MK 1 How Much is she Worth?

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Ridge Racer
Posts: 297
Joined: Sat Jun 25, 2005 3:33 pm
Location: Gloucestershire
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MK 1 How Much is she Worth?

Post by Ridge Racer »

im considering selling my mr2, i know i know iv just got it... but im a new driver to use it will mean 2 years of storing it away, abit of a waste for such a nice little motor! how much is it worth?

its got the following:

1987 mica blue E reg mk1b
TRD Quickshift gear changer Genuine
Full Stainless Magnex Exhuast
x4 Fox Alloys 15 Inch with good tread tyres
107k miles
front arches clean as for the rear, drivers side is showing a tiny bit of rust and the nearsides got about 3 little bubbling marks
FSH up to 89k with previous owner servicing it himself at 97k
Completely rust free apart from one area on the front behind the drivers door (i will fix this though)
no tax, 12 months MOT (il have this put on once i sort the little rust issue)

pic:

Image

how much is she worth? now and after MOT/rust spot repair if poss?
Last edited by Ridge Racer on Thu Apr 19, 2007 1:24 am, edited 2 times in total.
richinlondon
Posts: 197
Joined: Tue Dec 19, 2006 12:07 am

Re: MK 1 How Much is she Worth?

Post by richinlondon »

Nice example, looks clean. The pricing of the MK1's seems to be becoming more fixed, there are still bargains to be had though, I'd say anything up to £1700 rust free
Ridge Racer
Posts: 297
Joined: Sat Jun 25, 2005 3:33 pm
Location: Gloucestershire
Contact:

Re: MK 1 How Much is she Worth?

Post by Ridge Racer »

really?!

theres actually a reciept in the history i got with the car, someone boughtthe car for 2000 pound in july of 2002 would that say anything for its value?
richinlondon
Posts: 197
Joined: Tue Dec 19, 2006 12:07 am

Re: MK 1 How Much is she Worth?

Post by richinlondon »

I bought an F plate in 2001 for £2000 and it had quite a bit of rust, 129k.

With no rust, thats the major selling point, as long as it has a good service history, these engines appear to get more strong as the miles clock up
HT
Posts: 2296
Joined: Sun Mar 26, 2006 12:17 am

Re: MK 1 How Much is she Worth?

Post by HT »

Ridge Racer wrote:im considering selling my mr2, i know i know iv just got it... but im a new driver to use it will mean 2 years of storing it away, abit of a waste for such a nice little motor! how much is it worth?

its got the following:

1987 mica blue E reg mk1b
TRD Quickshift gear changer Genuine
Full Stainless Magnex Exhuast
x4 Fox Alloys 15 Inch with good tread tyres
107k miles
front arches clean as for the rear, drivers side is showing a tiny bit of rust and the nearsides got about 3 little bubbling marks
FSH up to 89k with previous owner servicing it himself at 97k
Completely rust free apart from one area on the front behind the drivers door (i will fix this though)
no tax, 12 months MOT (il have this put on once i sort the little rust issue)

pic:

Image

how much is she worth? now and after MOT/rust spot repair if poss?


A mk1 has to be really excellent to get £2000 now (wayne here on IMOC has a mint and I mean mint mk1b at £2850, with under 50k and has never had any bodywork done nor does it need it by all acounts), as back at the begining of this decade the rot issue wasn't as advanced. For example £600-700 back then buy you a really ropey, rusty shed - £2k + and you would be getting into rustfree territory. Now even at £500 a mk1 will cost around £1k to sort the rear arches and make good the paintwork alone - new wings up front painted add another £450, thats before you take into account the state of the underneath.

So I would guess its not worth much more than what you paid for it recently, unless you have a real bargain (they do exist :wink: )although giving it a good clean etc as you have shown in your recent thread will help realise its potential easier.
mlhs
Posts: 213
Joined: Tue Jul 11, 2006 9:17 pm
Location: Milton Keynes

Re: MK 1 How Much is she Worth?

Post by mlhs »

Is this for sale? If so how much are you asking for it? Also what colour is the interior? Please say it isn't blue. lol
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