Part of it is the age, regardless of condition. Most people aren't going to have 15-20k just sitting around to put on a car, thus needing to get financing. However, most banks aren't going to give you a loan (or at least not with good terms) on a 1998 vehicle, even though it has basically no miles.
This is what I ran into. I was originally looking for a mint 4th gen instead of the 2010 I have now. However, most of the nice/low mile 4ths were pushing $20k already. Even if I could get the loan, the interest was insane. It just ended up not being much more money to get a car that's ~10 years newer. Insurance and tags, however, are a different story!
OP, if I had to guess, I would say maybe $15k if someone has the coin and really loves it. Convertible can make it a harder sell, too, unless you find that perfect buyer.
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