themag

Hey guys I am putting my 03 Mp5 up for sale. It kills me to sell it but I must. I have a baby due in about a week and I could really use my $365 monthly car payment, I know I got screwed on my loan. My boss gave me a 95 Subaru Legacy for free so I can save money. My car is a laser blue 03 with a cai and lowjack. It runs great, only problems are a few door dings. I was thinking about selling it for 10k, good price? I do love my car and I will miss it but I love my baby more.

_Kansei_

How many miles on it?

Any rust?

10k would be almost a good price if it was like.. 3k miles and mint, no rust. I bought mine on Feb 2004 for 10999 with 7k miles on it, completely mint --from a dealer. Maybe I got a really good deal on it (it was some sort of holiday weekend that gave 2k off the price of any car on the lot) and I'm jaded, but I was buying a car that by production date (June 2002) wasn't even two years old yet, with single digit thousands of miles, from a dealer, with warranty, etc. Your car is twice as old, probably has significantly higher mileage, etc.

Just quickly running the numbers on an 03 with 55000 miles (just a guess, I would expect a little higher) and in 'good' condition (door dings = not excellent, hundreds of dollars of body work) they say $9400. Your number isn't too bad in that case, but I don't see them selling over 8k private seller (and haven't in a year or more).

themag

It has 58K on it. I was getting that price off Kelly Blue Book.

themag

and no rust

_Kansei_

no rust.. niiice. If I had the time I'd put my car back to stock, sell it (it's a 2002.5 with 92k miles so I'd only get like 6k selling it), buy your car, and transfer my mods to it I'm in my fourth year of college so I barely have time to do anything fun.

I hope you find a seller quickly!

Congrats on the baby!

themag

Thanks for the input. I guess I will post it in the mid 9k range and see how that goes.

TheDirtyGoatee

If anyone knows about getting screwed it's this guy. I bought mine for 9k from a dealer, not mint but in good condition. (I wanted to spruce it up anyhow) but my trade it killed it all to hell. I still owed alot on it and it jacked the price up to about 13,200. Yeah, so don't feel too bad. Hope it sells dude. Also, congrats on the baby.

J-Protege

That may be what Blue Book says, but you might have a hard time. I've seen MP3s and MSP go for under 9k.

Not trying to bring you down, just saying.

JoshP5

Check edmunds.com for a more realistic estimate of your car's value.

PS Jealous--I wanna live in Boulder BADLY.

KrayzieFox

I remember Topher's MP3 going for $5500 and that car was probably worth double. I wish I would've bought that .. stupid stupid stupid!! That car was well worth twice that much!

_Kansei_

well worth it for an enthusiast, maybe.

I know I wouldn't buy a car with any mods on it, unless I got a huge discount

themag

Thank you guys for the help! I listed it on craigslist for $9,500 and go from there. My only hope is the rich people here in Boulder spend money like its nothing. A part of me doesnt want it to sell because I love it so much. I should just put my son to work right away to help me with the payments!

themag

edmunds had 03 MP5's listed for $9,168. I wasn't far off.

Roddimus Prime

i sold my modded P5 for $9500 with only 32k miles on it in pristine condition with about $4k in upgrades (everything minus the SC kit and Haltech)

sumo_Bob

Holy crap... Matty IS alive.