Price Check DC5R

[kookie]

Planning to return it back to stock kookie?

If i trade in yes it will be in stock form so all parts are up for grabs.

[45SET]

You'd book a car like that OK? Who do you work for? Surely conditions for approval would be maximum 3 year term.

Our banks terms are that we classify all cars as "average", no matter on age, modifications or milage. I left it as good as that is what the defualt setting is.

I don't work with car loans or the like so i wouldn't know what kind of approval conditions would be needed for this type of purchase... I thought I would help the guy out and show him what kind of figure banks would find "acceptable".

Also, i'm getting a bit sick and tired of you (Monty) attacking almost every post I make.

[dang]

I just sold my 2002 CW DC5R, excellent condition, HKS coilovers, FGK power getter, 70 000km's for $23,500

[m0nty]

Our banks terms are that we classify all cars as "average", no matter on age, modifications or milage. I left it as good as that is what the defualt setting is.

I don't work with car loans or the like so i wouldn't know what kind of approval conditions would be needed for this type of purchase... I thought I would help the guy out and show him what kind of figure banks would find "acceptable".

Also, i'm getting a bit sick and tired of you (Monty) attacking almost every post I make.

I'm not attacking you personally. I just don't agree with what you have posted. Working in the industry for 5 years I have a fairly reasonable grapple on car values. I also know that banks look at more than Red Book to see if a car books properly. They look at the security in a car if the lender were to default. They could not recouperate cost of default on that car if $22,000 was borrowed. The term for finance would be 3 years maximum with a $4-5k deposit which could increase depending on the security of the lender.

Like I said, I'm not attacking you so relax. I just beleive that the expectations of the OP could be a little high based on opinions voiced in this thread. I don't mean to be a wet blanket, merely a realist. Take Vinckiwan's DC2 for example. It's a very tidy low milage 2001 CW DC2R with tasteful mods ad he has had his car on the market for months and still can't sell at $21k. Given the popularity of the DC2 compared to the DC5 this is a great yard stick.

[m0nty]

I just sold my 2002 CW DC5R, excellent condition, HKS coilovers, FGK power getter, 70 000km's for $23,500

Case in point. I bought my 2003 DC5R for $20,500 in July of 2007 with 56,000kms on it. It had previous accident history though, but still a well repaired car with low milage holds a slightly higher value than a high milage car.

[45SET]

I'm not attacking you personally. I just don't agree with what you have posted. Working in the industry for 5 years I have a fairly reasonable grapple on car values. I also know that banks look at more than Red Book to see if a car books properly. They look at the security in a car if the lender were to default. They could not recouperate cost of default on that car if $22,000 was borrowed. The term for finance would be 3 years maximum with a $4-5k deposit which could increase depending on the security of the lender.

Like I said, I'm not attacking you so relax. I just beleive that the expectations of the OP could be a little high based on opinions voiced in this thread. I don't mean to be a wet blanket, merely a realist. Take Vinckiwan's DC2 for example. It's a very tidy low milage 2001 CW DC2R with tasteful mods ad he has had his car on the market for months and still can't sell at $21k. Given the popularity of the DC2 compared to the DC5 this is a great yard stick.

Point taken.

[Mr.R]

Case in point. I bought my 2003 DC5R for $20,500 in July of 2007 with 56,000kms on it. It had previous accident history though, but still a well repaired car with low milage holds a slightly higher value than a high milage car.

i still pay a little more with higher milage.. previous accidennt, it depends if its chassis damage. If your car had any chassis damage then the handling of your DC5R is compromised.. i've had none luckily

[Chi]

Honestly I'd rather a car with no accident history than one with one and lower kms.

And besides lower KMs doesnt mean anything if the previous owner did not look after the car or service it properly.

[m0nty]

i still pay a little more with higher milage.. previous accidennt, it depends if its chassis damage. If your car had any chassis damage then the handling of your DC5R is compromised.. i've had none luckily

Chassis had been checked out. All damage was superficial panel stuff that was green lighted by an engineer. I picked up a super cheap car and since it has undergone the rebuild it has previous accident damage has been completely erased. There's quite alot of unjustified paranoia surrounding cars in accidents. People assume the worst but these days a front end accident results in brand new replacement parts being used. The area that's a bit grey is usually the painting.

Complete service history, but again my car really shouldn't be used as an example here because it was pruchased for a purpose not relating to road use.

[Mr.R]

Chassis had been checked out. All damage was superficial panel stuff that was green lighted by an engineer. I picked up a super cheap car and since it has undergone the rebuild it has previous accident damage has been completely erased.

Complete service history, but again my car really shouldn't be used as an example here because it was pruchased for a purpose not relating to road use.

ohh yeah your that dude.. sorry man.. i should be running right now. You know your stuff monty.. All good, but yeah my car had 100k 03 dc5r when i had it.. travelled 130k now >.< still, no accident history..

again sorry monty--------------> i'm running... jk

[kovdc5r]

i agree with monty i sold my dc5r with 118k for 24500 in march 07..

with 160k you would have to be realistic and know it wont be in the 20-25k bracket.. my 2 cents..

[Chi]

Sold my 02' with 94,xxx kms with some decent mods for about 30k just under a month ago.

[ChargeR]

Sold my 02' with 94,xxx kms with some decent mods for about 30k just under a month ago.

Your '02 was slow though so you were lucky to get that price.

Kookie has sold his DC5R, perhaps he should post up the price he sold it for to give a realistic idea of what the car was worth.

[Chi]

Your '02 was slow though so you were lucky to get that price.

Kookie has sold his DC5R, perhaps he should post up the price he sold it for to give a realistic idea of what the car was worth.

Car wasn't slow, driver was, get your facts right

[ChargeR]

Car wasn't slow, driver was, get your facts right

Hey guy I was trying to be kind .