MINI2

Josh27 · Jul 5th, 2007, 03:21 PM

Is there much of a market for private second hand Mini's? I've got mine advertised on here, Autotrader and Pistonheads (plus various forums), and I've not had one single call or email!

Just thinking that people maybe don't fancy parting with a fair bit of money for a 3+ year old car, without the fall back of a warranty?

Worried...

Paul · Jul 5th, 2007, 03:24 PM

This is the rub of the MINI cherished scheme. People know they'll pay more from a dealer, but they feel assured by the warranty and "dealer service" that scheme offers.

It's hard. But make sure you have your price right, your adverts well phrased, and have good photos of your car to show too!

Good luck.

Josh27 · Jul 5th, 2007, 03:31 PM

Yes, that's exactly my thought. Seems as though dealers cars tend to be £1000 more than private, but when spending a substantial amount on a car, that is a small amount for a warranty etc.

I feel my advert is decent, it has all the information a potential buyer could need, as well as good photos of the car, both inside and out.

I was expecting a quick sale, I thought a Mini with extras would shift like a hot cake. Maybe not. Will keep trying...

minicabrio · Jul 5th, 2007, 03:49 PM

Its a tough market at the moment!!

We've been trying to sell Mums Mercedes SL for a few months now.... eventually had a phone call, and the chap has bought it.

miniboyblue · Jul 5th, 2007, 03:58 PM

The issue of a warranty should not be the real issue as a dealer will only offer a warranty for one year on a Mini over 3 years old, and I personally think that paying the dealer profit margin is well over the odds for 1 year of cover. If any potential buyer is that worried about the margin they can take on out personaly with a private compnay.

Colour is a very important area Josh and the BRG is unfortuantely not the most popular colour.

AMT · Jul 5th, 2007, 04:01 PM

The rarity can be an advantage too - those wanting one will have fewer to choose from = more callers! Mine went within a week of being advertised after two calls, both parties had been looking for a BRG/W cooper for a while but complained there were so few around!

MINI-Morgan · Jul 5th, 2007, 04:13 PM

Whole market is on a low at the moment.... still got mine for sale too.

MartinSSZ · Jul 5th, 2007, 05:37 PM

Hang in there is all I can say, I too was a bit surprised at the slow response when I put my Cooper up for sale, took about 6 weeks to sell it in the end.

FunFindus · Jul 6th, 2007, 08:59 AM

I bought mine privately and the lady had been trying for a month. Hang in there and keep it polished!

MartinSSZ · Jul 6th, 2007, 09:45 AM

The S Works I bought had also been up for sale for quite a while, and apparently I was the only person to go and see it

Josh27 · Jul 6th, 2007, 12:10 PM

Still no calls

Autotrader magazine comes out today with my car in, so hopefully will get some over the weekend. At this rate, I'll be tempted to chop it in and get a ridiculously low price from a dealer!

FunFindus · Jul 6th, 2007, 12:17 PM

Can you post a link of it for Autotrader?

GR33NIE · Jul 6th, 2007, 01:13 PM

There's alot more MINI's in the used car market these days, totally agree with Paul though, check the price is about right, be as detailed as you can with the description and get some cracking pics up

I had no immediate interest last year when mine was up for sale, I part ex'd it in the end

TonyFoy · Jul 6th, 2007, 08:27 PM

I read an article about BCA having dedicated auctions for mini's each month with 80 cars and pretty good typical prices.

Moderator I can't post links but search google 'mini auction nottingham easier' and check the first link and add. Cheers

JAMIE1131 · Jul 7th, 2007, 01:44 PM

Quote: Originally Posted by miniboyblue (original)

The issue of a warranty should not be the real issue as a dealer will only offer a warranty for one year on a Mini over 3 years old, and I personally think that paying the dealer profit margin is well over the odds for 1 year of cover. If any potential buyer is that worried about the margin they can take on out personaly with a private compnay.

Colour is a very important area Josh and the BRG is unfortuantely not the most popular colour.

I've had well over a £1000 pounds of work under my cherished warranty! I didn't especially go out to buy from a dealer, and if I was looking for another I would still look privately as well but the main dealer warranty is a big benefit. I've always found the trick to selling quick is being very competitively priced and keep the car looking mint at all times. Also try advertising on ebay. it only costs a few quid and gets a massive audience. With a buy it now price your not restricted to waiting until the end of the auction, and if anyone does come and see you and makes an offer you can always end the auction early!

Josh27 · Jul 8th, 2007, 10:30 AM

Ah well, I've lowered the price to £8999 now on here, Autotrader, Pistonheads etc. So fingers crossed, will get a call now...or something!

ALD0 · Jul 8th, 2007, 11:41 AM

I've seen some fantastic bargains in the Classifieds recently, especially a High Specced Cooper, If I was on the lookout for a new MINI, I would always search private over dealer firstly.
As prev mentioned the whole market for second hand cars is down, i'm sure persistance will pay off, you have got your car covered where most people would look to find a decent buy.

