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MY05 Litchfield - what's it worth?

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Old 17 June 2013, 11:29 PM
  #31  
Martin2005
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Originally Posted by LuckyWelshchap
I'll try to play 'the man in the street' here:

When I was looking a few months back I noticed a couple of Type 25's - an MY07 for 17k and I think an MY04 for around 14K. I can't remember the mileage but I know it wasn't high for the year(s).

Also at that time was an MY03 that had been modded to Type 25 spec (cossie bottom, ASTs etc), and the genuine seller (they didn't use 'type 25' anywhere in the ad) wanted £10.5K.

A few weeks back we had a thread about the 'Type 25 Cosworth Spec' advert for a car that wasn't a Litchfield Type 25. That started at nearly £16K and quickly dropped by a couple of thousand.

So, I'm going to compare your Type 25 to others or similarly modded.
It looks cheap compared to trader ads but the mileage is high, so I'd want a 'saving' of probably £2-3K at least.
I'm not really interested in FSH, it's the future prospects of it needing work, and I'm the one who will be taking the risk because there's no warranty from you.

On the other hand, that car has a premium over MY05 STis, including JDMs of course, so you would use that to bring the price upwards, away from the what - £8K or more that they're going for?

Do some market research, including what Type 25's have been advertised for in the past 6 or 12 months and pitch it comfortably between that and 9-10K, which is a good premium over an STi.

I think it would avoid a lot of haggling and buyers trying to bag a bargain.

* It's lower than other ads due to higher mileage;
* It's not necessarily out of someone's range who might have been looking for a decent STi but who might be tempted by the reasonable price of yours.

I think the fact that someone appears to have jumped at £8K reinforces what I've said.

One final point and that is that you'll get a better price - and far less hassle - from someone who appreciates what a Type 25 is instead of someone who's just looking to knock you down.
I can imagine it - 'yeah mate, but there's a luvly lookin' 54 plate Sti with 451bhp for only £7.5K on Ebay. Yours is only 420'.
Might be worth emphasising that it's a Type 25 and priced as such.

Anyway, GLWTS.
Thanks for your response, that really useful.Basically I know the price I get will probably depend upon how long I'm prepared to hold out.

Just to be clear my car is a Mk1 and therefore is 350bhp.
Old 18 June 2013, 01:41 AM
  #32  
LuckyWelshchap
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Originally Posted by Osimabu
There's a similar T25 for sale here if that's of help:

http://www.hurstcars.co.uk/used-cars?page=3

Originally Posted by Geoff Duke
2.0 litres?
Exactly.
2.0's are Type 20, Type 25's are 2.5.

However, it might just be that the trader has ripped a standard spec to describe it (I'm staggered at how many modded cars do the standard 0-62 time, mpg etc.).
If it's got a 'build no.' you've something to go on.

Also note that it's a year older but 45K miles less.

Btw the black T20 was 'sold' when I enquired back in Jan.
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