VOTE Now ... what's a fair valuation for '62?
Orig. Posting Date | User Name | Edit Date |
Sep 30, 2020 02:36PM | Dr Mini | Edited: Oct 1, 2020 11:16AM |
Sep 30, 2020 09:39AM | Willie_B | |
Sep 30, 2020 08:24AM | AJCady | |
Sep 29, 2020 12:27PM | Kermy | |
Sep 29, 2020 12:19PM | jedduh01 | |
Sep 29, 2020 11:04AM | AJCady |
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"Retired: No Job, No Money, Wife and I! Will travel anywhere for Minis"
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Jedduh01, do you really think it's worth $18,500? That seems pretty high to me. My "gut" instinct says "$10 - $12k, but I could be under valuing.
"How can anything bigger be mini?"
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Jedduh01, do you really think it's worth $18,500? That seems pretty high to me. My "gut" instinct says "$10 - $12k, but I could be under valuing.
Any other input from the wise ones on this forum?
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Ask yourself.. what is the $$ amount you would be OK receiving from a total loss payment ? That would be your own value. sentimental value plays into this too.
What its worth is determined by putting it up for sale as you mention.... Sure you could AsK a big number but that just trying to sell. Will it sell at that number? Thats not what its worth thats trying to capture a big value
I will say the Best selling higher value cars go at acutions like Bring a Trailer and are usually very original and very complete. Your car has alot of persional items that would perk the interest of fewer parties or only those interested in those race /rally mods... Thats not a bad thing. just changes whom may be interested in your car.
My offer= 18.5K
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Hi ... it's been a few years since I've posted to the forum, but I still have my trusty Mini and need some advice.
I'm not looking to sell, but I'd like to get a sense of what my '62 is actually worth these days to ensure I'm insuring it properly and to also help with some future planning. I realize prices can fluctuate widely, but I'd be grateful for any and all input. To be clear, I'm looking for a realistic price ... in other words what the car would probably sell for if I was patient and willing to wait 6 - 12 months for the right buyer. (Not a "desperation death offer" price, but also not an inflated price that's unlikely to ever materialize.)
Key details.
- VIN shows it is a 1962 Morris Super Deluxe (original left hand drive). I don't have a heritage certificate (could get one if it really mattered).
- The previous owner converted the car into a “Cooper S” look and set it up for autocross back in 2000. Engine is a MiniMania built 1292 with aluminum head and all the go fast goodies. Also has 4 pot calipers in front and adjustable shocks/suspension all around, plus twin tanks and remote shifter. Currently running 100+ ten inch wheels and nearly new Yoko 008’s.
- The shell is original, but floors have been replaced with non-standard sheet metal. It looks good from 10 feet, but there is some rust along the sills and a dent in the cowl + a crack in the paint on the roof. Rest of the body is good. No rust in gutters, etc. In essence, it’s fine to drive as-is, but would need a full floor to address the rust/non-standard metal and return to original look. Original glass is fine, but sliding window seals are shot and need to be replaced.
- Original interior was removed, cage was added along with SFI spec padding (but could be eliminated), and the car currently has cheap old-school buckets and a black carpet and back seat. Also has a nice wooden dash and an older Moto-Lita steering wheel.
In essence, it’s a great driver/autocross car at the moment, and could be an outstanding track car if you added better seats.
Thanks again for any feedback on a fair valuation for the car. Again, I realize the only way to know for sure is to actually list and sell the car, but I’m grateful for any help you can offer.