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Which is best for an OldCoot?

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Old Mar 23, 2011 | 06:26 AM
  #51  
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You can always look at the dealers inventory via their web sites, and then try to do some negotiation over the phone. Saves some drive time up front. If a dealer has one on the lot I would think you'd be able to work something out. I'd call around to various dealers like Charlotte, Winston-Salem, and Knoxville.
 
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Old Mar 23, 2011 | 07:37 AM
  #52  
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Oldcoot - I sent a PM to you.
 
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Old Mar 23, 2011 | 08:52 AM
  #53  
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Isn't there a dealer in Asheville? I know there's a BMW dealer right there near the airport...

(My daughter lives in H'ville. Small world!)

You guys are dreaming if you think waving a check in their face has any value - if the salemanager could make the deal he would have. Obviously, the problem is the trade in, old coot thinks it's worth a lot more than the dealer does. You could try taking the trade out of the deal and selling it yourself, or take it around to the Suzuki dealer and asking them what they'd buy it for outright - not as a trade in - that will tell you what the real value of the car is.

Here's the thing tho folks, Edmunds does not buy and sell cars, neither does KBB or NADA or any other of the reporting services, they simply take an average of auction sales results, and there may not be enough sales of a particular car to get an really accurate idea of it's value. Quoting one of these guys as the true arbiter of value is a waste of time, all they are is an snapshot indicator of the trend.....as a 30 year sales manager for high end European cars store I used to jokingly say when someone told me Kelly Blue Book said their car was worth $XXX, "fine, go sell it to them."

On top of that, the value of a trade in does not go up over time - it only goes down. Your trade will not be worth more in a couple of months....

Like I said, if you really want to know what your car is worth, take it to the Suxuki dealer and ask them to buy it straight up, then go negotiate with the MINI dealer. As to $2K off, maybe on a leftover 2010, doubtful on a new 2011.
 
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Old Mar 23, 2011 | 10:32 AM
  #54  
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tccox
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Theres Flow Mini in Greensboro and Raleigh and Hendricks in Charlotte. I was surprised there was not one in Asheville. Bought mine at Hendricks and took about 15 minutes for them to agree to my price. I cannot comment on their service department though. 3500 Miles and well, nothings gone wrong. No rattles, nothing.

As far as auto vs manual, one big advantage of a manual , less likely to get stolen. Typical car thief can't drive a manual
 
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Old Mar 23, 2011 | 11:58 AM
  #55  
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Originally Posted by MINIdave
Isn't there a dealer in Asheville? I know there's a BMW dealer right there near the airport...

(My daughter lives in H'ville. Small world!)

You guys are dreaming if you think waving a check in their face has any value - if the salemanager could make the deal he would have. Obviously, the problem is the trade in, old coot thinks it's worth a lot more than the dealer does. You could try taking the trade out of the deal and selling it yourself, or take it around to the Suzuki dealer and asking them what they'd buy it for outright - not as a trade in - that will tell you what the real value of the car is.

Here's the thing tho folks, Edmunds does not buy and sell cars, neither does KBB or NADA or any other of the reporting services, they simply take an average of auction sales results, and there may not be enough sales of a particular car to get an really accurate idea of it's value. Quoting one of these guys as the true arbiter of value is a waste of time, all they are is an snapshot indicator of the trend.....as a 30 year sales manager for high end European cars store I used to jokingly say when someone told me Kelly Blue Book said their car was worth $XXX, "fine, go sell it to them."

On top of that, the value of a trade in does not go up over time - it only goes down. Your trade will not be worth more in a couple of months....

Like I said, if you really want to know what your car is worth, take it to the Suxuki dealer and ask them to buy it straight up, then go negotiate with the MINI dealer. As to $2K off, maybe on a leftover 2010, doubtful on a new 2011.
Yeah, I understand the problem between real trade-in value and online quotes. But we need something to base our deal on, and that's what many of us use nowadays.

