Hi there, IH8Mudders! This will be my first LC. I'm excited, and have learned a ton from this forum (thank you!).
I'm looking for a early 2000s LC (or 470) that will be a third vehicle for our family, with it's primary purpose being offroad adventuring in Northern CA and the surrounding area.
My priority in finding a vehicle is:
Option 1: 2001 LC, 109k miles. $13,500.
Option 2: 2000 LC, 188k miles. $8,500.
They both have excellent interior and exterior condition, no rust, and documentation showing all appropriate preventative maintenance. Both recently had the timing belt, water pump, and related replacements done.
Assume that we will have the vehicle for 2-4 years (15k - 30k miles) and then will sell it.
So it basically boils down to whether I would rather save $5,000 or have 80k less miles on the vehicle.
Questions:
- What would you do?
- If I go with the higher mileage vehicle, will the $5,000 I save be chewed up by repairs and maintenance that I would avoid with the lower mileage example?
- Is the higher mileage vehicle more likely to break down and leave me stranded?
- What things am I not considering?
- What will happen when it comes time to resell? Will the lower mileage one have held its value while the higher mileage one tanks?
Thank you!
Charley
I'm looking for a early 2000s LC (or 470) that will be a third vehicle for our family, with it's primary purpose being offroad adventuring in Northern CA and the surrounding area.
My priority in finding a vehicle is:
- 2000 - 2003 model year
- Less than 200k miles
- Very well maintained and documentation showing the same
- Little or no rust
Option 1: 2001 LC, 109k miles. $13,500.
Option 2: 2000 LC, 188k miles. $8,500.
They both have excellent interior and exterior condition, no rust, and documentation showing all appropriate preventative maintenance. Both recently had the timing belt, water pump, and related replacements done.
Assume that we will have the vehicle for 2-4 years (15k - 30k miles) and then will sell it.
So it basically boils down to whether I would rather save $5,000 or have 80k less miles on the vehicle.
Questions:
- What would you do?
- If I go with the higher mileage vehicle, will the $5,000 I save be chewed up by repairs and maintenance that I would avoid with the lower mileage example?
- Is the higher mileage vehicle more likely to break down and leave me stranded?
- What things am I not considering?
- What will happen when it comes time to resell? Will the lower mileage one have held its value while the higher mileage one tanks?
Thank you!
Charley