MINI hoarding tendencies.

Discussion in 'MINI' started by Zillon, Jan 21, 2015.

  1. Zillon

    Zillon Well-Known Member

    Jul 12, 2014
    702
    632
    93
    Central NJ
    Ratings:
    +633 / 0 / -0
    So, we're a 2-Mini household. Her base R56, and my GP2.

    [​IMG]

    The fiancee has mentioned she'd like more room, as she's a photographer and hauls around a bit of photo gear from time to time, plus we use her car for roadtrips. We've always managed to fit everything, but it's always been a hair tight, since the dog occupies most of the backseat. However, she doesn't want to give up that Mini feel behind the wheel, and I can't blame her.

    So, long story short... I work at a dealership, and happened to see that one of our customers will be trading in a 2012 Ice Blue R55, with 37k miles and a stick sometime soon if all goes well. Current owner has some health issues and can no longer drive a stick :)().

    Clean carfax, ran the VIN through the BMW Archive VIN decoder, and it seems like a solid car. Finance rates through our bank aren't bad, either...

    I'm thinking over 3 scenarios:
    1) We trade her R56 in. She owes ~9200, and trade value should be ~8-9k, and I could probably get my dealer to wash everything clean. She'd also gain a tax incentive and not have to pay the majority of the sales tax on the R55.

    2) Keep her car. I drive it for the winter, and sell it in the spring for more than trade value. Pay off the R56 loan and bank the rest. :Thumbsup:

    3) Keep her car, I take over the loan, and use it as my daily driver, and leave the GP in the garage. :crazy:

    Thoughts?
     
  2. Crashton

    Crashton Club Coordinator

    Jun 4, 2009
    19,424
    10,031
    113
    Retired old fart
    Hooterville Ohio USA
    Ratings:
    +11,656 / 2 / -0
    Why leave the GP in the garage? Just me, but cars are to be driven. That being said my Miata sleeps in the warm garage. After a couple of years driving MG's I've sworn off roadsters as winter use rides.

    See what the dealer will give you on a trade. Nothing against your MINI, but the legendary resale value is a myth perpetrated by dealers when selling MINI's. If you don't like the offer use it this winter & sell it in the spring. I think you'd make more money doing this.
     
  3. Zillon

    Zillon Well-Known Member

    Jul 12, 2014
    702
    632
    93
    Central NJ
    Ratings:
    +633 / 0 / -0

    Because winter sucks and so do Pennsylvania roads. The poor GP hasn't been washed in a month, it snows or rains every day I have off.

    I'm leaning towards option 2, but entertaining the idea of option 3.
     
  4. Crashton

    Crashton Club Coordinator

    Jun 4, 2009
    19,424
    10,031
    113
    Retired old fart
    Hooterville Ohio USA
    Ratings:
    +11,656 / 2 / -0
    Heck if 3 works for you go for it. :Thumbsup:
     
  5. TheModFather

    TheModFather Well-Known Member

    May 15, 2012
    6,023
    5,310
    113
    11 years in the ARMY, 2 years of being a multitale
    North Denver CO.
    Ratings:
    +5,322 / 0 / -0
    If I could have my first MINI back, I would take it! Then I would have 3 too. :)
     
  6. 00Mini

    00Mini Well-Known Member

    Feb 24, 2013
    20,848
    2,023
    113
    Retired
    Ratings:
    +2,977 / 6 / -5
    It always great when you get to spend other people's money, with that being said option 3 would be enticing if'n it didn't make you car poor.
     
  7. Nathan

    Nathan Founder

    Mar 30, 2009
    25,144
    10,052
    113
    Writer
    Short North
    Ratings:
    +10,069 / 0 / -0
    I vote 3 too...
     
  8. ScottinBend

    ScottinBend Space Cowboy
    Supporting Member

    May 4, 2009
    8,767
    2,547
    113
    Bend, OR USA
    Ratings:
    +2,678 / 1 / -0
    3 here also, if it works out......








    And I have to ask......thats not the obehave from NAM is it?
     
  9. Zillon

    Zillon Well-Known Member

    Jul 12, 2014
    702
    632
    93
    Central NJ
    Ratings:
    +633 / 0 / -0
    You bunch of enablers. :lol:

    Was it this one?

