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

R50/53 An article about another MINI owner

Thread Tools
 
Search this Thread
 
Old Jun 22, 2005 | 02:03 PM
  #1  
string's Avatar
string
Thread Starter
|
4th Gear
Joined: Feb 2004
Posts: 449
Likes: 0
From: London, UK
An article about another MINI owner



From CNN Money:

"For instance, last year she bought a new 2004 Mini Cooper for $24,000 that she'd had her eye on. "I love it. It's so fun, I'll see other Mini owners and we'll all wave at each other. It's like a little family."

But even though she paid full price for her prized possession, she made sure she got the most mileage out of each dollar. The price of her Mini included an extended warranty, which will help her save on repair and maintenance costs, and insurance for the car was lower than for the BMW she had contemplated buying."

Link to article:
http://money.cnn.com/2005/06/13/pf/m...cent/index.htm
 
Reply
Old Jun 22, 2005 | 07:23 PM
  #2  
Jimbo's Avatar
Jimbo
5th Gear
Joined: May 2002
Posts: 1,100
Likes: 3
From: Endicott, NY
I'm surprised they didn't mention how well the MINI hold's its value and what a good investment the purchase represents!
 
Reply
Old Jun 22, 2005 | 07:28 PM
  #3  
kaelaria's Avatar
kaelaria
6th Gear
Joined: Feb 2005
Posts: 2,143
Likes: 1
From: Florida
No 2002+ Mini is never an investment - unless your goal of an investment is to lose money
 
Reply
Old Jun 22, 2005 | 07:34 PM
  #4  
Jimbo's Avatar
Jimbo
5th Gear
Joined: May 2002
Posts: 1,100
Likes: 3
From: Endicott, NY
As compared to most other vehicles, the MINI holds its value longer...investment was a poor choice of words.
 
Reply
Old Jun 23, 2005 | 11:18 AM
  #5  
dansmini's Avatar
dansmini
5th Gear
Joined: Mar 2004
Posts: 680
Likes: 0
From: Ohio
Yeah, we all know that cars aren't good "investments", but the private resale of my car according to kelly blue book is more than I paid for it new from the dealer! (Before taxes and such). Of course I wouldn't hold my breath to get that much for it. But it is a good sign!
 
Reply
Old Jun 23, 2005 | 01:06 PM
  #6  
C4's Avatar
C4
Banned
Joined: Jul 2002
Posts: 7,756
Likes: 0
Investment or not, I sold my '04 MCS for $700 above original window sticker back in February. Car had 17K miles and 16 months of service.
 
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Getrieben
1st Gear
23
Sep 12, 2024 07:03 AM
maestro39
R50/R53 :: Hatch Talk (2002-2006)
3
Oct 27, 2015 02:38 PM
tr3y003
1st Gear
11
Oct 22, 2015 10:48 AM
Terry J
1st Gear
13
Aug 11, 2015 09:39 AM




All times are GMT -7. The time now is 04:24 PM.