Master Wallet Mechanic
This is one of those personal types of purchases made because you have a special affinity for the model/year. Is it a worthwhile purchase to buy a car that is priced at over twice market value? From a business perspective probably not. From a personal perspective, if it is a car that is special to you, price may be secondary. A 14 year old R32 with only 45K miles would be pretty rare but mileage already to high for it to be a collector down the road. The MKV R32 was probably the least popular of the MK4,5,6 R cars. With just a supercharger kit they are crazy fun, I got to ride in one. It also makes a great base for the HPA twin turbo kit if you want to dump another 20K into it and want to double the hp.So....one of my coworkers has a UG R32 with just 45k miles on it and recently put it up for sale asking $20k. He's in his 50's, original owner, and the car is a garage queen. I jokingly told him that I'll buy it but it's overpriced so he said I can have it for $17k. I've been out of the MkV game since I sold my 2007 GTI back in 2012. I've been doing some browsing around and it looks like the majority are high mileage examples and/or ragged to death. Would it be a worthwhile purchase, is it priced too high, are they unreliable at that age?
This would be purely a weekend car as my daily (V60 Polestar) won't be sold. My head says no but my heart screams yes