GP Talk (2006) Discussion of the limited edition, MINI Cooper S (R53)-based, John Cooper Works GP.

GP Pricing

Thread Tools
 
Search this Thread
 
  #1  
Old 11-15-2011, 01:39 PM
RCCAR's Avatar
RCCAR
RCCAR is offline
1st Gear
Thread Starter
Join Date: Feb 2010
Location: North Las Vegas, NV
Posts: 32
Likes: 0
Received 2 Likes on 1 Post
GP Pricing

1,770 miles for $30k? Should I pick it up? Yes, no, maybe?
 
  #2  
Old 11-15-2011, 01:51 PM
ballandchain's Avatar
ballandchain
ballandchain is offline
4th Gear
Join Date: Nov 2009
Location: Richmond, Va
Posts: 455
Likes: 0
Received 0 Likes on 0 Posts
Seems to be pretty low miles but the Dealer here has/had one with 24k miles on it for $17k. $30k seems a little steep to me.....
 
  #3  
Old 11-15-2011, 02:10 PM
Boosted_Mini's Avatar
Boosted_Mini
Boosted_Mini is offline
5th Gear
Join Date: Feb 2011
Location: Long Beach, CA
Posts: 712
Likes: 0
Received 7 Likes on 2 Posts
$30k you can buy a brand new mini haha.
 
  #4  
Old 11-15-2011, 02:19 PM
minsanity's Avatar
minsanity
minsanity is offline
6th Gear
Join Date: Aug 2009
Posts: 1,500
Received 21 Likes on 19 Posts
But it's practically a brand new GP!Well, almost. If I were looking for a new car, I'd go for it!
 
  #5  
Old 11-15-2011, 02:30 PM
RCCAR's Avatar
RCCAR
RCCAR is offline
1st Gear
Thread Starter
Join Date: Feb 2010
Location: North Las Vegas, NV
Posts: 32
Likes: 0
Received 2 Likes on 1 Post
It's a private party, so there wouldn't be sales tax on top of the $30k.
 
  #6  
Old 11-15-2011, 02:38 PM
ThumperMCS's Avatar
ThumperMCS
ThumperMCS is offline
6th Gear
iTrader: (2)
Join Date: Feb 2006
Location: OC, CA
Posts: 3,582
Received 19 Likes on 14 Posts
That mileage is awesome, but $30k is a little out of line I think.

GP prices have come down a bit over the past year. I'd offer them less....$28k tops. I paid $24k for mine with 35k miles...a little higher in price than some I've seen, but it was clean and it was a "I have to have it" kinda thing. Plan on keeping it forever, so price paid was irrelevant to an extent.

Thing about the GP, people can pretty much offer them for sale at whatever price they choose. The closest car's market value they can use to appraise it is a normal JCW. But with only 415 here in the US....(probably closer to 400 now with some being wrecked and such), it has an exclusive collectibility factor to it. Some people will say, so what...its just a MINI, but to the niche that it caters to, it has a high level of collectibility. Promise you, that years down the road, you will see low mile GP's pop up at auctions and go for pretty decent money. As soon as it's paid off, I'm getting another car for a daily and the GP will be my toy-only car.

What do you plan on using it for.....Do you plan on keeping it forever? Driving it daily? Tracking it? The answer to those questions will dictate whether it is worth $30k.
 
  #7  
Old 11-15-2011, 02:41 PM
RCCAR's Avatar
RCCAR
RCCAR is offline
1st Gear
Thread Starter
Join Date: Feb 2010
Location: North Las Vegas, NV
Posts: 32
Likes: 0
Received 2 Likes on 1 Post
Daily driver during hot months, trips to CA, UT, AZ, etc.
 
  #8  
Old 11-15-2011, 03:02 PM
miniinhd's Avatar
miniinhd
miniinhd is offline
2nd Gear
Join Date: Apr 2010
Posts: 80
Likes: 0
Received 0 Likes on 0 Posts
mcs 2008

seems high if it was a jcw then i would say jump on it 1 yr. ago i bought a 2008 mcs for 17000.00 had 27500 miles on it if i was you i would keep looking miniinhd good luck
 
  #9  
Old 11-15-2011, 03:07 PM
Boosted_Mini's Avatar
Boosted_Mini
Boosted_Mini is offline
5th Gear
Join Date: Feb 2011
Location: Long Beach, CA
Posts: 712
Likes: 0
Received 7 Likes on 2 Posts
GP vs JCW vs MCS - cant really compare them.

i personally would get the R56 JCW over the GP. But you have die hards who feel their cars are going to be sought after collectors items like an E30 M3 is.

guess we will see..
 
