How much is it worth?

[maxmc2]

MK3 Golf 2.0 GTI 16V
119,000 miles
No tax, no MOT, miner work needed to get it back on the road.

Planning on buying to do it up and sell it on, any thoughts much appreciated.

[Dr G]

Would sell for 12-1500 if it's nice and tidy.

[aka_kerrly]

with no MOT & Tax i fail to see how its more than £200 and that is being kind.

Although having said that with a dose of VW tax £500 could be nearer the mark.

with T&T then £1000-1500 is the top end of the market for these things now and for that money id expect good paint, Recaro interior, air con as well as service history.

dave

[wrighty78]

I think the good Doctor is pretty much bang on, if it's in good condition and MOT'd.

I've not long since bought one on ebay as the daily driver, for a smidge over a grand.

1997 (P) with air con, ABS, full MOT, three months tax, 105k miles, cloth (very clean) interior, very good paintwork (aside from a scratch on the back door) and FSH.

I've just spent a couple of hundred getting the cam belt and alternator belt changed, as a precaution.

[aka_kerrly]

wrighty78 said:

I think the good Doctor is pretty much bang on, if it's in good condition and MOT'd.

But it isnt MOT'd and how many times have you seen a car for sale that says it needs minor work for its MOT. If its minor work and a £50 MOT that will double the value of the car why not do it...

Still wouldnt pay a penny more than £500 for a mk3 16v needing 'Minor' work.

dave

[edc]

If I saw that for sale at £1500 I'd probably buy an Ibiza. I sold my old one for £1100, same engine, 100k, same size but uprated brake discs and pads, uprated anti-roll bars, loads of MOT and some tax, no rust but a minor dent on front wing (repaired by me).

[wrighty78]

aka_kerrly said:

wrighty78 said:

I think the good Doctor is pretty much bang on, if it's in good condition and MOT'd.

But it isnt MOT'd and how many times have you seen a car for sale that says it needs minor work for its MOT. If its minor work and a £50 MOT that will double the value of the car why not do it...

Still wouldnt pay a penny more than £500 for a mk3 16v needing 'Minor' work.

dave

We agree then (on the first bit anyway).

And I agree with your warning to the OP that it could be a moneypit.

My point (although perhaps not expressed very well) is that the market price for fully MOT'd and reasonably well looked after examples seems to be around the 1200-1500 mark. So if the OP knows what's wrong with it, knows how much it'll cost to fix and he buys with his eyes open, there's maybe a bargain to be had. Or a moneypit.

Edited by wrighty78 on Tuesday 20th April 14:44

[5harp3y]

I bought a mk3 gti (albeit 8v) with a years test on it for £500

i wouldn't even consider a mk3 for anymore than that if it was untested / taxed and 'needed work'

take the time to whack a test on it and it will be worth £1500

case in point, friend bought a mk3 vr6 without test for £300, sorted the steering rack for £50 and sold it for £1400 with test (quick sale was needed, couldve got more)

biggest thing to diagnose is how much work is needed to get it through a MOT?