R50/R53 :: Hatch Talk (2002-2006) Cooper (R50) and Cooper S (R53) hatchback discussion.

R50/53 What's it Worth?

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Old Jan 30, 2009 | 08:35 PM
  #1  
Evolution IX's Avatar
Evolution IX
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2nd Gear
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What's it Worth?

Well I am in need of a little more room. Not right now but within the next year or so. So I am just curious what my Mini is worth.

2003 Blue Cooper S
Bone Stock (Has 35% Tint on All 5 Windows but I don't count that as a mod)
91,000 Miles
Just Serviced, Everything Works Excellent
Body is in Good Condition, Not Excellent because it has 1 door ding

I would be happy if I could get 10-11K for it.

Also if anyone is interested in seeing it I am located in Monmouth County NJ.
 
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Old Jan 30, 2009 | 08:42 PM
  #2  
Motor On's Avatar
Motor On
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Did you KBB it?
 
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Old Jan 30, 2009 | 09:04 PM
  #3  
Evolution IX's Avatar
Evolution IX
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Originally Posted by Motor On
Did you KBB it?

Yes KBB states that a Private Party Value would be $12,240 for Good Condition. But with this economy I just wanted to see what people were getting.
 
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Old Jan 31, 2009 | 06:26 AM
  #4  
k_h_d's Avatar
k_h_d
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I think you should be able to get 10 or 11k for it. But you have to find the right buyer. I would think only someone who knows mini's will buy high mileage mini's.
 
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Old Jan 31, 2009 | 09:01 AM
  #5  
orbitup's Avatar
orbitup
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From: Dallas
Average Black Book retail is $13,775.

Average MMR retail is $9,500.

Big difference I know. I wholesale at the auction and usually aim for the average of these two. So $11,600 would seem reasonable.
 
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Old Jan 31, 2009 | 09:34 AM
  #6  
Evolution IX's Avatar
Evolution IX
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Originally Posted by orbitup
Average Black Book retail is $13,775.

Average MMR retail is $9,500.

Big difference I know. I wholesale at the auction and usually aim for the average of these two. So $11,600 would seem reasonable.

Thanks.
 
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