Josh27 · Jul 11th, 2007, 06:00 AM

Well I'm going to view a new car on Saturday, the dealer has offered me £8250 for it (low I know

). So my car is now down to £8750 on eBay, Autotrader etc. Someone could have themselves a right bargain Cooper

humph · Jul 11th, 2007, 07:28 AM

Surprised there is no interest. Autoexpress this week reported that the demand for used MINIs is so strong that British car auctions have set up a dedicated MINI auction. Good luck.

Paul · Jul 11th, 2007, 07:46 AM

That's sort of back to front, if demand was so high, they wouldn't get to auction houses in big numbers, they'd be sold at a good price/premium by private sellers or dealers.

Jul 5th, 2007, 03:21 PM	#1
Josh27 Loving my MINI adventure My Classifieds Join Date: Feb 2007 Location: Cambridge Local Time: 11:24 PM Posts: 74 Offline	Market for private second hand Mini's? Is there much of a market for private second hand Mini's? I've got mine advertised on here, Autotrader and Pistonheads (plus various forums), and I've not had one single call or email! Just thinking that people maybe don't fancy parting with a fair bit of money for a 3+ year old car, without the fall back of a warranty? Worried...

Jul 5th, 2007, 04:13 PM	#7 (permalink)
MINI-Morgan MINI Obsessed... My Classifieds Join Date: Nov 2003 Location: Southampton, Hants Local Time: 11:24 PM Posts: 4,610 Offline	Whole market is on a low at the moment.... still got mine for sale too. One Man, One Project......find out what happens next at MINIProject.co.uk For MINIs in the south it can only be South Coast New MINI Club

Jul 6th, 2007, 01:13 PM	#13 (permalink)
GR33NIE Polo GT Owner! Join Date: Aug 2004 Location: Oxfordshire Local Time: 11:24 PM Posts: 3,769 Offline	There's alot more MINI's in the used car market these days, totally agree with Paul though, check the price is about right, be as detailed as you can with the description and get some cracking pics up I had no immediate interest last year when mine was up for sale, I part ex'd it in the end ::MINI Sold! Polo GT Owner::

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Jul 5th, 2007, 03:24 PM	#2 (permalink)
Paul Trained Monkey My Classifieds Join Date: Jan 2001 Location: Bedfordshire Local Time: 11:24 PM Posts: 40,555 Offline	This is the rub of the MINI cherished scheme. People know they'll pay more from a dealer, but they feel assured by the warranty and "dealer service" that scheme offers. It's hard. But make sure you have your price right, your adverts well phrased, and have good photos of your car to show too! Good luck.

Jul 5th, 2007, 03:31 PM	#3 (permalink)
Josh27 Loving my MINI adventure My Classifieds Join Date: Feb 2007 Location: Cambridge Local Time: 11:24 PM Posts: 74 Offline	Yes, that's exactly my thought. Seems as though dealers cars tend to be £1000 more than private, but when spending a substantial amount on a car, that is a small amount for a warranty etc. I feel my advert is decent, it has all the information a potential buyer could need, as well as good photos of the car, both inside and out. I was expecting a quick sale, I thought a Mini with extras would shift like a hot cake. Maybe not. Will keep trying...

Jul 5th, 2007, 03:49 PM	#4 (permalink)
minicabrio Back in a MINI Join Date: Jan 2004 Location: Hampshire Local Time: 11:24 PM Posts: 14,991 Offline	Its a tough market at the moment!! We've been trying to sell Mums Mercedes SL for a few months now.... eventually had a phone call, and the chap has bought it.

Jul 5th, 2007, 03:58 PM	#5 (permalink)
miniboyblue GTT........See Yah Join Date: Jul 2004 Location: Radlett,Herts Local Time: 11:24 PM Posts: 433 Offline	The issue of a warranty should not be the real issue as a dealer will only offer a warranty for one year on a Mini over 3 years old, and I personally think that paying the dealer profit margin is well over the odds for 1 year of cover. If any potential buyer is that worried about the margin they can take on out personaly with a private compnay. Colour is a very important area Josh and the BRG is unfortuantely not the most popular colour.

Jul 5th, 2007, 04:01 PM	#6 (permalink)
AMT MINI2 Senior Join Date: Sep 2003 Location: Edinburgh Local Time: 11:24 PM Posts: 462 Offline	The rarity can be an advantage too - those wanting one will have fewer to choose from = more callers! Mine went within a week of being advertised after two calls, both parties had been looking for a BRG/W cooper for a while but complained there were so few around!

Jul 5th, 2007, 05:37 PM	#8 (permalink)
MartinSSZ Yellow and Proud My Classifieds Join Date: Nov 2002 Location: Shoreham-by-Sea Local Time: 11:24 PM Posts: 785 Offline	Hang in there is all I can say, I too was a bit surprised at the slow response when I put my Cooper up for sale, took about 6 weeks to sell it in the end.

