R50/53 Mini Coopers Don’t Depreciate – Urban Legend

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Sep 7, 2006 | 01:46 PM

#51

planeguy

6th Gear

Joined: Sep 2003

Posts: 1,443

Likes: 0

From: Wichita, Kansas

Quote:

Originally Posted by Chili Red & Pepper White

I'm thinking someone already posted this info on another thread on the NAM board but I can't find it. Maybe I read it somewhere else last week.

Anyway, fits the discussion in this thread so check it out:

http://www.theautochannel.com/news/2...08/017690.html

If I read correctly....I dont think that article is very accurate.....a kia rio sells for around 10-12k new.....I would like to see where all the 2k 5yr old rios are....and we are coming up on the 5 year anniversary of the MINI and I have yet to see a car go for less than 14....and those are base models that if depreciated to 50% would go for closer to 9

Sep 7, 2006 | 01:49 PM

#52

jymontoya

5th Gear

iTrader: (1)

Joined: Oct 2005

Posts: 675

Likes: 0

I think you overpaid to begin with. I got my 05 MCS for $ with 13.5k miles.

Last edited by jymontoya; Jun 14, 2007 at 09:08 AM.

Sep 7, 2006 | 03:01 PM

#53

DaveTinNY

6th Gear

Joined: May 2005

Posts: 1,380

Likes: 0

From: Spring Valley, NY

A G.T.I.?
Dime a dozen... Oh well, to each his/her own. Good luck w/ it.

Sep 9, 2006 | 09:11 AM

#54

davisflyer

6th Gear

Joined: Aug 2005

Posts: 2,097

Likes: 8

From: Knoxville, TN

OK, just for giggles, appraised my car today. I paid 31,440 for my car. It is in perfect condition.

KBB says Retail : 34k
Private sale: 31k
Trade: 28.5k

Urban legend.......I think not!