What do you think this civic type R is worth?
Discussion
Been offered a civic type R at a 'good' price if I make an offer, but finding the car very hard to value. Details are as follows :
-Apr 05 Car in cosmic grey.
-8k miles.
-honda satnav.
Now there are a few issues however as it is an ex company car and hasn't exactly been loved. Firstly it hasn't been serviced since new (so er, 7 months overdue). It's also got a cracked headlight and scratches on both bumpers. Interior is also a bit messy. Might valet out, but hard to be sure.
I'm still semi tempted, but I think the servicing thing will undermine the warranty significantly not to mention hamper resale even if I can get this car cheap. It feels pretty tight to drive, so it isn't an utter disaster, but no idea how much headlights cost etc, and I worry it will never look that good even if I get a pro in for 300 quid to sort it.
pjskel said:
Comparing to what's on Auto Trader, I'd be inclined to say private sale with the issues mentioned above - £11-11.25K max. is what I'd be looking at.
Are you sure no service - maybe he done the oil and filter himself or got a friend to do it?
Are you sure no service - maybe he done the oil and filter himself or got a friend to do it?
I'm sure no service. It is a company car that would have had free servicing if the person had only bothered...
Company has said I could have it at trade price, but looking at the Black Book that would actually be 12500 + 500 mileage adjustment were it perfect, and that still seems more than a dealer would pay. They are selling them for that if you go to an indy!
Got a feeling cracked headlight is MOT failure too?
Don't understand the MOT bit - it's nowhere near 3 yr old yet.
Anyway, just use AT as the benchmark, not a book - and they're there for £12.5K on an '05.
Allow £150 for service (first one minor), and £500 or so to fix the bumpers and headlight.
Then there's potential for engine damage seeing as the first service (if not sooner) has the oil and filter changed to remove the metal swarf therein.
Now, bear in mind that £12.5K was a dealer's price - there'll be at least £1500 across it due to the Civic being an outgoing model. And they're not THAT desirable, no matter what anyone tells you.
So, at £11K, I feel that's about the most it's worth - if I was being really tight, I'd drop another £500 off it.
You can only expect full whack if you show you've looked after it - which this chap hasn't.
So it's not worth that much to them, hence they can't expect best price.
Anyway, just use AT as the benchmark, not a book - and they're there for £12.5K on an '05.
Allow £150 for service (first one minor), and £500 or so to fix the bumpers and headlight.
Then there's potential for engine damage seeing as the first service (if not sooner) has the oil and filter changed to remove the metal swarf therein.
Now, bear in mind that £12.5K was a dealer's price - there'll be at least £1500 across it due to the Civic being an outgoing model. And they're not THAT desirable, no matter what anyone tells you.
So, at £11K, I feel that's about the most it's worth - if I was being really tight, I'd drop another £500 off it.
You can only expect full whack if you show you've looked after it - which this chap hasn't.
So it's not worth that much to them, hence they can't expect best price.
I think the engine is the biggest worry. The CTR's engine only suffers reliability issues when it hasn't been looked after.
The engines use a large amount of oil and if the chap hasn't bothered servicing it then I wonder if he has bothered topping the oil up each month. I used to check once every two weeks and there was always a need to top it up. Mine used to use around half of a small bottle each month.
The engine would be my concern.
The engines use a large amount of oil and if the chap hasn't bothered servicing it then I wonder if he has bothered topping the oil up each month. I used to check once every two weeks and there was always a need to top it up. Mine used to use around half of a small bottle each month.
The engine would be my concern.
It might be worth clarifying the warranty situation with a Honda dealer. Without that I would be looking elsewhere or looking at the £10k figure already mentioned. There is a reasonable choice out there and that's only going to get greater & cheaper when the new one is actually out and people make choices one way or another.
