Why do buyers pay more for 5, 10, 15 year old domains.

[coykiesaol]

If there is no traffic, or high spot in Goo, why do buyers think older domains are worth more?

Thanks

[rocky123]

People pay more for the old domain names bcoz of the SEO technical term known as "domains age" of that domain. Although it doesn't have that much of traffics but are the most appraisals value older domain with higher price. so ppl who want those domain to buy has to pay more as it has no choice .

[Dan]

It's also a pride factor, people may like to advertise the fact that they own a really old domain.