Re: 99,134 mile Coupe six speed
Think twice on this car. At 99k+ MOST banks will not finance this car. Not a big deal for you as a cash buyer, but it drops what the car is worth. If banks will not touch it, it becomes a cash car or a buy here-pay here car---worth less. You can pay a $1000 or so more and get a car with 40,000 less miles---much better deal---PLUS you have 2+ years of driving before it becomes a "cash" car!!!!
Auction price for this car is $6,000, so go from there---it's a $7,000 car retail---that's 15+% ROI. Remember, I do this for a living!!! The reason that he dropped the price was simple---it was TOO high to begin with.
The car will go more miles---that is not the point. What it is worth is the point. As soon as it breaks 100k, all the banks that have good rates will NOT touch it, so it drops on that day like a rock because the BIG money RUNS from it!!!