Thursday, Jul 03, 2014 at 18:38
Hi Allein,
Thanks for your concern about the price but with respect I must disagree with you. I believe your research is deficient in that you may have not priced the exact model and/or quoted the cheaper 3.0litre TD model. I never put much faith in redbook numbers or any other valuation. But if you do use “value your car” on Carsales.com the figure for a 4.2TD 2005 Patrol ST L GUIV is $26,800 - $30,700 for a private sale (this is the exact model
mine was originally). Suggested Kms for a 2005 model range from 140,000-230,000.
Mine is about midway.
But if you go to carsales and search for 2005 models of that description listed for sale you get 15 vehicles for sale. The top 10 have Kms under 200,000 and range in price from a low of $42,980 to a high of $53,500. Thus my point is that the majority of sellers are asking prices way in excess of any redbook or value your car valuations.
(tradein prices are irrelevant…I am selling privately not trading in).
If you look at straight 2005 cab/chassis with the 4.2 TD there are many for sale around $39,000 to $40,000 with similar kms.
Beside all of those comparisons
mine has just had $1300 spent on 4 brand new Brst697’s tyres and has many $1,000s of other “fruit”. I know you never get much money back an accessories but the fact as they have some value.
At the end of the day market forces will determine the sale price. I have set my starting price but obviously there is always negotiation on these things.
To answer your question…insurance is not an issue. Just insure for agreed value.
Cheers
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