There are other factors at hand here for me.
Milage isnt the issue its the wear everywhere else. My Z4M has done 74k and the very nature of the car being low long bonnet etc is the wear on the aesthetic elements as much as the mechanical. I dont like a shabby car and I enjoy sorting it as far as it can go without paint.
Mine was used hard in its previous life and it did look shabby, usual stone chips incredibly swirled because of a car cover and really it needs a front end respray, same with the skirts and the rear bumper as the valance was wrapped and when it came off water had got under pealing the paint etc so everything but the rear wings and boot.
Interior is the same all the steering wheel soft plastics have warn and other elements in the cabin as we all know that need refreshing.
Thats what puts me off a higher miler. It's also taking on other peoples issues when you buy them you cant comb them 100%. Lots of projects of people buying fixing and moving them on for profit to keep them on the road.
My M has cost me a lot more than my first one which is to be expected as it's much older. The Z4M seems to be the only car not appreciating and the prices have flat lined and have for quite a while with only moderate increase in price in the coupe.
So my point is it depends on who you are and what your OCD is like. I have come from a background with my dad having "Garage Queens" low milers similar to PVR so my OCD gets quite high. I also like a specific generation of car like the Z4M (which is in the 15-20 year old category now) where I think buying low milers is kind of pointless as if you drive them it ruins their value, dont drive them they waste away in a garage so I think 60-70k is a decent compromise and is now becoming "Low miles". Drive them and put loads of miles on them they are really hard to sell.
For example I dont know if anyone listens to Smith and Sniff the car podcast, but on this weeks episode he needed a key cutting for this fiat panda 100hp and the guy who came to do the job had a 200+k E92 M3 and couldn't sell it, nobody would touch it although from the sound of things it was well looked after. After being for sale for a long time he ended up selling it as a parts car to a breaker.
Even so if you are the type of guy who likes to show your car and keep it nice the costs of getting it into better condition often doesn't make any financial sense as they arent appreciating either. I could spend 6-10k on a respray as I wouldn't want to do it on the cheap but the car is still probably only worth 14-15k.
What was nice is I went to Ultimate BMW meet a couple of weeks ago and mine was certainly one of the better examples of cars there but there was a huge spectrum.
Anyway just an argument on the other side of the coin.
I would lean toward a lower miler car for that reason, costs more but sorting a poor car out can be more costly and worth less.
Not to say there isn’t any good condition higher miler but the more they have the less they are worth and for anyone outside a forum people tend to spend less looking after them because of that economy and that cars are disposable these days.
If you are buying cheap and then piling the miles on the OCD is much lower.
Milage isnt the issue its the wear everywhere else. My Z4M has done 74k and the very nature of the car being low long bonnet etc is the wear on the aesthetic elements as much as the mechanical. I dont like a shabby car and I enjoy sorting it as far as it can go without paint.
Mine was used hard in its previous life and it did look shabby, usual stone chips incredibly swirled because of a car cover and really it needs a front end respray, same with the skirts and the rear bumper as the valance was wrapped and when it came off water had got under pealing the paint etc so everything but the rear wings and boot.
Interior is the same all the steering wheel soft plastics have warn and other elements in the cabin as we all know that need refreshing.
Thats what puts me off a higher miler. It's also taking on other peoples issues when you buy them you cant comb them 100%. Lots of projects of people buying fixing and moving them on for profit to keep them on the road.
My M has cost me a lot more than my first one which is to be expected as it's much older. The Z4M seems to be the only car not appreciating and the prices have flat lined and have for quite a while with only moderate increase in price in the coupe.
So my point is it depends on who you are and what your OCD is like. I have come from a background with my dad having "Garage Queens" low milers similar to PVR so my OCD gets quite high. I also like a specific generation of car like the Z4M (which is in the 15-20 year old category now) where I think buying low milers is kind of pointless as if you drive them it ruins their value, dont drive them they waste away in a garage so I think 60-70k is a decent compromise and is now becoming "Low miles". Drive them and put loads of miles on them they are really hard to sell.
For example I dont know if anyone listens to Smith and Sniff the car podcast, but on this weeks episode he needed a key cutting for this fiat panda 100hp and the guy who came to do the job had a 200+k E92 M3 and couldn't sell it, nobody would touch it although from the sound of things it was well looked after. After being for sale for a long time he ended up selling it as a parts car to a breaker.
Even so if you are the type of guy who likes to show your car and keep it nice the costs of getting it into better condition often doesn't make any financial sense as they arent appreciating either. I could spend 6-10k on a respray as I wouldn't want to do it on the cheap but the car is still probably only worth 14-15k.
What was nice is I went to Ultimate BMW meet a couple of weeks ago and mine was certainly one of the better examples of cars there but there was a huge spectrum.
Anyway just an argument on the other side of the coin.
I would lean toward a lower miler car for that reason, costs more but sorting a poor car out can be more costly and worth less.
Not to say there isn’t any good condition higher miler but the more they have the less they are worth and for anyone outside a forum people tend to spend less looking after them because of that economy and that cars are disposable these days.
If you are buying cheap and then piling the miles on the OCD is much lower.
Eindhoven NL
Liverpool
I mean, if I was looking analytically, I would never have a Z4, or Mini Cooper S, I would probably have a BMW 3 series / VW Passat / Golf or Toyota Yaris or something... 
