[brandonbardsley]

Hey guys just thought I'd let you know what they are selling my Cooper D for at Halliwell Jones in Wilmslow, baring in my they took this car back off me due to all the issues I had including mechanical issues...

My outstanding finance when they took the vehicle back was £16,550. They're selling it for £14,480.

That's a 13 month old car with 7311 miles on the clock, I know there was a thread about vehicle values and this sort of sums it up really. I purchased the car for £17,780 in March 2015 and in the 9 months I had it they valued my car at £12,100 during the hand back process in December 2015 and are now selling it January 2016 for £14,480.

So not only did MINI refund the difference between £16,550 and £12,100 to the dealer but they're also making £2,380 on the sale... If it sells.

https://www.approvedusedminis.co.uk/car-details?ch=WMWXN32010T966576.12235&mstk=15894227661!13#

 

[bjblyth]

If they've fixed all the issues, then it feels like a fair price to me?

No doubt they won't actually sell for the advertised price, probably £14k I would think. Loss of £3k in a year is interesting - but as you well know, I don't care about depreciation! If I did, I wouldn't have bought a new Mini!

My 2004 Cooper, I bought for £3950 and sold it a year later for £3900, having put 10,000 extra miles on the clock (and it had been in an accident!)

 

[jeremybingham]

Yes never buy a new car if you want to minimise your depreciation.Dealers seem to want to make £2000 on a car!Gulp.. let's hope they've spent some time on it and sorted it!

 

[Saurabhdutt]

I had a Skoda Citigo for 11 days and was returned/swapped because the whole engine needed replacement. After a few months I came across that same car on Skoda forum and that poor guy had nothing but trouble with that car. He mentioned that he had bought an almost brand new car as the car had been retuned, reason; customer was too old and he didn't know what he was doing. In the end he found out the entire history of the car and that guy was sad and frustrated, sold his car and never went back to Skoda.

World is too smalll these days and dealers should understand that....

 

[brandonbardsley]

If they've fixed all the issues, then it feels like a fair price to me?

No doubt they won't actually sell for the advertised price, probably £14k I would think. Loss of £3k in a year is interesting - but as you well know, I don't care about depreciation! If I did, I wouldn't have bought a new Mini!

My 2004 Cooper, I bought for £3950 and sold it a year later for £3900, having put 10,000 extra miles on the clock (and it had been in an accident!)

Indeed I know you don't care, but that guy who was asking about trading it in does! Just thought it was hilarious that not only did MINI refund the difference between the £12,100 they paid for my car and the £16K I owed... But then also plan to go and make £2,000 on the sale. At the end of the day I didn't buy my F56 new... It was pre-registered with one owner being Halliwell Jones (just saying).

Yes never buy a new car if you want to minimise your depreciation.Dealers seem to want to make £2000 on a car!Gulp.. let's hope they've spent some time on it and sorted it!

Their mark-ups nowadays are incredible! Its safe to say or hopefully say I won't have any issues with my new SD.

I had a Skoda Citigo for 11 days and was returned/swapped because the whole engine needed replacement. After a few months I came across that same car on Skoda forum and that poor guy had nothing but trouble with that car. He mentioned that he had bought an almost brand new car as the car had been retuned, reason; customer was too old and he didn't know what he was doing. In the end he found out the entire history of the car and that guy was sad and frustrated, sold his car and never went back to Skoda.

World is too smalll these days and dealers should understand that....

No way! That is so so bad, that's another reason why I wanted to post it on here so if any potential buyer does come along and see's this car that they stay away from it.

I have a document in my filing cabinet that states how many items have been replaced, not including the gearbox and I'll be damned if it doesn't say over 100 parts.

DO NOT BUY MM64 TXA, this is a fore warning! :x

 

[2GOOD]

I don't understand how anyone can think that £2000 is too much mark up? Look at the buildings & the number of staff working at the dealerships. We're not buying these cars from used car car lots are we? Where do you think the money comes from to run their sites?

 

[brandonbardsley]

I don't understand how anyone can think that £2000 is too much mark up? Look at the buildings & the number of staff working at the dealerships. We're not buying these cars from used car car lots are we? Where do you think the money comes from to run their sites?

I'm not saying from their perspective its too much, that's probably nothing compared to what them make on a brand new registration but from my perspective if I was going to trade that car in rather than them buy it back, I'd be furious to find out they only offered £12,100 meaning I had to pay £4k negative equity and then they go sell it for £14,480.

 

[opal]

Hi Brandon
What the dealers are asking for the car isn't the issue as far as I'm concerned.

If the car has had to be returned as a 'lemon' & 'not fit for purpose' then I don't think it is ethical of the dealer to retail the car.

Its quite possible the new owner could join this forum or possibly contact you about the past history of the car. How would the dealer explain that to the new owner?

 

[brandonbardsley]

Hi Brandon
What the dealers are asking for the car isn't the issue as far as I'm concerned.

If the car has had to be returned as a 'lemon' & 'not fit for purpose' then I don't think it is ethical of the dealer to retail the car.

Its quite possible the new owner could join this forum or possibly contact you about the past history of the car. How would the dealer explain that to the new owner?

Exactly, hence that being one of the reasons I posted the link to make sure people avoided it as much as possible.

 

[jeremybingham]

Thing is they surely couldn't scrap it or could they; faulty cars on the production line go into a pound where they are worked on by a specialist team. If Brandon's car is treated similarly ie ALL the faults are sorted before resale i suppose that's fair does-we talk about lemons but nothing is really unsolvable these days-just time! BUT if they havent bothered and i am sure many of us suspect that might be the case knowing some car dealers (not saying mini-hope they're better than that and of course it'll have a warranty) then that would be criminal!

