Discussion
Why oh why do dealers offer so little for part exchange against their cars? Now I realise that they are there to make a profit, but is there a reason for such low offers or are they just bleedin greedy?
My current car would sit on a forecourt for about 3.5 - 4k. Taking into account they have to allow for problems and still make a decent sum on it, would around 2.5k be a reasonable expectation? Thus far, I have been offered 15-1800 against some top dollar cars. This isn't just down to credit crunch either, this always seems to be the case.
Please enlighten me. Car is mint with low miles and good history.
My current car would sit on a forecourt for about 3.5 - 4k. Taking into account they have to allow for problems and still make a decent sum on it, would around 2.5k be a reasonable expectation? Thus far, I have been offered 15-1800 against some top dollar cars. This isn't just down to credit crunch either, this always seems to be the case.
Please enlighten me. Car is mint with low miles and good history.
Most dealers I've dealt with historically have been fair in haggling trade-in price and sale price.
But one of my local dealers (a PH advertiser incidently) offer bottom of book for trade-in, and top of book for forecourt price, and will not haggle in any way shape of form.
It's pretty infuriating to be honest.
Ho hum.
K
But one of my local dealers (a PH advertiser incidently) offer bottom of book for trade-in, and top of book for forecourt price, and will not haggle in any way shape of form.
It's pretty infuriating to be honest.
Ho hum.
K
Kinky said:
Most dealers I've dealt with historically have been fair in haggling trade-in price and sale price.
But one of my local dealers (a PH advertiser incidently) offer bottom of book for trade-in, and top of book for forecourt price, and will not haggle in any way shape of form.
It's pretty infuriating to be honest.
Ho hum.
K
Solution? Charge more advertising that will learn emBut one of my local dealers (a PH advertiser incidently) offer bottom of book for trade-in, and top of book for forecourt price, and will not haggle in any way shape of form.
It's pretty infuriating to be honest.
Ho hum.
K
No no! Not the Chim. I must update that, I sold it a year ago. It has been replaced by a single seater race car.
The exciting beast to which we refer, is in fact a lowly Freelander. It's not going to set anyones world alight, but it's a good example of a let's face it, dull car. I want to chop it in for a diesel X-type or if cornered a TDCI Mundano.
The exciting beast to which we refer, is in fact a lowly Freelander. It's not going to set anyones world alight, but it's a good example of a let's face it, dull car. I want to chop it in for a diesel X-type or if cornered a TDCI Mundano.
CaptiV8ted said:
No no! Not the Chim. I must update that, I sold it a year ago. It has been replaced by a single seater race car.
The exciting beast to which we refer, is in fact a lowly Freelander. It's not going to set anyones world alight, but it's a good example of a let's face it, dull car. I want to chop it in for a diesel X-type or if cornered a TDCI Mundano.
Freelander The exciting beast to which we refer, is in fact a lowly Freelander. It's not going to set anyones world alight, but it's a good example of a let's face it, dull car. I want to chop it in for a diesel X-type or if cornered a TDCI Mundano.
And that reaction is why he's offering s
t all for it. People are only currently buying really small economic cars as I understand it. So something that looks like a thirsty 4x4 is going to sit around for a while I'd think. (even if it actually did 100mpg the public would still shun it)I would agree with Munter to be honest. Freelanders don't tick the "economical" box, nor do they tick the "off road / luxury 4x4 and to hell with the cost" box either, they are stuck somewhere in the middle. I suspect the price being offered is not that low because the dealer wants some profit out of it, more that the dealer doesn't want it on his hands full stop and would rather make you a ridiculous offer than say a flat no to taking it on.
Dealers have to offer lower prices to make money on it or else theres no point. Due to the car it is there's less chance they will be haggled unless its something they can sell quickly.
Most part ex's they will pass straight to the auction so they will get rock bottom anyway or even loose a little.
private is the best way forward if you want the best price.
Also with the current credit crunch etc, delears are saying no to alot or cars.
Most part ex's they will pass straight to the auction so they will get rock bottom anyway or even loose a little.
private is the best way forward if you want the best price.
Also with the current credit crunch etc, delears are saying no to alot or cars.
Edited by steebo888 on Sunday 16th November 19:00
Stigmundfreud said:
Kinky said:
Most dealers I've dealt with historically have been fair in haggling trade-in price and sale price.
But one of my local dealers (a PH advertiser incidently) offer bottom of book for trade-in, and top of book for forecourt price, and will not haggle in any way shape of form.
It's pretty infuriating to be honest.
Ho hum.
K
Solution? Charge more advertising that will learn emBut one of my local dealers (a PH advertiser incidently) offer bottom of book for trade-in, and top of book for forecourt price, and will not haggle in any way shape of form.
It's pretty infuriating to be honest.
Ho hum.
K
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