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Sanity check on selling?

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Old 02-11-2015, 11:28 AM
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Sanity check on selling?

Don't know if this is the right category for this, but...

So I had someone test drive my car (2007 R56), really seemed to like it. Drove from quite a ways away to do it. I offered to pay for an expensive repair (the only repair it needs), and he eventually came back to say he didn't want it. That's fine, he's not obligated. But one of the reasons cited was that the HPFP hadn't been replaced--"they are known to fail, and yours hasn't been replaced, so it's going to fail soon" or something of that nature.

Should I be taking into account parts that haven't failed when setting an asking price? I can see if it's a car (any car) with high miles and someone says "well, the original transmission has 190k miles on it...", but calling out individual parts that aren't broken--and functioning perfectly, from what I can tell? I don't sell a lot of cars. I hate doing it because I never want to hand someone a lemon. In this case, I still absolutely love the car, it's solid, and I would sell it to anyone. But it is a used car. I can't promise nothing will ever go wrong with it.

Am I over thinking this? I guess if he'd just said 'no', I wouldn't think twice. But the reasons given make me question what I'm asking for.
 
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Old 02-11-2015, 11:54 AM
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Research the proper price, and ask for a little more. Do not overthink it. Do not feel guilty about the pricing. It is just business.
 
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Old 02-11-2015, 12:25 PM
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I definitely did the research, even paid for and provided the CarFax report. I even provided the full dealer maintenance history, on his request. I don't know if that's a common request, but I'm not trying to hide anything.
 
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Old 02-11-2015, 12:27 PM
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You have no worries, you seem responsible enough. In my case I always trade cars in because I don't have the time or desire to screw around trying to sell things to tire kickers.
 
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Old 02-11-2015, 02:22 PM
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Is this a turbo or non turbo R56? (Not specified)

Non turbo cars are not direct injection and don't have a HPFP, so if they turned you down because of a fear of the HPFP failing their logic is flawed.

If it is a turbo car, the dealer is covering HPFP failure out to 120,000 miles on most cars, you have to call them to clarify on if yours is covered, but the warranty is transferable between owners. The pump also has to be failing/failed, they won't cover a replacement because the potential buyer is afraid of it failing.
 
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  #6  
Old 02-12-2015, 08:35 AM
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Originally Posted by RobotSpider

Am I over thinking this? I guess if he'd just said 'no', I wouldn't think twice. But the reasons given make me question what I'm asking for.
I think you nailed it. When selling a car--especially one you have owned and cared for, it's hard not to take stuff like that personally. Do as suggested above, set your price range, and don't take your interactions with potential buyers to heart.
 
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Old 02-12-2015, 11:36 AM
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If this is an S I'd be worried about the timing chain and intake valves. Knowing what I know now and my son who owned a 2007 S R56 I would not buy one period. If those 2 issues have not been addressed it's a time bomb. And getting the HPFP done whether on MINI dime or not is still a PIA.
 
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Old 02-12-2015, 12:04 PM
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I'm guessing they were just looking for a way out of buying the car. Must have gotten cold feet. There is no reason to avoid a mini because it hasn't had the HPFP replaced. Even if it did have it replaced it could fail again. Just like the plastic thermostat housing that leaks. The first replacement lasted 9k miles on our car. Price the car to what you think is fair and wait it out. Selling cars sucks.

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