What is considered low milage
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"The average annual mileage is 12,000, so if a car has mileage somewhat less than 60,000 after five years it would be considered low. If it's much more, it would be classed as high. Car valuation websites do not always provide mileage adjusted prices as part of their free service."
- - the Google
- - the Google
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Going with average annual standard most systems use, the car should have over 150K miles by now. But my opinion is low miles is in the eye of the beholder/perception. For an exotic car generally anything under 5 figures is considered low and anything over 20K miles seems high, again based on perception.
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Low miles in relation to what? Annual driving or just plain miles no matter the age? I assume based on your comment on your own car you're referring to the former.
I have 72,000. Car is an 07 so given the build date, it's 14 years old but will call it 13 years old anyway. Average is 5539 miles per year. I think that's low mileage. Yet if I'm shopping for one, I think 'd look for something with fewer than 72,000 miles on it overall. Your car for example, I'd think of as low mileage whereas in reality, they both are or they aren't.
Crap, now I'm thinking of Schrödinger's Cat paradox. I need to get out of the house more.
I have 72,000. Car is an 07 so given the build date, it's 14 years old but will call it 13 years old anyway. Average is 5539 miles per year. I think that's low mileage. Yet if I'm shopping for one, I think 'd look for something with fewer than 72,000 miles on it overall. Your car for example, I'd think of as low mileage whereas in reality, they both are or they aren't.
Crap, now I'm thinking of Schrödinger's Cat paradox. I need to get out of the house more.
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pwpacp (05-09-2020)
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^^^
. There's also the parking problem in NYC, which reminded me of this story.
A blonde walks into a bank in New York City and asks for the loan officer. She says she's going to Europe on business for two weeks and needs to borrow $5,000. The loan officer says the bank will need some kind of collateral for the loan, so the blonde hands over the keys to her new Rolls Royce. The car is parked on the street in front of the bank; she has the title, and everything checks out. The bank agrees to accept the car as collateral for the loan. The bank's president and its officers all enjoy a good laugh at the blonde for using a $300,000 Rolls as collateral against a $5,000 loan. An employee of the bank then drives the Rolls into the bank's underground garage and parks it there. Two weeks later, the blonde returns and repays the $5,000 and the interest, which comes to $15.41. The loan officer says, "Miss, we are very happy to have had your business, and this transaction has worked out very nicely; but we are a little puzzled. We checked you out and found that you are a multimillionaire. What puzzles us is - why would you bother to borrow $5,000?" The blond replies....."Where else in New York City can I park my car for two weeks for only $15.41 and expect it to be there when I return?"![Icon Shrug](https://www.jaguarforums.com/forum/images/smilies/icon_shrug.gif)
![Icon Goofygrin](https://www.jaguarforums.com/forum/images/smilies/icon_goofygrin.gif)
![Icon That](https://www.jaguarforums.com/forum/images/smilies/icon_that.gif)
A blonde walks into a bank in New York City and asks for the loan officer. She says she's going to Europe on business for two weeks and needs to borrow $5,000. The loan officer says the bank will need some kind of collateral for the loan, so the blonde hands over the keys to her new Rolls Royce. The car is parked on the street in front of the bank; she has the title, and everything checks out. The bank agrees to accept the car as collateral for the loan. The bank's president and its officers all enjoy a good laugh at the blonde for using a $300,000 Rolls as collateral against a $5,000 loan. An employee of the bank then drives the Rolls into the bank's underground garage and parks it there. Two weeks later, the blonde returns and repays the $5,000 and the interest, which comes to $15.41. The loan officer says, "Miss, we are very happy to have had your business, and this transaction has worked out very nicely; but we are a little puzzled. We checked you out and found that you are a multimillionaire. What puzzles us is - why would you bother to borrow $5,000?" The blond replies....."Where else in New York City can I park my car for two weeks for only $15.41 and expect it to be there when I return?"
![Icon Shrug](https://www.jaguarforums.com/forum/images/smilies/icon_shrug.gif)
![Icon Goofygrin](https://www.jaguarforums.com/forum/images/smilies/icon_goofygrin.gif)
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