MINI Residuals

[KenL]

I was curious to see how I fared with my R56 Cooper in terms of getting my money back when I traded it in.

It was 28 months old and had covered 24k miles.

I paid ~£15 500 for it and received £10 450 for it as a trade in.

That works out at 67.4% retained value which I think is fantastic. :thumbs up:

Even if I had only got the Glasse's Guide price, it would have retained 64% over this time, still pretty impressive I think.

[Neil and Lorna]

Hi Ken

We've just traded our R53 JCW after 49 months and 49000 miles.:D
Retained value is around 33% so we were happy with that.:thumbs up:

Neil.

[KenL]

Hi Ken

We've just traded our R53 JCW after 49 months and 49000 miles.:D
Retained value is around 33% so we were happy with that.:thumbs up:

Neil.

Is it being replaced with the 135 Coupe? Very nice car:thumbs up:

[ianking]

I think thats a great price Ken. You must drive a hard bargain. Good on you. I have never been offered decent trade in values at Dunedin or Peter Vardy as its called now.

[Neil and Lorna]

Is it being replaced with the 135 Coupe? Very nice car:thumbs up:

Yes the 135 is the replacement.

Made a wee mistake in my calculations my retained value is nearer 36%.

Neil.

[Craig]

sounds like you got a great deal. :thumbs up::thumbs up: My Cooper S after 5 months and 4000K miles only retained 75% of it's value which means I lost thousands and had to pay money to the finance company to get out of the deal... :argh:

[KenL]

sounds like you got a great deal. :thumbs up::thumbs up: My Cooper S after 5 months and 4000K miles only retained 75% of it's value which means I lost thousands and had to pay money to the finance company to get out of the deal... :argh:

Probably due to selling so early and it being a more expensive car :sad:

[illegalhunter]

I took a 4k hit in 6 months. I was testing a ST3 today i likeeee

[KenL]

I took a 4k hit in 6 months. I was testing a ST3 today i likeeee

Nothing wrong with that on a high specced car.

[Big Gordy]

I know a guy who took a 15 grand hit on a 2 year old Lexus:eek::thud:

[GCA3N]

I have a friend who took her 2008 BMW x3 in for a trade in. She paid 32 grand for it, and was offered 14,500:eek::eek:

[KenL]

I have a friend who took her 2008 BMW x3 in for a trade in. She paid 32 grand for it, and was offered 14,500:eek::eek:

No surprise. A pointless gas guzzler (even if perceived as a gas guzzler) will always suffer in comparison to a small trendy car :yes nod:

[BigStuff]

Think you got your timing right Ken.
Stealers short of AUC stock at the moment.