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I have a 2003 Nissan Pulsar ST. It has 270,000 km, an impeccable service history, one previous owner, and is in very good condition. How much is it worth?
Mileage is a very important factor in the retained value of a car like this. The more kilometres it has covered, the less it will be worth. There’s also a sort of kilometre-cliff over which a car will plummet in residual-value terms once it breaches that distance-covered.
Even though you’ve cared for the car and serviced it properly, most buyers will be a bit leery of a car like a Pulsar with so many kilometres on board. Even in otherwise good condition, it would probably struggle to fetch more than about $3000 in the current market.
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