  #10  
Old 11-15-2011, 04:00 PM
ThumperMCS's Avatar
ThumperMCS
ThumperMCS is offline
6th Gear
iTrader: (2)
Join Date: Feb 2006
Location: OC, CA
Posts: 3,582
Received 19 Likes on 14 Posts
Originally Posted by Boosted_Mini
But you have die hards who feel their cars are going to be sought after collectors items like an E30 M3 is.

guess we will see..
True collectibility of any vehicle is debateable and really is all in the eye of the beholder. Read FerrariChat.com sometime and you'll see those guys bickering back and forth all day long about whether or not their F-Cars are gonna be worth something one day. One thing is for sure when assessing collectibility and that is production numbers.

With approx 16,000 E30 M3's made...I would not say its a "collectors item." It is however, an important piece of M-car history, and original, low mile, clean E30 M's go for a ton of money. But also, you can find ones that were actually used and might need a little TLC...for cheeeeaap.

The GP has all the makings of a sought after collectors piece...maybe not now, but in the future. Low production numbers for a "mass produced" vehicle (2,000 individually numbered cars...for comparison, Ferrari produced roughly 1,400 F40's...and I don't think we need to discuss how rare those are, and no I'm not comparing the GP to a Ferrari...just putting things into perspective). Assembled in Italy by Bertone. Highest output motor from the factory of any MINI. All the other GP-only bits that are on the car...its not just a JCW with a wing on it.

But then again, I am a diehard MINI lover (this being my 3rd one) and I always said I would own a GP and once I had one I'm keeping it forever. Most of the GP owners share the same sentiment and therefore the prices of GP's can get inflated. You have a relatively small group of owners who think their cars are special.....then guess what, they are special and the prices they go for will reflect that.
 
  #11  
Old 11-15-2011, 04:06 PM
Boosted_Mini's Avatar
Boosted_Mini
Boosted_Mini is offline
5th Gear
Join Date: Feb 2011
Location: Long Beach, CA
Posts: 712
Likes: 0
Received 7 Likes on 2 Posts
Originally Posted by ThumperMCS
True collectibility of any vehicle is debateable and really is all in the eye of the beholder. Read FerrariChat.com sometime and you'll see those guys bickering back and forth all day long about whether or not their F-Cars are gonna be worth something one day. One thing is for sure when assessing collectibility and that is production numbers.

With approx 16,000 E30 M3's made...I would not say its a "collectors item." It is however, an important piece of M-car history, and original, low mile, clean E30 M's go for a ton of money. But also, you can find ones that were actually used and might need a little TLC...for cheeeeaap.

The GP has all the makings of a sought after collectors piece...maybe not now, but in the future. Low production numbers for a "mass produced" vehicle (2,000 individually numbered cars...for comparison, Ferrari produced roughly 1,400 F40's...and I don't think we need to discuss how rare those are, and no I'm not comparing the GP to a Ferrari...just putting things into perspective). Assembled in Italy by Bertone. Highest output motor from the factory of any MINI. All the other GP-only bits that are on the car...its not just a JCW with a wing on it.
Guess I should have went more rare.. like a 2002tii, those go for good money in great shape.

I believe the JCW will dyno higher stock for stock of a GP but correct me if I am wrong on that. If not, the JCW has a lot of play room with just a few bolt ons and a tune but i know you all ready know this.

Clean E30 M3s are hard to find and definitely sell for good amounts of money. I rarely see them for under $12k let alone I see alot sell for $20k, where as its E30 counterparts go from 500-3000 generally speaking.

Like you said its all in the eye of the beholder and if people are willing to pay those prices then more power to them, maybe one day I will find a car that moves me in a way that I would want to do something like that. Until then, I will just enjoy my R56 MCS just how it is haha.

I have read all the GP only parts it has and such and for some reason I am drawn to the R56 JCW, probably because of the turbo, brembos and a few other things.

But everyone likes different things.
 
  #12  
Old 11-15-2011, 04:16 PM
Flynscot0256's Avatar
Flynscot0256
Flynscot0256 is offline
4th Gear
iTrader: (2)
Join Date: Mar 2009
Posts: 302
Received 5 Likes on 4 Posts
what number is it?
 
  #13  
Old 11-15-2011, 05:03 PM
gp89's Avatar
gp89
gp89 is offline
2nd Gear
Join Date: Nov 2011
Location: Tennessee
Posts: 83
Likes: 0
Received 0 Likes on 0 Posts
Just paid $21k for my extremely well taken care of #89 with 48,888 miles... if it helps...
 
  #14  
Old 11-15-2011, 05:16 PM
-=gRaY rAvEn=-'s Avatar
-=gRaY rAvEn=-
-=gRaY rAvEn=- is offline
Moderator
iTrader: (43)
Join Date: Aug 2008
Location: Cape of Cod
Posts: 5,809
Received 64 Likes on 54 Posts
I dunno. This particular brand of car like a few others can deteriorate just as quick from the "lack" of use.........Except for the 350 miles a year it was sitting around most of it's life.

