CURRENT THOUGHTS ON CLASSIC MINI VALUES
Classic Minis are now becoming a collector’s cars, at this
current time the market view by some is that regardless of condition
every Classic Mini is worth thousands. This is not the case.
Rusty examples, with a multitude
of previous owners, little or no MOT, no significant service history
are worth a few hundred pounds. The online auction web sites will
confirm that statement, see the completed listings!
CLASSIC MINI - AUTOMATIC CARS
These have always been a conundrum
to us, usually low mileage, bodywork way up on average but regretably
not that sought after. Why, I hear you ask?
Classic Mini buyers come from two distinct
groups, firstly young drivers, 17 - 25 who see that a retro car
is cool, they are absolutely right, they are investing there hard
earned cash in a car that will appreciate in value if looked after.
Would a Ka, Corsa, Saxo offer the same benefit? .. We think Not
.... but the vast majority of these buyers pass there test with
the option to drive a manual car. Mini automatics are slower and
if the auto transmission fails you are looking at a £2000
The second group of buyers is
ladies buying a Mini as a fun car (some husbands are so generous
girls!), traditionally had a Mini when they were teenagers and
want to re live the Mini experience. I hate to say it, Mini automatics
were bought by the older lady.. & gentleman!
WHAT MAKES THE BIG MONEY?
Well anything that has external door
hinges and has "Cooper" on its boot and bonnet! base
models like the City and then the Sprite need to be really special
to make anything over £1500. The buyers are a picky breed
and like to see high specification cars for there money. The
later limited editions like the Mini 30, British Open Classic
are still very wanted as are the Pick ups and vans.
WHAT EFFECTS VALUES ON A CLASSIC
Bodywork condition is the key,
rust is expensive to repair, paint bubbling is the metal corroding,
so unless your car is absolutely perfect consider its value carefully,
a base model car like a Sprite or a City will never realise big
bucks. Feel free to call us and discuss what Mini you have to