2004 V40,Whats it worth?

trophydave · Jun 9th, 2017, 19:35

My wife is getting a new car and I can have her old one,so its time to say good bye to my V40,the only thing is I dont know how much its worth.Its a 2004 1.8 Sport,Black with leather interior.Its got 140,000 miles on it and only about a months MOT.The cars in fairly good condition.It has climate control,zenon headlights and heated seats.Some service history although I have done most of the work on it for the three and a half years that I have owned it.Recent oil and filter change,new spark plus and alternator belt.There is probably more that I have forgotten.Roughly how much should I ask for it please?

ITSv40 · Jun 10th, 2017, 08:27

43 people have looked at your post but dare not tell you the truth, so here goes, three parts of b*gger all. Sorry to be harsh, but none of our cars are worth anything, apart from to ourselves as we know how good they are.

The secondhand car market is awash with such cars and it is a buyers market and folks can pick and choose at will - add on the fact that our cars are unfashionable - and no one is going to win any bragging rights when it is parked outside their house.

The best thing to do is look at recent completed listings on ebay and see what similar cars are selling for, that is your best indicator. If similar cars are going for say £300 - 400, start your listing at say £200 -225 and see where it goes. Before trying to sell, get a new MOT on it or else you are looking at scrap value.

john.wigley · Jun 10th, 2017, 09:23

Can't comment on the V40 specifically, but would endorse 'ITSv40's' comments regarding the MOT. As a rule of thumb, any half-decent car with a year's ticket is worth £4 - £500. With a very short MOT like yours many would not even consider it. If you have confidence in the car, the cost of the MOT would be a very sensible investment in the sale indeed.

Regards, John.

dcw · Jun 10th, 2017, 17:27

Have to agree with everything above - sadly our cars never have the financial worth we'd like them to have: their value is rather as a running car for our own use and pleasure.

I would also strongly encourage getting the MOT - people often buy cars worth a few hundred on the basis that they get a year's worth of motoring out of them and perhaps then just start again, but if you're not even looking at a year then it isn't worth it.

Good luck!

David

m0eeb · Jun 10th, 2017, 19:09

Quote:

Originally Posted by trophydave

My wife is getting a new car and I can have her old one,so its time to say good bye to my V40,the only thing is I dont know how much its worth.Its a 2004 1.8 Sport,Black with leather interior.Its got 140,000 miles on it and only about a months MOT.The cars in fairly good condition.It has climate control,zenon headlights and heated seats.Some service history although I have done most of the work on it for the three and a half years that I have owned it.Recent oil and filter change,new spark plus and alternator belt.There is probably more that I have forgotten.Roughly how much should I ask for it please?

Manual or automatic?

trophydave · Jun 11th, 2017, 07:56

Thanks for the replies.Its a manual car.I got a bit of a fright looking at the sold prices on ebay,without an mot I would pretty much have to give it away.I think I will get it tested and see what the outcome is.

m0eeb · Jun 11th, 2017, 08:06

Quote:

Originally Posted by trophydave

Thanks for the replies.Its a manual car.I got a bit of a fright looking at the sold prices on ebay,without an mot I would pretty much have to give it away.I think I will get it tested and see what the outcome is.

Could be interested.....PM me for email address.....photo's etc

trophydave · Jun 11th, 2017, 11:11

It seems I dont have enough posts to send pms.My email is davepearson16(at)(ntlworld)(dot)(com) if you want to contact me.

ilikewatch · Jun 11th, 2017, 12:06

Quote:

Originally Posted by trophydave

Thanks for the replies.Its a manual car.I got a bit of a fright looking at the sold prices on ebay,without an mot I would pretty much have to give it away.I think I will get it tested and see what the outcome is.

