Author Topic: Found MK3 16v GTI - thoughts on value please!  (Read 2422 times)

Offline l55lee

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Found MK3 16v GTI - thoughts on value please!
« on: 31 January 2007, 16:08 »
Hi guys

I've found a 1997 MK3 16v GTI, 3 door, in Mystic Blue.

It has FVWSH and is in immaculate unmodified condition.

The MOT runs out at the end of April and the tax at the end of May.

The car has done 86k and I've been able to knock him down to £2,400 (he originally wanted £3k) but that's as far as he will go.

It was registered in Northern Ireland, so it has one of those random AAANNNN number plates.

What do you reckon on the value - rip off or acceptable?

Cheers

Lee
MK3 16v GTI 3dr in Mystic Blue

Offline DazVR6

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Re: Found MK3 16v GTI - thoughts on value please!
« Reply #1 on: 31 January 2007, 16:24 »
i paid £1200 last year for my 97 5 door 16v.....it had fsh mostly dealer, 9 months mot, no tax, 121k...but just had a engine rebuild due to cambelt faliure so that sold it for me :smiley:...tell him you will give him £2100 cash... :smiley:

Offline Len

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Re: Found MK3 16v GTI - thoughts on value please!
« Reply #2 on: 31 January 2007, 16:35 »
That N I plate is a turn off.

Great colour but it still aint worth £2400.

Another dealer I assume. tell him to put it on ebay and see what he gets!
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Offline stomper

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Re: Found MK3 16v GTI - thoughts on value please!
« Reply #3 on: 31 January 2007, 16:40 »
I think any dealer is trying to get more than the car's worth as a matter of course. Private sellers TEND to price cars more realistically.

The fact that the tax and MOT runs out soon is an issue aswell.

See if he'll put 12 months tax and MOT on it. Try and knock him down some more but if he's not having it i'd walk away.

At the end of the day mate you're the one forking out so if you think it's worth it go for it.

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Offline l55lee

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Re: Found MK3 16v GTI - thoughts on value please!
« Reply #4 on: 31 January 2007, 16:44 »
Thanks for your thoughts guys.

This car is not with a dealer - it's a private seller.

Interestingly, the N plate 16v that I saw at the beginning of the week for £2,300 (without the f***ing alarm) is now on ebay and that's already going for £2k and it's not a patch on the car that I've seen today.

I'll try my damnedest to get him lower...... :wink:

Do you reckon that the N I plate will have an impact on resale value?
MK3 16v GTI 3dr in Mystic Blue

Offline Len

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Re: Found MK3 16v GTI - thoughts on value please!
« Reply #5 on: 31 January 2007, 16:58 »
Oh yes!

TBH even though I keep saying the price is high I am doing myself a disservice as mine goes down as well.
Mystic Blue Mk3 16v + Black Mk5 Gti 05 plate + Peugeot 405 Mi16

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Offline garfayliu

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Re: Found MK3 16v GTI - thoughts on value please!
« Reply #6 on: 31 January 2007, 17:08 »
I paid £2400 for my 97 P-reg, standard MK3 16V with aircon, FVWSH, 12months MOT, no tax tho, and only 33k miles on clock, that was over a year ago and from main dealer, although I got it at trade price.

I'd expect you should be able to knock yours down another couple of hundred, mainly because of age of car.
« Last Edit: 31 January 2007, 17:10 by garfayliu »

Offline l55lee

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Re: Found MK3 16v GTI - thoughts on value please!
« Reply #7 on: 31 January 2007, 17:13 »
I'll certainly have a good go at knocking him down.

I've been looking at the values on the parkers website and they're quite a lot different than what this guys asking for!

The car has aircon as well.  :smiley:
MK3 16v GTI 3dr in Mystic Blue

bsting

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Re: Found MK3 16v GTI - thoughts on value please!
« Reply #8 on: 31 January 2007, 18:18 »
Sounds goodish, maybe book it in to have it checked out with a vagcom report too

If its a good one after that and you want it, wave what you think its worth in his face (cash)
Less any repairs/issues the check found.

Mystic Blue is a wicked colour :cool:

All the best m8

Offline l55lee

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Re: Found MK3 16v GTI - thoughts on value please!
« Reply #9 on: 31 January 2007, 18:58 »
Hi bsting

Thanks for the advice - I'm glad that you weren't suggesting waving anything else in his face.  :laugh:

I love the colour too and the fact that there's not any of them about is brilliant.

I'll let you know how I get on.

Cheers

Lee
MK3 16v GTI 3dr in Mystic Blue