car values

[PJ Grady (Europe)]

Agreed.

General values we use are something like:

1) UK registered, no MOT, poor condition - £11k - £12k.
2) UK registered, MOT, average condition - £14k
3) UK registered, MOT, fair condition - £16k
4) UK registered, MOT, good/excellent condition £17.5k
5) UK registered, MOT, show condition - £20k

With #5 - the additional cost is for that 'something special'. If the car has extremely low mileage, is concours condition or has some special history to it - the step up in price can be justified.
Spending ££££ on a regular DeLorean won't make it a £20k car. Cars selling for £20k+ have a history or very low mileage which is what gives them extra value.

Of course - RHD's command a premium over LHD - if you can get one!

The difference in the prices across the range are pretty reflective of what it would cost to take (say) an average condition £14k car into an excellent condition £17.5k car - in this case ~£3.5k of new parts and labour.

Good to see the values increasing - and note that the lower end of the scale isn't moving that much - which means people looking to buy their first car aren't being precluded.

Darren