MINI2

Overboost-Rich · Aug 6th, 2007, 09:14 PM

I have read with interest the details of the pending JCW 192bhp tuning kit for the MCS. I just wondered, as it is an official upgrade, supplied with a certificate of authenticity, will it have an effect on the retained value of a car fitted with the kit?

I know that an upgrade like this is to be enjoyed, but it would be nice to know when spending in the region of £1500 that I might see some of the value back when it comes to trade in time!

Does anyone have experience of the effect of having fitted a JCW tuning kit on a 1st Gen MCS residual value?

Paul · Aug 6th, 2007, 10:10 PM

You'll never get back the full price, like any option really. It may increase desirability for some, but many others may steer clear of them as they'll be harder to insure and may be treated more harshly, as with any "tuned" car.

msh441 · Aug 7th, 2007, 12:57 AM

Never 100%, sure... but I bet a "JCW" badged car fetches more money on the used market than an equally equipped & modded MCS.

Paul · Aug 7th, 2007, 07:16 AM

It should do, but it wont get back 100% of the extra cost of conversion, so you're still losing more money. Just like a high specced car really, it may increase the appeal and you you may get more, but not the value of the extras.

msh441 · Aug 7th, 2007, 08:54 AM

Quote: Originally Posted by Paul Mullett (original)

It should do, but it wont get back 100% of the extra cost of conversion, so you're still losing more money. Just like a high specced car really, it may increase the appeal and you you may get more, but not the value of the extras.

C'mon, Paul... can't you see I'm trying to rationalize my way into a JCW kit later this month!

Or at least I'm hoping it's later this month. Delays, delays, delays.

Japper · Aug 7th, 2007, 09:09 AM

I asked my dealer to get confirmation from Mini finance on this and they have set the retained value at £600. When you consider that there are dealers fitting this for £1200, you get the enjoyment and the warranty then it's a bargain.

Arnbut · Aug 7th, 2007, 01:02 PM

I'm telling my wife it will...

LMB · Aug 7th, 2007, 01:35 PM

Quote: Originally Posted by msh441 (original)

Never 100%, sure... but I bet a "JCW" badged car fetches more money on the used market than an equally equipped & modded MCS.

I don't think they do. As someone who always thought they would I think the reality is far different. It's more to do with the cost of your car more than anything else. The higher the spec the more you'll loose.

Japper · Aug 7th, 2007, 01:49 PM

Quote: Originally Posted by LMB (original)

I don't think they do. As someone who always thought they would I think the reality is far different. It's more to do with the cost of your car more than anything else. The higher the spec the more you'll loose.

Equivalent spec for spec, a JCW car will always fetch more than a standard. Market forces will always deem there to be a gap between the two, just as there is between a cooper and a one or a 330i and a 325i etc. etc.

The previous ( R53 ) JCW didn't keep much of it's value because it was overpriced compared to aftermarket tuners. This 192 kit is value for money so will definately perform better financially.

CC07ERS · Aug 7th, 2007, 02:13 PM

Dont spend the money thinking it will increase the resale, do it cause you want to. This spec for resale is a major loser, when it comes time to trade you will regrete all the extras . I did big time.

Paul · Aug 7th, 2007, 02:15 PM

It will be worth more, I don' think anyone is arguing with that, but it will be worth less than the cost of the JCW kit, so you're going to lose more money with it than without. Also while the JCW may be more desirable, it also makes the car less easy to insure and will possibly worry people that the car has been tracked or treated more harshly because it's "tuned", OEM or otherwise.

Aug 6th, 2007, 09:14 PM	#1
Overboost-Rich Proud R56 MCS Owner! Join Date: Jul 2007 Local Time: 07:09 PM Posts: 52 Offline	R56 MCS JCW Tuning Kit - Will It Increase Residuals? I have read with interest the details of the pending JCW 192bhp tuning kit for the MCS. I just wondered, as it is an official upgrade, supplied with a certificate of authenticity, will it have an effect on the retained value of a car fitted with the kit? I know that an upgrade like this is to be enjoyed, but it would be nice to know when spending in the region of £1500 that I might see some of the value back when it comes to trade in time! Does anyone have experience of the effect of having fitted a JCW tuning kit on a 1st Gen MCS residual value?

