General What’s it worth?

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General What’s it worth?

Slevin Kelevra

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Hi Folks,

I’m going to be selling my Panda 100HP in the near future and was wondering what the going rate is for a good one?

Brief details are

56 plate car
92000 miles backed up by MOTs and FSH
7 owners including myself
MOT until Jan 21
Service history book fully stamped up.

Leather seats
Climate control
Bluetooth
CD Player
Trip computer etc
Spare key
All Books


The car comes with a folder full of paperwork including old MOTs

Recent work carried out during my ownership-
Timing Belt/ Tensioner
Water Pump
Alternator belt
Service, Plugs, Filters, Oil etc
4 Goodyear F1 Tyres and Alignment
Discs and Pads all round
All 4 Alloys refurbished
New shocks and springs all round, plus Top mounts
1 Bottom Arm
Window Wipers
Headlights polished
Front bumper repainted


Totally standard car ( with the exception of one Silicone hose ) that has been very well looked after and maintained properly throughout its life. If you look at the online MOT checker you will see it has only ever failed 1 MOT with the reason being a tyre with a cut in it.

The car is in excellent condition for its age. The interior is almost mint.


This isn’t a for sale post.

Apologies for the absolutely terrible pics but they are just to show that car is in my possession.




Cheers.



https://ibb.co/m5sLMpX
https://ibb.co/6H0gp5T
https://ibb.co/JdhRfYX
 
Cheers Dave. They seem to go for anywhere from £1000 to £3000. Mines is a very solid example so hopefully towards the higher end of that scale.
 
Basically it's worth what someone is prepared to pay for it.

Objectively, a 14yr old small Fiat with near 100k on the clock is an end of life vehicle; if it were a 1.2, it'd likely fetch little beyond scrap money, but the 100HP is crossing over to being a collectable car now, and asking prices are adjusting accordingly. That said, someone buying a car vith a view to it being a potential future classic most likely isn't going to be much interested in a car with nearly 100k and seven previous owners.

A mint one owner example with 20k on the clock would be a different proposition; they are the ones that are making substantial premiums just now.

It's hard to know where to start with pricing it; if you ask too much, all you'll get is an endless stream of cold calls from hustlers trying to get money off you to advertise it elsewhere, but if it sold within minutes and the phone never stopped ringing, you'd wish you'd priced it higher.

To get anywhere near £2k-£3k, you'll need to find a private buyer. Book trade value is about £750.

Here's one for comparison that's for sale at the moment:

https://www.gumtree.com/p/fiat/1.4-fiat-panda-100hp/1382397327

The buyer is asking £1600 and it's still available two weeks after being advertised.
 
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Thanks folks,

Age and miles of a car are fairly irrelevant when it comes to cheap motors like Pandas. I know if it were me looking for one again, I’d be searching for one like mine. A car that has been maintained properly throughout its life (with proof), hasn’t failed a million MOTs and has absolutely zero issues wrong with it.

99% of the cars you see for sale have issues ranging from fairly minor sounding to fairly serious. If someone wants to buy one of these cars then have to spend money on it then fair enough.
 
I’m not sure what your opinion nice is Koalar but the 2010 one you linked to seems like it has some issues. The advert is complete waffle also. Straight away that car needs money spent on it.

Needs paint, damaged wheel arch and needs bits and bobs for its next mot. Sounds like a great car lol.
 
...when it comes to cheap motors like Pandas...

Exactly, these are cheap motors. Back in 2010, you could have driven a brand new 100HP out of the showroom for under £8000. So £2k+ for a 14yr old 7 owner example with near 100k on the clock just doesn't add up.

I've looked carefully at all the ads others have linked to. I'd agree with you that many of these just aren't worth buying, at any price above scrap value.

Having seen these, if you want me to put numbers to it, I'd advertise it for £1500 and hope for £1250.

If you took it to WBAC, you'd be lucky to walk away with £600.
 
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its a difficult one.


you need the right buyer. Thats

A local
B Really wants a 100HP and nothing else


there's plenty of small fun cars to choose from for under £2000 with £20 Road tax. Even the tiny bottom of the rung 1.2 i10 makes 87HP and the active comes with height adjustable seat and 4 electric windows on the door. I just picked this at random as I have just fixed one that the owner is going to put up for sale at 2.2K on a 2013

it worth more than the post above to the right person. However the post above pitches it a realistic sellable price


After all we all see 50p on ebay at ridiculous prices all except 1 are worth 50p most go through with no bids. like I said you can advertise anything at any price. Its what sells that matters.


might be worth trying We buy Any Car they give approx 50% of its worth.
 
Exactly, these are cheap motors. Back in 2010, you could have driven a brand new 100HP out of the showroom for under £8000. So £2k+ for a 14yr old 7 owner example with near 100k on the clock just doesn't add up.

I've looked carefully at all the ads others have linked to. I'd agree with you that many of these just aren't worth buying, at any price above scrap value.

Having seen these, if you want me to put numbers to it, I'd advertise it for £1500 and hope for £1250.

