FS:: Mint looking but very expensive GP1
#1
Mint looking but very expensive GP1
Came across this very low mileage and clean GP1
https://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?zip=7 7315&showNegotiable=true&sourceContext=emailLink_f alse_0&distance=50000&endYear=2007&entitySelecting Helper.selectedEntity=d436&startYear=2002#listing= 258327671
https://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?zip=7 7315&showNegotiable=true&sourceContext=emailLink_f alse_0&distance=50000&endYear=2007&entitySelecting Helper.selectedEntity=d436&startYear=2002#listing= 258327671
#2
I'd probably try to max my profits if I was flipping a car like this too.
Yea... Pricey... not that low miles for the price... but someone will probably pay it....
Actually, This was sold last October on BringaTrailer
https://bringatrailer.com/listing/2006-mini-gp-22/
There have been three on Bring A trailer that sold for north of $30,000 recently. Probably the reason that the dealer is asking that price.
Not long before it pops back up on BAT, IMO.
Knee-Jerk reaction says 'greed' on 'flip' deals like this, but I'd try to maximize my profits too in the same shoes.
Still less than purchase price... still less than a new loaded Hyundai !!
Two at $36K, one at $35k
https://bringatrailer.com/listing/2006-mini-gp-20/
https://bringatrailer.com/listing/2006-mini-gp-5/
https://bringatrailer.com/listing/2006-mini-gp-16/
CLICKABLE LINK for the car the OP is talking about.
https://www.cargurus.com/Cars/invent...ting=258327671
.
Actually, This was sold last October on BringaTrailer
https://bringatrailer.com/listing/2006-mini-gp-22/
There have been three on Bring A trailer that sold for north of $30,000 recently. Probably the reason that the dealer is asking that price.
Not long before it pops back up on BAT, IMO.
Knee-Jerk reaction says 'greed' on 'flip' deals like this, but I'd try to maximize my profits too in the same shoes.
Still less than purchase price... still less than a new loaded Hyundai !!
Two at $36K, one at $35k
https://bringatrailer.com/listing/2006-mini-gp-20/
https://bringatrailer.com/listing/2006-mini-gp-5/
https://bringatrailer.com/listing/2006-mini-gp-16/
CLICKABLE LINK for the car the OP is talking about.
https://www.cargurus.com/Cars/invent...ting=258327671
.
Last edited by mountainhorse; 02-13-2020 at 10:24 PM.
#3
The following users liked this post:
mountainhorse (02-13-2020)
#4
This dealership (and their sister store Prestige) have been buying and flipping GPs for a while. Eventually they will let it go for a more reasonable price after sitting on the showroom floor a long time.
#5
They’ve had it for months. They’ve lowered the price and then actually raised it back up not that long ago. I’ve made a good offer but they won’t budge on the price. It has low miles but they aren’t low enough for that price. Plus it’s had 4 owners.
Last edited by krawzdogg; 02-14-2020 at 09:15 AM.
#7
A car with more owners most likely wasn’t taken care of as well. The maintenance records are usually incomplete too. That GP is also a northern car. It most likely wasn’t driven in the winters but I would definitely put it on a lift and look underneath before purchasing.
Trending Topics
#10
Unfortunately it’s too high to sell. BaT already showed where the top of the market is at for this car. It’s going to sit on the showroom floor for at least half a year.
Maybe they’ll pick up a GP3 buyer in the Spring who will go for this one instead, will look like a bargain in comparison.
The following users liked this post:
krawzdogg (02-16-2020)
Thread
Thread Starter
Forum
Replies
Last Post
Colton Ratcliffe
MINIs & Minis for Sale
1
09-19-2019 11:15 AM
larmini1
R50/R53 :: Hatch Talk (2002-2006)
18
03-02-2011 02:55 PM
sdanaher
R55 :: Clubman Talk (2008+)
24
03-20-2008 02:54 PM
Arly
All other MINI parts and items for Sale (archive)
1
12-26-2006 06:46 PM