Real world value of ZT 260

Michal · 1st May 2009, 17:29

I have noticed there's a low mileage (around 29k miles) 04reg Zt260 on eBay for 7000 quid, and there's also 04reg Aurora ZT with 52k miles for about 8000 on Autotrader. I asked my colleague in sales department to give me approximate value of the ZT260 SE on 04reg and surprisingly the best price for a very clean one was 3950 pounds! 7000 seemed a fairly good price for the car, but how am I supposed to spend 7 grand on a car that my colleague would sell for 4500, max for 5000?

Tim · 1st May 2009, 17:32

Simple if you don't have your own mind, don't buy it. Buying the car has never been economic

Zeb · 1st May 2009, 17:37

I assume what Tim is trying to say is that you buy one for the enjoyment and not for the resale value....nevertheless I suspect the values will slowly start to increase again as the years go by...

Tim · 1st May 2009, 17:43

Quote:

Originally Posted by Zeb

I assume what Tim is trying to say is that you buy one for the enjoyment and not for the resale value....nevertheless I suspect the values will slowly start to increase again as the years go by...

Hhmmm...

That was more diplomatic Zeb.

Was a bit short Michal, sorry for that. At the end of the day its your decision, if you are struggling with the economics at this stage perhaps the car is not for you. The running costs are the highest of all the 75/ZT's closely followed by the ZT190 and 180. Your mates opinion needs to be taken under advisement I think.

Michal · 1st May 2009, 18:11

Thing is I was never too good with economizing my money, buying with my heart and as my missus says I'm a master of propaganda as I can always make her let me buy stuff, whether it's a car which is overpriced or an av receiver worth £1.5k for a 3m x 3m room with speakers for 2 grand and she's an accountant...
The problem is I've got too many hobbies, I want to upgrade a camera and one lens can cost more than 2k, buy new hifi and a v8 before they ban them...
My father's driving a Mustang V8 convertible '69 and I miss that sound so much. I bought my CDTi and it's a good car (apart from leaking clips under rear screen) but want something with more character...
Uff...
So now, please tell me. How much is 04reg car worth? I know it's more than £4k in a seller's book, but is 7-8 grand adequate or it should be closer to 6 grand?

Zeb · 1st May 2009, 18:21

I would say, roughly, between £5500 and £9000 should get you something that'll make you smile...

This is based on my own research in recent times.

Duotone · 1st May 2009, 18:39

This Rover 75 V8 in Chatsworth Gold was on Ebay a couple of weeks ago.
It sold for £8099.

The Rover V8 is a bit rarer than the MG 260 and sells for a bit higher price but it gives an idea of what a low milage Mustang engined MG Rover product goes for..

Dave T

StevenWilliams · 1st May 2009, 20:21

Book prices are generally only good for mass produced cars.

The V8s' were not mass produced in that there are not masses of them so any price given has to be taken with a pinch of salt.

If every V8 was put on sale tomorrow for 30k and 1 sells then they are worth 30k.

Zeb · 1st May 2009, 20:25

Quote:

Originally Posted by StevenWilliams

If every V8 was put on sale tomorrow for 30k and 1 sells then they are worth 30k.

Except they wouldn't be worth £30,000 due to differences in age, mileage and condition...eg. If the 'new' V8 at SMG DID sell for £30,000, everybody elses would still be worth a lot less...

JP53 · 1st May 2009, 20:35

This seems to be the going rate http://cgi.ebay.co.uk/2004-MG-ZT-SE-...3A1%7C294%3A50

1st May 2009, 17:29	#1
Michal Regular poster Jaguar S-Type R Join Date: Aug 2007 Location: Cardiff Posts: 73 Thanks: 0 Thanked 0 Times in 0 Posts	Real world value of ZT 260 I have noticed there's a low mileage (around 29k miles) 04reg Zt260 on eBay for 7000 quid, and there's also 04reg Aurora ZT with 52k miles for about 8000 on Autotrader. I asked my colleague in sales department to give me approximate value of the ZT260 SE on 04reg and surprisingly the best price for a very clean one was 3950 pounds! 7000 seemed a fairly good price for the car, but how am I supposed to spend 7 grand on a car that my colleague would sell for 4500, max for 5000?