If you took it to WBAC, you'd be lucky to walk away with £600.

auto trader recommended £1,573 and expect to get £1,430

I think they charge £75

so seems to be in the correct ballpark

If you aren't using it much. There are some MOT gaps its either worth getting some money back quickly. In another couple of years it will only be worth half as much.

or hang on to it for another 10 years and hope it becomes a classic.


Personally I think a standard 169 panda will become like the 2CV. Over the last 3 years as I walk into town I use to see around 15 Pandas now I am lucky to see 3 or 4.
 
Cheers Dave. They seem to go for anywhere from £1000 to £3000. Mines is a very solid example so hopefully towards the higher end of that scale.

£3000 will almost certainly be from a dealership with some sort of warranty and some come back if everything goes wrong, even with the worst dealers you have some protection if the car explodes an hour after driving it away. In a private sale you have no come back at all so you wouldn’t pay max price for a car being sold off a street corner by a bloke called Dave who may or may not live nearby.

Previous owner details are no longer ok the V5c and people trade cars without sending the relevant paperwork off to either register it to them or tell the DVLA it’s in the possession of a trader so rightly so people will be more reluctant to pay big money in a private sale.
 
£3000 will almost certainly be from a dealership with some sort of warranty and some come back if everything goes wrong... ...people will be more reluctant to pay big money in a private sale.

Exactly.

My rule of thumb in arriving at a fair private sale figure is to divide the difference between trade value and forecourt price into three parts; one part for the seller, one for the buyer, and one to compensate for the warranty & consumer rights you won't have.

So (purely for illustration) if the forecourt price were £10000, and the trade value £7000, I'd suggest a fair private sale price would be £8000. Both buyer and seller will be £1000 better off than if a trader were involved, and there is £1000 spare to pay for any repairs which would otherwise be the responsibility of the selling dealer.

Lots of folks advertise their cars for near forecourt money in a private sale. Generally speaking, they don't get much response, and end up selling to the trade for less than they'd likely have got if they'd priced it more reasonably in the first place.
 
Exactly.

My rule of thumb in arriving at a fair private sale figure is to divide the difference between trade value and forecourt price into three parts; one part for the seller, one for the buyer, and one to compensate for the warranty & consumer rights you won't have.

So (purely for illustration) if the forecourt price were £10000, and the trade value £7000, I'd suggest a fair private sale price would be £8000. Both buyer and seller will be £1000 better off than if a trader were involved, and there is £1000 spare to pay for any repairs which would otherwise be the responsibility of the selling dealer.

Lots of folks advertise their cars for near forecourt money in a private sale. Generally speaking, they don't get much response, and end up selling to the trade for less than they'd likely have got if they'd priced it more reasonably in the first place.
I agree, but a while ago I tried to sell a Vauxhall Insignia privately for trade money, no one was interested, apart from the usual people wanting me to MOT it early and supply it as if I was a trader without the increased price, I wound up selling to a dealer for the same price as I had advertised it, but I wanted someone to get a good car at a good price instead of the dealer adding their chunk on top, but it wasn't to be, sometimes it isn't possible to do people a good turn.
 
There's quite a few just over 2K cars that are bargains at the moment. Been following a few I thought would have instantly sold but are still there weeks later


Just fall in the dead area of cars that aren't new enough for people with money and beyond people that are after a cheap run around
 
I agree, but a while ago I tried to sell a Vauxhall Insignia privately for trade money, no one was interested, apart from the usual people wanting me to MOT it early and supply it as if I was a trader without the increased price, I wound up selling to a dealer for the same price as I had advertised it, but I wanted someone to get a good car at a good price instead of the dealer adding their chunk on top, but it wasn't to be, sometimes it isn't possible to do people a good turn.

Always stick a new mot on any car. In the past I have bought a car from auction for about £200 ish put it through an mot and tidied it up with a wash and polish an immediately sold it again for £800 having spent £40 on an MOT and about a 5iver and some elbow grease on making it look a bit better. The MOT makes people think that it’s mechanically sound. But if it’s a few months after the MOT people can think that either the car has not sold because of some unseen problem or that there is a fault and you’re trying to get rid quickly. A brand new MOT makes the world of difference.
 
Always stick a new mot on any car. In the past I have bought a car from auction for about £200 ish put it through an mot and tidied it up with a wash and polish an immediately sold it again for £800 having spent £40 on an MOT and about a 5iver and some elbow grease on making it look a bit better. The MOT makes people think that it’s mechanically sound. But if it’s a few months after the MOT people can think that either the car has not sold because of some unseen problem or that there is a fault and you’re trying to get rid quickly. A brand new MOT makes the world of difference.
There is more of a demand for sub £1000 cars
The car I was selling at £4500 would have been £7500 retail at a dealer, It was in mint condition, full history and 2k worth of warrantee work done 4 months previous, and it had 6 months MOT. I was selling because I had bought another Merc and couldn't get another car on the driveway, I should have kept it and left it in the street.
 
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