Sweet spot to sell a car on in terms of age/mileage?

[jamesgarbett]

I see a few people on here who say things like "as soon as my car hits 60k miles I'm selling it"

Now I tend to keep my cars until they get to 100k+ on the basis that the more often you change your car the more it costs you (assuming you always buy a newer/more expensive one as a replacement)

Has anyone looked into this in more detail? I guess as mileage increases mechanical failure becomes more likely/more expensive but then surely the depreciation curve flattens off as well?

 

[mmm-five]

I normally keep my cars until I get bored of them, they become too expensive to run, or start becoming unreliable. The Z4 has been great in the 3.5 years I've owned it, and can't see me getting rid of it any time soon, despite me clocking up 53k miles in those 3.5 years (had 9k when I bought it, so now on about 62k miles).

This is the 'newest' car I've ever bought, and my previous two M5s had over 80,000 miles on them when I bought them - and the youngest was about 6 years old at the time. Probably the only reason that a 50k car was selling for £15k

 

[ranski]

from seeing previous 'for sale' posts i think the Z4 (or sport cars in general?) tend to me harder to sell when they go over 70,000 miles

I guess as most want a weekend car that has low mileage and so doesnt need any money being spent on it

I fell into this category when i bought my 2003 two years ago. I wanted a low mileage for the above reasons hence mine had a fairly low 19,000 miles on it

 

[shortfuse 2]

my m has 24k on it will keep it for a longtime no reason to get shut of after a few years give some one else the benifit of the low miles

 

[Maniac]

Apart from the bloody fuel costs ...

 

[IvanDobskey]

Mine has 78k on the clock now and I have no plans to sell. I'll keep until it starts costing big money in repairs then trade in. Fingers crossed that won't be for a while yet.