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R56 What's my 08 MiniS worth?

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Old Aug 16, 2009 | 04:38 PM
  #1  
KyleE's Avatar
KyleE
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What's my 08 MiniS worth?

MODS, I didn't see a more appropriate area to put this, so if needed, feel free to move it.

I have a Lightning Blue 2008 Mini Cooper S FULLY loaded. Leather, NAV, Blue line, 6 speed manual transmission, sunroofs, etc, etc. I paid over $34,000 for the car last August of 08. I am looking to move on to something with a backseat for passengers. I used this as my commuter car and it has been great. I currently have about 23,000 miles on it. 99% highway. (My commute was 92 miles round trip each day).

Just trying to get an idea of what I should ask for the car. Not sure what is an appropriate number before I post it in the classifieds section.

Thank you everyone in advance!

Regards,
Kyle
 
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Old Aug 16, 2009 | 05:43 PM
  #2  
OaklandMini's Avatar
OaklandMini
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From: Oakland, CA
Even though those are highway miles, that's a LOT of miles for a 1 year old car. About double the average.

I would put an ad out there for $27,500 and expect to sell for around $26k.
Just my take though.
 
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Old Aug 16, 2009 | 05:49 PM
  #3  
RJKimbell's Avatar
RJKimbell
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From: Vancouver, WA
Use www.nada.com to get a guesstament as to what your '08 MCS might be worth.

I just Re-Fied mine and the CU told me to watch this to get an idea of what the value on it is.
 
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Old Aug 16, 2009 | 06:42 PM
  #4  
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muellerfilm
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From: Beverly Hills Ca
I think that Nada.com and kbb.com are way off on there figures on what minis are valued at in this economy, they had my clubman valued at $23,000.00 no way. I trade my cars in yearly and I have found that when I tried to trade in my clubman that the trade in values from Los Angeles dealers were almost half of what I originally paid. I even tried listing the clubman on local papers and on auto trader I listed it at $19900.00 and I never got one call. My clubman was fully loaded auto, Leather, Sunroof, comfort convenience black headliner ect. Mint condition no accidents and it only had 5000 miles I ultimately sold the clubman to the dealer I bought it from.
 

Last edited by muellerfilm; Aug 16, 2009 at 06:59 PM.
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Old Aug 16, 2009 | 07:36 PM
  #5  
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orangecrush
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From: Charlotte, NC.
I traded in my '08 MSCa with JCW Stage I kit, upgraded wheels, no nav, 20K miles and got 23500 from the dealer.

I think they sold it for 26-27K.

So, I'd say you're probably in the same range, no less than 25K, no more than 27K. Of course, that was about 4 months ago and the economy has slid down a bit more but I still think that would be realistic number.

Good luck....

Mark
 
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Old Aug 17, 2009 | 05:34 AM
  #6  
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Ok great. Thank you very much guys!

-Kyle
 
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