There will be a Dad who thinks it's just perfect for his 17 y/o to drive (but see the Mk1 Golf thread...), and my guess is that he'd pay £450 or a bit more (depending on where you live...), so price it at £499, and don't budge far, if at all.
The condition will mean you'll get plenty of viewers, and one of them will be too stupid/lazy/desperate to bother to haggle too hard.
|
|
Given that it has not long to run on the MoT, would it be worth putting a new ticket on it? I'm not sure myself, but it is sometghing you could think about. Would ensure you got top price, IMHO.
|
|
|
|
I wouldn't pay £595 for a 12 year old Fiesta but you can be pretty sure someone will.
I recently lost a '91 Volvo 240 estate as someone paid the asking price of £1000 when I offered £850. Although it was in good condition, the service history was patchy and the clutch was certainly past its best. There's always one person who will let sentiment or whatever get in the way of common sense. I suspect someone will lust after a 12 year old low mileage good condition Fiesta but it certainly won't be me...
|
I have no knowledge but you're proposed price will sell the car. A few months ago I sold an M Reg with about 10k more miles and in good nick for somewhere around the £500 mark. First to see bought. I'd sooner price it to sell quickly than hold out for every ast penny and have the continual hassle of callers and tyre kickers. Life's too short! :-)
Anyone want an Omega MV6? :-)
|
Thanks everyone for your contributions. The last two cars I have sold have both been to the first who looked at them, one had over 50 callers and the other about a dozen. THis is probably because the cars had been looked after and maintained. I feel I underpriced the first one and got the second about right on price. I think I will try it at £595 as see what happens - I can always take any offer over £500 and I will be no worse off. The condition, one owner and mileage of the car make it very attractive and I doubt if I will have a problem in finding a buyer.
A comment from the buyer of the last car I sold was very interesting, he had looked at a number of cars for sale privately to find one for his 17 year old son. He found the condition of many older cars was very poor with either bits missing, things not working, many squeaks and rattles, plus a few dents or rust showing. This Fiesta certainly does not come into any of these categories as it has been properly maintained and looked after. I feel someone would be willing to pay a small premium for this, especially if it was for a son or daughter's first car.
I note that having a longer MOT would be an advantage, but I doubt if it will bring any extra in return over the cost.
--
Roger
I read frequently, but only post when I have something useful to say.
|
The Fiesta is an always popular little car, despite the fact that they are fairly awful compared to the alternatives. Any good small hatchback with a full MOT is worth £6-800 so your price is about right with the rust and shorter MOT.
If I was you, id hold tight on your price - if you stick it on the autotrader website, you would likely get loadsa calls and you would be suprised how the hardest of hagglers will not know what to do if you wont budge.
I once sold a Volvo 460 with 36k on it for £700. The guy started at £500, then went to £600 as his final offer. I said sorry, its fairly priced at £700 but thanks for his time and went to close the door.
I heard a quick exchange ( foreign language so not sure what his wife said to him ) and he nearly jumped through the closing gap in the door and offered me the full £700.
Most people just dont have the nerve to haggle if they really like the car and with a car like the Fiesta, you would have to be some kind of lunatic to fail to sell it to someone :)
|
Roger,
Where are you based? Any pictures? (Don't get your hopes up though - you probably live too far away).
Thanks
Adam
|
Hello Adam
Down in Kent, probably a bit too far away for you. At present I do not have any photos as I should be getting the car on either this Friday or Saturday, and an advert will be placed in the local Autotrader for next Friday. In the interim I shall give it a quick clean and polish, just to make it look its best - although when I saw it last Saturday I could have quite easily sold it as it was then as it has always been kept clean and garaged. The white paintwork has quite a good shine to it, not faded or flat like most vehicles of this age.
I must say I am looking forward to selling this car because it should be very desirable to a lot of potential buyers. This morning I had a chat with my Father-in-Law about the car and he confirmed it has never been involved in an accident, it has a full service history with all documentation from original invoice, all service invoices, fully stamped service record, and all MOT certificates to validate the mileage. He also confirmed that everything on the car works and nothing that has been reported needing attention has ever been left. Cars of this type rarely come up for sale and I know if I was in the market for a good secondhand old car I would travel a good distance to buy one like this.
Just for the record my Mother-in-law is buying a new Citreon C3. I know that they looked at a large number of new and nearly new cars to decide on what too choose. This will probably be the last car my MOL will ever own as she is now in her mid sixty's and will keep it for as long as she still keeps driving - so a good low mileage C3 will be available in about 12 years time!
--
Roger
I read frequently, but only post when I have something useful to say.
|
If I were selling it, I'd harp on about the condition/one lady owner/service history/ ideal first car( or second car as a runraround) and ask £650..
You may be pleasantly surprised as low mileage good condition runarounds are like hens teeth and there will ALWAYS be more potential buyers at that price than cars...
madf
|
>>If I were selling it, I'd harp on about the condition/one lady owner/service history/ ideal first car( or second car as a run around) and ask £650.
After chatting with my FIL, he is leaving the selling price up to me, I had considered raising it to £650 for the above reasons. Faced between a car with numerous owners and minimal service records, I feel someone will pay a good premium for this particular car. May be you have just talked me into trying a higher price.
I know when I sold my old Micra that I bought new and kept for 16 years, I was flooded with enquiries and could have sold it over 50 times (possibly because I underpriced it). The truth is I only have one car to sell and I only need one buyer.
Many years ago I had a Mercedes estate I was reluctant to trade in and offered it out for a little bit more than the trade in price, I only had one enquiry, who came to look at it and bought it on the spot. The strange thing was he contacted me 4 years later to see if I wanted to sell the replacement Mercedes estate to him, a quick decision was made and I sold that too him as well.
--
Roger
I read frequently, but only post when I have something useful to say.
|
|
|
|
Hi Roger,
It sounded perfect for my sister. (We've just found out that a railcard costs 1300 quid a year!) but Kent is around 300 miles from where we live.
Thanks anyway and best of luck selling it - looks like you won't have any problems at all.
Adam
|
Hi Adam
Thought it was too far away, but yes it would have been ideal for her. Also I would have been very happy to sell it to her, I doubt if many sellers could say that.
--
Roger
I read frequently, but only post when I have something useful to say.
|
|
|
|
|
Roger, Where are you based? Any pictures? (Don't get your hopes up though - you probably live too far away). Thanks Adam
Trouble is it's in white; not gold, so no go there then.
|
My first car was white. And it was a Fiesta too!
|
|
|
|
|
|
|
