Bubble finally burst?

Bubble finally burst?

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Discussion

Hobzy

Original Poster:

1,271 posts

212 months

Sunday 22nd June 2008
quotequote all
Seems the bubble has burst on MINIs being easy to sell and holding value. Mines dropped from £11500 in march to asking under £9000 for it now frown (still a reasonable price for a 5 year old car I know). Wrong time to try and sell a thirsty impractical car with high insurance and tax methinks. On the same day I first put mine on PH classifieds, there were 3 more pages by the end of the day, and most havent sold and have been reduced. Looks like I will need to take the next silly offer or it will never go. Whats more frustrating is that I never would have started the process if I had known it was going to get this low smile - serves me right for wanting a Kit car biggrin Anyone else in the same boat? The only saving grace was that I got what I wanted for all the Mods I took off...


frownfrownfrown

briSk

14,291 posts

227 months

Monday 23rd June 2008
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not quite the same boat.. but.. i had two original thoughts keep it for at least 5 years or change at 3... now going to keep it for ages.

i don't see the point of getting anything much quicker (so may as well keep it and potentially tune it a bit) in the modern world. we'll add a second car which will be asmall diseasel. but the MCS isn't that bad. it doesn;t need to be as uneconomical as it often is..it's like clarkson says - it's driving style.

my 3 year old superleggara ( hehe ) mcs chilli dsc with 29K miles isn't worth any more than £11k and probably less. but in the grand scheme of things £2k a year depreciation isn't that bad (and that's including the slide). if you want to cheer yourself go over to the porsche forum...


fergy

279 posts

224 months

Monday 23rd June 2008
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Think all cars are taking a hammering just now, and the Think all cars are taking a hammering just now, and the Supercharger MCS's are not good on fuel or tax frown

They do sound lovely though...

briSk

14,291 posts

227 months

Monday 23rd June 2008
quotequote all
the thing is whilst it isn;t great on economy (and it isn't awful on that) it isn't that bad to tax either - only £300 in th future... plenty of other things that are the same performance or slower at £400.. and even £400 isn;t that bad. people are worrying themselves unnecessarily in my view.

but as you say - evrything is dropping.

imagine if you'd 'invested' in a turbo 5 cyl ford s-max...

i have decided not to give a rats ass. hehe

Hobzy

Original Poster:

1,271 posts

212 months

Monday 23rd June 2008
quotequote all
I think the next offer on or over £8000 i will have to take. Tax is due and so is insurance. Plus I want the kitcar for the summer. Good to know its not just me though.

One thing I have learnt - get that stone chip protector stuff next time! - the amount of people put off by them - seem to be really obvious on the dark blue frown

fergy

279 posts

224 months

Tuesday 24th June 2008
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Never heard of anything 100% effective for stone chips... some of the clear palstics you can stick on are well expensive. Plus heard when you remove they end up leaving a line where they stopped.

I expect best way would be to price and get a front end re-spray, would be debateable if you'd get the cost back on resale though.

briSk

14,291 posts

227 months

Wednesday 25th June 2008
quotequote all
i have got a (lightly) stone chipped 'chrome' headlight surround. how annoying is that!?

you can get them 'blown in' rather than necessarily having the whole front end resprayed.

and i wish i'd gone down the plastic route too. as it does mostly protect. mine's not too bad as it hasn't been tracked..but it's still got a few chips. againm it could be worse..have you seen the average 350z...!?