R50/53 Priced Fairly?
Priced Fairly?
What do you guys & gals think of this one? It's somewhat local to me, and is priced (what I believe to be) very reasonably considering how well it's optioned. Just when I thought I'd narrowed it down to Chili Red/White, this baby has to show up for sale:
http://sfbay.craigslist.org/pen/car/308872283.html
:impatient
http://sfbay.craigslist.org/pen/car/308872283.html
:impatient
The only things I'm not sure about are the Lapis Blue seats (I think straight black would be so much simpler, but whatever - it's not the end of the world) and the Aero Kit. I'm not into the whole "Boy Racer" scene, so I don't want to be mistaken for someone who is by driving a car with an aero kit.
The MINI is the only car out there, though, (that I can think of) that has a factory aero kit that, 1) doesn't look that different from the "plain" car, and 2) still looks good.
The MINI is the only car out there, though, (that I can think of) that has a factory aero kit that, 1) doesn't look that different from the "plain" car, and 2) still looks good.
I would inquire about the warranty...I think that extended warranty should give you more years...
4 yr 100k?
Maybe it is a misprint since the factory is 4 year 50000 miles...
Otherwise nice ride....(try to talk em down a bit..there is always negotiation room)
4 yr 100k?
Maybe it is a misprint since the factory is 4 year 50000 miles...
Otherwise nice ride....(try to talk em down a bit..there is always negotiation room)
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I was finally able to email the owner. The car is a 1-owner, ordered new from MiniSF, no accidents. Owner states,
How expensive of a piece is that to replace?
At any rate, about the warranty - sounds legit - here's what I got from the owner:
As for the brakes, no JCW brake/suspension package. I'm fine with that - if I want to upgrade to a set of Brembos or something in the future, there's always that option.
I'm not planning on really modding this car - I have a 96 Corvette that makes close to 400hp. I've done the "import tuner" thing, and while it was fun, I always found myself frustrated with the end result i.e., a car that became less reliable and less fun to drive. Never mind the fact that I was STILL slower than 90% of the new cars out there, and so thus entered the Corvette. I did a few tasteful mods to it, and I'm leaving it alone now. Just upgrading the parts that wear out with better stuff (brakes, suspension, etc.). No more HP wars - there's always a faster car out there.
"There are some scratches in the plastic close to the right rear tire. I drove too close to the cement step in front of our house."
At any rate, about the warranty - sounds legit - here's what I got from the owner:
The Warranty is thru Performance First. We paid $1995 for the contract. It is for 48 months or 100,000 miles. The date on the contract is 7/29/05, so it's good for over 2 more years or 80,000 some thousand miles. I assume it's which one comes first. "For new vehicle coverage, contract term includes manufactures warranty term"
I'm not planning on really modding this car - I have a 96 Corvette that makes close to 400hp. I've done the "import tuner" thing, and while it was fun, I always found myself frustrated with the end result i.e., a car that became less reliable and less fun to drive. Never mind the fact that I was STILL slower than 90% of the new cars out there, and so thus entered the Corvette. I did a few tasteful mods to it, and I'm leaving it alone now. Just upgrading the parts that wear out with better stuff (brakes, suspension, etc.). No more HP wars - there's always a faster car out there.
Edmunds.com says it's around 24 K, but that doesn't take JCW into account. I'd say this is a fair place to start, and that I'd offer him 24,000$ for it and start negotiating by saying you'll give him book value for it. Since you understand the JCW is an increased expense, you might be inclined to move up to 24,500 or even 25,000. I'd stop there.
mb
mb
If it were me, I'd be arguing that options and mods (even JCW) isn't returning anything substantial, that the market isn't supporting blue book or edmunds, and offer him 21K or 22K. The resale isn't there. (46K? Were people REALLY paying that???)
If he doesn't do something close to that, I'd let him sit on it for a couple of weeks and call him back.
If he doesn't do something close to that, I'd let him sit on it for a couple of weeks and call him back.
If it were me, I'd be arguing that options and mods (even JCW) isn't returning anything substantial, that the market isn't supporting blue book or edmunds, and offer him 21K or 22K. The resale isn't there. (46K? Were people REALLY paying that???)
If he doesn't do something close to that, I'd let him sit on it for a couple of weeks and call him back.
If he doesn't do something close to that, I'd let him sit on it for a couple of weeks and call him back.
My search on KBB showed 23.8 for a car in "Good" condition and 25.2 for one in "Excellent" condition. Because of the scratches on the RR rocker panel, I'd have to lump this one into "Good." Otherwise, it'd probably be excellent. Tack on the JCW package - that's gotta be worth *something*, right?
