R50/53 Valuation Question
Valuation Question
I am considering selling my Mini and do not really know what it is worth.
2004 Mini Cooper S with JCW package
22,000 miles
Green with white roof
Options: Pretty much loaded. Aerokit, premium wheels, leather, upgraded sound.
This car was owned by my mother who rarely drove it now it is my second vehicle and am thinking about getting something bigger. It is in overall very good condition with no mechanical issues at all. All maintenance records available. I dont have any pics right now.
What would you guys price it at? Thanks.
2004 Mini Cooper S with JCW package
22,000 miles
Green with white roof
Options: Pretty much loaded. Aerokit, premium wheels, leather, upgraded sound.
This car was owned by my mother who rarely drove it now it is my second vehicle and am thinking about getting something bigger. It is in overall very good condition with no mechanical issues at all. All maintenance records available. I dont have any pics right now.
What would you guys price it at? Thanks.
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From: Car Nut Since 1987, Owner Since Fall 2005, Vendor Since Fall 2007
Do you have the FULL JCW package, motor, suspension and brakes or just one or two of the three packages? If you are not sure look at the parts, Red brake calipers are JCW. Red Springs are JCW. Do you have the JCW Carbon Fiber dash? or any other JCW Carbon fiber stuff?
WOW, 22k on an '04. That's great. Just for numbers sake, go to http://www.kbb.com and plug in the information to see what you expect to get by selling it private party. Kelly Blue book is not bad just to see what you could expect to get for it.
Most banks go with Kelley, and they might be more apt with dealing with a bank soon when it comes to transaction time.
I posted the car for sale in the classifieds. I listed it at 21,900. Not sure if this is high or fair, let me know. I used NADA and KBB for pricing but they do not really take into account JCW engine and aero kit. KBB was the same price with or without JCW.
https://www.northamericanmotoring.co...ct/2851/cat/12
https://www.northamericanmotoring.co...ct/2851/cat/12
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KBB is always high. I use Black Book and Manheim Market Report.
BB clean retail is $18,950.
MMR above average retail is $16,700.
Neither has an add for JCW.
$21,900 sounds like a good place to start if it's as clean as you say.
Good luck.
BB clean retail is $18,950.
MMR above average retail is $16,700.
Neither has an add for JCW.
$21,900 sounds like a good place to start if it's as clean as you say.
Good luck.
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