1st May 2009, 17:32	#2
Tim Feel the size of my Quads MG ZT 440SE, MG HS PHEV & MG3 Join Date: Nov 2006 Location: Addlestone Posts: 1,735 Thanks: 0 Thanked 128 Times in 85 Posts	Simple if you don't have your own mind, don't buy it. Buying the car has never been economic __________________ Member 23 or 63 depending on what you look at. https://www.two-sixties.co.uk/mgoc26...0rum/forum.php http://two-sixties-blog.com/ http://www.youtube.com/user/TheTwoSi.../1/1wPt2rhd_Ps

1st May 2009, 20:21	#8
StevenWilliams This is my second home Rover 75 Saloon 2.5 V6 British Racing Green. 81,000 miles and counting Join Date: Apr 2008 Location: Crawley, West Sussex Posts: 6,183 Thanks: 0 Thanked 2 Times in 2 Posts	Book prices are generally only good for mass produced cars. The V8s' were not mass produced in that there are not masses of them so any price given has to be taken with a pinch of salt. If every V8 was put on sale tomorrow for 30k and 1 sells then they are worth 30k. __________________ [SIGPIC][/SIGPIC] Rover 75 2.5 2000 Club SE. British Racing Green. MEMBER NUMBER: MMMDCCXXVI Looking for: 7 seater

1st May 2009, 20:35	#10
JP53 I really should get out more....... 2004 Rover 75 1.8 Connoisseur SE saloon. 'Eliza' Join Date: Nov 2006 Location: Kidderminster Posts: 2,466 Thanks: 0 Thanked 0 Times in 0 Posts	This seems to be the going rate http://cgi.ebay.co.uk/2004-MG-ZT-SE-...3A1%7C294%3A50 __________________ [SIGPIC][/SIGPIC]Rover 75, dignity, quality, charm. "Eliza ... Where the devil are my slippers?"

1st May 2009, 17:37	#3
Zeb Banned MGZT V8 & ZTT 190+LPG Join Date: Nov 2006 Posts: 8,089 Thanks: 0 Thanked 0 Times in 0 Posts	I assume what Tim is trying to say is that you buy one for the enjoyment and not for the resale value....nevertheless I suspect the values will slowly start to increase again as the years go by...

1st May 2009, 18:11	#5
Michal Regular poster Jaguar S-Type R Join Date: Aug 2007 Location: Cardiff Posts: 73 Thanks: 0 Thanked 0 Times in 0 Posts	Thing is I was never too good with economizing my money, buying with my heart and as my missus says I'm a master of propaganda as I can always make her let me buy stuff, whether it's a car which is overpriced or an av receiver worth £1.5k for a 3m x 3m room with speakers for 2 grand and she's an accountant... The problem is I've got too many hobbies, I want to upgrade a camera and one lens can cost more than 2k, buy new hifi and a v8 before they ban them... My father's driving a Mustang V8 convertible '69 and I miss that sound so much. I bought my CDTi and it's a good car (apart from leaking clips under rear screen) but want something with more character... Uff... So now, please tell me. How much is 04reg car worth? I know it's more than £4k in a seller's book, but is 7-8 grand adequate or it should be closer to 6 grand?

1st May 2009, 18:21	#6
Zeb Banned MGZT V8 & ZTT 190+LPG Join Date: Nov 2006 Posts: 8,089 Thanks: 0 Thanked 0 Times in 0 Posts	I would say, roughly, between £5500 and £9000 should get you something that'll make you smile... This is based on my own research in recent times.

1st May 2009, 18:39	#7
Duotone This is my second home 75 Join Date: Nov 2006 Location: Leeds Posts: 8,432 Thanks: 176 Thanked 907 Times in 716 Posts	This Rover 75 V8 in Chatsworth Gold was on Ebay a couple of weeks ago. It sold for £8099. The Rover V8 is a bit rarer than the MG 260 and sells for a bit higher price but it gives an idea of what a low milage Mustang engined MG Rover product goes for.. Dave T