LongevityHighest mileage V8?

[M threezy]

Thinking about buying a 03 4runner V8 with 160k miles, mostly highway miles according to previous owners.

What is the life of this 4runner? How would the resale value be say in 2 years with 200K miles?

Thanks!

 

[sbbamafan]

I'm just curious, how much are you considering paying for this car?

 

[M threezy]

Well he had it for $12.9k but upped it to $13.9k because of the hits he was getting. It is limited with an auto but no navi.

I am not paying more than $12k for it. Is it worth it?

 

[brad6841]

Mine's an '03 with about 60,000 and I only paid $19,000....$12,000 or $13,000 for 160,000 miles sounds like a bit much....I'd check it out on KBB to see what the value is....

 

[M threezy]

this is the limited model. its 15600 excellent to 12700 fair

 

[alaskaman]

Think about it. 160 K 12 and 0K 26. no warranty/great new warranty.

no brainer inIMHO

 

[Northof49]

If you can buy it for under rough book value and you like the particular vehicle, and it's not beat to rat shit, servicing is up to date, etc, I'd say go for it. That's a ton of vehicle for 12K anyway you slice it.

That said, you won't be making any money on it, particularily if you're putting on some miles.

The reason he is getting lots of "hits" is because people looking for vehicles are generally stupid and just see "03 4Runner V8 Limited" and "$12,000," and figure they've found and "good deal," when the price is really just reflecting the mileage. Once he tells them the mileage, most will pout because they never thought of that. Has no real bearing on the price.

With a vehicle like that, determine what YOU are willing to pay for it and offer him that number. If it's a nice looking example, it will probably sell on curb appeal vs. price alone.