Yet another valuation question

[C8PPO]

So, I'm thinking of selling up. Nothing to do with the car, I just fancy a change, and in 2 years time I may be driven towards a company car, so I'm looking to try something else in the meantime.

My Monaro is a 2006/56 6.0 VXR which has been my daily drive since I bought it 3 years ago from Quickcars. Now showing 47k miles. Full service history, initially Greens then Monkfish. Virtually standard apart from the Road Reponse pac and some unsilenced tail pipes (have the originals though). 4 new tyres at Christmas and wheels refurbished at the end of last year. In good shape all round.

So, what does our collective wisdom think it would be worth as a private sale? Would prefer that if I can get a buyer, rather than trading it, as it gives me more to play with on the next car.

TIA.

Edited by C8PPO on Wednesday 10th March 11:14

[Wolfracer]

guess around 13-14k. all depends what someone wants to pay though! If you're in no rush then try it a premium price and hope someone comes along.

Slightly OT I spoke to a car dealer who admitted his prices were OTT, but said that thry could wait over a year for a sale at the higher price, and because the vehicle is stationary, its not adding mileage or wear, so its perceived worth actually goes up over time compared to others in the market place!

[djwilk]

I don't think it's true. I work for a franchise dealer as well and the truth is that if you can't shift the car quickly, you start reducing the price. It is because in a year's time equivalents will be selling cheaper 'coz they will book at less money therefore another dealer might do cheaper prices while the one that has not sold for a year is still there owing as much as another dealer is selling one for retaining decent margin.
I hope it makes sense.

Edited by djwilk on Wednesday 10th March 17:26

[vr6man]

I had a 56 plate 6.0 vxr. immaculate condition 30k on the clock. completely standard. got £14k for it part ex on my vxr8. and that was the best price I was offered on it. bit upsetting as i'd paid 24k for it a year earlier but never mind !! i can't think of a more rewarding way to waste 10 grand

sorry just realised you were talking about private sale etc.

Edited by vr6man on Wednesday 10th March 20:17

[Wolfracer]

djwilk said:

I don't think it's true. I work for a franchise dealer as well and the truth is that if you can't shift the car quickly, you start reducing the price. It is because in a year's time equivalents will be selling cheaper 'coz they will book at less money therefore another dealer might do cheaper prices while the one that has not sold for a year is still there owing as much as another dealer is selling one for retaining decent margin.
I hope it makes sense.

Edited by djwilk on Wednesday 10th March 17:26

Makes sense - in a years time all cars will have lost some value, however low mileage, good condition ones seem to sell for significantly more, so maybe a double edged sword. I've been looking at works vehicles recently from anywhere between 1k and 4k for the same model and year! Incredible!

The franchise dealer walked away from the sale to us - cash purchase no px. He would NOT move on his £2k over inflated price, so we travelled 20 miles and bought the same spec from an indie garage....