Gordon Moore
Second Unit
- Joined
- Nov 1, 2000
- Messages
- 340
My wife and I are looking at an '01 Caravan Sport that is in really nice shape but it has high kilometers (124,000 km(77000 mi)).
As the dealership put it..."but they are highway kilometers" (As if that gets them off the hook).
Maybe it's better for the engine but I would have to think that CV joints etc would still take a beating.
For an '01 it has approximately 5.2 years of driving on it(figuring the standard 24,000 km/year).
20% depreciation the first year and 10-15% for the first 5 years is my and others rule of thumb in trying to ballpark what it's really worth versus what they and others in my area are asking.
So again...Do highway kilometers really get them off the hook or is it some myth that sounds better than it really is?
As the dealership put it..."but they are highway kilometers" (As if that gets them off the hook).
Maybe it's better for the engine but I would have to think that CV joints etc would still take a beating.
For an '01 it has approximately 5.2 years of driving on it(figuring the standard 24,000 km/year).
20% depreciation the first year and 10-15% for the first 5 years is my and others rule of thumb in trying to ballpark what it's really worth versus what they and others in my area are asking.
So again...Do highway kilometers really get them off the hook or is it some myth that sounds better than it really is?