all,
Looking at buying an Evora. I'll probably keep it for three years. It's a second car but I'd like to put 5k miles on it each year.
The best of what I have been offered:
£30k for a LE (so NA), needs a little bit of work (minor cosmetics and suspension), no clutch yet, 32.5k miles.
£35k for an S, VERY well sorted - recent clutch, lots of work carried out recently, cosmetically excellent. 65k miles.
RIGHT NOW the S is the better option, clearly. What concerns me is resale value - if I do my planned mileage I am looking at selling a 47k mile NA Evora, or an 80k mile S... With Evora's generally being pretty low mileage cars I worry I might not be able to sell the 80k mile car very easily.
I know the logic is often 'just buy what you want now, enjoy it, stop worrying about selling it' but if it loses £10k then that's £10k less of car I can buy next time, and there's other things I want to own.
Where do you think the money should be going?
Looking at buying an Evora. I'll probably keep it for three years. It's a second car but I'd like to put 5k miles on it each year.
The best of what I have been offered:
£30k for a LE (so NA), needs a little bit of work (minor cosmetics and suspension), no clutch yet, 32.5k miles.
£35k for an S, VERY well sorted - recent clutch, lots of work carried out recently, cosmetically excellent. 65k miles.
RIGHT NOW the S is the better option, clearly. What concerns me is resale value - if I do my planned mileage I am looking at selling a 47k mile NA Evora, or an 80k mile S... With Evora's generally being pretty low mileage cars I worry I might not be able to sell the 80k mile car very easily.
I know the logic is often 'just buy what you want now, enjoy it, stop worrying about selling it' but if it loses £10k then that's £10k less of car I can buy next time, and there's other things I want to own.
Where do you think the money should be going?
S. Your 15k miles are adding almost 50% to the NA, so these miles will have more of an impact on the NA value than the S.
The S is a much better car. I was very surprised at how slow the NA was the first time I drove one. The S has just the right amount of power. It's fast by comparison to the NA, but not so fast that you don't get to drive with your foot mashed into the carpet for a good amount of time, when conditions are right.
The S is a much better car. I was very surprised at how slow the NA was the first time I drove one. The S has just the right amount of power. It's fast by comparison to the NA, but not so fast that you don't get to drive with your foot mashed into the carpet for a good amount of time, when conditions are right.
A 47k miles Evora is still on the right side of average miles. Whereas an 80k miles car will be one of the highest milers out there and, sad to say, regardless of history or condition that will rule it out for many buyers off the bat.
Having said that, £35k is a good price in today's market for a sorted S. If you're lucky you'll get your money back. Even at 80k miles I doubt you'll lose more than £5-6k if you keep the car in top condition.
Whereas it sounds like you'll probably need to spend close to £35k to get the LE up to par. It might sell for £35k in three years, but it's probably going to be worth closer to £30k. So not much in it really.
Bear in mind an LE will have the long-ratio 'box which delivers quite a different experience to the close-ratio version in the S, while there is a small risk of catastrophic failure with early batches of S1 CR boxes which the S is likely fitted with if it's a 2011 car.
Having said that, £35k is a good price in today's market for a sorted S. If you're lucky you'll get your money back. Even at 80k miles I doubt you'll lose more than £5-6k if you keep the car in top condition.
Whereas it sounds like you'll probably need to spend close to £35k to get the LE up to par. It might sell for £35k in three years, but it's probably going to be worth closer to £30k. So not much in it really.
Bear in mind an LE will have the long-ratio 'box which delivers quite a different experience to the close-ratio version in the S, while there is a small risk of catastrophic failure with early batches of S1 CR boxes which the S is likely fitted with if it's a 2011 car.
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