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Effect of high(ish) mileage on a new car - future trade in

  • 28-06-2018 8:05am
    #1
    z0oT
    Registered Users, Registered Users 2 Posts: 740 ✭✭✭


    Some thing I'm curious about:


    My car is new - 181 reg, family hatchback with a petrol engine, bought it in early January.

    Now, due to commuting in and out to work from the family home on account of saving for a mortgage, and my wife not driving (she's learning now though) my mileage is a lot higher than it would have been in previous years. I’m currently at just shy of 16000km for nearly 6 months so extrapolating for the remainder of the year would put me at maybe 33k per year.

    I would hope we’ll be moving out of the family home within a year, whereby the mileage will go way down after that. However let’s just assume I stay at this level of mileage, how much would this kind of mileage effect what I'm going to get for a trade in if I do that for another new car in 2-3 years’ time?

    I know it’s common for this kind of mileage in diesel engine cars and from eying the asking prices on high mileage ~3 years old similar diesel cars on Donedeal it doesn’t seem to make much difference if there’s an extra 40/50k on them, but there aren't examples for equivalent petrol engine cars.


    Anyone have any thoughts?


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