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

R50/53 Looking to Buy a 2006 Mini Cooper S

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Old Aug 2, 2011 | 11:29 PM
  #1  
Wicho001's Avatar
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Looking to Buy a 2006 Mini Cooper S

Hi Guys!!!

I would like to be part of The Mini world

Just a Simple Question :D

Do you think that I can get a Beautiful Mint like new 2006 Mini Cooper S for 12,000 Dollars or less?

Thank you!
 
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Old Aug 3, 2011 | 05:04 AM
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salvage yes
 
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Old Aug 3, 2011 | 06:13 AM
  #3  
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My 04 MCS with 40k miles cost me 12k. So for a 2006 you would probably need to look at high mileage ones.
 
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Old Aug 3, 2011 | 05:52 PM
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From: Poggibonsi
$12k is low... but there's always good deals out there if you're patient.

I bought my '06 MCSc slightly below trade-in value using the lowest valuation index I could find (edmunds.com). Compared to MSRP price sheet from Mini, it was a whopping 39.35% drop in value... or 13.12% per year. Now multiply that by 5 years ('06 to '11) and you have 65.55% depreciation. So my Mini should be around $14,490.

But... market dictates pricing! Using Autotrader.com, within 100 miles from me, the lowest MCSc is an '05 (69k) at $13.9k; highest is an '06 (12.7k) at $23k. In fact, I could probably sell mine close for $1-2k less for what I paid 3 years ago.

I think prices for Minis are whacky, especially in this economy.
 
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Old Aug 3, 2011 | 07:51 PM
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I paid $9K for mine but ended up spending close to $3K for maintenance since then on things that wore out or failed. I have 88,000 on it now.
 
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Old Aug 3, 2011 | 08:16 PM
  #6  
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Be patient and keep looking. Be willing to travel for your mini and do your research and know what to look for in a good car and maybe you could get one at an auction. Just a few months ago I got my 2006 with 36,000 miles on it for $10k then I put down $1k in repairs (that I kind of knew about when I bought it) and after registration it was about $12k in total. The RMV valued the car at $14k so I think I saved quite a bit.

Personally I would think twice about getting a car in "good condition" for that price coming from a dealer. I actually had to use some connections to get the car because the dealer was about to send it to the auction instead of repairing and then selling at a higher price. Maybe you will find yourself in a similar situation? Good luck.
 
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Old Aug 3, 2011 | 08:28 PM
  #7  
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Hi there, I pay $10000 for my 2006 Mini cooper S. It has 102K but it got all the trimmings, sports package, seat heater, double roof.....Also HK stereo. The car is in great condition (interior and exterior). I spent $250 installing aux and ipod adapter. My brother is a mechanic so I am not afraid if anything happpened to the car. So far so good. I have been looking at craigslist and people wants 10K for 2002 mini....
I am in Southern california if that helps. Bought the car off craigslist. Just have patience. I love my mini, it is a stick....makes me enjoy driving again. Good luck, have patience
 
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Old Aug 3, 2011 | 08:38 PM
  #8  
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Thanks a lot Guys!! very helpful everything said! Ill be patient, just don't know for how long :D I like the white pepper color with 17" wheels and the pano roof!!! I spend like 4 hours daily searching for the Mini.

Thanks again I will update and hope to be part of the Mini family
 
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Old Aug 4, 2011 | 08:17 PM
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Buy mine...I'm getting really close to listing it...2005 with 63,000 every option, Nav, Heated Seats, Pano Roof, HK, Factory Ipod, ect...No Mods/No Accidents...12,750
 
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Old Aug 4, 2011 | 08:32 PM
  #10  
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Thank for the offer Ntobis, I live outside US and in my country I cant import cars below 2006. :@
 
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Old Aug 5, 2011 | 06:18 AM
  #11  
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From: New York, NY
Originally Posted by Ntobis
Buy mine...I'm getting really close to listing it...2005 with 63,000 every option, Nav, Heated Seats, Pano Roof, HK, Factory Ipod, ect...No Mods/No Accidents...12,750
Hey NTobis - where do you live?
 
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Old Aug 5, 2011 | 09:39 AM
  #12  
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From: Fort Wayne, IN, USA.
I got my 2003 MC for 11,500 with 45K miles on it.
 
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Old Aug 16, 2011 | 08:20 PM
  #13  
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Hello Guys!!

I found one with 87,000 Milles on it, Manual, Panoramic, 17" wheels for $11,900...what do you think?

Thank you!
 
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Old Aug 16, 2011 | 08:33 PM
  #14  
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From: New Jersey
What year is it? Is it an S?
 
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Old Aug 16, 2011 | 09:17 PM
  #15  
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Originally Posted by JohnW94
What year is it? Is it an S?
Sorry my bad! It is a 2006 and S

Im a bit scare about the miles, do i have to be scare or 87k milles is not big deal?

Cheers
 
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Old Aug 16, 2011 | 09:24 PM
  #16  
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2005-2006 were good years. 2006 is still considered the best year of MINIs to purchase. That being said, you really have to give the car a looking over.

Most likely things will need to be replaced at 87 (I am around that mileage now on mine).

Front control arm bushings will definitely need to be replaced. Check the upper engine mount (it's to the left of the engine), check the power steering fan (just about in the middle between the wheels under the car, looks like a computer fan), check to make sure all lights and options work properly, press the clutch in and quickly release it (when the engine is started) if you hear an audible clicking sound then things I still fine BUT you can use that as an excuse to bring the price down. Spark plugs will need to be replaced if they haven't been already, ignition wires and possibly the coil, etc. etc. Use any excuse you can and find anything wrong with the car to bring the price down. I think $11,9K is a good place to start but you can definitely get the price down from there. Remember, start low and try to work a deal with the seller.

If you can, get a reputable mechanic to look at the car.
 
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Old Aug 16, 2011 | 09:36 PM
  #17  
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Originally Posted by JohnW94
2005-2006 were good years. 2006 is still considered the best year of MINIs to purchase. That being said, you really have to give the car a looking over.

Most likely things will need to be replaced at 87 (I am around that mileage now on mine).

Front control arm bushings will definitely need to be replaced. Check the upper engine mount (it's to the left of the engine), check the power steering fan (just about in the middle between the wheels under the car, looks like a computer fan), check to make sure all lights and options work properly, press the clutch in and quickly release it (when the engine is started) if you hear an audible clicking sound then things I still fine BUT you can use that as an excuse to bring the price down. Spark plugs will need to be replaced if they haven't been already, ignition wires and possibly the coil, etc. etc. Use any excuse you can and find anything wrong with the car to bring the price down. I think $11,9K is a good place to start but you can definitely get the price down from there. Remember, start low and try to work a deal with the seller.

If you can, get a reputable mechanic to look at the car.
Jhon than you very much for your fast reply, people like you makes everything much easier thank you very much, I will take a look at those things. I let you know.
 
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Old Aug 16, 2011 | 09:40 PM
  #18  
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Glad to help, once I bought my car and replaced the things that wore out (like the bushings and ignition wires, etc.) the car has been good to go, no other major repairs (knock on wood). So as long as you look over everything with an eagle eye, you should be fine. Good luck and keep us updated.
 
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Old Aug 17, 2011 | 08:24 AM
  #19  
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I (my dad) paid 17,500 for my 06 in 2009 and it had 18,500 miles when I got it. Im sure you can get the same one today for $15k but I dont think 12.
 
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Old Aug 17, 2011 | 08:28 AM
  #20  
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From: New Jersey
Keep in mind the mileage is 87K not 18K
 
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