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

R50/53 So what's this worth?

Thread Tools
 
Search this Thread
 
  #1  
Old 02-19-2008, 10:20 AM
jakay11's Avatar
jakay11
jakay11 is offline
4th Gear
Thread Starter
Join Date: Mar 2007
Location: Morristown, NJ
Posts: 540
Likes: 0
Received 0 Likes on 0 Posts
So what's this worth?

First, this is NOT a F.S. post... I'm hoping I won't need to sell!
BUT
I may need to, so I was trying to figure out what my baby is worth...

KBB has the price at 23K
NADA has it at 20K

Its a dark-silver '06 MCS w/ 35K mostly highway miles loc. in N.NJ
manual
space-gray cloth w/ drak gray inter.
LSD,
Cruise,
A UK-Mini imported silver union jack roof graphic
17" mini-not-so-lights w/ brand new GoodYear F1 GSD3s (not yet mounted)
and spare set of enkei 17" winter wheels with 1/2 worn Hakka's

No MODS (except the aftermarket winter wheels).
The car was CPO'd and has a 6yr 100K warr.

So George really worth 23K?
The mktplace has people in the 16-18K range...

Thanks for the help, as I'm just being research I hopefully won't need to follow through on...
 
  #2  
Old 02-19-2008, 11:34 AM
greengobln's Avatar
greengobln
greengobln is offline
5th Gear
Join Date: Jan 2008
Location: San Francisco, CA
Posts: 625
Likes: 0
Received 0 Likes on 0 Posts
i would say that the warranty is enticing and may grab you some extra. i would say 20K is a good answer.
 
  #3  
Old 02-19-2008, 12:01 PM
reelsmith.'s Avatar
reelsmith.
reelsmith. is offline
OVERDRIVE
Join Date: Jan 2007
Location: Ridgefield, CT
Posts: 5,010
Likes: 0
Received 11 Likes on 5 Posts
I bought my November '06 build MCS with 11 miles on it back in April of 2007 and paid $24K. The car has the upgrade sound system, cold weather package, premium package and the sport package.

So, I'm not so sure about $23K for an '06 MCS with 35K miles ...I think that would make my car worth more than I paid for it.

Dean.
 
  #4  
Old 02-19-2008, 06:05 PM
bighaeb's Avatar
bighaeb
bighaeb is offline
2nd Gear
Join Date: Jan 2008
Location: Aurora CO
Posts: 65
Likes: 0
Received 0 Likes on 0 Posts
I would say $20K would be a good starting point, but as you said. Many folks sell them below that. Quick sale would be 18.5K to 19K.

Did you check and see what edmunds.com has for your value? They have a great TMV system there...
 
  #5  
Old 02-19-2008, 07:04 PM
chpsk8's Avatar
chpsk8
chpsk8 is offline
5th Gear
Join Date: Feb 2007
Posts: 930
Likes: 0
Received 2 Likes on 2 Posts
Does the CPO warranty transfer to the next person? I was surprised that it didn't on my CPO'd Lexus. Mine had a 6 year 100,000 mile warranty that I thought would be a great resell plug. checked into it and it wouldn't transfer.
Not sure how Mini works that, but worth checking into.

As far as pricing you should look online at Autotrader.com, Cars.com, Craigslist.com, Ebay, etc.. Just look at cars within 100 miles of you. That should tell you what people in your area are willing to pay.
If you want a quick sale, price closer to trade in. If you want to squeeze every penny out, price it closer to KBB.
 
  #6  
Old 02-19-2008, 07:10 PM
Joser's Avatar
Joser
Joser is offline
2nd Gear
Join Date: Oct 2007
Location: gilroy Ca
Posts: 72
Likes: 0
Received 1 Like on 1 Post
aww man if your george is anything like my samantha i'd say he's priceless, sorry you have to get rid of your car.
 
  #7  
Old 02-19-2008, 08:25 PM
suss1173's Avatar
suss1173
suss1173 is offline
3rd Gear
iTrader: (8)
Join Date: Sep 2007
Location: Long Island, NY
Posts: 154
Likes: 0
Received 0 Likes on 0 Posts
The CPO stays with the car, regardless if you are the second or third owner.
 
  #8  
Old 02-20-2008, 08:44 AM
jakay11's Avatar
jakay11
jakay11 is offline
4th Gear
Thread Starter
Join Date: Mar 2007
Location: Morristown, NJ
Posts: 540
Likes: 0
Received 0 Likes on 0 Posts
BMW says that the CPO stays with the car, and checking Ebay, Craigslist, Autotrader, Edmunds, KBB all show that I'd be good in the 22-23K range!

20K would be a quick sale...
 
  #9  
Old 02-20-2008, 09:24 AM
eager2own's Avatar
eager2own
eager2own is offline
6th Gear
iTrader: (2)
Join Date: Oct 2006
Location: Southlake, TX
Posts: 2,374
Received 0 Likes on 0 Posts
I'm surprised edmunds is placing you in the 22-23k range. I just did a quick estimate, and unless you have some options and option packages not listed above, come up with a $17k range. You'll get some extra for the CPO -- but I wouldn't write off 20k as a quick sale.

For example: this guy's is loaded and with about same mileage and colors -- and he's not getting much response in the marketplace at $19k --
https://www.northamericanmotoring.co...d.php?t=128823
 

Last edited by eager2own; 02-20-2008 at 09:27 AM.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
RobbyD
MINIs & Minis for Sale
11
01-29-2019 01:22 PM
mauiguyharry
1st Gear
3
10-08-2015 06:53 PM
GAT
R56 :: Hatch Talk (2007+)
6
10-04-2015 07:27 PM
BlueCooperS
Stock Problems/Issues
3
09-25-2015 10:06 AM
yukinoinu
R50/R53 :: Hatch Talk (2002-2006)
11
09-25-2015 09:48 AM



Quick Reply: R50/53 So what's this worth?



All times are GMT -7. The time now is 07:25 AM.