Some perspective and what I was willing to spend:
5 yrs ago I bought a 2005 VZ Executive Wagon with 150,000km for $7k (private sale) It was red so I was happy with it. Tidy and regular service.
18mths ago I bought a 2005 VZ Berlina Wagon with 120,000km for $7k (private sale). Very happy with it, tidy and regular service.
Yesterday I bought a 2008 VZ Executive wagon with 137,000km for $8k (dealer). Very tidy and regular service. I’m not happy about the colour (silver) but it was the best wagon I could get this week, needing to replace our 2005 VZ Executive wagon that was written off. Insurance gave us $6k so that was a fair price for a wagon that now had 220,000km.
I believe the above wagons were good value for money (NZ) as the alternatives had a lot more kms for the same price (or more) or you paid less for an older model. If I spent 6mths searching TradeMe I might’ve got a better deal but I’m pretty sure the price was about right for what I got. I guess Commodores are a bit cheaper in Aus?