2005 JCW Pure Silver

Xenon headlights/washers
Heated seats
Chrono package
Harmon Kardon
16 wheels with all season run-flats

71,000 miles

I cannot get any info regarding a JCW resale. I was told by the dealership that the JCW package does not count as part of the sale; it's like adding an aftermarket $6,000 stereo system. I'm shocked as I thought the JCW would help maitain value, and not be viewed as a throw away item at resale.

Front brakes are brand new, rears are 15,000 miles old, tires have12,000 miles

 

While JCW commands a premium in a new car purchase, typically JCW cars are driving long and unfortunately quite hard to take advantage of the performance.

71,000 for an 05 is considered high mileage and also pushes the car out of warranty. This would only hurt the value of the car as well.

The dealership probably quoted you their criteria for buyback/tradein. try going in the aftermarket.

 

71,000 on an '05? That is a lot..

 

$1.50?

 

Having just been through this ... JCW is worth NADA. In fact, none of your options are except HK.

75K mile is a killer ... WAY too much mileage

Your not going to like this but if you get 15K .... take it ... private sale. Trade-in? Your going to be sick.

I know this is not a good thing to hear but aftermarket bits are worth nothing and your mileage is overboard for a one year old car.

 

As someone who is shopping for a used MCS (with or without JCW) my observation has been that the newer the car, the more valuable the JCW package. At first that seems like an obvious statement, but to refine it, let me say the following: while I might pay close to $5k for the JCW kit on a 2006 Mini, for a 2005 and 2004, respectively the reductions in my "mental" price are more severe than the rest of the car. So, for a 2005, I might pay an extra $2k or $3.5k over what a non-JCW is selling for. For a 2004, I might pay $1k to $2k over a non-JCW car. Anything older than that, and I'm indifferent. Throw in your extra high miles (off topic: but how does one put 71k on a car in 2 years?) and to me (again, not a universal statement) the JCW kit actually might be a bit of a liability (i.e. more HP = more stress on the engine).

Hope you get as much as you can for your car, btw. Best of luck with the sale. Best advice I can give is to list it for sale and drop the price by $200/week until it sells.

 

An interesting perspective from a potential private sale. However, his dealer is correct. Try to sell it to carmax or anything other than a private sale and its worth nothing.

Now ... since 2006 it is factory installed ... kbb lists is an option worth maybe 4500. Interesting. The best thing MINI can do is make the 08 JCW an entirely different model..

Now stick in the high mileage and it doesn't matter. The 75K is a killer.

 

Holy crap.

How do u put 75k miles on a JCW???

I think your going to be at around $21,750 because of the miles and the JCW kit losing 50% of value.

 

Doubt it. Why would any spend $22K on a MINI with 75K on it? For $5K more you get a new JCW???

 

Interesting points of view on the JCW. But let me throw something else in the mix. I am sure you all know of Yenko Camaros. (There are other similar cases, but I am not up on my muscle car history). Don Yanko bulit these cars with some extra umph out of his dealership because that is what he thought would sell. And they did. I am sure back in the day a few people had the same attitude towards reselling the Yanko Camaro as today they have towards selling the JCW Mini. "Mods don't add to the value of the car". However, some 35+ years later, the Yanko Camaros fetch $250,000 at auctions.

I am not saying that a JCW Mini will ever achieve the cult status of a Yanko, but one man's trash today, could be anther mans treasure in a few decades. A worthless JCW option on a 4 year old car, just might be a thought after option in 20 years. Just my .03.

 

The same could be said for the MCS -vs- MC......I have long been frustrated by the fact that so many people on this forum so highly recomend the MCS over the MC yet the marketplace forums are chocked full of MCS's and hardly a MC to be found!.......AND If you do find one they sell for the same range as a MCS!

 

Apples and oranges ...

Take a look at Barret-Jackson. 20 year ago the hot selling cars were the exotics. Many Ferraris went over $1M. Then, the Baby Boomers took over (grew up). What were their dream cars? Muscle cars. Give me a Hemi-Cuda $2M. Pristine 427 Vettes, etc. Even tuner cars ... Phase III Vettes, Camaros, etc. fetch high dollars if OEM.

Meanwhile exotics took a dive. Many Ferraris took many hits ... actually some affordable now.

Whats going to happen in 20 years when the Baby boomers start dying off What will the hot cars be?

Take a look at the numbers because its all in the numbers ... When a Hemi Convertable Cuda sells for $2M its because they sold TWO (2) of them. Many of those muscle cars sold in numbers under 100. Many less than that. Now look at 2000 GPs or 20000 JCWs....

No way. Its not in the numbers.

Some people started to say that 97/98 Boxsters would start to sell for money. No way ... Porsche sold WAY too many of them and they make maybe 5000 cars a year.

You want a classic ... think Numbers ... and thats why the rare ones sell.

 

Ran it on Edmunds.com. Assuming clean condition (little or no cleanup needed) $14.7 trade, $16k private party.