Also, take into consideration that the demand for MINIs might be higher in the Bay Area with the high gas prices, lack of places to park a big car in SF, environmentally conscious people, etc., and I think the price isn't *too* far off. I feel like if I insult someone with a lowball, I won't be counter-offered - just shown the door. Maybe start at 24.5 and go from there?
Ahhh... yeah I've heard West Coast is high
But I've heard explicitly from a couple of sellers that the JCW isn't always fetching much if anything lately
And I've heard KBB described as a fantasy
But I've heard explicitly from a couple of sellers that the JCW isn't always fetching much if anything lately
And I've heard KBB described as a fantasy
Hyper Blue Metallic = 420
Hyper Blue Metallic Dash and Doors = NC
Lapis Blue/Black Leather Interior = 1,300
Combo #1 Premium = 1,350
Combo #2 Sport = 1,350
Combo #4 Convenience = 400
Limited Slip Differential = 500
Chrome Line Interior = 200
Harman-Kardon Sound System = 550
Dealer installed iPod Adaptor in glove Box = ? + cost of installation
Dealer installed Aero Kit = 1,250 + cost of painting and installation
Dealer installed John Cooper Works Tuning Kit = 4,775 + cost of installation
Touch of Class – Exterior / Interior Protection = RIPOFF
4yr/100k Extended Service/Maintenance Contract = 1,995
If this car was purchased at a Bay Area dealership figure an additional 3,000 to 4,000 in labor for dealer installed items
Last edited by MINIAC; Apr 10, 2007 at 03:31 PM.
That's $35089 if I did the calculator right
Of course if there was an additional 11,000 of vaseline included, does that count? And then the ttl portion? I wouldn't count those-I'd only count the 35K, right?
Of course if there was an additional 11,000 of vaseline included, does that count? And then the ttl portion? I wouldn't count those-I'd only count the 35K, right?
I was finally able to email the owner. The car is a 1-owner, ordered new from MiniSF, no accidents. Owner states,
"There are some scratches in the plastic close to the right rear tire. I drove too close to the cement step in front of our house."
How expensive of a piece is that to replace?
"There are some scratches in the plastic close to the right rear tire. I drove too close to the cement step in front of our house."
How expensive of a piece is that to replace?
I recently purchase an '05 Hyper Blue JCW with Lapis Blue interior and pretty much all the other goodies listed, save aero kit, extended warranty and upgraded wheels, and similar mileage. My wife and I admittedly lost all objectivity after going to "check it out", so we could probably have done a better job of negotiating. But I'd say this deal is better than the one we got if you assign some reasonable value to each option. In retrospect I think we could have done without some of the "bling", but my 63 year old wife is ecstatic. She even told me the other day how much she likes the sound of the supercharger when she runs it thru the gears! To me, a life-long gear head, that's priceless! ;-)
I say - don't delay, as you'll be sorry if you miss it.
Alan
I say - don't delay, as you'll be sorry if you miss it.
Alan
I'm in the SF Bay Area, too, and Minis are not moving as quickly as they once were. I've been watching for 3-4 weeks and some very nice cars are still around because they are priced too high.
For that car without JCW kit, I'd expect it to go for $22,000-22,500...so add whatever the JCW kit would be and that's probably your goal.
Good luck!
For that car without JCW kit, I'd expect it to go for $22,000-22,500...so add whatever the JCW kit would be and that's probably your goal.
Good luck!
I'm in the SF Bay Area, too, and Minis are not moving as quickly as they once were. I've been watching for 3-4 weeks and some very nice cars are still around because they are priced too high.
For that car without JCW kit, I'd expect it to go for $22,000-22,500...so add whatever the JCW kit would be and that's probably your goal.
Good luck!
For that car without JCW kit, I'd expect it to go for $22,000-22,500...so add whatever the JCW kit would be and that's probably your goal.
Good luck!
I just bought my MCS in the Yeah Area as well and saw this one too. I think the price is OK, but you should still knock them down a bit. Options never get you that much in resell even JCW.
I paid 19,800 for an '04 MCS with 30K and sport package from a Mini dealer and it was really clean. I tend to find some minis have not been treated that well.
To sum it up, I think you can get this one for closer to $23K. Thats what I would offer.
Also, there is a guy selling an awesome 06 JCW, with JCW brakes and everything and I know he'll go 27. Listed at 29. Given this, the 05 is better around 23 given its options....
I paid 19,800 for an '04 MCS with 30K and sport package from a Mini dealer and it was really clean. I tend to find some minis have not been treated that well.
To sum it up, I think you can get this one for closer to $23K. Thats what I would offer.
Also, there is a guy selling an awesome 06 JCW, with JCW brakes and everything and I know he'll go 27. Listed at 29. Given this, the 05 is better around 23 given its options....



Poor MINI...