R50/R53 :: Hatch Talk (2002-2006) Cooper (R50) and Cooper S (R53) hatchback discussion.

R50/53 How to determine the value of my car.

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Old Jan 16, 2014 | 02:20 PM
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recordsmith's Avatar
recordsmith
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How to determine the value of my car.

Hey everyone,

I am sorry of this is not in the right forum. How do I determine the value of my car? Normally I would just let the dealer take it. But I have been told by the mini dealership that the R53 is in demand and I should sell it myself. Its a 2004 Black R53 (156000 miles) fully loaded with leather, JCW alcantara wheel and a fully painted JCW kit. It is lightly modded with pully, JCW CAI, short shifter and DT Bypass Valve. I can post picks etc. However, if I could just get a resource to begin research it would help.

Thoughts? Thanks for the help in advance.

Jon
 
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Old Jan 16, 2014 | 02:36 PM
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bavmotors
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From: Near Buffalo NY
With that many miles and assuming a clean car fax. Dealer cost would probably be around 5500 if it was real clean.
Realistically more like 4000-4500 sold privately.
I base this on the prices when I was looking for mine 6 months ago.
 
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Old Jan 16, 2014 | 04:10 PM
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turbofun
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Nadaguides.com
kbb.com
edmunds.com

reference point - my bank, USAA, has some useful tools as well for members as well as a car buying and selling service so maybe other banks too.

your mods will be more difficult to value, but its at least a starting reference point
 
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Old Jan 16, 2014 | 04:30 PM
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ZippyNH
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From: Southern NH
Location can make a difference too...
So IMO use the listed tools....
and that gets you a rough estimate....
then add/subtract based up the "local" market, and how fast you want to sell it...
 
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Old Jan 16, 2014 | 09:00 PM
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Thanks! Lots of help.

Jon
 
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