MINI2

Dark Silver S · Apr 16th, 2003, 06:38 AM

I have to pass along what I think is an amusing story. On Sunday, I was driving by a used car lot (this place only sells used cars, and they advertise heavily in this area), and in the front row I spot a red and white MINI. Slam on the brakes, wheel around, go back to look closer.

Sure enough, it's a red and white S. This dealer is asking $3K MORE for a used S than I paid for a brand new one. I was so astounded that I didn't even see how many miles it had on it. It was located right between an M roadster ('99) and three Z3's.

I guess our investment is appreciating!

heartbeat · Apr 16th, 2003, 06:58 AM

i'm not surprised...due to the wait (down here in VA), some minis are about 5K more than if you order it NEW! its a bit crazy....

but i guess if you cant wait....

MiniMan7 · Apr 16th, 2003, 07:01 AM

You should of confronted the owner of the lot.

Dark Silver S · Apr 16th, 2003, 10:47 AM

It was Sunday. We have this goofy blue law that says that car dealers can't work on Sunday. Go figure.

dco43054 · Apr 16th, 2003, 07:03 PM

We have similar folks in the Central Ohio USA area. They seem to thrive, at least they haven't gone out of business, with cool cars on the lot as draws for passersby. I think they just price the cars so they won't sell for a while to keep them as traffic draws, and pity the sucker who might want to by them at the ask.

Can't blame a guy for trying. Heck - I'll sell my S for $3,000 more than I paid for it to anyone who wants it. And then, I'll go back to the dealer (who has them on the lot still) and pick up another!

Dave

cooper4us · Apr 17th, 2003, 01:30 AM

Well, the MINI has the highest resale value in the industry. It sure beats Porsche, Mercedes, BMW, Lexus, Audi, Acura, et al.

The MINI depreciates at an amazingly low rate of about 9% to 10% per year. This means that after 4 years of ownership you can still expect to get back 60% off the original MSRP sticker price.

The MINI is doing fantastic in used car auctions as well.

Apr 16th, 2003, 06:38 AM	#1
Dark Silver S Ultimate Stealth Machine Join Date: Apr 2003 Location: Wilkes County NC Local Time: 07:58 PM Posts: 791 Offline	Inflation Hits an S I have to pass along what I think is an amusing story. On Sunday, I was driving by a used car lot (this place only sells used cars, and they advertise heavily in this area), and in the front row I spot a red and white MINI. Slam on the brakes, wheel around, go back to look closer. Sure enough, it's a red and white S. This dealer is asking $3K MORE for a used S than I paid for a brand new one. I was so astounded that I didn't even see how many miles it had on it. It was located right between an M roadster ('99) and three Z3's. I guess our investment is appreciating! Dark Silver S http://revorg.org/images/mmg.gif Now in Wilkes County NC

Apr 16th, 2003, 07:01 AM	#3 (permalink)
MiniMan7 Let's Motor. Join Date: Jan 2003 Location: Hamilton, Ontario Local Time: 10:58 PM Posts: 2,891 Offline	You should of confronted the owner of the lot. http://www.mini2.com/gallery/personal/16791/32165.jpg

Apr 16th, 2003, 10:47 AM	#4 (permalink)
Dark Silver S Ultimate Stealth Machine Join Date: Apr 2003 Location: Wilkes County NC Local Time: 07:58 PM Posts: 791 Offline	It was Sunday. We have this goofy blue law that says that car dealers can't work on Sunday. Go figure. Dark Silver S http://revorg.org/images/mmg.gif Now in Wilkes County NC

Apr 16th, 2003, 07:03 PM	#5 (permalink)
dco43054 MINI2 Senior Join Date: Jan 2002 Location: Columbus, Ohio Local Time: 08:58 PM Posts: 646 Offline	We have similar folks in the Central Ohio USA area. They seem to thrive, at least they haven't gone out of business, with cool cars on the lot as draws for passersby. I think they just price the cars so they won't sell for a while to keep them as traffic draws, and pity the sucker who might want to by them at the ask. Can't blame a guy for trying. Heck - I'll sell my S for $3,000 more than I paid for it to anyone who wants it. And then, I'll go back to the dealer (who has them on the lot still) and pick up another! Dave Gotten anything useful from MINI2? How about giving a little something back? '03 MCS BRG/W Anthracite Pkg 1,2,3

Apr 17th, 2003, 01:30 AM	#6 (permalink)
cooper4us MINI2 Master Join Date: Jul 2002 Location: Florida Local Time: 08:58 PM Posts: 1,423 Offline	Well, the MINI has the highest resale value in the industry. It sure beats Porsche, Mercedes, BMW, Lexus, Audi, Acura, et al. The MINI depreciates at an amazingly low rate of about 9% to 10% per year. This means that after 4 years of ownership you can still expect to get back 60% off the original MSRP sticker price. The MINI is doing fantastic in used car auctions as well. '02 MINI Cooper CVT On Order: 2004 MCS (Est production date: 9/5/03)

MINI2

Fuel for your MINI obsession

Use this forum to discuss MINI topics which are not related to other forums. Posts may be moved from here to alternative forums by the moderators without notice

Today
Sponsors	Sponsored Links Registered members do not see Google Ads posts, they can also post messages, pictures, and classified adverts. Register your free account today and become a member of MINI2 - MINI Forum

Apr 16th, 2003, 06:58 AM	#2 (permalink)
heartbeat MINI2 Newbie Join Date: Apr 2003 Location: roanoke, VA Local Time: 08:58 PM Posts: 26 Offline	i'm not surprised...due to the wait (down here in VA), some minis are about 5K more than if you order it NEW! its a bit crazy.... but i guess if you cant wait....

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Rate This Thread
Rate This Thread:

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
16" 205 Tire inflation	callen	Wheels, Tyres & Brakes	4	Apr 19th, 2006 10:56 PM
Spoiler hits aerial?	danb	Exterior	15	Jun 2nd, 2005 12:34 PM
Another PW/B S hits the road	Cooldood	MINI Cooper S	18	Mar 21st, 2004 09:14 PM
Solution to my DSC and Tire Inflation light...	HarborMINI	Faults & Fixes	0	Nov 22nd, 2002 05:22 PM
S hits UK Dealers	mikey	MINI Cooper S	44	May 31st, 2002 12:06 PM