Hello EIM!

I am looking to replace my 2007 MCSm with a Clubman, so I need to sell Molly. Before I actually put her up for sale, I am looking for your comments and advice. Is my asking price reasonable?

2007 MCS
6-Speed Manual
Chili Red / Black
OPTIONS:
Black Bonnet Stripes
17" Flame Spoke Wheels with Dunlop Summer Performance Runflats
(and four 16" Rial Wheels with Dunlop Winter Performance Runflats)
Sport Suspension
Dynamic Stability Control
Limited Slip Differential
Leather Multi-function Steering Wheel with Cruise Control
Black Lounge Leather Upholstery
HiFi 10-speaker Radio/CD System
Rear Fog Lamps
Front and Rear Mud Flaps
Front, Rear, and Boot Cooper S Rubber Floor Mats
Factory MINI Rear Bike Rack, Dealer Installed
Average MPG 33; highest 40; lowest 30
30,000 miles (20,000 warranty miles left)
Excellent Condition Inside and Out

Original Cost $29,000
Asking Price $25,000

 

Long time no see oldsbear

I would say that is a fair price for your Molly...

Hope to see you motoring in the clubman real soon!!!

 

You are really on top of things, D3m0N. Good to hear from you.

 

Seems reasonable - check cars.com and kbb.com for avg prices

 

$24k is a tad bit high not by much though so I'd start it at that price, and it'd give you some wiggle room down to the $21-22k it would more than likely sell for. At $24k youre still in the price range of a brand new CooperS with full warranty so I think some people will look at that right away. at $21k its not a bad price.

 

Hey there, 'bear...

I think I'm in Rob's camp wrt wiggle room. It probably depends on how wide you cast your advertising net. I imagine the potential market in rural areas is pretty small but if you get the word out to the nearest urban centers--even Chicago and St. Louie--you'll greatly expand the likely customer pool.

Good luck with the sale...can't wait to see your Clubbie. What sort of specs are you considering?

 

I did look at kbb, but not cars.com. Thanks

 

Good advice, I think. If I have to go lower than $22k, I'll probably do without the Clubman. Thanks for your thoughts.

 

Yes, I'm thinking that you're right about St. Louis and Chicago: more potential buyers closer to the dealerships.

I don't have a complete set of specifics yet on the Clubman. I would want the leather sport seats. Molly's are the most comfortable chairs I have -- home, office, anywhere. When my back hurts, I go for a drive -- yet another excuse to drive Molly

Mrs. Oldsbear thinks I should consider the automatic transmission; hard telling when one of my legs is going to quit working. Not sold on the idea yet, but it's a possibility.

No packages, no sunroof, no heated seats, no navigation, no Bluetooth or HD radio. I might go for a softer ride, though I don't want to sacrifice handling.

Thanks for your thoughts

 

Good to see you on here Oldsbear,Thinking that would be a sweet car for someone to buy good luck in the sales dept. Marty will miss Molly

 

I will miss Molly, too
Good to see you, too. I have been away for a while.

 

I checked prices on Edmunds.com its probably one of the more reliable sources kbb just isnt updated as much anymore from what I've been told by the dealerships.

 

I looked it up there. Seems like they are a little out of touch on characteristics, but it's interesting how they price-out the individual options. Thanks for the tip.

 

Even though there is a larger market in the St. Louis area sometimes that means supply is larger too if you watch the MINI's that go up for sale in Iowa City that the dealers purchase at auction there usually sold for 10 - 15% over KBB in about 1 week or less. Just my observation demmand is there just no supply.

 

Good point, D3m0N....