Aug 7th, 2007, 12:57 AM	#3 (permalink)
msh441 MINI2 Senior Join Date: Aug 2006 Location: Pacific NW Local Time: 11:09 AM Posts: 439 Offline	Never 100%, sure... but I bet a "JCW" badged car fetches more money on the used market than an equally equipped & modded MCS. Founding member of R56 Anonymous: "Hello. My name is Mike. I'm a driving enthusiast... and I still like the R56"

Aug 7th, 2007, 08:54 AM	#5 (permalink)
msh441 MINI2 Senior Join Date: Aug 2006 Location: Pacific NW Local Time: 11:09 AM Posts: 439 Offline	Quote: Originally Posted by Paul Mullett (original) It should do, but it wont get back 100% of the extra cost of conversion, so you're still losing more money. Just like a high specced car really, it may increase the appeal and you you may get more, but not the value of the extras. C'mon, Paul... can't you see I'm trying to rationalize my way into a JCW kit later this month! Or at least I'm hoping it's later this month. Delays, delays, delays. Founding member of R56 Anonymous: "Hello. My name is Mike. I'm a driving enthusiast... and I still like the R56"

Aug 7th, 2007, 09:09 AM	#6 (permalink)
Japper MINI2 Master My Classifieds Join Date: Jul 2006 Location: Oil Country Local Time: 07:09 PM Posts: 930 Offline	I asked my dealer to get confirmation from Mini finance on this and they have set the retained value at £600. When you consider that there are dealers fitting this for £1200, you get the enjoyment and the warranty then it's a bargain. 06 HB/W MCS Chilli

Aug 7th, 2007, 01:02 PM	#7 (permalink)
Arnbut Manic Hill-Dweller Join Date: Jun 2007 Location: Canton, Georgia Local Time: 02:09 PM Posts: 205 Offline	I'm telling my wife it will... Safety fast, Bill

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Aug 6th, 2007, 10:10 PM	#2 (permalink)
Paul Trained Monkey My Classifieds Join Date: Jan 2001 Location: Bedfordshire Local Time: 07:09 PM Posts: 40,555 Offline	You'll never get back the full price, like any option really. It may increase desirability for some, but many others may steer clear of them as they'll be harder to insure and may be treated more harshly, as with any "tuned" car.

Aug 7th, 2007, 07:16 AM	#4 (permalink)
Paul Trained Monkey My Classifieds Join Date: Jan 2001 Location: Bedfordshire Local Time: 07:09 PM Posts: 40,555 Offline	It should do, but it wont get back 100% of the extra cost of conversion, so you're still losing more money. Just like a high specced car really, it may increase the appeal and you you may get more, but not the value of the extras.

Aug 7th, 2007, 01:35 PM	#8 (permalink)
LMB Toon Toon.. My Classifieds Join Date: Aug 2001 Location: Up North Local Time: 07:09 PM Posts: 24,871 Offline	Quote: Originally Posted by msh441 (original) Never 100%, sure... but I bet a "JCW" badged car fetches more money on the used market than an equally equipped & modded MCS. I don't think they do. As someone who always thought they would I think the reality is far different. It's more to do with the cost of your car more than anything else. The higher the spec the more you'll loose. Global Moderator

Aug 7th, 2007, 01:49 PM	#9 (permalink)
Japper MINI2 Master My Classifieds Join Date: Jul 2006 Location: Oil Country Local Time: 07:09 PM Posts: 930 Offline	Quote: Originally Posted by LMB (original) I don't think they do. As someone who always thought they would I think the reality is far different. It's more to do with the cost of your car more than anything else. The higher the spec the more you'll loose. Equivalent spec for spec, a JCW car will always fetch more than a standard. Market forces will always deem there to be a gap between the two, just as there is between a cooper and a one or a 330i and a 325i etc. etc. The previous ( R53 ) JCW didn't keep much of it's value because it was overpriced compared to aftermarket tuners. This 192 kit is value for money so will definately perform better financially. 06 HB/W MCS Chilli

Aug 7th, 2007, 02:13 PM	#10 (permalink)
CC07ERS TYPE R GT VTEC POWERED My Classifieds Join Date: Jun 2006 Location: Type R GT Local Time: 07:09 PM Posts: 2,721 Offline	Dont spend the money thinking it will increase the resale, do it cause you want to. This spec for resale is a major loser, when it comes time to trade you will regrete all the extras . I did big time.

Aug 7th, 2007, 02:15 PM	#11 (permalink)
Paul Trained Monkey My Classifieds Join Date: Jan 2001 Location: Bedfordshire Local Time: 07:09 PM Posts: 40,555 Offline	It will be worth more, I don' think anyone is arguing with that, but it will be worth less than the cost of the JCW kit, so you're going to lose more money with it than without. Also while the JCW may be more desirable, it also makes the car less easy to insure and will possibly worry people that the car has been tracked or treated more harshly because it's "tuned", OEM or otherwise.

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