I'm about to sell my Peugeot 306 privately. It's got 6 weeks MOT left to run and I was thinking about putting it through for a new MOT before I sell it as I'm sure this will add to the value.
How much is is likely to add?
The car is a 1994 M plate 1.4xl with 132k on the clock.
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It might not add value but will increase interest. If you had a choice of one car with six week MOT and another with 12 months, which would you opt for?
When selling a car a new MOT always make sense. Of course a car could pass today and still fail tomorrow so no guarantees on road-worthiness.
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I wouldn't buy a car of that age with less than 10 months MoT, and I suspect very few people would buy with less than 6 months. Given that it may not sell at all, the answer could be a lot. In good order I'm guessing it might fetch £450 (ask £495) with 12 months? With 6 weeks, you'd be lucky to get £225, IMHO.
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Didn't bangernomics reckon an MOT is worth a pound a day.
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A 12 year old base spec 1.4 306 is worth scrap weight with only 6 weeks MOT so it's more a case of if it's got 12 months MOT it's saleable and if it hasn't its not.
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I agree with other comments: If it won't take much to pass then get it an MOT. I doubt there would be many takers without one.
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Trouble is....if it fails a new MOT and needs anything significant doing then that would leave the OP in an awkward position.
I assume that it would not be legal to sell the car as roadworthy, with 6 weeks remaining on the old MOT, given that it would've failed a recent MOT?
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I actually think that even if it fails the MOT it will be easier to sell as the prospective purchaser knows what will be required for the test.
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I'm about to sell my Peugeot 306 privately. It's got 6 weeks MOT left to run and I was thinking about putting it through for a new MOT before I sell it as I'm sure this will add to the value. How much is is likely to add? The car is a 1994 M plate 1.4xl with 132k on the clock.
with this mileage and on this year i would seriously consider cutting my losses and scrapping it as it will be a real sticker with that mileage and a full mot unless you sell it for £295/395 and hope and cope with the idiots you will meet at this end of the market(make sure all legal paperwork is sorted before car goes)
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"a little man in a big world/"
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Your further problem is the re-test issue. If you have to wait for parts to arrive/be fitted then you'll pay a full re-test, so that's £42.00 x 2.
On your side is the fact that it's sub 1500cc, so cheaper tax, and presumably a fairly low ins grp, so it may appeal to a younger driver, unless it's sludge coloured.
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I'd say best bet is whack it on ebay with lots of photo's and a good description. Then let market forces do they're stuff.
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