I wanted to buy a BMW motorcycle several months ago, and ended up buying a great Suzuki instead. One simple reason: the attitudes of the BMW sales managers. (If the sales manager is that bad, what will the service manager be like after the sale? -- I don't want to find out.)
 
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Old Mar 23, 2011 | 12:14 PM
  #56  
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asindc
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Originally Posted by MINIdave
Isn't there a dealer in Asheville? I know there's a BMW dealer right there near the airport...

(My daughter lives in H'ville. Small world!)

You guys are dreaming if you think waving a check in their face has any value - if the salemanager could make the deal he would have. Obviously, the problem is the trade in, old coot thinks it's worth a lot more than the dealer does. You could try taking the trade out of the deal and selling it yourself, or take it around to the Suzuki dealer and asking them what they'd buy it for outright - not as a trade in - that will tell you what the real value of the car is.

Here's the thing tho folks, Edmunds does not buy and sell cars, neither does KBB or NADA or any other of the reporting services, they simply take an average of auction sales results, and there may not be enough sales of a particular car to get an really accurate idea of it's value. Quoting one of these guys as the true arbiter of value is a waste of time, all they are is an snapshot indicator of the trend.....as a 30 year sales manager for high end European cars store I used to jokingly say when someone told me Kelly Blue Book said their car was worth $XXX, "fine, go sell it to them."

On top of that, the value of a trade in does not go up over time - it only goes down. Your trade will not be worth more in a couple of months....

Like I said, if you really want to know what your car is worth, take it to the Suxuki dealer and ask them to buy it straight up, then go negotiate with the MINI dealer. As to $2K off, maybe on a leftover 2010, doubtful on a new 2011.
While I don't dispute the rest of your post, I do dispute the part bolded above. Maybe because I recently received a ridiculously low offer (thousands lower than Carmax) for my recently sold 2003 M3, and maybe because my Dad sold cars for close to 20 years and I have had several glimpses of how dealerships handle buying cars from private individuals or taking them as trade-ins, I'm not inclined to agree that what a dealer will pay for a particular car is a good indicator of what its worth. Nothing I've witnessed or experienced supports that statement.
 
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Old Mar 23, 2011 | 12:53 PM
  #57  
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Well, once again - I was in the biz for 30 years. Glimpses are one thing, I lived it 7 days a week, 18 hours a day and I worked both the new and used sides of the aisle during that time. The first place I called for a trade value on a car we didn't sell was the closest dealer for that brand. My thinking is they know more about the value of their car than anyone else. Doesn't mean I couldn't or didn't get higher quotes from a wholesaler if he had a place to go with a particular car. More times than not, the dealer was the high buyer on a car tho....

Likewise, if someone wanted to know what a Porsche, Jaguar, Land Rover, Audi or a number of other cars that we handled was worth, we got the first call.

I think what you're saying is that Car Max offered you more for your car than the MINI dealer did? Entirely possible, and in fact taking the Suzuki to Car Max and getting a wholesale price from them might be a good idea too. Bottom line, you now know what your car is worth in hard money. You can then work your deal from there. My experience with Car Max was different, I took a clean no excuses '03 Cooper S JCW to them and got offered $6k less than what I ultimately sold it for a year later. (I decided if that's all it's worth I'd just keep it) others have done better, I know a few who have, but the only way to find out is to do the legwork.

There are no real secrets in the car bidness. Cost for anything can be found easily online - but that only tells part of the story. Like I said, any car is worth what someone will pay for it, no more. True of the new car as well as the trade in.
 
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Old Mar 23, 2011 | 01:52 PM
  #58  
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buckland
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Hey OldCoot, just how old a coot are you? I'll be 62 this year and this is my first MINI. I'm as excited as I was when I first thought I was going to get laid!

Buck
 
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Old Mar 23, 2011 | 01:53 PM
  #59  
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Originally Posted by buckland
Hey OldCoot, just how old a coot are you? I'll be 62 this year and this is my first MINI. I'm as excited as I was when I first thought I was going to get laid!