On the bright side, as you're in Nottingham you should be near a branch of weonlymot who are completely independent, don't undertake any repair work and so don't have any conflict of interest to encourage them to invent faults...

m0eeb · Jun 11th, 2017, 16:08

Quote:

Originally Posted by trophydave

It seems I dont have enough posts to send pms.My email is davepearson16(at)(ntlworld)(dot)(com) if you want to contact me.

Sent you an email.
it bounced that email back for whatever reason so ive PM you

Jun 9th, 2017, 19:35	#1
trophydave New Member Last Online: Jul 2nd, 2017 07:17 Join Date: Nov 2013 Location: Nottingham	2004 V40,Whats it worth? My wife is getting a new car and I can have her old one,so its time to say good bye to my V40,the only thing is I dont know how much its worth.Its a 2004 1.8 Sport,Black with leather interior.Its got 140,000 miles on it and only about a months MOT.The cars in fairly good condition.It has climate control,zenon headlights and heated seats.Some service history although I have done most of the work on it for the three and a half years that I have owned it.Recent oil and filter change,new spark plus and alternator belt.There is probably more that I have forgotten.Roughly how much should I ask for it please? Last edited by trophydave; Jun 9th, 2017 at 19:38.

Jun 10th, 2017, 08:27	#2
ITSv40 VOC Member Last Online: Today 15:21 Join Date: Mar 2008 Location: Northampton	43 people have looked at your post but dare not tell you the truth, so here goes, three parts of b*gger all. Sorry to be harsh, but none of our cars are worth anything, apart from to ourselves as we know how good they are. The secondhand car market is awash with such cars and it is a buyers market and folks can pick and choose at will - add on the fact that our cars are unfashionable - and no one is going to win any bragging rights when it is parked outside their house. The best thing to do is look at recent completed listings on ebay and see what similar cars are selling for, that is your best indicator. If similar cars are going for say £300 - 400, start your listing at say £200 -225 and see where it goes. Before trying to sell, get a new MOT on it or else you are looking at scrap value. __________________ 2001 V40 2.0lt Sport lux - Daily Driver. 174k miles. 2003 C70 2.4 GT Convertible - Garage Queen. 65k miles. http://www.neptuno6benagil.com

Jun 10th, 2017, 09:23	#3
john.wigley VOC Member since 1986 Last Online: Today 16:38 Join Date: Jan 2007 Location: Leicestershire	Can't comment on the V40 specifically, but would endorse 'ITSv40's' comments regarding the MOT. As a rule of thumb, any half-decent car with a year's ticket is worth £4 - £500. With a very short MOT like yours many would not even consider it. If you have confidence in the car, the cost of the MOT would be a very sensible investment in the sale indeed. Regards, John. __________________ Time flies like an arrow, fruit flies like a banana .....

Jun 10th, 2017, 17:27	#4
dcw VOC Member Last Online: Apr 18th, 2024 21:35 Join Date: Jan 2007 Location: YORK	Have to agree with everything above - sadly our cars never have the financial worth we'd like them to have: their value is rather as a running car for our own use and pleasure. I would also strongly encourage getting the MOT - people often buy cars worth a few hundred on the basis that they get a year's worth of motoring out of them and perhaps then just start again, but if you're not even looking at a year then it isn't worth it. Good luck! David __________________ VOC 400 Series Register Keeper The current fleet: 1997 440 LE, 1996 460 CD, 1994 480 GT and 2007 V50 SE Sport

Jun 11th, 2017, 07:56	#6
trophydave New Member Last Online: Jul 2nd, 2017 07:17 Join Date: Nov 2013 Location: Nottingham	Thanks for the replies.Its a manual car.I got a bit of a fright looking at the sold prices on ebay,without an mot I would pretty much have to give it away.I think I will get it tested and see what the outcome is.

Jun 11th, 2017, 11:11	#8
trophydave New Member Last Online: Jul 2nd, 2017 07:17 Join Date: Nov 2013 Location: Nottingham	It seems I dont have enough posts to send pms.My email is davepearson16(at)(ntlworld)(dot)(com) if you want to contact me.

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