How to value a MINI?
How to value a MINI?
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Discussion

s-x-i

Original Poster:

281 posts

70 months

Tuesday 20th January
quotequote all
Potentially thinking of moving on my wife's MINI, but struggling to value it.

As with most F56 models, the specification varies so much that the usual places, WBAC / Motorway, don't seem to adjust for individual options.

Anyone know of any sites that would value a car going on specification rather than just age, model and milage?

E-bmw

11,979 posts

173 months

Tuesday 20th January
quotequote all
It is a Mini, it is neither a specialist or niche car, just go on A/Trader etc & check the specs/age/mileage/model etc to come up with a ball-park figure & then work out what it is worth to you.

You are right about what you say about spec, but from my experience when buying one nobody actually knows what they are selling/buying anyway.

21TonyK

12,813 posts

230 months

Tuesday 20th January
quotequote all
Depends if you mean value for private sale or as a trade in. The latter could be anything and to be honest I dont think optional extras really have a significant effect on either.

The only time optional extras seem to count is if you are comparing absolute basic spec car with something that has the normal stuff like climate, CarPlay/BT and possibly nav although that is now superceded by google or apple maps etc.

Bespoke colours, interior options etc all all very well but they are the original purchasers choice not future owners and I would value them as such. Nice things that might differentiate a car from others when buying but thats about it.

GT4P

5,760 posts

206 months

Tuesday 20th January
quotequote all
Tried to sell our F56 JCW 18 plate 1 owner low miles etc privately last summer ended up going with motorway as usual clowns contacting and no bites. Was only about 5% down on what I wanted / advertised.
If you can hold of to spring might get better offers

E-bmw

11,979 posts

173 months

Tuesday 20th January
quotequote all
GT4P said:
Tried to sell our F56 JCW 18 plate 1 owner low miles etc privately last summer ended up going with motorway as usual clowns contacting and no bites. Was only about 5% down on what I wanted / advertised.
If you can hold of to spring might get better offers
Just curious, what makes you think spring will help car value?

GT4P

5,760 posts

206 months

Wednesday
quotequote all
E-bmw said:
Just curious, what makes you think spring will help car value?
Car prices tend to firm up in the spring though to July/August.

E-bmw

11,979 posts

173 months

Wednesday
quotequote all
GT4P said:
E-bmw said:
Just curious, what makes you think spring will help car value?
Car prices tend to firm up in the spring though to July/August.
Which would then be overcome by the few months additional age/mileage/wear.

Personally never seen any evidence of positive price influences when looking over these periods.

My previous 3 cars have been bought in summer after lengthy searches.