2012 am I crazy?

[redsox2rays]

I am looking at buying a 2012 3.8 Genesis with 198k on the odometer. Am I crazy? Asking 4k. Trying to get to 250k

 

[PMCErnie]

Yes, you are likely what you think you are. A ‘12 with almost 200,000 miles has done its duty. If you buy it, it will likely do its duty on you.

 

[EdP]

Yes, you are likely what you think you are. A ‘12 with almost 200,000 miles has done its duty. If you buy it, it will likely do its duty on you.

I'd buy it, but for dirt cheap. At that point of life, it may go another 100k, or it could die tomorrow and you have a parts car worth $100 or so.

A quick look at KBB for value put it at $2200 for trade in. I'd offer even less. Invest the savings into something with a good return, like lottery tickets.

 

[PMCErnie]

$4,000 could buy a much newer Honda, Toyota, etc. That’s where I’d put my money. Of course, if you know the current owner and trust his service records, which you will surely review, the ‘12 Genesis might be a decent buy at Ed’s price.

I’m sure you’re tempted by the beauty and comfort of the Genesis but at your price level, a dependable vehicle is more important than a purdy chariot.

 

[redsox2rays]

$4,000 could buy a much newer Honda, Toyota, etc. That’s where I’d put my money. Of course, if you know the current owner and trust his service records, which you will surely review, the ‘12 Genesis might be a decent buy at Ed’s price.

I’m sure you’re tempted by the beauty and comfort of the Genesis, but at your price level, a dependable vehicle is more important than a purdy chariot.

Thanks for the feedback. The used market in Maine is still super price inflated right now and anything with lower mileage sells almost immediately. I agree, a Honda or Toyota would make a lot of sense.

 

[PMCErnie]

Thanks for the feedback. The used market in Maine is still super price inflated right now and anything with lower mileage sells almost immediately. I agree, a Honda or Toyota would make a lot of sense.

I meant to mention a Hyundai too, whether Sonata, Santa Fe or a Tucson.

 

[redsox2rays]

I meant to mention a Hyundai too, whether Sonata, Santa Fe or a Tucson.

Definitely open to other Hyundai vehicles. We, unfortunately, are putting our Veracruz down as it has completely rotted and rusted out on the underbody. Typical of cars in the Notheast.