R56 What would you pay for an 09 used JCW Mini?
#26
12-24-2009, 06:40 AM
I've been thinking about this thread since yesterday. There's a show on HGTV called "Real Estate Intervention" where a local pro comes in and talks to people who are having trouble selling their house. The scenario is always similar, the sellers need to move on for whatever reason, oftentimes have already purchased another house, and their current house is languishing on the market. The pro realtor compares their house to other similar properties that are for sale and have recently sold, and the verdict is pretty much always the same....the seller's price is too high. His mantra is "the market sets the price, not the seller." The OP is apparently happy with the price he got for a lightly used Corvette, well someone out there wants to be happy with the price they got for a lightly used JCW but apparently the price is not there yet.
#27
12-24-2009, 09:20 AM
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On the flip side, I can say it's dumb to buy a new car for the simple fact of when you drive it off the lot, you're already in negative equity right off the bat, and commited to that car for months, assuming you didn't put a down payment on it. But even if you did, that money's gone, you'll never get it back.
Where as you buy slightly used, someone else has already taken that initial plunge of value. My case in point, $8k off a car with 8500 miles and is 8 months old? I'll take it! Now I'll take the plunge in spending thousands of dollars in mods that I'll never get back.
#28
12-24-2009, 01:53 PM
'Nuff said. I saved $8,000 on my MINI. $133/mo buys a ton of gas in a MINI.
On the flip side, I can say it's dumb to buy a new car for the simple fact of when you drive it off the lot, you're already in negative equity right off the bat, and commited to that car for months, assuming you didn't put a down payment on it. But even if you did, that money's gone, you'll never get it back.
Where as you buy slightly used, someone else has already taken that initial plunge of value. My case in point, $8k off a car with 8500 miles and is 8 months old? I'll take it! Now I'll take the plunge in spending thousands of dollars in mods that I'll never get back.
On the flip side, I can say it's dumb to buy a new car for the simple fact of when you drive it off the lot, you're already in negative equity right off the bat, and commited to that car for months, assuming you didn't put a down payment on it. But even if you did, that money's gone, you'll never get it back.
Where as you buy slightly used, someone else has already taken that initial plunge of value. My case in point, $8k off a car with 8500 miles and is 8 months old? I'll take it! Now I'll take the plunge in spending thousands of dollars in mods that I'll never get back.
#29
12-24-2009, 04:12 PM
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#30
12-24-2009, 06:18 PM
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That's what I said when the first JCW came out. $30k for a MINI is ridiculous, the fact they were "cheap" in comparison and for what you were getting made them even more appealing to me then. Well look at me now...
#31
12-25-2009, 06:50 PM
What was the original MSRP, price you paid, and mileage? Was it from a dealer or private party?
#32
12-26-2009, 10:50 AM
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They had my '09 Clubbie JCW for sale w/ 8500 miles for $28,999 at dealer. After tax's and a JCW front bumper and brake ducts, reached just below $32k. It pretty much only had a sunroof, auto climate, bi-xenon projectors from what I can tell. Window sticker I believe was $37k.
#37
12-31-2009, 01:26 PM
I had a "sold" house once that I moved out of and got down to 2 days before the closing that fell through.
#39
01-02-2010, 07:12 PM
OVERDRIVE
When you drive home in a new car it's worth about 90% of what you paid for it the next morning (on the average, of course there are exceptions). At the end of the first year it's worth about 80%, at the end of 2 years about 70% (if you're lucky and have a desireable car--if it's a truck forget about it lol). After 3 years you're lucky to get 65% if it's in good shape that is. That's the deal.
#40
01-03-2010, 08:40 AM
#41
01-03-2010, 10:54 AM
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When you drive home in a new car it's worth about 90% of what you paid for it the next morning (on the average, of course there are exceptions). At the end of the first year it's worth about 80%, at the end of 2 years about 70% (if you're lucky and have a desireable car--if it's a truck forget about it lol). After 3 years you're lucky to get 65% if it's in good shape that is. That's the deal.
#42
01-03-2010, 06:34 PM
Looks like it might fall through, buyer having trouble w/ financing even though they have six-figure income. Awesome. Still hoping for the best from another lender.
#43
01-10-2010, 07:31 PM
I'd be interested, except I hate the color (sorry!). Very reasonable price, really surprised somebody hasn't jumped on this (who can afford it!). If it was yellow or silver, I'd be very, very tempted.
#44
01-10-2010, 08:03 PM
#46
01-10-2010, 11:31 PM
#48
01-14-2010, 09:23 AM
#49
01-14-2010, 04:11 PM
Paid less than 26k for my brand new 0 mile 2009 jcw.
At that price I would find a closeout 2009 jcw at a Mini dealer,take advantage of the low apr loan thru mini and instead of usedcar with only remainder of warranty and no lemonlaw protection you get New car with a newcar warranty and state lemonlaw protection.
#50
01-14-2010, 08:21 PM
Paid less than 26k for my brand new 0 mile 2009 jcw.
At that price I would find a closeout 2009 jcw at a Mini dealer,take advantage of the low apr loan thru mini and instead of usedcar with only remainder of warranty and no lemonlaw protection you get New car with a newcar warranty and state lemonlaw protection.
At that price I would find a closeout 2009 jcw at a Mini dealer,take advantage of the low apr loan thru mini and instead of usedcar with only remainder of warranty and no lemonlaw protection you get New car with a newcar warranty and state lemonlaw protection.