 

The DEFINITIVE reason for why there are more MCS's for sale is that folks spent WAY too much money on them in the first place and now they have to get out from under them for financial reasons. When you plow on the extra "have-to-haves" and drive the price of the car up near 30K and payments of 600/month or so it gets burdensome when the income stream gets bumps in it. Even loading out the MC's gets them up around 25K, but they probably can still make those payments for awhile.. Keep the payment between 300 and 400 and you don't get into trouble so fast. That can be done with a trade-in, a couple thousand dollars down and a base MCS. Get a base MC and keep the payments about 300 dollars. No reason to sell a car you like that you can afford. But come resale time this model then works for you because you didn't tie up the big bucks in the first place.

My message is STILL stay away from the expensive add-ons in either model. I lust after the JCW but it still isn't worth the cost. I am looking at a MC with nothing but a MFW, not even metallic paint, it's only going to be about 18.2K, plus TTT. That may be an easy deal to do if the wife doesn't mind dumping her station wagon. Payments will drop and we'll both have a FUN car.

To stay on point, I'd list this car as a JCW at about 17.5 and be prepared to deal it down to 16 or even 15, like Chows points out, at least you'll get some calls. Maybe tell them actual mileage on the phone after saying "out of warranty" or something like that. Good Luck.

 

Much faster than on a base S.

 

I commute a total of 100 miles to and from work everyday and then drive to various projects around Fairfiled County, Ct.

I was offered $10,000 for a trade-in last night. I want to cry! I called the dealership of original purchase and was told that the JCW engine package adds nothing to re-sale. I'm simply amazed; my 1999 Honda Civic Si was produced for only two years and has components - and an engine - not found on other models. As a consequence, it held its value really well - $5,300 with 180,000 miles from the Kelly Blue book.

16K...at this point I would be happy with 16K, really happy.

Let this teach all of us something about the JCW kits; they are overpriced to begin with and worth very little if nothing in the re-sale market. I would never by JCW again.

I'm sort of sick over this; I already ordered the 335i...I may need to cancel the order...what's owed on the Mini plus the 335i is a bit much.

Oh well, oh well, oh well...3 holes in the ground and I may jump in one of them

 

meb - sorry this has been such a debacle for you. the new BMW 335i is one sweet ride, but given the rate at which you put miles on your vehicles, you'll likely end up in the exact same situation with the BMW as you have with your Mini. My suggestion, if you can afford it, is to keep the Mini and use it as your commuter, and buy the BMW and drive it occassionally (i.e. Fridays and weekends) as your "special" car.

 

adding mods is like adding a pool to your house..... do it for yourself... the next buyer may find it a problem.....

The JCW cars may prove to have some collector value but many years from now.... and as always they have to be low milage and clean.....

I feel the dissapointment but the milage is high.... I think you have to approach every car like it is a keeper from a financial point of view because they just don't hold value... the only way to get your money out is to drive it....

if you reconcile the cost of the JCW with your milage was it worth the extra $.07 per mile to drive a JCW..... that is your question to ask...

do you remember when you could not find any used Minis and the ones you found were going for about sticker or more......

Just some thoughts

 

I never looked at MINI for resale value. I like my MCS and will go for a JCW because it will be a kick. When I am thinking about straight resale value, for a commuter car or train station car, I get basic Hondas or Toyotas. They are cheap and have good resale value.
Nobody wants a car with 71,000 miles, but look at the bright side, you got to drive a JCW for a year or two at less than 20 cents per mile....seems fair to me.

 

My disappointment is not with the value per se, but with the fact that the JCW kit adds nothing to the bottom line. The value is determined from a base S, the JCW kit is not factored in, period! The Xenon lights, heated seats and Harmon Kardon add pennies. I fully expected the car to be worth 16K, exactly half the purchase price - which is how every other car has worked out to date. But the 6K loss is due soley to the JCW kit...it's like it was never there. That'l get around and BMW/Mini may find lots of JCW stuff on the shelf. I would be concerned if I were BMW/Mini.

These cars are company cars, so I cannot consider buying the Mini for commuting and driving the BMW on weeknds. Nice thought though. I'm tempted to buy the Mini as a track only car, but that doesn't help the company out; they still have a grossly de-valued car on their hands.

...still dunno what I'm going to do...

Thank you for all your help guys'n gals!

 

A Mini Cooper S w/JCW as a "company car"? What company do you work for and are they hiring?

 

If you are a Landscape Architect with 25+ years experience and have a nice portfolio we can talk...

 

Will a BS artist with 30 years of experience and a lot of references do?

 

So sorry you found that out ... I hate to say I told you so but I knew you were going to cry when heard the trade-in value.

I still think the 75K miles was the killer.

However, you are correct and its MUCH worse for those that sink $5K into a stereo and $15K into aftermarket performance mods. They are worth ... squat.

Sorry

 

So, I'm guessin' the fact that I mow my lawn (almost) weekly won't get me in?