Estimate for sale price please?

 
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Old Jul 28, 2007 | 09:04 PM
  #1  
Jeremy1026's Avatar
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Estimate for sale price please?

I have a 2003 MINI Cooper, BRG/W that will probably be for sale shortly . It has 61xxx miles on it. The paint is in good shape (some chips in the front bumper, and one in the bonnet.) Sport Package.
 
Old Jul 29, 2007 | 04:15 AM
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Play the edmunds game
http://www.edmunds.com/used/2003/min...tion=vdpresult
in my area, it says $11,900

You are going to get another Mini, right?
 
Old Jul 29, 2007 | 05:17 AM
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Originally Posted by Jeremy1026
I have a 2003 MINI Cooper, BRG/W that will probably be for sale shortly . It has 61xxx miles on it. The paint is in good shape (some chips in the front bumper, and one in the bonnet.) Sport Package.
Dont mess around with silly online price guidelines ... they mean absolutely nothing

Go to galves.com, pay the small fee, and find the going wholesale auction prices for this area. Then if your going to sell privately, add a bit to the price.
 
Old Jul 29, 2007 | 07:32 AM
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Originally Posted by davavd
Play the edmunds game
http://www.edmunds.com/used/2003/min...tion=vdpresult
in my area, it says $11,900

You are going to get another Mini, right?
In the future, yes...(atleast a 2 year wait) so my insurance can drop. Until then a beater.
 
Old Jul 29, 2007 | 09:23 AM
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Don't pay a fee to find out what to ask for your car. See what they are asking on AutoTrader. Here it is in my area.
http://www.autotrader.com/fyc/search...=&keywordsfyc=
 
Old Jul 29, 2007 | 09:26 AM
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Originally Posted by davavd
Don't pay a fee to find out what to ask for your car. See what they are asking on AutoTrader. Here it is in my area.
http://www.autotrader.com/fyc/search...=&keywordsfyc=
Asking prices mean nothing. The only thing that matters is actual sales. Guidelines mean nothing on trades. The ONLY thing that matters is the actual wholesale prices in the region you live in but hey ... whatever. Go by the asking prices and go by the internet "guidelines"

good luck
 
Old Jul 29, 2007 | 09:55 AM
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Also, look at the "Completed Items" listings on eBay. Don't consider the auctions that didn't get any bids, because the price you'll see will just be the starting price that the seller was asking for, which is useless, as Chows pointed out.

But *do* consider the auctions that had bids on them, but didn't meet the seller's reserve price. The bids at least show what people were willing to pay, even though the bidding didn't meet the seller's idea of what he thought the car was worth.

There are over a dozen 2003 Coopers in the "completed auctions" list right now that actually had bids on them, and for most of them, the bidding went up to the vicinity of $10k or so, so that's probably a fair value to start with.

Interestingly, "Silk Green" and "Velvet Red" seemed to command a pretty good premium over the more-common colours. There was a VR that sold for 15,700, and a Silk Green that went for 14,700, although the fact that they only had 20-30k miles on them probably helped as well.
 
 
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