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Mini Cooper S R53 2004
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Maybe for the pristine examples that have low miles and have been in a barn for the last 15yrs.
 

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2002 Cooper with 1 owner from new, 65k on the clock, full service history and receipts, never seen the inside of a bodyshop (except when BMW fitted the Aerokit) and always been garaged.
 

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2003, R53 227bhp.
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2002 Cooper with 1 owner from new, 65k on the clock, full service history and receipts, never seen the inside of a bodyshop (except when BMW fitted the Aerokit) and always been garaged.
Mine is a 2003, 68k miles, pan roof, 1/2 leather, air con, fsh, all original with NO rust or bubbles anywhere. Wondering what it's worth as I'm thinking of selling.
 

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Mini Cooper S R53 2004
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114 Posts
2003 is pre facelift. Are these as desirable?
Probably makes no difference as good ones seldom seem much more than £3k.
“Has the supercharger been serviced mate? No? I’ll give you 2 grand, ‘old aaarht yer ‘and!”
 

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2003, R53 227bhp.
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I guess all cars are "worth" what people are prepared to pay for them. Some say, the pre facelift R53 is the most " desirable". It's a little like the golf GTI I guess, the first incarnation was/is always considered to be the best. Particularly the mk 1, 1.8 Lhasa green derivative. Is it rarity, is it handling, is it the whole package or is it just heresy. At the end of the day it's all down to driving enjoyment, not really money.
 

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Ive not read or heard anybody else say the pre face is more desirable. Its not my view. I understand your reasoning though.
 

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Mini Cooper S R53 2004
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114 Posts
In my opinion the modern classic market has been created by Auction houses and dealers to milk the last of the final salary pension crowd. When you see the prices they get people to pay for hum-drum stuff like a Mk3 Escort Pop Plus in hearing aid Beige, it's only a matter of time before somebody will be convinced to pay big money for an "original" BMW MINI, probably a MINI One because it's a "survivor".

I caught that TV prog Bangers & Cash a while back and the Auctioneer admitted they regularly get cars back to sell 1 or 2 yrs after they sold them. I suspect it's because the rose tinted specs fell off and the buyer realised that a 1980 1.1 Ford Escort is even worse to drive now than it was when new, smells of petrol and the queue of traffic behind them on the A166 on the way back from a trip to Bridlington has been mentioned on Radio Humberside.

Its a market I struggle to understand, why pay all that money for something you wouldn't have wanted back when it was new? I can kind of understand the desirability for cars that were groundbreaking and good in their day, Golf Mk1 GTI, Escort RS2000 or the very first Land Rover etc. but although I loved my MkII Golf GTI and XR3i when I had them 30 yrs ago I wouldn't want either of them them now.

MINI prices have risen recently though, my daughter borrowed my 2004 R53 after xmas as her car had a brake fault, her commute is 20 miles on A and B roads and she likes it so much she really doesn't want to give it back! She started sending me Autotrader links to MINI's she had found and prices are certainly higher than they were back in Nov 2020 when I bought mine. I think it's mainly down to the rise in price of used cars though.
 

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2003, R53 227bhp.
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21 Posts
I understand your line of logic, but, I would have my Lancia Delta Inregrale 8v back in a heartbeat! My 1983 golf gti mk1 1.8 in Lhasa green and my 1988 Peugeot 205 1.9 gti in Miami blue and my much missed 1989 Renault 5 gt turbo in Carmine red, tuned by Radbourne Racing from new.
Not for the outrageous prices that they are now fetching, but because they are true classics, with their own driving oddities and amazing design. I am lucky to have owned all of them, and more, and would love to get just one of them back. Ford Escort 1.1 popular in beige would not be high on my list of memorable cars!!!😂
 

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Mini Cooper S R53 2004
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114 Posts
Ford Escort 1.1 popular in beige would not be high on my list of memorable cars!!!😂
Someone with a severe case of misplaced nostalgia paid £10K for one on Bangers & Cash.

The cars you list were all desirable in their day and I agree are 'modern classics' for reasons you state.

A mate of mine had one of the first UK Golf MkI GTI's, 1.6, steel wheels, small rear lights, and the anti-glare 'tits' on the instruments. I've not seen another since he flogged it to pay for a gap year.
We were talking about this subject recently and he said even though he loved the car he wouldn't pay what would most likely be asked for one now.
In the 1980's I had a Mk2 Escort 1300 Sport. I looked them up recently, the few roadworthy ones I could find were up for between £16K and £18K, there were a few shells with a jumble of parts in for £7K. It was nice enough to drive back in the 80's but I think I'd be disappointed driving one today. No matter how much you pay for these cars, the experiences you had don't come with them, and that is what I remember them for.
 

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^ this is why cars sell at what they do, because of nostalgia,

naff all to do with auction houses other than the fees adding on to prices, that part's a joke, buyers premium bullshit then vat.

he interest though, comes not from the house but the client. We all remember cars or have/had an interest in them for whatever reason at some time or other most likely when we couldn't afford them or had nowhere to put them, there are people sick of car tech now I think, also now with the 40+ rule modern classics again have a resurgence of interest,
 

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Mini Cooper S R53 2004
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^ this is why cars sell at what they do, because of nostalgia,
Valid point, however I do believe this nostalgia is being seized upon by the dealers/Auction houses to promote any old crap as "modern classics".

Recently I've started to notice it is rapidly becoming as unsociable as drink driving to admit to liking driving and ICE cars? The manufacturers have noticed this and are now trying to sell us cars much like you would buy a washing machine. Simply choose the one you like from a website and it gets delivered, then after 3yrs keep paying the monthly fee and swap it for another one just as bland.
 

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I understand your line of logic, but, I would have my Lancia Delta Inregrale 8v back in a heartbeat! My 1983 golf gti mk1 1.8 in Lhasa green and my 1988 Peugeot 205 1.9 gti in Miami blue and my much missed 1989 Renault 5 gt turbo in Carmine red, tuned by Radbourne Racing from new.
Not for the outrageous prices that they are now fetching, but because they are true classics, with their own driving oddities and amazing design. I am lucky to have owned all of them, and more, and would love to get just one of them back. Ford Escort 1.1 popular in beige would not be high on my list of memorable cars!!!😂
My old man use to have Integrale Evos back in the 80s on. Infact the very first car I ever steered sat on my dads knees then very first car I ever drove properly.
My mate used to have a 5gt which I really enjoyed driving and I came very close to buying a 205 mi16 conversion 20yrs ago. This I deeply regret not buying.
 

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I’ve been looking for a early 90’s late 80’s car, not expensive and something that will just be fun to play around with. Prices for even some right old shite on Autotrader are rising quickly. I agree, it’s nostalgia and also covid boredom with people having more
time (and potentially money) on their hands now and paying more just to have it.

There’s a lot of collectible markets currently where prices are going through the roof for no apparent or clear reason
 
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