Do you think a one owner MX-5 is usually priced higher than an equivalent car with multiple owners?
If so, what kind of % markup is common when it comes to pricing , all other things being equal?
I guess āā¦it dependsā will preface any replies you put forward but Iād love to hear from you.
I imagine a single owner who has lost interest over the ownership years Vs the enthusiasm of each new owner to take care of and upgrade their new to them motor would be a case against buying a one owner car.
Saying that, Iām finding it hard to imagine an MX-5 owner losing their enthusiasm for their 2-seater.
After a certain age the number of owners becomes less relevant and condition is everything (service history, paint/interior and especially underneath), one owner can neglect a care more than several. So āit dependsāā¦
Cars need attention even when they do nothing so I wouldnāt spend extra on one owner or low mileage just because of their existence.
A search of barn finds is educative; often one owner and nil miles in the last few years. But one owner and low miles will still get a premium . We are all suckers in the end
I think that back in the āold daysā, multiple owners of a car would suggest there was something āwrong with itā and everyone who owned it was just getting rid.
A suggestion that is perhaps less relevant nowadays .
Good pointā¦it seems these days cars are typically owned for 2 yearsā¦ enough time to scratch an itch before something else comes along.
Dare I say that MX-5 owners are more likely to look after their cars for longer than mostā¦
It deepens.
I like to be different.
As said, Condition is All.
But with a 1 owner car, Id be looking for very good (evidence backed) service lifeā¦and of course check for rot, rot, rot, and more rot. And check for rotā¦ohā¦done that one. Could be the real reason an MX5 is getting flipped. Mx5 sellers are all nice people thoughā¦
I think Iāve opened up a box of worms hereā¦ not so much on the 1 owner thing, but on the rot thingā¦ Iām kinda thinking if an MX-5 is the right choice for me if all theyāre gonna do is flake away ā¦
No, they donāt rot any worse than others too many to mention. Including some so called prestige stuff. Itās the cheeky way they do itā¦inside out! Boroscope is your best pal. Plenty of solid ( enough) Mk1s scooting about even todayā¦and many have been repanelled or remetalled to last another 20 yearsā¦if done properly. Dont let that worry youā¦just be careful and choosy. Enjoy while you can.
Another slice of good adviceā¦the OC chest is full of treasure
Read something else on another forum thread that if you have a budget, take 1k off for undersealing and any necessary work etcā¦sound advice again even though it may mean recasting the netā¦
Thanks and take care
Possibly. All I would say is that in my experience, itās not unusual to see an MX-5 at say 3 years old thatās already had 2 owners (especially if itās a low mileage example). A lot of people buy a sports car on a whim as a second (or third) car expecting to have trips out in it on fine days, and when it hasnāt been used as much as theyād anticipated, itās sold.
.
ā¦
