Author Topic: Valuation for a 16v MK2,H Reg, renovate or break??????  (Read 5779 times)

Offline walchy01

  • I live here
  • *****
  • Posts: 1,033
Valuation for a 16v MK2,H Reg, renovate or break??????
« on: 29 December 2009, 16:55 »
Hi All

I am a new member to GolfGTI, but by no means new to  Golf Gti's, i always had MK1 and 2's prior to getting married and having kids.

I have just picked up a MK2 16v gti on a H plate, big bumpers, elec windows etc... car only has 97,000 genuine documented miles FSH mainly VW main dealer, bodywork is very tidy, rainbow interior etc etc...

The downside is the car has been off the road for some 9 months and needs mot etc, not tried to mot as yet, so no list of jobs available.

My question is, if it costs me £500 to £750 to get it back on the road what is the car worth then?? Is it worth £1000 done???? any comments much appreciated.

Thank you for your help.


Offline dubber36

  • Forum addict
  • *
  • Posts: 5,536
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #1 on: 29 December 2009, 17:04 »
It's value is only relavent if you want to sell it and make a few quid.

It sounds to me like you have bought a nice genuine car for very little money, and what jobs that do need doing, you'll know they will be done right. That ought to give you good piece of mind.

You could have paid £1000-1500 for another car that was suposedly sorted, only to find that it had be bodged back to some sort of health.
Red Mk6 gone replaced with a white Mk7 which has gone too. Green Mk2 here to stay.

Offline beechymonza

  • I live here
  • *****
  • Posts: 680
  • mad beech
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #2 on: 29 December 2009, 17:04 »
I have a 1988 gti 16v, Ive had it 10 years an i left it standin from 2004 until 2007 due 2 relationship problems, An bein pissed up for 3 years, Anyway when i took it for M.O.T it only needed 4 tyres an a bit of weldin on sills, The tyres were due 2 me lampin brakes on at 100mph an skiddin until i stopped,
But nethertheless i ave never spent over 100 quid after an M.O.T, As long as you ave a couple of gud mates an can use sum basic tools, Its gotta be worth the money,,
No guts No glory,

Offline aaron1980

  • GTI forum regular
  • ***
  • Posts: 156
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #3 on: 29 December 2009, 18:01 »
was it sat up inside or out side? mine has not moved more than 2500 miles sine i have owned it (about 3 years) and it never fails its mot well it did need the hand brake adjusting last year. i think they are always worth saving but maybe thats just me  :laugh:

Offline walchy01

  • I live here
  • *****
  • Posts: 1,033
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #4 on: 29 December 2009, 18:11 »
HI there

It was sat outside but it has not suffered any long term issues, won't currently start but it shouldn't be to hard to sort, really up for doing it and keeping it for a while, really miss messing with these super cars.... 

Thanks for all the advice offered, much appreciated.

Offline dubvrs

  • GTI forum regular
  • ***
  • Posts: 195
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #5 on: 29 December 2009, 19:33 »
When i got my old mk2 16v it had not moved for 7 years and came in kit form. Built it up and changed all the discs and pads then went round it checking what i could and passed mot first time  :smiley:

Offline Alec

  • I live here
  • *****
  • Posts: 844
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #6 on: 29 December 2009, 19:58 »
They seem to be pretty tough old birds.
Mine sat for over a year lookin well sorry for itself. Only needed discs and a rear calliper to pass mot!

Probs best to stick it through an mot and see what needs doing and then make a choice, as you say you are well up for having a play around with it! Could make it a project car n get it tarted up nice for summer  :smiley:

Offline kmpowell

  • I live here
  • *****
  • Posts: 789
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #7 on: 30 December 2009, 17:25 »
Hi All

I am a new member to GolfGTI, but by no means new to  Golf Gti's, i always had MK1 and 2's prior to getting married and having kids.

I have just picked up a MK2 16v gti on a H plate, big bumpers, elec windows etc... car only has 97,000 genuine documented miles FSH mainly VW main dealer, bodywork is very tidy, rainbow interior etc etc...

The downside is the car has been off the road for some 9 months and needs mot etc, not tried to mot as yet, so no list of jobs available.

My question is, if it costs me £500 to £750 to get it back on the road what is the car worth then?? Is it worth £1000 done???? any comments much appreciated.

Thank you for your help.



Mint condition Sub 100K, 3dr, 16v, Big Bumper cars command in excess of £4k right now. Tatty cars are about £2k-£3k. High milers are worth a lot less.
SOLD March 2021
2019 GTI Performance, 5DR, DSG - Isaac Blue, Leather, Pan Roof, 19" Brescias, DCC, Dynaudio, Rear Camera, Keyless, Electric Memory Driver Seat.

Offline walchy01

  • I live here
  • *****
  • Posts: 1,033
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #8 on: 30 December 2009, 18:27 »
Looking Good then, car has less than 100K(97k) 3 door, in Quartz black,Mint rainbow trim,Big Bumper, FSH main dealer 90% service history. 4 owners, very tidy bodywork also, may be worth spending a couple of hundred quid to really mint this up if its worth that sort of money.

Get in   :grin:

Thanks for the info

Offline dr_bob

  • Not said much yet
  • **
  • Posts: 24
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #9 on: 30 December 2009, 18:38 »
Quote
Mint condition Sub 100K, 3dr, 16v, Big Bumper cars command in excess of £4k right now. Tatty cars are about £2k-£3k. High milers are worth a lot less.

Unfortunately, this is well, well wide of the mark. Whilst it is true an immaculate 16V Mk2 with 50k on the clock, 1 previous owner and FSH will net the owner 3-4k if they sell, the vast majority of cars will go for *significantly* less than this. There just aren't any cars out there with low miles.

I'd say your car would be worth around £1.5k, if it's immaculate inside and out - and by your other posts, this doesn't sound like it's the case - then perhaps a little more.

As a guide - I bought an 89 big-bumper 8v GTI with electric windows, PAS, sunroof etc with 112k documented miles and FSH for 800 quid...