So how much is a 16v worth?

All chat, general/off topic/banterish and questions relating to the BX16valve.
Gary C
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So how much is a 16v worth?

Post by Gary C »

Gone are the days of picking up a sh*tter for £50 or even free. Seems that the 16v is at last starting to attract bigger price tags; whether these bigger price tags are deserved is another matter

My spies are everywhere and a friend passed me the phone number spotted on a grey P2. Spoke to the owner this morning and he would like £400 for his low mileage H plate. It appears that the car has been off the road for at least a couple of months and has no tax or MOT (on SORN I was told).

Now is £400 a good price for a 16v without Tax and MOT. Possibly.

If it has minor faults - leccy windows not working, usual slight bumper damage etc is it still worth £400? Maybe.

What if the head gasket has failed?
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Jezziebx16v
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Post by Jezziebx16v »

Has been said that a running Bx16v should be worth £500 for its engine,loom,afm and gearbox to the wrong sort of person.

So something with MOT surely must be worth £600+ but cars allways seem to come up for sale for much less than this price whether or not this is down to owners needing a quick sale or they just don't know the value of the car :roll: . When cheap cars come up just have to hope that they fall into the right hands :D .


Jez
Past 16v's: 89 Ph1 Black, 90 Ph2 Grey, 89 Ph2 Black, 91 Ph2 Grey, 91 Ph2 Black.

Now. 94 Datsun Silvia S14 rice rocket, 85 Peugeot 505 Turbo, 77 Ford Capri.
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Kitch
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Post by Kitch »

I put this grey one up at £1000 and I had a call two hours later. He'll be here in a minute :lol:
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Timmo
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Post by Timmo »

as jezzie said, the engine and gear is worth 500 of any puggers money as long as its working! so that should be the minimum starting price imo!
as long as its in tidy nic and has all the bits and only needs minor jobs then its worth anything from the £500 mark + !!!! mot always helps though loL! :D
kitch's example is in good tidy nic with years mot and a replacement engine in good working order so fetches the higher money! but is no reason why a perfectly good solid clean and tidy one cant be in the high 800-1000 mark!
Timmo 8)

After all i am the Cornish one!

Its Because its French!
Bx16v club - Sharing the love for the unloved!
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Kitch
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Post by Kitch »

I've seen three go for over a grand recently too.
AlanS
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Post by AlanS »

I think prices are more controlled by sellers rather than buyers with these cars or any car, French or otherwise for that matter.
I've seen 2 sold here recently; one for A$5500 and a better one for $2650. Reason for the price difference was that one wanted to sell when a buyer came up whilst the other wanted to sell and thought the car should sell within the first 5 minutes and when it didn't he panicked.
My car has an Insurance (inspected by them) value of A$10,000 but if I sold I reckon it would pull $8000.
As someone who managed car dealerships for a while, I tend to see traps that the average owner doesn't when selling.
Firstly; a Citroen in Australia is sold to about 2% of the population IIRC and until recently this has been at times under 1%. Translated across to the used car market, this means (out here anyway) that at best 1 - 2 people per 100 would consider a Citroen. Deduct from this in our case, the horror stores of repairers ripping people off on repairs and you possibly reduce the market for a used Cit by at least 50% again. Now from what's left, you need to find the ones looking for a used car at the time and again, the % comes into it; how many people buy say one car a year? It's below .1% I would suggest, so by doing the sums, you see the chances of finding a buyer immediately. It rarely happens, so it needs to be presented and marketed correctly. To do it, think as a buyer would; if someone advertises a car at scrap metal price, what do you expect? A pile of scrap metal.
If however, you see a car advertised at a premium price, what do you expect? A good car.
The result is that the expensive car seller will get an offer, providing the car is presented correctly, that more truly represents what the car is actually worth and will get far more genuine buyers than the guy advertising the scrap metal valued one. The scrap metal priced car will attract "bargain hunters" who will still talk the price down as well as cannibals. Owners constantly talking the values down does nobody any good and advertsing on sites such as this one whilst havuing the advantage of putting it in a position where someone looking for that type of car may find it, in reality, most here already have at least one but may know someone who is looking for one, so they need to be exposed to the open market and if need be, buyers referred to the site for greater details of the vehicle along with linked photos if possible.
Bit of a rant I know, but hopefully may be some help to those buying and selling. The advice is hard won as the guy I worked for sold out, invested the money and retired at the ripe old age of 34, so we must have been doing something right and I don't think buyers are all that much different on both sides of the pond. :wink:


Alan S
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Kitch
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Post by Kitch »

Grey one sold for £1,000.

