2002 z06
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On The Tree
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2002 z06 Found a 2 owner, black/black Z w/ 83k on it. Car is an overall 9, cosmetically, 100% stock. Needs a glovebox latch and an oil pressure sending unit. NO accidents.
I've got a sale price of $16.5, but I have to travel (will probably cost me a day's time and $3-400 in expesnses).
Buy it?
Edit: there was a mileage discrepancy a few years ago, it seems awfully out of place and could just be a clerical error. How much impact would this have?
I've got a sale price of $16.5, but I have to travel (will probably cost me a day's time and $3-400 in expesnses).
Buy it?
Edit: there was a mileage discrepancy a few years ago, it seems awfully out of place and could just be a clerical error. How much impact would this have?
Last edited by mild83; Apr 3, 2015 at 08:54 AM.
The mileage discrepancy shows up on the Carfax? What does it say?
I would be a little leery about buying a car with a mileage discrepancy simply because it will always be a question mark that will need to be explained to any future owners. I would be worried that even though it could easily be a clerical error, it would hurt the value compared to a similar, clean titled car. As a buyer, I would have a hard time paying top dollar or even buying a car with something like that on its title when other clean title cars are available.
I would be a little leery about buying a car with a mileage discrepancy simply because it will always be a question mark that will need to be explained to any future owners. I would be worried that even though it could easily be a clerical error, it would hurt the value compared to a similar, clean titled car. As a buyer, I would have a hard time paying top dollar or even buying a car with something like that on its title when other clean title cars are available.
Thread Starter
On The Tree
Joined: Mar 2011
Posts: 158
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The mileage discrepancy shows up on the Carfax? What does it say?
I would be a little leery about buying a car with a mileage discrepancy simply because it will always be a question mark that will need to be explained to any future owners. I would be worried that even though it could easily be a clerical error, it would hurt the value compared to a similar, clean titled car. As a buyer, I would have a hard time paying top dollar or even buying a car with something like that on its title when other clean title cars are available.
I would be a little leery about buying a car with a mileage discrepancy simply because it will always be a question mark that will need to be explained to any future owners. I would be worried that even though it could easily be a clerical error, it would hurt the value compared to a similar, clean titled car. As a buyer, I would have a hard time paying top dollar or even buying a car with something like that on its title when other clean title cars are available.
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Joined: Nov 2011
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From: Connecticut SE shore
It would also depend on what the actual difference in mileage is. I wouldn't be very concerned over something under a couple thousand miles. The car is probably fairly priced for a Z06 of this mileage but I think the better values are in the ones with 20K to 45K miles. Those do a lot better on resale in the event you decide the car isn't quite for you. And the mileage premium is well in your favor on those cars. Getting a 25K mile car for only an extra $4K-6K more is a good deal (ie 3X the wear and tear on one car vs. the other).
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On The Tree
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It would also depend on what the actual difference in mileage is. I wouldn't be very concerned over something under a couple thousand miles. The car is probably fairly priced for a Z06 of this mileage but I think the better values are in the ones with 20K to 45K miles. Those do a lot better on resale in the event you decide the car isn't quite for you. And the mileage premium is well in your favor on those cars. Getting a 25K mile car for only an extra $4K-6K more is a good deal (ie 3X the wear and tear on one car vs. the other).
I agree with you on the lower mileage cars, there's a local one by me w/ 57k on it for $20k, with service records, but it's out of my price range.
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From: Connecticut SE shore
If you're saying that the 83K Z06 could/should be a 43K mile car then I would seriously consider it at $16.5K. There's really no downside as it's already priced as a 80K mile car. The title info could always be corrected. But, if that car is really showing -40K miles (ie 123K miles actual) then I wouldn't touch it. It really comes down to the condition of the car, how it drives, etc.
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On The Tree
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If you're saying that the 83K Z06 could/should be a 43K mile car then I would seriously consider it at $16.5K. There's really no downside as it's already priced as a 80K mile car. The title info could always be corrected. But, if that car is really showing -40K miles (ie 123K miles actual) then I wouldn't touch it. It really comes down to the condition of the car, how it drives, etc.
The odd thing is that carfax shows that there "is not a mileage discrepancy" in the checks, it notes that it could possibly be a clerical error.
In the video he sent, the interior looks really nice, it idles smooth, no issues and sounds good. For the prices I've been seeing, it seems like a great deal. I checked autotrader, CF, CL, ebay, cars.com, and only thing I'm seeing in the $16k range are 01s, mileage over 100k, and/or damaged.
