What’s it worth?
What’s it worth?
Author
Discussion

DonnyMac

Original Poster:

3,634 posts

232 months

Tuesday 11th May 2010
quotequote all
This isn’t an ad but an exploratory.

Many of you have expressed an interest if I were to sell – but what’s it worth?

  • 4.5
  • Joo – 411 bhp
  • APM – exclusive maintenance
  • 46k
  • Heavily stone chipped
£18,250?

Thoughts?

D.

davidd

6,713 posts

313 months

Tuesday 11th May 2010
quotequote all
Is that an R reg?

Whats standard and whats been upgraded?

Personally I think the price is a little high, I paid a £15,500 for a 2000 4.5 lw last autumn, more miles than yours but later care, recent front end respray.

Great colour.

D

DonnyMac

Original Poster:

3,634 posts

232 months

Tuesday 11th May 2010
quotequote all
davidd said:
Is that an R reg?

whats been upgraded?
'98 - everything biggrin

high52kojak

505 posts

226 months

Tuesday 11th May 2010
quotequote all
Has the engine been rebuilt?

DonnyMac

Original Poster:

3,634 posts

232 months

Tuesday 11th May 2010
quotequote all
high52kojak said:
Has the engine been rebuilt?
Of course not, it’s a 4.5 v8 – it’s as strong as an ox and gets driven near daily.
The car is well known on here.

touching cloth

11,706 posts

268 months

Tuesday 11th May 2010
quotequote all
Hand on heart Don (and fearing for the wrath of JensenA, when he reads this hehe) I think £18+ would be very ambitious for a '98. IMO the only 2 major things that might work in favour to get that sort of money for a '98 car, are it having had a recent & documented chassis out refurb to zero age it and/or engine rebuild again to zero age that, better still with a warranty - appreciate your car probably needs neither but a buyer buying and looking to justify paying top end for the year, would like to see one of those I expect. A quick look in the classifieds seems to show a 98 sold at the money (or at least was up for that money) but had a galv chassis which is probably what justified it to the buyer. Might be worth getting the front touched up if it is bad as well, people will more than likely mark it down in their heads on this more than the cost of actually doing it. Lots are remember, swayed by shiny shiny pretty.

JensenA

5,671 posts

259 months

Tuesday 11th May 2010
quotequote all
touching cloth said:
Hand on heart Don (and fearing for the wrath of JensenA, when he reads this hehe) I think £18+ would be very ambitious for a '98. IMO the only 2 major things that might work in favour to get that sort of money for a '98 car, are it having had a recent & documented chassis out refurb to zero age it and/or engine rebuild again to zero age that, better still with a warranty - appreciate your car probably needs neither but a buyer buying and looking to justify paying top end for the year, would like to see one of those I expect. A quick look in the classifieds seems to show a 98 sold at the money (or at least was up for that money) but had a galv chassis which is probably what justified it to the buyer. Might be worth getting the front touched up if it is bad as well, people will more than likely mark it down in their heads on this more than the cost of actually doing it. Lots are remember, swayed by shiny shiny pretty.
hehe I was going to say much the same thing. Cerb prices are still pretty low. We have to be realistic and remember that they are very much a niche car with a very low demand. If you are not desperate to sell, then just place an add for that price and see what happens, you never know.
The easy solution is don't sell it, keep it sweet and one day they will be worth good money.

ajp70

543 posts

215 months

Tuesday 11th May 2010
quotequote all
When you want to sell, try it. You can always come down but you can't haggle up.

malc_grn

48 posts

230 months

Tuesday 11th May 2010
quotequote all
That was mine that sold recently with the galv chassis, I put it on for £18,250 thinking if I get no interest I'll just have to keep it!!! and the wife will have to wait for her Elise and new windows etc....

But typical when you're not bothered / sure about selling somthing it was gone within a week!

I was being very optimistic with price and settled on a more realistic price of £17k, which I felt was still strong money so couldn't turn it down. But it was a good car so worth every penny IMHO.

