RV8
prices - what relationships can we see with mileage and colour?
See
the V8BB thread. More
See our analysis of RV8s advertised for sale on the
V8 website from 2009 to mid 2011. More
Posted: 110731
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 | Robert
Wiliam Kerr posted a note on the V8BB seeking views on RV8 prices for various
mileages saying "I note another exceptional RV8 is due on the market shortly.
I am now using my RV8 since an MGBGTV8 re-shell is taking forever. So I have a
vested interest in understanding depreciation per additional 1,000 miles - say
from 8,000 miles at | present.
Is there any tripping points with abrupt changes in price? Say at 10,000 miles?
15,000 miles? I really enjoyed the open air motoring this week. Quite addictive.
Any comments would be of interest. Any thoughts?"
So
we have looked back over some 32 adverts posted on the V8 website to see if any
useful indications could be seen. The analysis is based on the RV8s advertised
on the RV8s for Sale webpage on the V8 website run by the V8 Register of the MG
Car Club. The data used are the advertised prices as details of the agreed selling
prices of those cars are very rarely released to the V8 Register. However in many,
but not necessarily in all cases, it may be reasonable to assume that the agreed
selling price is struck at a modest discount to the advertised price, possibly
in the range 3% to 8%. The prices for each mileage category are the average of
those on display in the adverts. All cars are assumed to be Class 1 and any RV8s
which appeared to be less than Class 1 have been excluded from the analysis. There
are clearly limitations with this analysis, not least the assumptions as to the
condition of the cars advertised for sale. See
our RV8 prices report | | |
