If it is in good condition it will probably got for 5% within the CAP price which tracks lease disposals at auction.
Have a look on the AA website and look at the trade in price for good condition and knock off about 8% to give you a rough figure. Alternatively, post the car details here and I'm somebody will advise.
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Thanks for the links
According to What Car, trade value is £12,695 now so I supose that would have dropped about £400 or so by July.
Rather worrying is the review - it has several errors which makes me wonder how accurate the reviews are for cars that I DON'T know about!
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What year,make, model, mileage, colour is it?
Somecars make over trade' price and some make much less.
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Okey doke:
2004 (first registered July 2004)
Mitsubishi
Shogun Sport 2.5TD Equippe
Probably about 25k miles by July
Black (all black - not two-tone)
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Not as sought after vehicle compared to its bigger sister the Shogun 3.2 diesel.
As a result would probably would sell 'behind' trade book price at auction. Unless 2 bidders really wants one?
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Not as sought after vehicle compared to its bigger sister the Shogun 3.2 diesel.
That's good news then!
Personally, I think the 'Standard' Shogun is pig ugly whereas the sport is one of the nicest looking 4x4s (or even nicest looking estate car) available...
Do ex-lease cars at BCA auctions have reserve prices?
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WHAT CAR? VERDICT SHOGUN SPORT 2.5 Diesel (2 stars)
"Copes easily when shown a rutted track; V6 has plenty of go; high image. Based on a pick-up truck and it shows in the ride and handling, which are crude; serious lack of cabin space; diesel noisy."
WHAT CAR? VERDICT SHOGUN DIESEL 3.2 Diesel (3 stars)
"Bloated version of earlier Shogun has better performance and more sophisticated four-wheel drive. Plenty of interior space but expanses of plastic look tacky. Solid, able and reliable. Auto box is excellent."
The Sport may be better looking, but the other vehicle is better
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WHAT CAR? VERDICT SHOGUN SPORT 2.5 Diesel (2 stars) "Copes easily when shown a rutted track; V6 has plenty of go; high image. Based on a pick-up truck and it shows in the ride and handling, which are crude; serious lack of cabin space; diesel noisy."
Yeah I saw that which makes me wonder if they based the report on the pickup as well!
There is no way that anyone could say "serious lack of cabin space". That might be true of the L200 double-cab pickup....
They also got the service interval wrong which lead me to believe that they don't actually know what they are talking about
:-)
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Most lease cars will have an reserve price.
Its only 'bangers' go thru without reserve
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