How Much Is It Worth?

jims-terrano · 12-02-2015, 20:04

I know the old question and to adapt a phrase, value is in the eye of the beholder.

Just got a px valuation for mine and to be honest was shocked. I understand that it is worth more to me than a dealer, I'm not so naive.

So here goes see what you guys reckon.

Terrano 2.7tdi SE LWB 130,000 2005 and 12 months MOT.

Looks like there will be a cheap Terrano on here instead of a dealers forecourt or auctions.

clivvy · 12-02-2015, 20:13

looks like the mileage is the killer. Ebay cars are mostly less than 100k, average is 60, they are around 3-5k

supergnome · 12-02-2015, 20:36

£1000 would be my guess.

jims-terrano · 12-02-2015, 20:47

Quote:

Originally Posted by supergnome

£1000 would be my guess.

Jeez you are worse than the dealer

think you need a career change, I hear Arfa Daily is taking on at the moment

What I don't understand is they'd give me £500 for the 1996 truck.

clivvy · 12-02-2015, 21:02

i reckon probably 3.5k at this time of year at that mileage.

Sweety · 12-02-2015, 21:20

A dealer should have offered easily 2K for it & up here T2's that age & sort of mileage are selling from 4-5K off forecourts no bother so I would think 3-3.5K plus it's one of the last ones where road tax isn't silly money unlike the very last of the 55 plates/06 platers which is £485 a year

supergnome · 12-02-2015, 21:23

Only trying to make you feel better Jim.

jims-terrano · 12-02-2015, 21:38

Hey dont worry fella it's fine. It was only first px valuation anyway. Didn't expect to get what I paid for it but they were jokers.

I hate selling cars privately so I'm reluctant to go down that road for sure. Won't be ready to seriously look until end of the month. Pretty much decided what car to go for.

Ogri · 12-02-2015, 23:17

My guess is that if they want to put it on the forcourt about £1950, if they don't about £ 1350. They would retail it at about £3950 however.

Certainly doesn't seem fair though.

briggie · 12-02-2015, 23:29

the short answer is its worth whatever someone wants to pay for it , good luck jim

jims-terrano · 13-02-2015, 00:04

Very true Pete but I aint letting it go for £1330, I'd rather break it but I know that it won't come to that.

bud · 13-02-2015, 01:49

Jeees cars dont hold there value much there do they... there are three types here in nz you can garuntee are a sure thing. The holden commodore, a toyota hilux or land cruiser or a nissan terrano d21/or r20 and the safari patrol, your still paying upwards of 18-20 k for a 2000 ish toyota or nissan and our 2003 holden commodore is still on the books at what we paid for 4 years ago at 14 grand. Everything else yoy can buy at pretty much scrap or part out price. Rangies euro type 4wd dont last long here too much water and mud for the electrics. The japa,s just keep going and going.

perelaar · 13-02-2015, 08:30

Paid 1800 € (1350£) for a 1997 SWB SR with 178k miles last September...

Only really needed to change the tyres.

macabethiel · 13-02-2015, 10:03

Its a minefield is valuation when I was a car salesman at a multi franchise main dealer back in the early 70's the "basic valuation" was its cash value at auction or a price underwriten on the phone by a trade buyer (these days its the sales manager).

Each motor on our forecourt had a retail price be it new or used and built into the stock number was a short code showing me the profit margin in the vehicle the punter was interested in plus how long the vehicle had been in stock. We used letters as well as numbers so if the public saw our stock list it would not mean anything to them.

My income was a fairly generous basic wage of £2,000 per annum plus company car and unlimited fuel. Then for each car sold I received a percentage of the retained profit margin enabling me to increase my income substantially. (In those days there was no such thing as company car tax or tax on benefit in kind.)

That meant that to tempt a buyer instead of offering the cars trade value (as most car supermarkets do today) I could add onto the part exchange price part of the actual profit margin on the car the punter was interested in. This creates a false higher value that the buyer perceives as a better trade in value. We would very often sell the part exchanged vehicle at a loss that was offset against the car sold. If the part exchange was a desirable one we could add a profit margin to it and retail it ourselves.

In the 70's used cars were hard to come buy so only high mileage cars and those in poor condition were traded. I worked in Derby & Burton on Trent.

We would buy a lot of our used cars from Anglesey as they were invariably low mileage but once a few years old they would rot faster due to the exposure to sea air / solt.

12-02-2015, 20:04	#1
jims-terrano Senior Member Join Date: Sep 2004 Location: UK Posts: 12,965	How Much Is It Worth? I know the old question and to adapt a phrase, value is in the eye of the beholder. Just got a px valuation for mine and to be honest was shocked. I understand that it is worth more to me than a dealer, I'm not so naive. So here goes see what you guys reckon. Terrano 2.7tdi SE LWB 130,000 2005 and 12 months MOT. Looks like there will be a cheap Terrano on here instead of a dealers forecourt or auctions.

