Anyone tempted to "Flip" your MINI?
Anyone tempted to "Flip" your MINI?
With the recent surge in retail value of used MINIs (at least here in Florida) has anyone been tempted to sell your MINI to make a profit? When I was shopping for cars 6 months ago I decided on a MCS over a BMW 330i due to costs, but now the situation has reversed. Dealers are routinely selling 2003-2004 MCS similar to mine for $17k+ and individual sellers are getting 15-16k. I bought my car for 12500. All of these prices are totally unjustified which kinda makes me want to take someone to the cleaners with my MCS (even though I do love it) and go pick up a 330 for around 10k.
I'm not being a traitor, just realistic. Anyone have any thoughts? I know a 330i isn't as tossable, but it's a great car that I could live with knowing that I saved a good deal of money.
I'm not being a traitor, just realistic. Anyone have any thoughts? I know a 330i isn't as tossable, but it's a great car that I could live with knowing that I saved a good deal of money.
Last edited by TheGermanJob; Nov 30, 2008 at 07:25 AM.
Theths market here is busted now I sold my 08 to fields BMw for 22K I paid 23K it was 3 months old and 3K in miles it still 2 months later sitting on the lot, the bubble burst after i sold
Picked up a sweet BMW
Picked up a sweet BMW
Well, I would never expect to get 22k for mine, but I still think it would easily sell for over the 12.5k that I paid for it.
I've also become a little skittish of reliability. I've already had to replace idler pulley bearing, belt tensioner, and cooling fan (all about $1100) plus the major service on it was about $550. Now I'm feeling a little slip from the clutch...not to mention the chewbaca noise every morning.
I've also become a little skittish of reliability. I've already had to replace idler pulley bearing, belt tensioner, and cooling fan (all about $1100) plus the major service on it was about $550. Now I'm feeling a little slip from the clutch...not to mention the chewbaca noise every morning.
I saw someone "flip" their MINI. Don't want to go there. As sturdy as they are it was still messed up pretty badly. Protected it's owner and co-driver in the process of giving up it's own life.
A good faithful little car.
It will be remembered fondly.
A good faithful little car.
It will be remembered fondly.
OP is asking.
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With the recent surge in retail value of used MINIs (at least here in Florida) has anyone been tempted to sell your MINI to make a profit? When I was shopping for cars 6 months ago I decided on a MCS over a BMW 330i due to costs, but now the situation has reversed. Dealers are routinely selling 2003-2004 MCS similar to mine for $17k+ and individual sellers are getting 15-16k. I bought my car for 12500. All of these prices are totally unjustified which kinda makes me want to take someone to the cleaners with my MCS (even though I do love it) and go pick up a 330 for around 10k.
I'm not being a traitor, just realistic. Anyone have any thoughts? I know a 330i isn't as tossable, but it's a great car that I could live with knowing that I saved a good deal of money.
I'm not being a traitor, just realistic. Anyone have any thoughts? I know a 330i isn't as tossable, but it's a great car that I could live with knowing that I saved a good deal of money.
If you really want to know what you're car's worth, post it on Craigs List or Cars.com and see what kind of offers you get. Just don't accept any money orders from Nigerian royalty.
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