How do you value a roadster?

[Msjulie]

I have a 2008 1.5 Roadster, about 85k miles, good but not perfect condition - how do I value that for insurance reasons

New tires, *new* (reman PEM), hard top, 2 sets of rims, 3.0 battery 10mos old

Trying to get pricing by looking at various sellers prices, blackbook, etc is just sending me all around..

thanks

 

[ecarfan]

Trying to get pricing by looking at various sellers prices, blackbook, etc is just sending me all around..

It is difficult to value a car that was produced in low numbers and is so unusual. In addition, there are few known sales of 1.5’s with the 3.0 battery. Your approach is reasonable, though I would disregard Kelly Blue Book values.

My car is similar to yours, just with fewer miles (37K). I’ve seen your car, and based on your description I think a value of $60 - 65K. To me, the 3.0 battery adds a lot of value, despite the high miles on your car. Without the 3.0 battery I would guess a car like yours would currently sell for $45 to $50K.

That is just my personal opinion. No offense met, just trying to help. I don’t know what you paid for your car. It is my belief that Roadsters are slowly depreciating and mileage is a major factor in determining value. They have not attained “collector” car status that would cause values to appreciate.

 

[Msjulie]

Thanks for the comment - I agree, buying a car hoping it goes up in value isn't something I would ever expect

 

[pharma5]

I'd like to think you would crack $70k with 3.0 pack with high total miles, but I haven't seen the exterior. Thought online listings for Roadster were a little higher the past month, fwiw.