16-05-2010, 10:31 PM | #1 |
S2 - Picking it up
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Prices of low mileage CSL's
Hi All.
I have just noticed that Cosmic Boys lovely 2995 mile car has sold and it would appear to have gone for over £50000. Does anyone know the actual amount?. I sold a SG 470 mile 54 plate car in 2008 for £45000 and would have thought something like that deserves a £50000 price tag now but 2995 miles is not that far away from 10000 miles which I have sold two of in the past two weeks. Silver Grey 04 plate 10800 mile car sold for £36000 and the black 10400 mile 04 plate car which I have just taked a deposit on for £37500. How can the extra £13000 be added on for 7000 miles difference. I have read the post and appreciate it has been detailed to the highest degree but either I have just given away two really cheap CSLs or I need to start detailing my low mileage cars. I would have sold a 3000 mile car for £40000 and my black detailed 54 plate 6350 mile car sold for the asking price of £37000 shows how a 3000 mile car selling for over £50000 was a lucky sale and a private no warrantied lucky sale if ever Ive seen one. Please dont get me wrong, I have been trying to preserve the price of CSLs for the past 5 years of dealing in them, I Just cant see how the 7000 miles difference between my cars and the 3000 mile car is justified. Every 1000 miles done in the car would amount to a huge amount of depreciation and frankly you wouldnt buy it to drive it unless money wasnt an option.Anyone think I should put my black 10000 mile car up to £40000?maybe with a serious detail it might make £45000. Just kidding but seriously these cars in left hand drive form fetch considerably more than RHD cars, around 10-15000 pounds more mileage for mileage. I know of quite a few sub 20000 mile rhd cars that will be coming available in the next year and I dont see the prices of these depreciating if theyre not driven but could the prices have started to rise already on the very low mileage cars. Seeing as they arent made anymore and the fact that they are shrinking in numbers for rhd cars ie cars that are stolen or written off and not repairable ( I know of 12 cars that are no longer with us and have heard alot more have have been exported to race series in europe) I would imagine theres probably only 350 cars left on the road in the uk. It will eventually happen when the prices go throught the roof as the did with the E30 evo sport which were all around 13000 to 18000 for a really well sorted car back in 1998-2000. Now the cars have all covered alot more miles and are double that for sub 10000 kilometre cars. Wish Id have bought one back then but went the Integrale route. The CSL is the only reason I dont have an Integrale now although I will have another one day soon unless they keep going up in value. I sold my last yellow 24000 mile Evo 2 in 2007 for 18500 and that would be worth easily 25000 now possibly 30000. maybe see some of you at the ring in September |
17-05-2010, 05:47 AM | #2 |
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Its not about you the seller its about the buyer....how do I know, I just paid a very high price for a 565 mile CSL.
I didn't want a 10,000 mile one simple as that. I could have bought a 15,000 mile one for $20k less but didn't even think twice about paying the extra. I suspect the buyer of the $50k car felt as I did, that they were prepared to pay the premium for the low mileage and great condition. Its also 7005 miles away from a 10,000 mile car!! Last edited by edylcreyob; 17-05-2010 at 11:53 AM. |
17-05-2010, 09:34 AM | #3 | |
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17-05-2010, 09:42 AM | #4 |
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Nick
face facts , you have been selling your CSLs for well under the asking price for sometime now! just a quick calculation shows me you have not made the most by almost £165K in just 14 months. Time to take up gardening seriously!
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17-05-2010, 10:06 AM | #5 |
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17-05-2010, 10:18 AM | #6 |
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17-05-2010, 11:02 AM | #7 |
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Another think to take into consideration Nick, you cannot call cosmic boys CSL "detailed" in any way, shape or form. The car was semi-dismantled and prepared to the highest concours level. Slightly different thing to a £400+ pro detail. If you imagine a car taken off the production line and never driven, that would be a fair representation of the condition. Every inch of the underside is as clean as the bodywork. Different ball park and I'm fairly sure you would loose bucket fulls of money if you spent the required time/money on similar preps.
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17-05-2010, 11:55 AM | #8 | |
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17-05-2010, 12:50 PM | #9 |
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17-05-2010, 02:07 PM | #10 |
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Hmm something to take aim at thats for sure but with 929km shouldn't be too hard to have it perfect at least for a while anyway.
Here is one I did earlier..sorry it from that other German car maker that I have an affinity with |
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