It's not just the engine that could be costly - though not all Type R's swallow oil. Mine only uses about 1/2 litre between services in a mix of driving & degrees of welly applied. The engines are tough as long as you check the oil regularly, keep it properly serviced and don't rag it when cold (which thinking about it could have happened with a company motor).
However, front suspension & steering can also be a bit dicky and if you are paying for those outside of warranty it can be painful. Mine's had 2 steering racks and a rebuilt offside front suspension under warranty and apparently that little lot would be well over £2k before labour.
It's not just the engine that could be costly - though not all Type R's swallow oil. Mine only uses about 1/2 litre between services in a mix of driving & degrees of welly applied. The engines are tough as long as you check the oil regularly, keep it properly serviced and don't rag it when cold (which thinking about it could have happened with a company motor).
However, front suspension & steering can also be a bit dicky and if you are paying for those outside of warranty it can be painful. Mine's had 2 steering racks and a rebuilt offside front suspension under warranty and apparently that little lot would be well over £2k before labour.
__LEE__ said:
I think the engine is the biggest worry. The CTR's engine only suffers reliability issues when it hasn't been looked after.
The engines use a large amount of oil and if the chap hasn't bothered servicing it then I wonder if he has bothered topping the oil up each month. I used to check once every two weeks and there was always a need to top it up. Mine used to use around half of a small bottle each month.
The engine would be my concern.
The engines use a large amount of oil and if the chap hasn't bothered servicing it then I wonder if he has bothered topping the oil up each month. I used to check once every two weeks and there was always a need to top it up. Mine used to use around half of a small bottle each month.
The engine would be my concern.
K20A better than earlier Type-R engines, but oil use still high (varies massively with how it was run-in, apparently). If they've not bothered to service it I doubt they've checked the oil that often.
Personally, if it was my £11k? I'd run away and find a good-un (not like they're a rare car) - come resale that one could give you trouble, even if it DOESN'T cause you trouble owning it.
havoc said:
__LEE__ said:
I think the engine is the biggest worry. The CTR's engine only suffers reliability issues when it hasn't been looked after.
The engines use a large amount of oil and if the chap hasn't bothered servicing it then I wonder if he has bothered topping the oil up each month. I used to check once every two weeks and there was always a need to top it up. Mine used to use around half of a small bottle each month.
The engine would be my concern.
The engines use a large amount of oil and if the chap hasn't bothered servicing it then I wonder if he has bothered topping the oil up each month. I used to check once every two weeks and there was always a need to top it up. Mine used to use around half of a small bottle each month.
The engine would be my concern.
K20A better than earlier Type-R engines, but oil use still high (varies massively with how it was run-in, apparently). If they've not bothered to service it I doubt they've checked the oil that often.
Personally, if it was my £11k? I'd run away and find a good-un (not like they're a rare car) - come resale that one could give you trouble, even if it DOESN'T cause you trouble owning it.
I ran mine in for 1000 mines staying a couple of K below the limiter. After that I just ragged the nuts off it in true Type-R fashion. The salesman who sold me the car told me I could pretty much abuse it from day one but I thought I would give everything a chance to bed in before thrashing it.
I had concerns over oil useage on my ctr through the time I had it.
I was told by the salesman that they don't need to be run in as such, so it got the redline treatment after about 200 miles. Between services it never used a drop!!
It went through 1st and 2nd year services and never moved off the max.
Others on the civictyper forum were using a litre per month!
I think that Honda will certainly take issue with the lack of annual service even though it's still below it's 12500 interval.
I was told by the salesman that they don't need to be run in as such, so it got the redline treatment after about 200 miles. Between services it never used a drop!!
It went through 1st and 2nd year services and never moved off the max.
Others on the civictyper forum were using a litre per month!
I think that Honda will certainly take issue with the lack of annual service even though it's still below it's 12500 interval.
I must agree with you there I were told when I bought it about the engine liking a bit of oil but after years of owning one I find that there is no difference to any other car I have owned.Gassing Station | Honda | Top of Page | What's New | My Stuff