Buck
Don't leave us in suspense; did it ever happen???
 
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Old Mar 23, 2011 | 01:55 PM
  #60  
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Naw I'm not sure which one of us chickened out first. I did a lot of reading though, you know, Playboy, Hustler, etc. Picked up a lot of tips. Finally, when I was 17 I got lucky. I've had a blessed life ever since.

Buck
 
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Old Mar 23, 2011 | 01:58 PM
  #61  
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asindc
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Originally Posted by MINIdave
Well, once again - I was in the biz for 30 years. Glimpses are one thing, I lived it 7 days a week, 18 hours a day and I worked both the new and used sides of the aisle during that time. The first place I called for a trade value on a car we didn't sell was the closest dealer for that brand. My thinking is they know more about the value of their car than anyone else. Doesn't mean I couldn't or didn't get higher quotes from a wholesaler if he had a place to go with a particular car. More times than not, the dealer was the high buyer on a car tho....

Likewise, if someone wanted to know what a Porsche, Jaguar, Land Rover, Audi or a number of other cars that we handled was worth, we got the first call.

I think what you're saying is that Car Max offered you more for your car than the MINI dealer did? Entirely possible, and in fact taking the Suzuki to Car Max and getting a wholesale price from them might be a good idea too. Bottom line, you now know what your car is worth in hard money. You can then work your deal from there. My experience with Car Max was different, I took a clean no excuses '03 Cooper S JCW to them and got offered $6k less than what I ultimately sold it for a year later. (I decided if that's all it's worth I'd just keep it) others have done better, I know a few who have, but the only way to find out is to do the legwork.

There are no real secrets in the car bidness. Cost for anything can be found easily online - but that only tells part of the story. Like I said, any car is worth what someone will pay for it, no more. True of the new car as well as the trade in.
Points taken. What I'm saying, though, is that the MINI offer was no where close to what anyone would expect to pay for the car. It was so low that I asked the MA if they were really interested in a trade-in at all. He seemed embarassed to present it to me. Don't get me wrong, I've concluded that their quote is an outlier they felt compelled to present, for whatever reason. My general point stands, however. I think it is prudent for anyone who is looking to sell his car to not accept a dealer's offer as a good indicator of what the car is worth. That does not mean I think a dealer's offer cannot be fair (in my case, it clearly was not fair to me) or that accepting a dealer's offer is not wise, just that the private market tends to indicate the true worth of a car better.
 
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Old Mar 24, 2011 | 05:14 PM
  #62  
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Extensively Experienced

As a fellow extensively experienced driver Id have to say that after owning a Suzuki you'll love any Mini ! Your son may be right about the S, it does have a lot more umph and in combo with the handling makes the car a hoot! There are pluses and minuses to both the last generation Mini and the current Mini. The older Mini doesn't have the clown speedometer and the seats are a bit better than on the new Mini. I prefer the old supercharged engine to the new turbo engine because I HATE turbo lag and I think it has a nicer sound. On the other hand, Minis are expensive to repair and a newer Mini won't need as many repairs. The turbo engine is simpler than the supercharged engine - less parts, less problems. Getrag manual transmissions have a justifiably bad name - newer is better. The auto transmissions seem to hold up well. The biggest challenge with used Minis is finding one that someone didn't drive the snot out of. Its a performance machine and people tend to drive em hard. You should get the engine checked on a used Mini even if it has only 40K miles on it. Good luck on your search!
 
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Old Mar 24, 2011 | 05:32 PM
  #63  
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I have to agree with the posts about mini dealers not dealing. They don't need to so why should they? They have a product lots of peole want so they don't discount it at all. They also tend to give lousy trade in prices. I took a mint 2005 BMWz04 to the dealer as a trade in and he quoted me the lowest price from KBB and never even looked at the cars condition even though it was sitting outside his show room. I was more than a bit annoyed! Unfortunately he is the only dealer within 50 miles.
 
