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1992 MX5 for £4K, what do you think?

tomstickland
Posts: 19,538 Forumite

in Motoring
My father has been looking at buying an MX5. He's got a boring car (Focus) and an interesting motor bike (BMW something or other), plus now he's bought a minibus for group use. So he's got too many vehicles and it's not cost effective. Anyway, he's keen on replacing the bike and car with a sort of compromise fun car, like an MX-5. A good idea I reckon.
We went to look at an MX-5 for a laugh tonight. The guy wanted £4K for it. Too much I thought. But then we looked at it. Garaged since new, over serviced, not a blemish, 35K miles, UK spec, hard top included etc.
Then again, 1.6 rather than 1.8 and still a bit expensive.
I've looked on Autotrader and you can buy 1992 1.6s for £2K nowadays, maybe with more miles.
I've told him to go and look at more to get a better feel for what you get for the money.
Then again, he'll get £8K for the bike and Focus so can come out in profit and with a new toy.
Parkers now charge to look at their price guide, so apart from nipping into a newsagents to take alook, are there any other online price guides?
We went to look at an MX-5 for a laugh tonight. The guy wanted £4K for it. Too much I thought. But then we looked at it. Garaged since new, over serviced, not a blemish, 35K miles, UK spec, hard top included etc.
Then again, 1.6 rather than 1.8 and still a bit expensive.
I've looked on Autotrader and you can buy 1992 1.6s for £2K nowadays, maybe with more miles.
I've told him to go and look at more to get a better feel for what you get for the money.
Then again, he'll get £8K for the bike and Focus so can come out in profit and with a new toy.
Parkers now charge to look at their price guide, so apart from nipping into a newsagents to take alook, are there any other online price guides?
Happy chappy
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Comments
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Whats wrong with the WHS Municipal library service?..The Early bird may catch the worm ...but its the second mouse that gets all the cheese!0
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A guy at work has a 1991 H plate Mx5 for sale with 57k on the clock and he wants £3250. You can use that as a comparison.If you found my comment helpful, please click the 'Thanks' button below :T0
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OK, thanks for the info.
I've told him to sell the bike privately. Is there an Autotrader equivalent for bikes?Happy chappy0 -
Yep, it's called Biketrader and you can get to it from their website.
Sounds like a lot for a 14-year old car, I never knew that MX5s were so expensive!0 -
I sourced an H reg Mx5 for a customer/friend for £4000, the summer before last.
It was like new 28000 miles & no probs it being 1.6.
considering the rubbish I'd looked at before finding this one, you're lucky to have found yours so easily!!
BUY IT!!
& to get an idea of the bikes worth, chat to Nick at http://www.forcemotorcycles.com he knows his stuff & MIGHT offer to sell it for you, to save some advert costs!!
VB0
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