That said, to me it actually takes away from the value of the car. I would look for one with around 25-30K miles minimum and a lower asking price.

My 2 cents.
 
  #15  
Old 11-15-2011, 06:02 PM
ZippyNH's Avatar
ZippyNH
ZippyNH is offline
6th Gear
iTrader: (1)
Join Date: Sep 2009
Location: Southern NH
Posts: 12,605
Likes: 0
Received 32 Likes on 32 Posts
Condition will tell you lots....far beyond the miles...
If it was ALL TRACK MILES.....the low miles might not be a good thing...
If it was stored, never matained...then driven a bit and sold....might not be good...
But if a person bought it as an investment, drove it weekends a bit, stored it for winter...might be a near perfect car...just depends what you want to spend...low # too....
 
  #16  
Old 11-15-2011, 06:15 PM
anitan1's Avatar
anitan1
anitan1 is offline
3rd Gear
iTrader: (1)
Join Date: Nov 2009
Location: Warsaw, IN
Posts: 260
Likes: 0
Received 0 Likes on 0 Posts
It's for sale by owner in Texas. VIN #WMWRE93586YB72128
The GP Number isn't posted...
The car appears flawless to me, but that's based on about 10 pictures.
See for yourself:

CLICK ME

AutoTrader Car ID = AT-12758F54
 
  #17  
Old 11-15-2011, 06:25 PM
ballandchain's Avatar
ballandchain
ballandchain is offline
4th Gear
Join Date: Nov 2009
Location: Richmond, Va
Posts: 455
Likes: 0
Received 0 Likes on 0 Posts
Thats the same the op is talking about. Unless there is 2 GP's with 1,770 miles for 30k for sale at the same time.....
 
  #18  
Old 11-15-2011, 06:59 PM
gp89's Avatar
gp89
gp89 is offline
2nd Gear
Join Date: Nov 2011
Location: Tennessee
Posts: 83
Likes: 0
Received 0 Likes on 0 Posts
What's up with the seats? Owner changed them from stock GP maybe?
 
  #19  
Old 11-15-2011, 07:02 PM
ballandchain's Avatar
ballandchain
ballandchain is offline
4th Gear
Join Date: Nov 2009
Location: Richmond, Va
Posts: 455
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by gp89
What's up with the seats? Owner changed them from stock GP maybe?
It says "seat covers have been on since day 1" in the description of the car.....
 
  #20  
Old 11-15-2011, 07:03 PM
gp89's Avatar
gp89
gp89 is offline
2nd Gear
Join Date: Nov 2011
Location: Tennessee
Posts: 83
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by ballandchain
It says "seat covers have been on since day 1" in the description of the car.....
HA! I FAIL at reading....
 
  #21  
Old 11-15-2011, 07:59 PM
ThumperMCS's Avatar
ThumperMCS
ThumperMCS is offline
6th Gear
iTrader: (2)
Join Date: Feb 2006
Location: OC, CA
Posts: 3,582
Received 19 Likes on 14 Posts
"Never driven in the rain"

Lol....as it sits outside covered in rain in the photos.
 
  #22  
Old 11-15-2011, 08:01 PM
gp89's Avatar
gp89
gp89 is offline
2nd Gear
Join Date: Nov 2011
Location: Tennessee
Posts: 83
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by ThumperMCS
"Never driven in the rain"

Lol....as it sits outside covered in rain in the photos.
The same thought came to mind.... But it is "sitting" in the photo... guess it's not false advertising. haha
 
  #23  
Old 11-15-2011, 08:10 PM
veggivet's Avatar
veggivet
veggivet is offline
6th Gear
iTrader: (8)
Join Date: Oct 2003
Location: Northeast
Posts: 2,646
Received 110 Likes on 95 Posts
I would agree that the very low mileage on this car is actually a detriment to its value.
 
  #24  
Old 11-15-2011, 08:21 PM
MINIxB's Avatar
MINIxB
MINIxB is offline
6th Gear
Join Date: Jan 2007
Location: Kansas City, MO
Posts: 6,774
Received 0 Likes on 0 Posts
What's the point in having a car like that if you aren't going to drive it.
 
  #25  
Old 11-15-2011, 08:29 PM
veggivet's Avatar
veggivet
veggivet is offline
6th Gear
iTrader: (8)
Join Date: Oct 2003
Location: Northeast
Posts: 2,646
Received 110 Likes on 95 Posts
I remember some talk about people buying these just to hold on to them for resale a few years later. Wonder if this is one of those guys...

I have a low mileage 2002 R53, with 35k on it, but this GP has had less than 10 fillups in 5 years. Not a garage queen, but a garage king.
 


Quick Reply: GP Pricing



All times are GMT -7. The time now is 07:24 PM.