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Discussion in 'British' started by ross, Aug 21, 2020.
when it has 90k miles on the clock?
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forgot to add an important word .... 'wholesale'
personally i think that number is more like $30-$35
my completely uneducated guess would be high 30s to low 40s wholesale if the car is in good shape. That’s on the upper end of the mileage scale for a 2012 Bentley. Dealer price in the 50s.
i think that is about right.
kbb comes up with a dealer price of $55k, and i am taking $20k off for wholesale, and get to $35k.
there are no comparables out there with that many miles so hard to tell, but i think that is about right for the first year of the second iteration of the gt, now an 8 year old car.
Manheim $50,300, recent auction results all over the place even $86k for an 8500 miler, 57,500 for 69k mi.
30-50k depending on a number of variables, but I'd say 40K is the sweetspot wholesale.
i went to the local bentley dealer to ask their opinion.
their first statement was that they would not accept it as a trade in - or they would simply price it to go straight to auction.
then they said 35-45 depending on other conditons.
interestingly, they said that this was the age and mileage that people unload since all the emissions equipment has to be warrantied for 7 years/80k miles, so at this point, these components usually start failing.
i guess there is a price for everything.....
i went to the bentley dealer in naples on saturday and asked the same question....
first answer was $35-40.
then they reiterated that they would not take it in trade and simply price it straight to auction - ie $35k
so that seems to be consensus now.
their other comment was that at this age and mileage the air suspension starts to fail.....$3k per corner.... not fun.
Car and Driver did a good piece about a year ago about the values of these older luxury cars (like the Continental GT).
They brought up a great point:
While you can buy a 2005 CGT for new Honda Accord money now, you need to remember that in the car's mind, it's still a $200K car, and requires the parts and maintenance of a $200K car, NOT a $30K car. The classic "I can afford the car but I can't afford to keep it running"
yup. well aware of this, and thats a line i often quote.
I am considering purchasing a new Flying spur and likley will trade in my 13' w12 GT with 19K miles and have been quoted 75K.