Originally Posted by bmorgan
I would go 19-20k for one with less than30k miles, so..... One with 1K miles...... I would be willing to pay 24K tops. It would all depend on what I wanted to use it for though. If I were going to put lots of miles on it, I would look for a cheaper one with 20-30k miles on it. If I were looking to keep it stock and low miles, 24K would seem very reasonable to me.
I think pretty much like you do. If I were looking for one to put miles on, I would pay less. There is one advertised locally with 32,000 miles on it, and the guy was having difficulty getting $15,000 for it. I think that if you bought that car and spent a couple of thousand dollars on a good extended warranty, that would be a good deal. In my experience, older cars with extremely low mileage aren't always the best cars to buy. They can develop problems just from sitting unused. I have also found that they often suffer the same common problems that similar cars of the same vintage had while under warranty, but now the owner has to pay for the repairs out of pocket. How do I know this? I just sold a 2002 Chrysler Sebring Limited convertible that I bought 2 1/2 years ago with 8000 miles on it. I drove it 19,000 miles and spent several thousand dollars on repairs that would have been fixed for free in the first 3 years.
I'n not sure that I'd go as high as $24,000 for one with 1000 miles on it, but someone will. 33k? Forget it. Maybe 10 years from now at Barrett-Jackson.