13-02-2015, 10:03	#14
macabethiel Senior Member Join Date: Aug 2008 Location: Derby Vehicle: Freelander & Jeep GC 3.0 Posts: 4,416	Value of your motor ? Its a minefield is valuation when I was a car salesman at a multi franchise main dealer back in the early 70's the "basic valuation" was its cash value at auction or a price underwriten on the phone by a trade buyer (these days its the sales manager). Each motor on our forecourt had a retail price be it new or used and built into the stock number was a short code showing me the profit margin in the vehicle the punter was interested in plus how long the vehicle had been in stock. We used letters as well as numbers so if the public saw our stock list it would not mean anything to them. My income was a fairly generous basic wage of £2,000 per annum plus company car and unlimited fuel. Then for each car sold I received a percentage of the retained profit margin enabling me to increase my income substantially. (In those days there was no such thing as company car tax or tax on benefit in kind.) That meant that to tempt a buyer instead of offering the cars trade value (as most car supermarkets do today) I could add onto the part exchange price part of the actual profit margin on the car the punter was interested in. This creates a false higher value that the buyer perceives as a better trade in value. We would very often sell the part exchanged vehicle at a loss that was offset against the car sold. If the part exchange was a desirable one we could add a profit margin to it and retail it ourselves. In the 70's used cars were hard to come buy so only high mileage cars and those in poor condition were traded. I worked in Derby & Burton on Trent. We would buy a lot of our used cars from Anglesey as they were invariably low mileage but once a few years old they would rot faster due to the exposure to sea air / solt.

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12-02-2015, 20:13	#2
clivvy Senior Member Join Date: Mar 2009 Location: Huddersfield Vehicle: Terrano 03 LWB Posts: 6,947	looks like the mileage is the killer. Ebay cars are mostly less than 100k, average is 60, they are around 3-5k

12-02-2015, 20:36	#3
supergnome Senior Member Join Date: Sep 2010 Location: Isle of Axholme Vehicle: T2, 2.7 TDI 2002 lwb Posts: 955	£1000 would be my guess.

12-02-2015, 21:02	#5
clivvy Senior Member Join Date: Mar 2009 Location: Huddersfield Vehicle: Terrano 03 LWB Posts: 6,947	i reckon probably 3.5k at this time of year at that mileage.

12-02-2015, 21:20	#6
Sweety Senior Member Join Date: May 2013 Location: Northumberland Vehicle: Terrano 2.7TDI SE LWB Posts: 3,604	A dealer should have offered easily 2K for it & up here T2's that age & sort of mileage are selling from 4-5K off forecourts no bother so I would think 3-3.5K plus it's one of the last ones where road tax isn't silly money unlike the very last of the 55 plates/06 platers which is £485 a year

12-02-2015, 21:23	#7
supergnome Senior Member Join Date: Sep 2010 Location: Isle of Axholme Vehicle: T2, 2.7 TDI 2002 lwb Posts: 955	Only trying to make you feel better Jim.

12-02-2015, 21:38	#8
jims-terrano Senior Member Join Date: Sep 2004 Location: UK Posts: 12,965	Hey dont worry fella it's fine. It was only first px valuation anyway. Didn't expect to get what I paid for it but they were jokers. I hate selling cars privately so I'm reluctant to go down that road for sure. Won't be ready to seriously look until end of the month. Pretty much decided what car to go for.

12-02-2015, 23:17	#9
Ogri Senior Member Join Date: Feb 2007 Location: Staffordshire Vehicle: 2004 Terrano 2.7 Td SE Posts: 324	My guess is that if they want to put it on the forcourt about £1950, if they don't about £ 1350. They would retail it at about £3950 however. Certainly doesn't seem fair though.

12-02-2015, 23:29	#10
briggie Senior Member Join Date: Mar 2010 Location: peoples democratic republic of west yorkshire Vehicle: " alice " Posts: 10,473	the short answer is its worth whatever someone wants to pay for it , good luck jim

13-02-2015, 00:04	#11
jims-terrano Senior Member Join Date: Sep 2004 Location: UK Posts: 12,965	Very true Pete but I aint letting it go for £1330, I'd rather break it but I know that it won't come to that.

13-02-2015, 01:49	#12
bud Senior Member Join Date: Mar 2014 Location: new zealand Vehicle: Terrano 2 Posts: 254	Jeees cars dont hold there value much there do they... there are three types here in nz you can garuntee are a sure thing. The holden commodore, a toyota hilux or land cruiser or a nissan terrano d21/or r20 and the safari patrol, your still paying upwards of 18-20 k for a 2000 ish toyota or nissan and our 2003 holden commodore is still on the books at what we paid for 4 years ago at 14 grand. Everything else yoy can buy at pretty much scrap or part out price. Rangies euro type 4wd dont last long here too much water and mud for the electrics. The japa,s just keep going and going.

13-02-2015, 08:30	#13
perelaar Senior Member Join Date: Sep 2014 Location: Belgium Vehicle: Terrano II 2.7TDi SWB '97 Posts: 802	Paid 1800 € (1350£) for a 1997 SWB SR with 178k miles last September... Only really needed to change the tyres.