Author Topic: Valuation for a 16v MK2,H Reg, renovate or break??????  (Read 5811 times)

Offline kmpowell

  • I live here
  • *****
  • Posts: 789
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #10 on: 30 December 2009, 18:51 »
Unfortunately, this is well, well wide of the mark.
Sorry, but as I own a mint sub 100k mile 3dr 16v Big Bumper, it means I know exactly what the values are these days. It took me 3 months to find, and values are rock solid.

If he gets his car up to mint condition, then he can expect £3k at the very very least. You said it yourself... "There just aren't any cars out there with low miles.".
SOLD March 2021
2019 GTI Performance, 5DR, DSG - Isaac Blue, Leather, Pan Roof, 19" Brescias, DCC, Dynaudio, Rear Camera, Keyless, Electric Memory Driver Seat.

VeeDubGTI16v

  • Guest
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #11 on: 30 December 2009, 18:56 »
there are specialists prices then there are normal prices  :grin:

not everyone has to pay top dollar kmpowell. I had a red 16v with 79,000, totally original etc, dealer tax disc holder, stickers, badges etc. basically yours but small bumper and it cost £1200. I know big bumpers go for a bit more but not £2800 more  :grin: even lewy wouldnt pay that for big bumpers  :laugh:


Offline walchy01

  • I live here
  • *****
  • Posts: 1,033
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #12 on: 30 December 2009, 19:01 »
Looks like i've robbed it at £170 quid then, got power windows,power steering all the tackle, as long as its worth me spending £500 quid to get it roadworthy and there is still abit of profit init i'm happy. :grin:

Thank you

VeeDubGTI16v

  • Guest
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #13 on: 30 December 2009, 19:21 »
fix it to drive it mate, thats what they are for! profit would just be a bonus

Offline dr_bob

  • Not said much yet
  • **
  • Posts: 24
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #14 on: 30 December 2009, 19:24 »
Quote
If he gets his car up to mint condition, then he can expect £3k at the very very least. You said it yourself... "There just aren't any cars out there with low miles."

I'm sorry, kmpowell, you're looking at this with some seriously rose-tinted spectacles. I'm sure that your car is completely immaculate, and to you, priceless, but the fact is it will not be worth serious money unless it's done virtually no miles at all (and I do mean less than 50k) and has only ever had the 1 owner.

A 16V Mk2 with 97000 miles will not sell for £3000, mint or otherwise. The only way he's getting 3000 quid for it is by doing an engine conversion and selling to an enthusiast.

But, seeing as he's nailed it for £170, he's quids in whatever he does. He could leave it as is and chuck it on eBay and someone would still snap his arm off at £500.

Offline Thom89

  • Forum addict
  • *
  • Posts: 4,096
  • Looking for an "Icebreaker"
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #15 on: 30 December 2009, 20:22 »
Quote
If he gets his car up to mint condition, then he can expect £3k at the very very least. You said it yourself... "There just aren't any cars out there with low miles."

I'm sorry, kmpowell, you're looking at this with some seriously rose-tinted spectacles. I'm sure that your car is completely immaculate, and to you, priceless, but the fact is it will not be worth serious money unless it's done virtually no miles at all (and I do mean less than 50k) and has only ever had the 1 owner.

A 16V Mk2 with 97000 miles will not sell for £3000, mint or otherwise. The only way he's getting 3000 quid for it is by doing an engine conversion and selling to an enthusiast.

But, seeing as he's nailed it for £170, he's quids in whatever he does. He could leave it as is and chuck it on eBay and someone would still snap his arm off at £500.


If you've got a sub 100K car, which I have, you soon get to realise that there are many people out there that are well prepared to pay well over the odds for the right car, forget the prices that you may have seen of "so called" minters for sale on the net or in mags, Instead talk to the people that do the the concours events, at the many of the UKs shows, and ask them just how much they have been offered, i was offered 4k for my car at Inters this year, and then just under 5k at the Westside show a couple of months ago.... by the same guy!
Thom

Offline coolio

  • I live here
  • *****
  • Posts: 748
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #16 on: 30 December 2009, 21:16 »
I would agree with the price around £1500-£2000 ! u do get peoples offering the odds to get the car , I had a good offer on my car before more than I paid for it , or maybe u can say the car is worth what people r willin to pay for it  . Vice versa

Offline kmpowell

  • I live here
  • *****
  • Posts: 789
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #17 on: 30 December 2009, 22:30 »
dr_bob - if you can find a sub 100k 3dr Big Bumper Valver, in excellent condition, for less than £3k, then send it my way 'cause I'll buy it up like a shot!

These cars simply don't come up very often - I know 'cause I looked for months before finding mine! I very nearly settled at buying a £4600 car from a specialist, but I found mine days before I was about to sign! There maybe the odd one out there where the owner doesn't know it's true value, but mint unmolested 'valvers' are a very rare breed these days and values dictate this. Just look through Pistonheads classified and sift through the dross for sale, and you soon realise that they are rare as hens teeth, so much so that I was offered £6k for mine a few months back! Out of interest why do my insurance company have my Valver down with a guaranteed value just short of £5k?

There's nothing 'rose tinted' about my opinions, I talk with valid recent experience.

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 dubber36

  • Forum addict
  • *
  • Posts: 5,536
Re: Valuation for a 16v MK2,H Reg, renovate or break??????
« Reply #18 on: 31 December 2009, 08:35 »
I'll go along with what kmpowell just said.

I paid £3000 for my original, one owner, oak green, 1990 valver from a specialist. At the time, I knew it was plenty of money, but when you add up the actual cost of time off work and fuel going to see so called minters before you find the right car, it makes the price seem more realistic.

I have just renewed my insurance, and they have aggreed the value at £4000. I belive that this is a realistic cost of what it would cost to replace my car if the worst should happen, taking into account the time and expence of sourcing it. If you write off a 2 year old Astra diesel, you get a payout, then you can go to any dealer and buy the exact same car the next day if you wanted to. With a 20 year old car, things are not that simple.
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 #19 on: 31 December 2009, 10:47 »
I bought mine 10 years ago FVWSH from a vw dealer for 3k, I got it insured for 2k,
An i pay 245 quid fully comp, But its only valued that much cause i told em this much,
How did you guys get it so they guarantee its worth Just under 5k,
No guts No glory,