What difference does mileage make to the value of a car?

Polmop

My daughter is looking to buy a Peugeot 2008 diesel, she has found 2 one is 10 months older than the other and is on a 14 plate with about 50k on the clock the other is on a 64 plate with 20k on the clock
The older one is 1500 cheaper (different garages).
Does the newer car warrant a 1500 price difference for 10months newer and 30k miles
Thanks

Ebe_Scrooge

A 5 year old car with only 20K on the clock ? I'd be very wary of that, especially if it's a diesel.

But within reason, mileage is largely irrelevant. Far more important is the history - how/where the car has been drive, has it been serviced at the specified intervals, has it been generally well looked-after ? Always buy on condition and history.

But to answer your question - on the face of it, and without seeing the cars, if it were me I'd be avoiding the newer one, it's got all the hallmarks of being used to pop to the shops once a week and little else, which is not good for an engine.

LandyAndy

Polmop wrote: »

My daughter is looking to buy a Peugeot 2008 diesel, she has found 2 one is 10 months older than the other and is on a 14 plate with about 50k on the clock the other is on a 64 plate with 20k on the clock
The older one is 1500 cheaper (different garages).
Does the newer car warrant a 1500 price difference for 10months newer and 30k miles
Thanks

I'd go for the older one. 20k in five years could be very problematical for a diesel

Polmop

Ebe_Scrooge wrote: »

A 5 year old car with only 20K on the clock ? I'd be very wary of that, especially if it's a diesel.

But within reason, mileage is largely irrelevant. Far more important is the history - how/where the car has been drive, has it been serviced at the specified intervals, has it been generally well looked-after ? Always buy on condition and history.

But to answer your question - on the face of it, and without seeing the cars, if it were me I'd be avoiding the newer one, it's got all the hallmarks of being used to pop to the shops once a week and little else, which is not good for an engine.

Yep the higher mileage one has full service history
Thanks, you have made me feel better, I had encouraged her to get the older one

Cisco001

how many miles she is doing?
Does she really need diesel?
If she need diesel, could she afford EURO 6?

Polmop

Cisco001 wrote: »

how many miles she is doing?
Does she really need diesel?
If she need diesel, could she afford EURO 6?

What is euro 6, I have never heard of it

AdrianC

Polmop wrote: »

What is euro 6, I have never heard of it

Car emissions have been standardised since the early 90s. Euro1 through to the current standard, Euro6.

Euro6 was required on all new cars from September 2015, but some earlier may also have conformed - it'll say on the V5C logbook. The emissions standard is important if she's got any intention of going into London - the Congestion Charge zone of central London and, from 2021, all of London inside the north and south circulars will require diesels to be Euro6, with petrols only needing to be Euro4 (2006-on), else a sizeable penalty will be sent through to the keeper for every day the car is seen on the roads inside the area. Other cities will undoubtedly follow suit sooner or later.

Why are petrols OK so much older? Because it's based on Nitrogen Oxides (NOx) emissions, which dropped markedly between Euro5 and 6 for diesels, to the same levels that petrols met at Euro4.

And, no, Brexit won't make any difference - the "Euro" emissions aren't EU, but part of UN Economic Commission for Europe standardisation...