Cost Difference based on Mileage | FerrariChat

Cost Difference based on Mileage

Discussion in 'Florida' started by Lasalle, Jul 17, 2006.

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  1. Lasalle

    Lasalle Rookie

    May 6, 2006
    16
    If you have 2 360s same year and same options but one has 5000 more miles is there a guide for price difference based on each add'l mile - say $3.00 or $4.00 per mile. Would appreciate some input.
     
  2. TheCarcierge

    TheCarcierge Formula 3

    Feb 1, 2004
    1,837
    Boca Raton, FL
    Full Name:
    Scott Saidel
    There is no measure like you are suggesting - $x.xx per xx miles.

    Furthermore, ther are a variety of other factors that tend to effect sales price more than mileage - options, condition, recent service, new tires ... even things like color.

    Also, the "deduction" for mileage tends to be reduced as the car ages. For example - on a 'new' F430 5000 miles is probably worth $5000-7500. On a 1978 308 5000 additional miles probably makes little to no difference in the sales price.

    If you provide more specific details regarding the two 360's I might be able to give you a better answer.

    Scottie
     
  3. BT

    BT F1 World Champ
    Lifetime Rossa

    Mar 21, 2005
    15,291
    FL / GA
    Full Name:
    Bill Tracy
    I would say that it is in the range of $1-2 per mile (assuming both are very low mileage). the difference between two 1999 360 with 30k or 35k miles would be about .60 per mile IMHO. the difference between two 2004 360 with 3k or 8k miles might be as high as $10k, but more likely around $6-7k.
    BT
     
  4. htb3

    htb3 Formula Junior

    May 30, 2005
    629
    FL
    Full Name:
    Tom
    You can try Kelly blue book- kbb.com or nada.com, and enter in mileage and options for most cars to get a value, but I dont think they have it listed on a lot of newer or exotic cars.
     

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