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I will be putting my Golf up for sale next month and wanted to know if anyone has a calculation for miles v price....
Its a 2007 Golf GT Sport TDI (FSH etc) but has done 120k. All the pricing from Parkers/text reg check etc give an auction valuation of £7740 based on 60k.
Does £6500 seem about right?
Cheers
Have a look at [url= http://www.whatcar.com/valuations ]Whatcar[/url].
You can type in the cars exact mileage on their valuations.
I'd also have a look at [url= http://www.autotrader.co.uk/ ]Autotrader[/url] to see what similar vehicles are up for.
If you were looking for a secondhand car, would you pay £6500 for one with 120k on - I know I wouldn't.
And currently there are a number on ebay at that mileage for less.
There is a private sale listed on autotrader for a 2007 Volkswagen Golf 2.0 GT TDI 5dr Diesel Hatchback with 114K on the clock for £5700 (and others around the same price) so £6500 at auction seems too high an expectation.
If the car is in good condition and has been regularly serviced (as yours seems to have been) and is not due significant work imminently then higher than average milage doesn't make a massive difference.
If the auction value is £7740 why are you selling below trade price ? FWIW I attended a couple of auctions recently and popular cars like diesel Golfs went for above trade price. If I look around I see most Golfs advertised by the trade, ie they know they are selling well so they are buying up the stock.
Thanks Amplebrew
Just done the "what car" valuation and that comes out at £5750.
I'm not looking to sell below price, what I said was the £7740 was based on average miles.
It very much depends on the type of auction. Someone buying to re-sell will want to pay a lot less that £5750 for it, however someone who hasn't done their homework and wants it for their own use might spend more.
Roblilly - Member
Thanks Amplebrew
That's cool 8)
If you're going to sell it privately, spend a bit of time getting the car minted up before you try and sell it.
Getting the alloys cleaned, giving the paintwork a polish and cleaning the inside will make a big difference to what a private individual will pay.
The drop off in price from 60k to 120k is quite significant, regardless of service history. You'll be looking at 40 - 50% of the 60k price, less if its part ex.
I px'd my mint 2007 / 56 plate A6 Saloon 2.0 tdi SE fully loaded with 90k full Audi service history for £6700 last september. It was 34k new.
We use a system at work for Car valuations, on a quick search for your car, assuming 120k 2.0 GT TDi Sport, 5 door, comes up at £4400 Poor to £5400 clean and a retail value of £6500..... So auction value would be the 4.5k mark.....
When was the cambelt/pump last done?
As a finger in the air I'd say you are looking for under 5k as a private sale.
There will be a dodgy garage somewhere that'll buy it from you for good money. Wind it back to just over the mileage recorded at the last MOT and add 1k to the price... me cynical? Your car with a mileage just under 100k would command alot more interest/money sadly.
Mileage is always the killer, and having sold cars with big miles that I have owned and thoroughly looked after, it pains me how much a dent in value it makes. However your car ticks 2 boxes, its an oils burner, and its a VW! personally I don't believe German cars a much better built these days, but most folk still do - and in a private sale, they will always be sought after. I think dealers would be less than interested, but someone with a bit of mechanical skills would buy it, in fact I reckon if you sold through a performance car mag / website you get someone willing to pay a better price.
My dad valued cars for a living so I always had access to the figures a car is worth, and in every case I have never made close the the full 'trade' value of the car in a private sale, despite FSH and TLC! (except once with a Saxo VTR in which I made over trade value ('cause it was desirable, well polished and in a car club).
If you can get the 'trade' price - the glasses guide is maybe best to value with (it's what a lot of insurers and trade use) then be happy. If you can hold out. Never assume that because you know the car's great, that someone is willing to take the risk. It's a buyers market now - I know as I sold a car less than book price, but also bought a nearly new car for a good price.
A previous post is correct, spend £40 on some polish, good wax and cleaners and spruce it up - it may not get much more price, but on a performance car it will make it easier for people to see past the miles a bit if they think car has been cherished.