Was this a good auction price!? W203 200K Sport Coupe

[chodecz]

Hi guys,

Did this auction finish for a good price and is the car throughly worth that amount??

FSH, and next service due fairly soon.

Auction...
http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&rd=1&item=280309530303

Parker's values it at around £7k with 10k less miles on the clock...
http://www.parkers.co.uk/cars/used-prices/Valuation.aspx?deriv=23572&plate=73

Bargain or what??

Regards,
John.

 

[kwakdonut]

No leather and it's a coupe. Not the most desirable vehicle but a reasonable price for it if not a little high.

Parker's guide means ought during these difficult times! I should know having no success selling my 270 for the last two months!

 

[jaymanek]

About trade price that.. but as said I wouldnt buy it, no leather, no roof..

 

[wemorgan]

Bargain or what??

Were you the winning bidder?

If you're happy with the spec then the price was about right for an Ebay car ie. near trade value.

 

[chodecz]

I presume trade value is higher than private value??

On Autotrader they're around 6-6.5k.

 

[Corrado]

http://www.freecarvaluations.co.uk/car-valuation-352494.htm

Seems about right, if all is in order.

 

[chodecz]

Thanks.

I don't understand, what's the difference between trade and retail???

 

[NicDale]

Trade is what a trader would buy it in for, retail is the price he would sell it for once he's spent the money prepping it (maybe warranty cost) then profit on top.

 

[wemorgan]

I think......

Trade price, is the price the trader would have paid for the car at either auction or offered to a customer who part-exchanged the car.

Retail price, is the price a trader sells the car for.

anyone............am I correct in this?

edit: thanks Nic you beat me to it

 

[chodecz]

Ok, I only plan to have this car for 6 months max, could I sell it for a small profit if I only do about 6000miles tops in it???

 

[dino645]

In present climate I wouldn't expect too much. Spec makes a big difference.

I would just enjoy it!

 

[wemorgan]

Only time will tell. At the next service it may need other jobs doing, so any profit would be eroded away. I can recommend Mercland in Nuneaton for service and repairs.

The lack of leather will make it harder to sell, so just be realistic with the price.

Enjoy the car.