My 96 year old father-in-law lives in a retirement community in Tennessee. One of his lady friends was 99 and ask him did he know anyone who would buy a car? He gave her my phone number because I like interesting cars. She called me, and after telling me about her car with 7000 miles on it I sent her a check site unseen.
When I picked the car up, I was more than delighted. The only two issues with it were that the tires were original and out of date and the top surfaces of the car were faded because they did not have garages in that retirement facility. The car ran beautifully, and I drove it back to Georgia.
I have put 4000 miles on the car and here is what I have done to it. Rather than have the top surfaces painted in the original color I chose to two tone the car in the scheme of a Lucid Grand Air Touring, the prettiest sedan on the road. I changed all the fluids, including oil, brake fluid, coolant, and transmission. I put a new set of Michelin Defenders all around (60,000 tread warranty). I changed all filters, including the cabin air filter. I made several trips in the car. It got over 40 miles per gallon and it drove flawlessly. Everything works..
This car is priced higher than book value for obvious reasons. It is a like-new car with 11,000 miles on it. I doubt a bank will finance a 13 year-old car so it’s probably going to take cash to buy it. On the other hand, you’d get a car you can put 50,000 miles on without additional expense. Then you would have a book value car if you wanted to sell it at that point.
The car is in Madison, Ga. I will be there next week, however, I also have a home in Florida and I am thinking of taking it there for the winter. The title is clear and in my name.
You don’t buy the miles on a car. You buy the miles left on it.