Jul 6th, 2007, 08:59 AM	#9 (permalink)
FunFindus MINI2 Regular Join Date: May 2007 Local Time: 11:24 PM Posts: 96 Offline	I bought mine privately and the lady had been trying for a month. Hang in there and keep it polished!

Jul 6th, 2007, 09:45 AM	#10 (permalink)
MartinSSZ Yellow and Proud My Classifieds Join Date: Nov 2002 Location: Shoreham-by-Sea Local Time: 11:24 PM Posts: 785 Offline	The S Works I bought had also been up for sale for quite a while, and apparently I was the only person to go and see it

Jul 6th, 2007, 12:10 PM	#11 (permalink)
Josh27 Loving my MINI adventure My Classifieds Join Date: Feb 2007 Location: Cambridge Local Time: 11:24 PM Posts: 74 Offline	Still no calls Autotrader magazine comes out today with my car in, so hopefully will get some over the weekend. At this rate, I'll be tempted to chop it in and get a ridiculously low price from a dealer!

Jul 6th, 2007, 12:17 PM	#12 (permalink)
FunFindus MINI2 Regular Join Date: May 2007 Local Time: 11:24 PM Posts: 96 Offline	Can you post a link of it for Autotrader?

Jul 6th, 2007, 08:27 PM	#14 (permalink)
TonyFoy MINI2 Newbie Join Date: Aug 2006 Location: Leicester Local Time: 11:24 PM Posts: 39 Offline	I read an article about BCA having dedicated auctions for mini's each month with 80 cars and pretty good typical prices. Moderator I can't post links but search google 'mini auction nottingham easier' and check the first link and add. Cheers

Jul 7th, 2007, 01:44 PM	#15 (permalink)
JAMIE1131 MINI2 Master My Classifieds Join Date: Jan 2007 Location: Earl Shilton, Leics. Local Time: 11:24 PM Posts: 792 Offline	Quote: Originally Posted by miniboyblue (original) The issue of a warranty should not be the real issue as a dealer will only offer a warranty for one year on a Mini over 3 years old, and I personally think that paying the dealer profit margin is well over the odds for 1 year of cover. If any potential buyer is that worried about the margin they can take on out personaly with a private compnay. Colour is a very important area Josh and the BRG is unfortuantely not the most popular colour. I've had well over a £1000 pounds of work under my cherished warranty! I didn't especially go out to buy from a dealer, and if I was looking for another I would still look privately as well but the main dealer warranty is a big benefit. I've always found the trick to selling quick is being very competitively priced and keep the car looking mint at all times. Also try advertising on ebay. it only costs a few quid and gets a massive audience. With a buy it now price your not restricted to waiting until the end of the auction, and if anyone does come and see you and makes an offer you can always end the auction early!

Jul 8th, 2007, 10:30 AM	#16 (permalink)
Josh27 Loving my MINI adventure My Classifieds Join Date: Feb 2007 Location: Cambridge Local Time: 11:24 PM Posts: 74 Offline	Ah well, I've lowered the price to £8999 now on here, Autotrader, Pistonheads etc. So fingers crossed, will get a call now...or something!

Jul 8th, 2007, 11:41 AM	#17 (permalink)
ALD0 MINI2 Master My Classifieds Join Date: Jun 2003 Location: Chester Local Time: 11:24 PM Posts: 9,432 Offline	I've seen some fantastic bargains in the Classifieds recently, especially a High Specced Cooper, If I was on the lookout for a new MINI, I would always search private over dealer firstly. As prev mentioned the whole market for second hand cars is down, i'm sure persistance will pay off, you have got your car covered where most people would look to find a decent buy.

Jul 11th, 2007, 06:00 AM	#18 (permalink)
Josh27 Loving my MINI adventure My Classifieds Join Date: Feb 2007 Location: Cambridge Local Time: 11:24 PM Posts: 74 Offline	Well I'm going to view a new car on Saturday, the dealer has offered me £8250 for it (low I know ). So my car is now down to £8750 on eBay, Autotrader etc. Someone could have themselves a right bargain Cooper

Jul 11th, 2007, 07:28 AM	#19 (permalink)
humph Back To My Old Self Join Date: Jun 2006 Location: In The Wind Local Time: 11:24 PM Posts: 2,413 Offline	Surprised there is no interest. Autoexpress this week reported that the demand for used MINIs is so strong that British car auctions have set up a dedicated MINI auction. Good luck.

Jul 11th, 2007, 07:46 AM	#20 (permalink)
Paul Trained Monkey My Classifieds Join Date: Jan 2001 Location: Bedfordshire Local Time: 11:24 PM Posts: 40,555 Offline	That's sort of back to front, if demand was so high, they wouldn't get to auction houses in big numbers, they'd be sold at a good price/premium by private sellers or dealers.

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