Good luck with the sale, £18,250 didn't stop the buyer calling me, so put it up for that and see what happens.

Steve_T

6,356 posts

301 months

Tuesday 11th May 2010
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Can we get gazzab banned from this thread so he doesn't talk the prices down?

FUBAR

17,065 posts

267 months

Tuesday 11th May 2010
quotequote all
hehe

Gazzab

21,640 posts

311 months

Tuesday 11th May 2010
quotequote all
Having spent a fortune (note I didn't use the word small) on mine of late (making good the ills of previous garages and a manufacturing prob that was quite well hidden) I won't be talking down prices!
A well sorted car has GOT to be worth a premium. So the right upgrades and the right condition engine and chassis should really command a premium. 18k for a 98 4.5 and it would need to be fantastic. If it is go for it. I would want well into the 20's for mine. Everything is either new or rebuilt.

bobbins

1,413 posts

236 months

Tuesday 11th May 2010
quotequote all
Price sounds fair to me if it was a more 'sensible' colour and wasn't stone-chipped.

Mine's a 98 and having had an upgrade or two done since I got it I was thinking the other day it's gotta be worth around £18k now.

A well looked after 4.5 with the right upgrades and good mileage will always command a premium. People will pay good money for the right car and if you don't ask, you don't get.

All IMHO of course. And I ain't selling it yet ;-)

Edited by bobbins on Tuesday 11th May 17:46

DonnyMac

Original Poster:

3,634 posts

232 months

Tuesday 11th May 2010
quotequote all
Thanks for the feedback all.

I’ve always valued the car at £18k in my head (lots of other silly things go on in there as well), but as others have mentioned I saw the ’98 at £18,250 as well and it stuck in my mind.

I know mine hasn’t had an engine rebuild, as it isn’t necessary, or a chassis refurb, as Andy said it was in tip-top condition – but if I had a couple of hours spare to actually list in an ad what I’ve done to the car – well APM has – I think it would be clear to a potential buyer that the car had a ‘cheque book owner’ ie: if it needs doing, it gets done, immediately and always.

I just wasn’t sure if that was enough to command the higher values, even though I feel it is because I’ve been the one signing all those cheques over the years laugh

FarmyardPants

4,372 posts

247 months

Tuesday 11th May 2010
quotequote all
Couldn't agree more. Andy - when are you gonna start taking credit cards?

.Mark

11,104 posts

305 months

Tuesday 11th May 2010
quotequote all
FarmyardPants said:
Andy - when are you gonna start taking credit cards?
Oh yeswink

AL 123

201 posts

218 months

Tuesday 11th May 2010
quotequote all


hehe I was going to say much the same thing. Cerb prices are still pretty low. We have to be realistic and remember that they are very much a niche car with a very low demand. If you are not desperate to sell, then just place an add for that price and see what happens, you never know.
The easy solution is don't sell it, keep it sweet and one day they will be worth good money.
[/quote]

Do you think the prices are to low? I was also thinking of selling up, had it 2 years, 4.5 2001 with an upgrade, low 30K miles. From the classified's on here, looks like i'd get a fair bit more than paid for it, or are people generally getting knocked down a lot

ttmr

175 posts

204 months

Wednesday 12th May 2010
quotequote all
In March I paid £19000 for my 2001 4.5 23000 miles, pretty much standard but very nice condition,Rob Ingleby thought this was about right,truth is so many factors affect value,not least what the buyer is looking for. Give it a go,you've got nothing to lose!

gizzer

671 posts

235 months

Wednesday 12th May 2010
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Sold mine for near that. 4.5 1998 top spec cerb

Pursyluv

1,949 posts

203 months

Wednesday 12th May 2010
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Paid just over £14k in December 09 for a late 2000 4.5, which on paper looks quite good value, BUT i have had to spend over £2k on it since then - still feels good value though