See it here: http://homepage.mac.com/android356/PhotoAlbum48.html $31K

To answer a few questions:
1. No I won't part it out the trick stuff.
2. Maybe I'm crazy on the price, but to do it you know what it cost to get something like this put together.
3. No it hasnt gone over 10k miles yet. JUST WENT OVER TO 10070 - JUST HAD 10K SERVICE DONE AT BRECHT MINI
4. I might take a partial trade for it.
5. I do have a new car coming, but no rush to sell it.
6. What ever!
7. Yes I'll miss it.
8. If it doesnt sell, maybe I'll just keep it and not regret selling it.

 

crazy on the price? looks price-less

 

The price is $32,000, its in the link.

 

Opps! your right it is priceless!

 

Good luck, that's a nice looking Mini ! Price is very reasonable considering all the mods. I paid 32k for my stock JCW without all of your goodies!

 

Bump: Plus I would trade for a '73 RS Clone if anybody has a decent one. Seen a few, but most are just posers.

 

I'll bet you have a tough time getting that when that's what a new JCW costs that someone can build exactly the way they want and have it be a 2006. Good Luck anyway, let us know what you eventually did with it. Better structure your finances to keep it.

 

Ditto. I too wish you the best of luck getting it. But I would be prepared to keep it too.

 

Peanut gallery -> Why put a 16% pulley on to replace a 14.8% pulley?

 

I agree it's worth the money, and agree it may be a challenge to get it sold for that price if you sell to a buyer that finances the car without significant down payment. LTV on the car based on a bank's values range for an 04 S (they often ignore the Works as it's not a check box in your model selection options) is roughly 10K less. But make no mistake, the car is worth it.

Heck, I'm considering it myself, as a second MINI in the family. I really want an 06 though, and planned to do the same things to it, mostly.

 

oooo thats nice...

I'm starting to miss my mini =/

 

Well, everybody is right. I know its a bit overpriced, how much, I dont know until somebody makes a run at it.
For some of us its a fourth or fifth car in the stable (for me #7) so it relegated to be driven for fun and sits around a bunch.
I admit openly "Hello, my name is Andy and I'm a car *****" that I have a problem, unfortunately they dont have a 12 step program for this. I prefer to stay in denial and have fun with my passion, cause I dont see myself taking up needlepoint or knitting.

 

It probably would not take that big of a drop in price to sound lower to someone looking at JCW, but I think you have to get under 30K to get them to consider it over new. For 2006 you can designate the option of JCW when looking at comparison pricing, not so for earlier years I heard or read somewhere. NICE LOOKING CAR, you'll probably be glad you kept it, 5 or 10 years down the line.

 

The thing is you just bought a stock '06 JCW, then you have to put on the mods. So the math is just different with the add ons.

 

I think you'll figure it out when the offers come in

Its a sad but true fact but unless someone is looking for exactly what you have done ... and most everyone has different tastes, I would be prepared to drop it quite a bit.

 

the car just to make end meets. That in itself gives him much reason to sustain whatever price he deems right for his customized car. I do agree that customizing is a very personal thing and your car might only find interest within a very small niche (MCS lovers is already a very small niche). I have also the same problem as android993 and I agree that my MCS is just another car in the stable. I have customized practically every car that I get my hands on and in the end most cars will have to sold at a big loss just because customization can never be recouperated. There are only very few cars in the market where you can buy the car at fair market price and lose very little or none after some usage or enjoyment. I can assume android993 owns the beloved 993 and that is a classic example of a car that have not lose much value during the last 3-4 years. Mini's are exceptionally strong with its resale early in the beginning years however with demand and supply has reached equilibrium last 2 years used car prices have started to follow the same trend as most cars. I think android993 can and should post his price at whatever value he thinks deems fair based on his feelings. (it is still somewhat a free country) I also think that this forum have well seasoned and educated Mini owners or would be owners and buyers and that usually pose troubles in selling unless it is a truly knockout deal. I would definitely suggest an alternate source to sell your car or maybe even part out some of the upgrades so you can make the car more viable to most buyers. You be surprised how many people will buy your upgrades.
Enough rantting. BTW I had a 98 993 C2S that I loved and miss too much.
Cheerios

 

chautofu thanks for your sober and rational post. I agree with you 100%. Inasmuch I'd like to sell it I dont want to discount it so much that I feel I gave it away. Somebody will want it at some point with the mods it has and change it to suit their tastes. I know the value goes down everyday, but like all the other forums I'm on, its the same thing, sellers thinks its worth more that it is, and buyers say that they should be able to steal it at a price that makes you cry.
With the 992 C2/4S bunch you read the same chant, even for a limited production car. Now you can pick up a nice low mile example for $40-50k although I saw one with 3600 miles for $78k. The Lotus Exige/Elise its group the same thing, and now Lotus won't bring in any new '07 cars until the exsisting stock sells.
Like my friend says "a seat for every ***, and an *** for every seat". I'll find some equalibrium on the price at some price point, but in the mean time the topic makes for nice fodder.

 

However, just be aware that the Lotus drastic drop in prices was due to many in the initial group of buyers not having a clue the car was totally worthless as a daily driver ... hence great deals on 05 cars and 05 cars still on dealer lots. MINI market is not the same.

