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I should add perhaps that I don't think I'd pay anything like this.
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I'd have thought about £200-£250 if it's got a year's MoT and a year's worth of rubber on the tyres.
It's very encouraging to hear it has survived 250k miles - I was getting nervous about the fact that my '97 2.0L has done 120k!
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By my reckoning its worth £440 if its in good condition
What you should look at is the cost of a new engine and redoing the entire suspension (shocks and springs).
Then see if you still think its worth £440
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A years ticket on any car is worth approx 200 quid. If it has a long mot thats yur starting point. its got to be worth 200 quid in parts if you broke it up.
400 quid.
--
RF - currently 1 Renault short of a family
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You know the car is genuine.
So, assuming it has reasonable SH, I'd say it has to be worth a bit more than the other guys are saying, but I do not claim to be an expert , just my hunch.
The figures they're quoting sound sensible for ebay 'don't know where it came from' have a punt cars.
If I was after a car of this type, I reckon I'd pay between 500-750 depending on MOT.
But of course its a sealed bid job , so then you have to consider tactics ;-)
I'd pay 750 , but should i bid 400 and risk losing out ???
Good Luck.
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Maybe take an idea from what Kirsty from Location Location Location advises;
When you submit a sealed bid, enclose a statement that you will order a bankers draft/cash that day and complete the purchase immediately. Insurance will be organised so you can remove the car at the sellers convenience - ie straight away.
They may have some sealed bids for more but from people who they think may waste their time....
I don't know, I'm just thinking laterally.
H
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Bankers draft ?????????
The mileage is 250k not the price LOL
surely we're talking the folding stuff here.
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...yes I know but you get the idea.
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£250 tops and hope your bid fails
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Sorry but it's worthless.
It has reached the end of it's natural life without big, big, money being spent on it. As pristine ones don't sell for very much now anyway this is money that it wouldn't ever be worth spending.
My recommendation; leave well alone!
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How much fuel is in the tank?
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Sorry but it's worthless. It has reached the end of it's natural life without big, big, money being spent on it.
How do you know? It could have had a recon engine 10k ago, new brakes and be corrosion free. Yes 250k is big miles though it is not a right off. Certainly a well looked after car at 100k can be better than a neglected one at 25k, this might have been cherished for all it's life.
I would drive it, look it over, if all Ok I would offer 400 to 500 quid and forget the mileage on the clock.
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Big Big money needs to spent on what? Is there some sort of a timer that automatically blows up the engine when it reaches 250k? A 250k Motorway car is probably in better condition both inside and out than a 100k town-shopping-cart.
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However good and well-built to start with, many parts of this car will now be past their design life. Yes, some will have been replaced, but there is still a high probability of an expensive repair in the near future.
It's a gamble.
Beware of paying too much. You might be bidding against people who plan to wind the clock back and sell the car on.
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If the history really is good then I don't see a reason why it's about to go bang, I've had many a 300K+ miler Mondeo bring me home from the town after a night out and the drivers don't report anything major...
Blue
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At 250k I doubt it is still on its original suspension components, likewise if the servicing history is spot on cannot see any reason why it would'nt be worth a punt at £4-500.
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"Bankers draft...surely we're talking the folding stuff here."
No, I'd agree with the idea of a bank draft. Remember, its being sold by a company. The fleet manager's instructions will be to dispose of the car for the best price he can achieve with no hassle.
The company won't want to handle cash, and a cheque may bounce. A draft, lodged during business hours so the bank can confirm its not counterfeit, makes the fleet manager's life as easy as possible.
And whoever suggested Kirsty from Location Location's advice is right. What's it she says? "I never lose sealed bids".
Local Yokel, let us know how it works out.
Good luck,
- Gromit
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If its got 12 months mot and reasonable tyres then £500 tops. Its a gamble but one worth taking. Any major bill and its scrapyard time, just run it until it goes pop.
Interestingly last time I bought such a car the company had it engineer inspected to protect against future law suits so I had a written report on its condition for free pre=purchase. Might be worth asking if this is happening.
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Hi Gromit
You've brought back a memory by using the term folding stuff.
I always remember my dad buying his old company car, a few year ago now as he's been retired 15 years. I took him to pick it up. There were 16 Bluebirds & caviliers being dissposed of, the reps were all picking up new, in fact some of the 1st primeras to be sold in the uk
My dad had agree'd a price months before it was practicaly a give away. 2 1/2 year old bluebird 1.8 Around 40K he got it for 1200 quid BUT he was specifficaly told to bring and i quote "The folding stuff" to pay for it so God knows what fiddle was going on there!
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This went for £651 - I offered £620 (reckoned the towbar was worth £70 to me, on top of £550 fair value).
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Ouch!
I think you had a lucky escape there. Way too much.
I think you could get a lot more for a lot less.
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Someone else did you a favour!
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I'd seen the last two years of service bills - new cat this year, new cambelt four months ago, new tyres 6,000 ago, new shocks at the same time, list was endless. Body was nearly immaculate in/out. Was still on the orig engine/box, of course, but it'd been having four oil changes a year ...
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You didn't tell us it had a new cambelt; that's a significant bonus on this kind of purchase. I'd have paid the top end of Looking4car's opinion, ie seven-fifty, knowing what you know about use and SH.
Would have had to have an MOT > six months -what was it?
The cat's perhaps not such a good thing, if it needed one it could be because the engine, beyond its design limit for mileage, is beginning to pollute and choke it.
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It had 11 months MoT.
Hmm, if it wasn't a bit smoky and no trace of an acrid oily smell while driving, maybe you should be owning it then.
Easy to know after the results of the bids are revealed though.
Imagine if you had paid 3/4 grand for a car which realistically could go bang at any miute, and then heard a whisper tht the next highest bid had been three fifty.
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Realistically though, there can´t be a shortage of Mondeos at starship mileages! Wait for the next one....?
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I'd set my limit at £620, and I'm happy enough - as bm says, there's more where it came from.
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