 

[bjblyth]

Thing is they surely couldn't scrap it or could they; faulty cars on the production line go into a pound where they are worked on by a specialist team. If Brandon's car is treated similarly ie ALL the faults are sorted before resale i suppose that's fair does-we talk about lemons but nothing is really unsolvable these days-just time! BUT if they havent bothered and i am sure many of us suspect that might be the case knowing some car dealers (not saying mini-hope they're better than that and of course it'll have a warranty) then that would be criminal!

Given it was 3 weeks between you swapping over Brandon, you would think that have done as Jeremy says and given a good going over and solved any problems it had.

If we all knew the exact history of our used cars I think the market may be a lot smaller! When I sold my 2004 Cooper it had been in the wars, with some drunk idiot walking over the top of it from front to back one night when I was parked outside a hotel, resulting in a bonnet dent, roof dent and the rear wiper snapped off. I fixed this and then not long after got rear ended when braking to avoid hitting a hundred sheep in the road!

Both were fully sorted through insurance and the car was as good as new and I ran it for a few months before selling for the same I'd paid for it, and the buyer knew about the issues as I provided the paperwork. If he sells it on though, will the next buyer know? It's hard to keep track and I just hope Mini have done the right thing with your old one. I'm confident they will have.

 

[swearingino]

Used cars are typically sold AS IS, at least in the states. It's always buyer beware and up to the buyer to do his homework. Also, profit is not a dirty word.

 

[kenl]

I doubt that they will fix any problems (please remind us what was still wrong when you handed it back) before sale unless major.

Many years ago I was looking at a used Fiat Tipo. I was close to clinching a deal, had taken a test drive etc. When I opened the bonnet I found a half full bottle of oil in a recess, an oily rag and clear signs of an oil leak.

When I asked if it was for sale like this, the sales person said they would fix it if I agreed to buy it! The car was less then 2 years old!

 

[opal]

The car is going to get a check over before resale but knowing the car had been returned for many problems, the ethical thing would be for the dealers to auction the car off or sell it through the trade, not to retail it in an effort to maximise profits.
I realise dealers have to make a profit but what price is their good name.

I certainly wouldn't be happy if I found out that I had bought someones cast off, warranty or not.

 

[daydotz]

The car is going to get a check over before resale but knowing the car had been returned for many problems, the ethical thing would be for the dealers to auction the car off or sell it through the trade, not to retail it in an effort to maximise profits.
I realise dealers have to make a profit but what price is their good name.

I certainly wouldn't be happy if I found out that I had bought someones cast off, warranty or not.

Not really fair on the trader who ends up with a lemon dare say it will go through their approved used program for its worth & the warranty will pay them to fix the issues when they get noticed

 

[brandonbardsley]

I doubt that they will fix any problems (please remind us what was still wrong when you handed it back) before sale unless major.

Many years ago I was looking at a used Fiat Tipo. I was close to clinching a deal, had taken a test drive etc. When I opened the bonnet I found a half full bottle of oil in a recess, an oily rag and clear signs of an oil leak.

When I asked if it was for sale like this, the sales person said they would fix it if I agreed to buy it! The car was less then 2 years old!

The only thing it had wrong with it when it was handed back was the fact part of the drivers door trim was loose and came out of place with minimal pressure, but because it was an area of use it happened a lot.

The main reason I posted was so that if any potential buyer comes along this forum they can stay away from that car because it 7 months it had over 100 parts replaced.

 

[Souper]

Well I sold my mini back to Sytner Nottingham at huge loss to myself. Glad to be rid of it because it worked without fault for 4 weeks out of the whole year. What annoyed me was that when I returned it they told me they would just fix it and sell it. Well, they had it four times and replaced all parts while I had it and that didn't work.

Happily I'm now the owner of a Mazda; the new 2 that replaced the model I traded for the mini. So far it's been without fault; by this stage I was on about fault 4 or 5 on the mini.

 

[brandonbardsley]

Well I sold my mini back to Sytner Nottingham at huge loss to myself. Glad to be rid of it because it worked without fault for 4 weeks out of the whole year. What annoyed me was that when I returned it they told me they would just fix it and sell it. Well, they had it four times and replaced all parts while I had it and that didn't work.

Happily I'm now the owner of a Mazda; the new 2 that replaced the model I traded for the mini. So far it's been without fault; by this stage I was on about fault 4 or 5 on the mini.

I take it MINI UK refused the buy back free of charge? To be fair it took me nearly 20 dealership service bookings for them to consider my case.

 

[opal]

Not really fair on the trader who ends up with a lemon dare say it will go through their approved used program for its worth & the warranty will pay them to fix the issues when they get noticed

Agree it may not be fair on anyone who buys it if its a lemon, however if you're a private buyer buying it from a MINI dealer as a 7 month old 'Mini cherished used car' you would expect it the dealer to sell only the best used cars.

Conversely if your a trader and buy a car through the trade or at auction you will be aware that it is often the cars that dealers cant retail themselves for some reason that end up in actions and trade deals.

 

[Hurbert II]

This is where internet forums etc drive me nuts.

So, Brandon had a bad experience with his MINI and it went back with a lot of problems and now it's on sale again.

I mean no disrespect at all to you Brandon, but you're definition of problems could be a lot different to other peoples. (I only say this because I have been guilty of it myself in the past)
Halliwell Jones could have spent 3 weeks going over the car with a fine tooth comb resolving all of your raised issues.
The car also could have been back to Oxford for a factory QC.

The fact of the matter is we live in a commercial world and I'm not sure what you expect MINI to do with that car? Crush it? Right off £15k? We'll all end up paying then. Any new buyer will be protected by the Sale of Goods Act and the new "enhancements" covering the sale of new and second hand cars.

All we're doing here is speculating and potentially damaging someones business (Halliwells).