 

Your right, but the mini (non-S) is a reasonable little commuter car, at least not as one dimentional as the Lotus. As always its supply and demand, and if you build too many that can be absorbed they will sit around and the value of the earlier models will go down. The Carrera GT had a build total of what 1500? I dont think the buyers are yet losing money on their purchases there; neither are the Enzo buyers. We on the other hand expect to have our little pride and joys take a hit and maybe even more if the '07 model proves to be better and more popular.

 

If I were you, and I just sold my car ...., I would sell as quick as possible before the first 07 is seen on a street (i.e., about January). The minutes the turbos are out, current gens will take a hit

Best of luck!

 

really? why? I thought turbos are cheaper than superchargers? Is it going to have better performance? I don't like the look as much... hmmm... I better do my research...

 

Regardless of whether or not the 2007 turbos are actually "better" than the 2005s and 2006s, the older model cars will take a depreciation hit because 95% of the buying public will believe the new cars are beter because they're . . . newer. So even if the 5% of owning / buying public "know" that the older cars are "better" (from an enthusiast's perspective, anyway), you can't fight the other 95% of the public that now wants to buy a 2007. Unfortunately, as it relates to the economics of supply and demand, "what's real" has no real impact on what happens to the price of goods -- always boils down to what people want, and what people want is seldom tied to empirical data.

At best, if by chance there is a consensus that is strong enough in the general buying public that the older cars are / were better you still won't see a value increase, you'll see a rate of value decline decrease (the rate at which 2005s and 2006s lose value will slow, not reverse). Very simple economics. While there are some (very few) examples of price reversals, they're are incredibly rare, and in almost all cases are limited to niche vehicles that are only sold to enthusiasts (i.e. specialty Ferraris & Porches) in incredibly small quantities (i.e. less than 1000 vehicles). Bottom line: if you own a 2005 or 2006 time is not your friend.

One other point I'd like to make about modifications is this: as someone who has owned many cars that I've modified heavily (everything from adding complete turbo systems, to wheels, tires, brakes, interiors, a/v, etc.) I've never gotten close to getting the money for the mods out of the car. I'm not talking about getting 50%-60% of the cost of mods, I'm talking more in the 25%-30% range (and on a couple of occassions, even less). My personal experience tells me that finding someone who wants a car modded in exactly the way you've modded it is rare. Even if you could find someone who wants it the way you've set it up, the prospective buyer isn't nearly as attached to the thing as you are (one of the downsides to doing all the work yourself is that you tend to get emotionally invested in this inanimate object, at least that's been my experience). Perhaps if I had hung on my vehicles for long periods of time I might have found that 'special someone' who not only appreciated what I had done, but was willing to pay for the cost of what I had done -- but hanging on to a car that I no longer wanted for 6-9 months would have had it's costs: time (fielding all the phone calls & emails), frustration (getting stroked by lookers), and cost of money (in the time period of 6-9 months I could, and did, find other places to put my money) -- in general, I usually "held strong" early in the process, but by the time 2-3 months had rolled around, the above-mentioned factors started to wear on me (which is to say nothing of my wife or my desire to own something else). A good rule of thumb (in terms of pricing a modded car) is to depreciate the mods to the same level of the car -- for example, if your car (in its base, unmodded form) has lost 30% of its value, add up your mods and depreciate them by at least the same rate (doesn't really matter how new the parts are) -- then you'll have a good starting point for a price. I guess if you're someone that is prepared to wait 6-9 months you might get a price that you think is fair . . . or you might not, especially with the pending release of the 2007 turbos. The other possibility to to de-mod the car and sell the parts independantly . . . just depends on how much time and energy you have on your hands. Just understand that there is more risk in holding than selling, for while you try to eek out the last $2k-$3k in "sunk costs" of modifications, the underlying car is depreciating daily.

Sorry for the long post, but I'm an economic analyst by trade. Best of luck with the sale . . .

 

What dhodory said is right on the money.

You cannot go buy a thousand enthusiasts on an Internent forum. 149K other owners dont give twit about mods and will always want the new model. Time is ticking, as he said.

As to mods, I've just been through this and took the car to two independent appraisers who both spend over an hour doing research. They BOTH told me all the mods were worthless ... "unique" cars like that are very hard to sell because you have to find a buyer with exactly your tastes AND the general public is going to be very wary of any modded car as being one potentially used/run very hard ... whether it is or not is NOT the point. The point is that their perception is their reality.

 

The appraisers are spot-on. When I bought my Ducati motorcycle, the previous owner had recently spent $2500 on a set of Marchesini magnesium rims, as well as about $1800 on a beautiful custom tri-colore Italian flag paint job. The bike also had the Ducati Performance kit, which runs about $1000 and consists of a new ECU, better air filter and better exhaust pipes.

The $5300 he spent in upgrades and customization only amounted to about a $900-1000 price bump when he sold it to me, compared to what the bone-stock examples were selling for at the same time.

I feel that I made out like a bandit, because I love the paint and the wheels, and would have installed the DP kit anyway if the bike hadn't come with it, but I know that there are even more people that would have been turned off by the paint and wheels, so by making those mods to the bike, he was drastically limiting his target audience.

Scott

 

Nice to have an "expert" on the subject, thanks for the lengthy post! Quick question: since the JCW will not be available on the '07's for some time, do you think an '05/06 MCS JCW will be worth more since they will be more "rare" as a percentage of the Mini population in general?

TIA! b.