Year: 2013
Make: MINI
Model: Hardtop
Price: $40000
Mileage: 0
Color: Thunder Grey
Private or Dealer Listing: Private Listing
Location (Region): SouthEast

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"I’m interested to hear everyone’s opinion."

Nice car, your chances of selling it for anywhere near that price are slim. I won't say zero because outliers sales happen all the time.

 

Thanks for the compliment. It’s a hard to put an exact price on the car so I had to start somewhere. I figured if someone is serious about buying it we would come up with a number that we were both happy with.

 

"Don’t forget a new JCW is in the mid to upper $40s, and doesn’t even come close in comparison"

A super nice GP you have there, but actually new JCWs usually can be had for low to mid $30s, and, in my opinion, are so much more car for the money than any 2nd gens can offer. You have a truly future classic though, especially considering the mileage.

 

You've set this car up perfectly, and it definitely looks like show quality.

Mods don't really increase the value of a car that much unfortunately. You would do a lot better if you were to part it out (unless you paid for all that labor) and then sell the car stock.

FWIW, there's another GP2 on here for sale for less than $20k.

 

Thanks. I know parting it out would be the better way to go but unfortunately I sold all of the stock parts since I had no intent to ever sell the car. I had to start the pricing somewhere. Better to start high than low lol.

I know there is another GP2 listed listed for less than $20k. He is using it as a daily driver and it has a lot of miles on it.

 

I know, but there's not a $30,000 difference between the two cars lol. Maybe $10-15k.

 

His car is worth more than $20k. I don’t know why he keeps lowering the price so drastically. A stock GP with the same miles I have should be around $30k, depending on location, how long it’s been for sale. Etc. Like I said, its not exactly the easiest car to put a value on which is why I am open to offers.

 

How about everyone who is not interested in purchasing not worry about his price? I'm sure he knows well enough where he sits with it. If you want to make an offer, great. If not, don't concern yourself with his asking price. Some people sell cars because they have to. Others don't have to and have the flexibility to ask what they want, and wait for the right buyer to make a fair deal for both.

 

Thank you! I am glad someone understands. I have the flexibility and do not need to sell the car. If I don’t sell it I am perfectly happy with keeping it in the garage.

 

He asked for everyone's opinion, I wasn't trying to be rude.

As someone that used to detail cars, I can really appreciate the attention to detail on this thing. If someone were to pay $50k for a GP2, this is the car to get.

 

Seriously. Don't believe any of us are being rude (or trying to be rude) here at all. The seller is a great guy (I think I still have your original spark plugs).

 

Thanks. I forgot I sold them to you. That feels like forever ago. Lol

 

Special modded cars deserve special care when selling. Most buyers won’t fully realize all the work that you have done. Perhaps approach another magazine for a featured sale. Hire a professional photo shoot and write a very personal statement about what your intentions were when you built it. People need to connect with your car AND YOUR STORY. You only need 1 buyer at 50k and there are 7 billion people on the planet. Your chances are strong if you approach it with this in mind. A one of one car is a unique opportunity. Aside from the lack of software support with RT, everything else looks sharp! GLWTS.

 

This modded GP2 sounds like a lot of fun. I'd love to get more info about it and see photos and all that good stuff. I don't know if it's $50,000 worth of the sweetness, but maybe we could work something out if the car is truly special. I was going to by a GP2 and modify it myself, but I would love to see what you have done and maybe get something done for it.

 

Bump. Just lowered the price. The initial price of $50,000 was just to gauge interest and get people’s opinion. It also allowed me some room to negotiate. Almost have no room to negotiate now. I can also have it shipped anywhere in the lower 48 in an enclosed trailer.

 

You asked, so here's my take:

This is a classic mistake in pricing a car. When modding any car you'll never get your money back or even close. In most cases, buyers don't want anything but a stock car. This is especially the case with collectable cars, like a GP2. If you plan on keeping the car, you do you. Mod it the way you want. If you're planning on selling it in the near future, go easy on the mods and get only one's that are easily removed. You're idea of the perfect car isn't the next guy's.

Personally, when I'm looking for GPs or JCWs I'm looking for the least molested version with lowest miles. Modding is the fun part, so I'm looking for a clean canvas. Before I sell (I'm on my 5th Cooper), I remove parts because no one will appreciate the cost (and the reasons I mentioned earlier). You would be better off selling the aftermarket parts on the side and returning it to stock... except for those wheels, they're beautiful!! I hope you're offering up the stock wheels as well.

In summary, to the right buyer (fringe minority) this will make their day. To the average buyer, the mods detract from the car and, if anything, they see it as a liability and it takes away value.

Edit: Wait, didn't the GP2 have decals everywhere? If you've removed them, you're going to take a huge hit on price. I love a sleeper, but I think the average guy who buys a GP2 is going to want to shout it from the rooftops. They're somewhat difficult to come by, especially the roof numbers. If I were buying a GP, I wouldn't even consider one without decals due to reselling down the road (even though they're loud for my taste).