Which low mileage cars go through many numbers of owners?

Which low mileage cars go through many numbers of owners?

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Discussion

Gericho

Original Poster:

574 posts

10 months

Tuesday 22nd October
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I was a bit shocked to see that all the Audi S1 cars for sale with less than 30,000 miles on it have already had 7 owners or even more. What's the reason for that?

I would have thought something completely impractical and a potential money pit might go through many owners, but not a mainstream model like this.

Are there any other specific models that change hands often without having been used much?


Nicks90

565 posts

61 months

Tuesday 22nd October
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Probably all nearer 100k miles imho
I'd be wanting to read the mileage on the gearbox using an appropriate scanner and not believing what's on the dash

SkinnyPete

1,488 posts

156 months

Tuesday 22nd October
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Porsches are a good example of this.

Always surprises me the number of low mileage £100k+ cars at an official Porsche dealer but with six or seven owners.

My assumption is people don’t use them, get tired of the running costs, flat out can’t afford the running costs, or just wanted to tick a box (amongst other reasons).

Ste372

655 posts

94 months

Wednesday 23rd October
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When I owned a fabia. There were a lot of 18/19 year olds getting very cheap insurance quotes on these and the purchase price wasn't that much certainly under 15k before COVID.

Id imagine it's the same old story, purchase price and insurance is reasonable. But running costs and servicing is equivalent to any Audi s car.

Just reached the purchase price where they are bought ragged for a few months and swapped/sold on rinse and repeat. Every jot hatch seems to go through this stage when purchase price drops below 20k

Lester H

3,065 posts

112 months

Wednesday 23rd October
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SkinnyPete said:
Porsches are a good example of this.

Always surprises me the number of low mileage £100k+ cars at an official Porsche dealer but with six or seven owners.

My assumption is people don’t use them, get tired of the running costs, flat out can’t afford the running costs, or just wanted to tick a box (amongst other reasons).
Quite agree. If you are able to transcend the financial pain barrier and acquire a new Porsche, then this is true. I don’t have one, friends do. Just because they are expensive, they are usually treated sensibly and well maintained, so that owners can enjoy them briefly, tick the box and sell for decent money. Ferraris differ because they are true super cars, and owners tend to pamper them and do low mileages , ironically, for fear of depreciation. Often these are prized possessions, covered and cherished in dry heated garages. But some domestic crisis could force a sale.

Monkeylegend

27,214 posts

238 months

Wednesday 23rd October
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F Type Jags and most TVR'