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Old Mar 24, 2011 | 06:13 PM
  #64  
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Originally Posted by MINIdave
I

Here's the thing tho folks, Edmunds does not buy and sell cars, neither does KBB or NADA or any other of the reporting services, they simply take an average of auction sales results, and there may not be enough sales of a particular car to get an really accurate idea of it's value. Quoting one of these guys as the true arbiter of value is a waste of time, all they are is an snapshot indicator of the trend.....as a 30 year sales manager for high end European cars store I used to jokingly say when someone told me Kelly Blue Book said their car was worth $XXX, "fine, go sell it to them."
I understand this and realize that market value in the region plays a big role. What drives me nuts though is when I'm working a deal out on a used car with a dealer and they keep telling me that I'm getting a great deal because they're selling it a little bit lower than NADA. BUT when I'm trying to get money out of my trade-in they always have their excuse why NADA is unreliable.
 
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Old Mar 24, 2011 | 09:20 PM
  #65  
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Yep......I've seen it and heard it too.

Everybody plays the game. When I was managing a Porsche+Audi store, I had a customer come in and tell me that he would pay this $ amount and not a penny more for that car right there. I went into the office to check the cost, came back and shook his hand and said he had a deal. Know what? he was pissed off! I gave him exactly what he insisted on and he was convinced that he could have gotten it cheaper! Wouldn't have mattered if I'd sold it to him for $1000 under cost, he was convinced he left money on the table.....

You can't win!

If you don't like the trade offer, you can always sell the car yourself. That way you'll maximize your value.

Then if you pay sticker for the car, everybody's happy, right?

Nope.

Nobody's happy. Everybody out there is convinced someone else got a better deal.

Now you know why I'm not in the car bidness anymore.......
 
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Old Mar 25, 2011 | 03:11 AM
  #66  
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When I was in sales I always sold at the price things were. I did not give anyone a discount - the price is the price. I didn't want my customers to discover that one guy got a better deal than the next guy. I even sold to family at the full cost. Besides, my commissions were based on the selling price and it cost ME money to give someone I didn't even know a "deal".

Buck
 
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Old Mar 25, 2011 | 04:29 AM
  #67  
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Originally Posted by buckland
When I was in sales I always sold at the price things were. I did not give anyone a discount - the price is the price. I didn't want my customers to discover that one guy got a better deal than the next guy. I even sold to family at the full cost. Besides, my commissions were based on the selling price and it cost ME money to give someone I didn't even know a "deal".

Buck
What were you selling?
 
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Old Mar 25, 2011 | 05:45 AM
  #68  
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I bought my 05 Cooper new. Drove an S and then a Cooper, and bought a Cooper. Ordered it just the way I wanted it. Ive never had a car this long and still loved it like I do this one.

I dont like automatics, and I dont like the R56s.

But, our opionions are just that - opinions. Like so many others, I will say drive them for yourself.

If you want a first gen R50, then go with an 05 or 06 to avoid the Midlands manual trans which is significantly inferior to the later Getrag.
 
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Old Mar 25, 2011 | 07:00 AM
  #69  
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Tough sell

Originally Posted by OldCoot
What were you selling?
I sold a lot of things in my time. Office supplies, dictating equipment, vacuum cleaners, very expensive lighting. I have to admit that my boss forced me to discount the office supplies, and the company had a program in place for the expensive lights, and when I sold the vacuums I was really green and gave away my whole commission a couple times, but that hardened me so that when I started selling centralized dictating systems and accessories, I did so without discounting a penny. I was tired of losing money just because the company or bosses were afraid to lose a sale because of price. My biggest bonus to my customers was ME! If they went to the competition because of price, they would lose me. Some did go for price and several of those came back to me because I provided service for their dollar and realized the value in paying full price. Of course I had to make good on my promises to them, but I wouldn't make promises I couldn't keep.

Buck
 
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