    [​IMG]
     
  10. Rawhyde

    Rawhyde Active Member

    Apr 7, 2012
    311
    233
    43
    Facilities Engineer
    Mountains of NW Georgia
    Ratings:
    +233 / 0 / -0
    I'm a fan of Option 3 if it doesn't require you to sell blood on a regular basis.....

    It's always a great idea to have an extra car available.
     
  11. MCS02

    MCS02 Moderator
    Staff Member Articles Moderator Supporting Member

    Jul 31, 2009
    11,164
    6,170
    113
    Male
    Ratings:
    +7,876 / 10 / -3
    Why do you ask such a STUPID question? Of course 3 MINIs!:D
     
  12. maacodale

    maacodale Club Coordinator

    May 7, 2009
    546
    255
    63
    Maaco Collision Repair & Auto Painting Center owne
    Poquoson, VA
    Ratings:
    +265 / 0 / -0
    Kinda piling on now, but yea, 3!
     
  13. Nathan

    Nathan Founder

    Mar 30, 2009
    25,144
    10,052
    113
    Writer
    Short North
    Ratings:
    +10,069 / 0 / -0
    Wait..I have an idea. :idea:

    Donate the extra MINI to M/A. Yeah...sounds like a real good plan to me...:ihih:
     
  14. Zillon

    Zillon Well-Known Member

    Jul 12, 2014
    702
    632
    93
    Central NJ
    Ratings:
    +633 / 0 / -0
    :lol:

    On the bright side, I did just put new tires and brakes on it.

    Hopefully the Clubman doesn't need tires and brakes. :lol:
     
  15. Dave.0

    Dave.0 Helix & RMW Powered
    Lifetime Supporter

    May 4, 2009
    25,021
    13,497
    113
    Burbs of Philly, PA
    Ratings:
    +14,644 / 10 / -4
    #3 :Thumbsup:
     
  16. Sleek Motoring

    Sleek Motoring Local Shop Owner

    Dec 7, 2014
    249
    143
    0
    Mini repair shop owner
    Colorado Springs, Colorado
    Ratings:
    +143 / 0 / -0
    More options= Always better! GO 3!
     
  17. Eric@Helix

    Eric@Helix New Member
    Motoring Alliance Founding Sponsor

    May 4, 2009
    1,154
    1,257
    0
    Shepherd
    Philadelphia
    Ratings:
    +1,257 / 0 / -0
    I'd vote for the trade. Get the R55 for road trips and here utility needs, and then get a $5k roadster for summer driving--Miata, Z3--something completely different.

    On another note, It looks to me like this is not the crowd to ask for rational car-buying advice (Except for me. Trust me.).
     
  18. MCS02

    MCS02 Moderator
    Staff Member Articles Moderator Supporting Member

    Jul 31, 2009
    11,164
    6,170
    113
    Male
    Ratings:
    +7,876 / 10 / -3
    Yea asking us is like asking the fox to guard the hen house.:lol:
     
  19. Firebro17

    Firebro17 Dazed, but not Confused
    Lifetime Supporter

    Sep 18, 2010
    7,820
    3,327
    113
    Retired CAL FIRE Battalion Chief
    The Great Irrigated Desert of Central CA
    Ratings:
    +3,328 / 0 / -0
    The more ya have, the less they get driven.....
     
  20. Zillon

    Zillon Well-Known Member

    Jul 12, 2014
    702
    632
    93
    Central NJ
    Ratings:
    +633 / 0 / -0
    #20 Zillon, Jan 22, 2015
    Last edited: Jan 22, 2015
    :lol:

    The GP would be for summer/pleasant weather driving. ;)

    I'd be using the Justa for daily duties, hauling the bikes around, transporting the dog in a pinch, and parking in places I could never park the GP. It's got a few scrapes and scratches, but is mechanically sound - we've had it since 20k miles, and I've done all the maintenance.

    Three would be the max.

    I hate submitting the GP to daily duty abuse around here, especially in the snow and salt (actually it's a lot of fun in the snow, but the salt... :(). It'd be a lot better having a daily that was still a Mini/something fun to drive, but also something I didn't care so much about when getting pelted with salt and rocks from the road.

    The responsible side of me has also tossed about the idea of selling the GP in the spring and putting the extra GP money towards paying down the Justa quickly, and then I'd focus on my college loans more.

    But that's too responsible. :lol:
     

Share This Page