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Thread: Getting rid of high mile sedans

  1. #1


    Our business took off about 3 years ago. At the time we were on a 'shoe string' budget. We stretched out our payments to make the cars affordable to us. Now we have cars with over 250,000 miles on them with 2 more years of payments. This has set us a tad upside down with them. We owe a little over retail value. I'm scared to sell the cars to a private party as they may come back to me when the car has a major problem. I think we have learned our lesson as we now finance for three years. Is there some market for towncars with high miles?


  2. #2


    Seeing that your in California this may not be as useful as I would have hoped. But, New York City has some of the crapiest Towncars on the road I've ever seen. You probably could unload a high mileage vehicle, since they don't care what the miles are and if your cars are in good shape, you should be able to get ok $$$. I would suggest maybe getting in touch with the black car assoc in the NYC area. If I can find a number or web site I'll post it. ??? what years are your sedans? Good Luck.

  3. #3


    Our '95 towncar is the main one we are in trouble with. We also have a '91 towncar with 244,000 miles we owe a minium amount on. What kind of mileage are operators getting out of the towncars? We have a '98 we would need to get almost 400,000 by the time it's paid off to break even!


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