MINI2

CaravanFan · Oct 6th, 2004, 06:52 PM

I own a 2003 S and love it. I was recently looking at some mini postings in Autotrader and noticed that the asking prices ranged from $23-26k. Considering I bought my for $22,500 (taxes incl), is it not feasible to sell mine for something in the $21k+ range and buy a new one?

What is the going rate for a used red/white cooper S with cold weather package? 22k miles. Perfect condition. Not a ding in sight.

Is there still a lengthy waiting list for a new S?

Has anyone done something like this? If I can trade in a 2 year old car for a brand new one for within $2k, it would make it worthwhile. That's like driving a new car for 2 years at a cost of less than $100 a month!

Nicholasp27 · Oct 6th, 2004, 07:10 PM

i ordered my S the day after labor day...it's being built right now to finish on the 12th then shipped over here...so not a long wait right now

zyo · Oct 6th, 2004, 07:41 PM

I might not have a MCS but i traded my Jan 03 MINI ONE for an 05 MINI ONE (august build).I never thought that i would be able to afford to buy a car one year and afford to swop it the next year,but with residuals as they are it makes it possible.I had a solid black MINI ONE and now i've got a Pepper White MINI ONE.

CaravanFan · Oct 6th, 2004, 09:07 PM

That's what I'm think zyo. BMW has always had great residuals and I guess that's carrying over to Mini. A lot better than buying some Chevy that depreciates 50% the day you drive off the lot!

stryder · Oct 7th, 2004, 12:02 AM

Lots of people have done exactly what you said, even more with 2002s that are almost out of warranty. Check with your local dealer, but most likely you can place an order now and have a car in a few months.

Of course the price goes up on 2005 MCSs delivered after Jan 1st 2005 by $500 (i think that's the #) so account for that in your 'upgrade cost'

gokartride · Oct 7th, 2004, 12:07 AM

I'd seriously consider trading in my '03 Cooper for an '05, BUT......Electric Blue isn't available as a Cooper color in the States...at least not yet??? If it, was the temptation would be more than I could bear I'm afraid. However, part of me is still in love with the earlier Cooper styling...bumper stips, 4 slat grill, and all. At our local club meetings there may be 20 MCSs but only 5 Coopers. And now that IB is gone....I may just keep mine.

LordWinslow · Oct 7th, 2004, 01:17 AM

Go for it,

Traded my '03 BRG/W CVT with Leather for a Loaded '04 EB/W MCS (no leather this time). No regrets. So go for it!

Winslow

Meg · Oct 7th, 2004, 01:39 AM

I am in the process of trading in my 03 MC for an 05 MCSC. The dealership is actually giving me more for the 03 then I owe on the lease. These cars are in high demand so they have a fairly high resale value, hence the high trade in value.

Oct 6th, 2004, 06:52 PM	#1
CaravanFan MINI2 Newbie Join Date: Jul 2002 Location: Naperville, IL Local Time: 11:42 AM Posts: 18 Offline	trade-in 2003 mini for 2005 mini? I own a 2003 S and love it. I was recently looking at some mini postings in Autotrader and noticed that the asking prices ranged from $23-26k. Considering I bought my for $22,500 (taxes incl), is it not feasible to sell mine for something in the $21k+ range and buy a new one? What is the going rate for a used red/white cooper S with cold weather package? 22k miles. Perfect condition. Not a ding in sight. Is there still a lengthy waiting list for a new S? Has anyone done something like this? If I can trade in a 2 year old car for a brand new one for within $2k, it would make it worthwhile. That's like driving a new car for 2 years at a cost of less than $100 a month!

Oct 6th, 2004, 07:10 PM	#2 (permalink)
Nicholasp27 MINI2 Regular Join Date: Jul 2003 Location: Atlanta Local Time: 05:42 PM Posts: 133 Offline	i ordered my S the day after labor day...it's being built right now to finish on the 12th then shipped over here...so not a long wait right now http://ibooth.net/s-banner-small.jpg Current Status: Picked up 11/10 and still haven't wiped the grin off of my face!!

Oct 6th, 2004, 07:41 PM	#3 (permalink)
zyo owt else is just traffic Join Date: Sep 2003 Location: The Edge of Reason Local Time: 06:42 PM Posts: 1,433 Offline	I might not have a MCS but i traded my Jan 03 MINI ONE for an 05 MINI ONE (august build).I never thought that i would be able to afford to buy a car one year and afford to swop it the next year,but with residuals as they are it makes it possible.I had a solid black MINI ONE and now i've got a Pepper White MINI ONE. Attached Thumbnails

Oct 7th, 2004, 12:02 AM	#5 (permalink)
stryder Sponsor/Moderator/Other Join Date: Jul 2002 Location: Cleveland Local Time: 12:42 PM Posts: 3,358 Offline	Lots of people have done exactly what you said, even more with 2002s that are almost out of warranty. Check with your local dealer, but most likely you can place an order now and have a car in a few months. Of course the price goes up on 2005 MCSs delivered after Jan 1st 2005 by $500 (i think that's the #) so account for that in your 'upgrade cost' Magic 8-ball was correct. All be in awe of Magic 8 ball.

Oct 7th, 2004, 01:17 AM	#7 (permalink)
LordWinslow Back... Join Date: Nov 2002 Location: Londonderry, NH Local Time: 12:42 PM Posts: 1,416 Offline	Go for it, Traded my '03 BRG/W CVT with Leather for a Loaded '04 EB/W MCS (no leather this time). No regrets. So go for it! Winslow This space for Rent

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Oct 6th, 2004, 09:07 PM	#4 (permalink)
CaravanFan MINI2 Newbie Join Date: Jul 2002 Location: Naperville, IL Local Time: 11:42 AM Posts: 18 Offline	That's what I'm think zyo. BMW has always had great residuals and I guess that's carrying over to Mini. A lot better than buying some Chevy that depreciates 50% the day you drive off the lot!

Oct 7th, 2004, 12:07 AM	#6 (permalink)
gokartride MINI2 Regular Join Date: Aug 2004 Location: Texas Local Time: 12:42 PM Posts: 288 Offline	I'd seriously consider trading in my '03 Cooper for an '05, BUT......Electric Blue isn't available as a Cooper color in the States...at least not yet??? If it, was the temptation would be more than I could bear I'm afraid. However, part of me is still in love with the earlier Cooper styling...bumper stips, 4 slat grill, and all. At our local club meetings there may be 20 MCSs but only 5 Coopers. And now that IB is gone....I may just keep mine.

Oct 7th, 2004, 01:39 AM	#8 (permalink)
Meg I can't spell Join Date: Apr 2003 Location: Long Island NY Local Time: 01:42 PM Posts: 2,862 Offline	I am in the process of trading in my 03 MC for an 05 MCSC. The dealership is actually giving me more for the 03 then I owe on the lease. These cars are in high demand so they have a fairly high resale value, hence the high trade in value. RIP Boo

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