They're on the up. 8)
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Mike P
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Post by Mike P »

Excellent, job well done Kitch :D

Mine's got an insured value this year of £1500 and the insurance company didn't baulk at that.

Will perhaps have to up it again next year :D

Mike P.
Founder member of the Phase 1 Appreciation Society!
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'88 'F' White Bx16v - 62k miles & as seen on TV
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robin hughes
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Post by robin hughes »

im looking at keepng mine around the £2000 mark and NO im not dreaming :)
The citroen bx 16 valve loves garages hates driving
1990 escort rs turbo 220 bhp
1992 bx 16 valve phase 2 red
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Kitch
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Post by Kitch »

I did have my red one insured for £1500 but now its a total hound and its worth about 3 pence.....in fact it isn't insured at all now seeing as it just sits there. :lol:
tim leech
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Post by tim leech »

Mines worth £500 but to be £5000! Its not for sale though
Last edited by tim leech on Thu Oct 19, 2006 12:36 pm, edited 1 time in total.
Anonymous

Post by Anonymous »

Alan S wrote
I think prices are more controlled by sellers rather than buyers with these cars or any car, French or otherwise for that matter.
I've seen 2 sold here recently; one for A$5500 and a better one for $2650. Reason for the price difference was that one wanted to sell when a buyer came up whilst the other wanted to sell and thought the car should sell within the first 5 minutes and when it didn't he panicked.
My car has an Insurance (inspected by them) value of A$10,000 but if I sold I reckon it would pull $8000.
As someone who managed car dealerships for a while, I tend to see traps that the average owner doesn't when selling.
Firstly; a Citroen in Australia is sold to about 2% of the population IIRC and until recently this has been at times under 1%. Translated across to the used car market, this means (out here anyway) that at best 1 - 2 people per 100 would consider a Citroen. Deduct from this in our case, the horror stores of repairers ripping people off on repairs and you possibly reduce the market for a used Cit by at least 50% again. Now from what's left, you need to find the ones looking for a used car at the time and again, the % comes into it; how many people buy say one car a year? It's below .1% I would suggest, so by doing the sums, you see the chances of finding a buyer immediately. It rarely happens, so it needs to be presented and marketed correctly. To do it, think as a buyer would; if someone advertises a car at scrap metal price, what do you expect? A pile of scrap metal.
If however, you see a car advertised at a premium price, what do you expect? A good car.
The result is that the expensive car seller will get an offer, providing the car is presented correctly, that more truly represents what the car is actually worth and will get far more genuine buyers than the guy advertising the scrap metal valued one. The scrap metal priced car will attract "bargain hunters" who will still talk the price down as well as cannibals. Owners constantly talking the values down does nobody any good and advertsing on sites such as this one whilst havuing the advantage of putting it in a position where someone looking for that type of car may find it, in reality, most here already have at least one but may know someone who is looking for one, so they need to be exposed to the open market and if need be, buyers referred to the site for greater details of the vehicle along with linked photos if possible.
Bit of a rant I know, but hopefully may be some help to those buying and selling. The advice is hard won as the guy I worked for sold out, invested the money and retired at the ripe old age of 34, so we must have been doing something right and I don't think buyers are all that much different on both sides of the pond.
Blimey Alan thats some post 8)

Well done Kitch on the sale
Gary C
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Post by Gary C »

Seems like I'm right about the 16v value being on the up. So does anyone fancy a grey H plate with blown head gasket?
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djoptix
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Post by djoptix »

How much? :lol:
Red phase 1, 84k
Silver phase 1, 67k
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Anonymous

Post by Anonymous »

Mine was £1150 (See Events), but the seams are as good as.

Damn backbox was rusted through though!
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