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Old 07-01-2009, 12:53 PM
zonedguy zonedguy is offline
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Join Date: May 2008
Location: Jersey City, NJ
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Help me value my MINI

Hey there motorers,

My office situation has changed recently such that I no longer need to make the commute (40 miles a day, 5 days a week) that was my reason for buying my MINI. I'll now be commuting into NYC via the train. As much as I love my MINI to death, it is clear that it is not financially responsible to keep a car just so I can drive to the grocery store every 2 weeks, go on MINI rallies, and take the occasional jaunt into Jersey. I am therefore going to sell my MINI, hopefully to someone who will love it just as much as I do. I've been considering this situation for a while, and am hoping you all can help me with determining a fair value for the car. I'm mostly hoping to come out above what I owe on my loan, which I think is an entirely reasonable goal, and anything else on top is a bonus.

I've done the usual value calculators for Private Party Sales at KBB, Edmunds, and NADA and frankly that is where my confusion begins. They are all over the place in terms of prices. Furthermore, they omit several of the OEM standard items that I feel add additional value (headliner, rear fogs, etc.) and character to a MINI that would be recognized by anyone considering such a purchase. Am I wrong? Do those items have no value even though they are OEM options?

So I put the question to you, based on the list and description below, what is a fair value for me to be asking? (If you care to make regional comparisons, I'm in zip code 07302)

2008 Mini Cooper S - Delivered June 20th, 2008
19,500 miles (95% highway)
Lightning Blue, White Roof, White Mirrors, OEM White Sport Stripes
6-speed Steptronic Automatic Transmission
16" White Bridgespokes with OEM All Season Run-flats w/ decent amount of tread left
Xenon Headlamps
Cold Weather Package
Multi-Function Steering Wheel
Bluetooth + USB/Ipod Adapter
HiFi Sound Upgrade
Dynamic Stability Control
Anthracite Headliner
OEM Center Arm Rest
OEM White Turn Signals
Cloth Seats
Factory Installed Alarm
Rear Fog Lights
Rubber Mats (front and passenger)

Aftermarket additions (do not expect to recoup cost, but listing just to know they are there)
Blue LED interior lighting replacement (except map lights)
Alta 4" Stubby Antenna

Thanks for your help!

Dealer maintained (including optional oil change after break-in) with all service records.

Condition:
1) The paint on the front has definitely fallen victim to road rash, wish I had the extra cash for a clear bra when I bought it! I have a Dr. Colorchip repair kit in hand, simply haven't used it yet.
2) Plastic cover on driver's rear turn signal is cracked due to me backing into trash can randomly placed in the middle of a parking lot.
3) There are two small indentations nearly side by side (not really a dent, but bent inward instead of with the curve) on the top of the hood from I have no idea what.
4) A small verticle indentation over the passenger rear wheel courtsey of someone's car door. No paint damage.
5) Driver's seat cloth is slightly stained as my roommate spilled coffee all over the seat and didn't tell me until a few days afterward.
6) It could use a thorough cleaning on the inside before it is sold in my opinion. But then again I often recieve comments about how "clean" I keep my interior even when I think it is dirty. Not smoked in ever.
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2008 MCSa LiB/W/W | 16" W-BridgeSpokes | Anthracite | Xenon | DSC | White Signals | Rear Fog | MSFW + iPod/Blue + HiFi

Last edited by zonedguy : 07-01-2009 at 01:10 PM.
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