Value this JCW, please
#1
Value this JCW, please
Hope this isn't against forum rules. I'm contemplating selling my wife's 2005 JCW. Everything was installed at the dealer when the car was new. The car is electric blue with white top (sunroof) and only has 24,000 miles. It is completely original with black/blue leatherette interior. The car has been her "nice weather" car and has never been driven in snow or salt or even rain. Always in a garage when not being driven. The only time it gets wet is when I hand wash it (its never been to a car wash, either). Never left out in the sun for hours at any time in its life. This car has the dealer-installed JCW kit from before you were able order them from the factory and I have the certificate of authenticity. Also the JCW lowering springs. Still has the original tires with lots of tread left. This is about as close to a like-new 2005 JCW car as you can find, I think. This Mini is 100% factory original with no aftermarket add-ons or doo dads. No climate control--- didn't want the extra weight and complexity. This is the kind of car I would love to find if I were looking for a used JCW. I don't think you'll find one that's received more pampering.
But I'm having a hard time ascertaining a value since JCWs are unusual to begin with (especially here in the Midwest) but pampered, lady-driven, 12 year old JCWs with only 24k miles are extremely rare, in my experience. Can anyone offer advice about how to value this car? Or where to potentially market it?
Thanks!
But I'm having a hard time ascertaining a value since JCWs are unusual to begin with (especially here in the Midwest) but pampered, lady-driven, 12 year old JCWs with only 24k miles are extremely rare, in my experience. Can anyone offer advice about how to value this car? Or where to potentially market it?
Thanks!
#2
There is a classified section here called the Marketplace, would put qualified buyers eyeballs on it instead of tire kickers. Start with Blue book or Black book values and add in the JCW premium. Some people are unrealistic in price and the market will let you know by not getting any offers.
I'd be interested if VW clears up its buyback deal next week. It would freak my wife out as her new mini on the way is the same color combo, blue\white. GL with sale.
I'd be interested if VW clears up its buyback deal next week. It would freak my wife out as her new mini on the way is the same color combo, blue\white. GL with sale.
#3
I'm not sure about the value, but you can definitely add a premium to any valuation from KBB, Edmunds, etc., on top of a JCW premium. The MINI is an enthusiasts car and the '05 and '06 are preferred when looking for a 1st generation. If you're not in a rush to sell the car, someone will pay the extra money for the low miles and condition. For any potential buyer that tells you otherwise, there are plenty of other lower condition cars out there for them.
#4
I am going to disagree with the majority here. It's just a car with low miles. And it is 12 years old. (I've owned a Justa, a JCW and a S. Selling my JCW was a pain. No one appreciated the JCW options or the aftermarket mods and tunes. I sold my Justa more easily.)
MINI dealers don't want that car on their lot. It distracts from the F56 line. Carmax doesn't normally sell cars of that age, but might make an exception with the low miles.
The point is you can use most any of the available pricing resources for an "S" of that caliber and then tack on a reasonable premium for the JCW kit.
Good Luck.
MINI dealers don't want that car on their lot. It distracts from the F56 line. Carmax doesn't normally sell cars of that age, but might make an exception with the low miles.
The point is you can use most any of the available pricing resources for an "S" of that caliber and then tack on a reasonable premium for the JCW kit.
Good Luck.
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I paid $9000 for an fJCW with 64k and a few minor issues in the NW. I considered it a good deal.
With those low miles, you might consider bringatrailer. My vehicle broker found a couple R53s in showroom condition there while I was looking for mine. They seem to cater to rare or unusually good condition older cars.
With those low miles, you might consider bringatrailer. My vehicle broker found a couple R53s in showroom condition there while I was looking for mine. They seem to cater to rare or unusually good condition older cars.
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Wasnt there a real nice maxed out gen 1 limited edition recently for 12500
https://www.northamericanmotoring.co...-for-sale.html
https://www.northamericanmotoring.co...-for-sale.html
#19
Yes there may be somebody out there willing to pay premium money for a car but connecting you the seller to that type of buyer just does not happen that much.
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I buy and sell Mini Coopers all the time. The chances of finding someone willing to pay that much for an old car, is really not realistic, especially when the person could put a healthy down payment on a new one with no miles JCW car and have a fairly low payment on it.
It will take some kind of addict, with a wallet and no desire to buy a new and re-sellable car. It is not like these have appreciated to a level that commands these dollars.
I buy cars like this for under $4K (dealer auctions) and I only get a few $K over that at most (after I bring them up to a decent level). I have customers all the time, buying Minis and used car buyers most often want more and want to give you less. Private sellers usually have a reason to sell a car and that is your only real advantage.
With the low miles, it is better than average, but still not that much better, as most addicts would tear them apart to make them special for them, therefore the low miles is not the charm for them.
It will take some kind of addict, with a wallet and no desire to buy a new and re-sellable car. It is not like these have appreciated to a level that commands these dollars.
I buy cars like this for under $4K (dealer auctions) and I only get a few $K over that at most (after I bring them up to a decent level). I have customers all the time, buying Minis and used car buyers most often want more and want to give you less. Private sellers usually have a reason to sell a car and that is your only real advantage.
With the low miles, it is better than average, but still not that much better, as most addicts would tear them apart to make them special for them, therefore the low miles is not the charm for them.
Last edited by ItsmeWayne; 02-18-2017 at 02:50 PM.
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" ...its not like a GP is a Ford GT"
However, there are more than 10 times more Ford GT's in the U.S. than 2006 MINI GP's. Yes, the Ford GT is much faster, better looking and more than 10 times more expensive...but how many of us can afford one? Even the insurance and taxes would be astronomical.
However, there are more than 10 times more Ford GT's in the U.S. than 2006 MINI GP's. Yes, the Ford GT is much faster, better looking and more than 10 times more expensive...but how many of us can afford one? Even the insurance and taxes would be astronomical.
#24
For me BMW just did not do enough to make the GP special with the minimal HP boost that they gave the car. When they came out with the BMW 1M they increased the HP by a little over 10% (335 1M vs 300 for the 135i)). The point of this thread reposting was people overpaying for a car.
I have the money but I am not going to pay $20k for a GP. I want to drive my car, not park it in a garage and hope for the price to go up.
I have the money but I am not going to pay $20k for a GP. I want to drive my car, not park it in a garage and hope for the price to go up.
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