Secondhand car price crash? (Vol. 2)

[e-honda]

av185 said:

Meanwhile it is no surprise Cazoo called in administrators.

A surprise to some people, thier share price nearly tripled between march and may they were absolutely storming.

[av185]

The mind truly boggles at their once decidely heady £6billion cloud cuckoo 'valuation' figure lol.

[AlexNJ89]

Fast Bug said:

That's not what a GM will say when you're using their assets and taking time out to demo someone you'll not be able to sell to.

It literally adds like 10 miles to the car, I've never taken a car for a test drive, added mileage and seen they've had to reduce the price due to the mileage I've added.

Main dealers also have a ton of staff so it hasn't stopped anyone else from buying the car or any other car.

[av185]

Motorpoint had quite a clever marketing line back in the day which was test drive the car of your choice at the main dealer then come along and buy the same car but much cheaper ££ from us.

[Deep Thought]

AlexNJ89 said:

Fast Bug said:

That's not what a GM will say when you're using their assets and taking time out to demo someone you'll not be able to sell to.

It literally adds like 10 miles to the car, I've never taken a car for a test drive, added mileage and seen they've had to reduce the price due to the mileage I've added.

Main dealers also have a ton of staff so it hasn't stopped anyone else from buying the car or any other car.

A very simplistic view.

And who said the issue was the car depreciated due to the minimal miles added?

It may well dirty a car which then needs valeted / washed again. Fuel used also.

The sales person could end up wasting 30 minutes or an hour wasting time with the person when they could otherwise have been engaging with someone else.

Sales teams are optimised relative to how many cars the dealership expects to sell, therefore dont have a "ton of staff" with the spare time to deal with blatant time wasters.

Sales people also have to justify their time spent with potential customers and explain why it didnt result in a sale "Oh they arent going to buy a car from us, they just fancied a test drive" isnt going to go down well.

Edited by Deep Thought on Wednesday 22 May 09:53

[AlexNJ89]

Deep Thought said:

A very simplistic view.

And who said the issue was the car depreciated due to the minimal miles added?

It may well dirty a car which then needs valeted / washed again. Fuel used also.

The sales person could end up wasting 30 minutes or an hour wasting time with the person when they could otherwise have been engaging with someone else.

Sales teams are optimised relative to how many cars the dealership expects to sell, therefore dont have a "ton of staff" with the spare time to deal with blatant time wasters.

Sales people also have to justify their time spent with potential customers and explain why it didnt result in a sale "Oh they arent going to buy a car from us, they just fancied a test drive" isnt going to go down well.

Edited by Deep Thought on Wednesday 22 May 09:53

Taking all of what you said in to account, it still remains the best and most ethical way to test drive a car to see if you like it in comparison to small garages and private sellers.

A lot of people do it and main dealers are doing just fine.

[Deep Thought]

AlexNJ89 said:

Taking all of what you said in to account, it still remains the best and most ethical way to test drive a car to see if you like it in comparison to small garages and private sellers.

A lot of people do it and main dealers are doing just fine.

So you're saying lying - or misleading - the salesperson in to believing you are actually going to buy a car, when in actual fact you're going to get it through a leasing co, thats ethical is it?

OK.....

[Kerniki]

Deep Thought said:

AlexNJ89 said:

Taking all of what you said in to account, it still remains the best and most ethical way to test drive a car to see if you like it in comparison to small garages and private sellers.

A lot of people do it and main dealers are doing just fine.

So you're saying lying - or misleading - the salesperson in to believing you are actually going to buy a car, when in actual fact you're going to get it through a leasing co, thats ethical is it?

OK.....

I think one talks in the same language they seem to use

[AlexNJ89]

Deep Thought said:

So you're saying lying - or misleading - the salesperson in to believing you are actually going to buy a car, when in actual fact you're going to get it through a leasing co, thats ethical is it?

OK.....

It's the most ethical yes. I understand you work at a dealership and it may hit close to home, but as I said someone buying the car elsewhere still benefits the manufacturer which benefits the dealer.

[Deep Thought]

AlexNJ89 said:

Deep Thought said:

So you're saying lying - or misleading - the salesperson in to believing you are actually going to buy a car, when in actual fact you're going to get it through a leasing co, thats ethical is it?

OK.....

It's the most ethical yes. I understand you work at a dealership and it may hit close to home, but as I said someone buying the car elsewhere still benefits the manufacturer which benefits the dealer.

I dont work at a dealership at all.

The discussion at hand was around wasting salespeoples time. Salespeople are not concerned with - nor targetted on - people buying cars elsewhere.

[AlexNJ89]

Deep Thought said:

I dont work at a dealership at all.

The discussion at hand was around wasting salespeoples time. Salespeople are not concerned with - nor targetted on - people buying cars elsewhere.

If I wanted to lease a car, what's the best way to drive one to see if I like it before leasing it?

[Fast Bug]

AlexNJ89 said:

If I wanted to lease a car, what's the best way to drive one to see if I like it before leasing it?

Be up front with the dealer and don't be surprised if they decline your request

[Kerniki]

Fast Bug said:

AlexNJ89 said:

If I wanted to lease a car, what's the best way to drive one to see if I like it before leasing it?

Be up front with the dealer and don't be surprised if they decline your request

Or just lie to them like they constantly do to customers

[Fast Bug]

Kerniki said:

Fast Bug said:

AlexNJ89 said:

If I wanted to lease a car, what's the best way to drive one to see if I like it before leasing it?

Be up front with the dealer and don't be surprised if they decline your request

Or just lie to them like they constantly do to customers

Of course, because customers never lie do they

[Kerniki]

Fast Bug said:

Kerniki said:

Fast Bug said:

AlexNJ89 said:

If I wanted to lease a car, what's the best way to drive one to see if I like it before leasing it?

Be up front with the dealer and don't be surprised if they decline your request

Or just lie to them like they constantly do to customers

Of course, because customers never lie do they

I think that attitude ‘to not lie’ should probably start with the professional, strangely

there are some upstanding dealers and i know many, but the majority spoil it for the others unfortunately and then you’re in a vicious circle.. its why many a top end indy dealer focus really hard on open & honest policy but its really difficult for them with customers burnt attitude by the time they get to dealing with them later on in their buying journey.

But sure, customers do lie, never said they didnt

[Fast Bug]

Kerniki said:

I think that attitude ‘to not lie’ should probably start with the professional, strangely

there are some upstanding dealers and i know many, but the majority spoil it for the others unfortunately and then you’re in a vicious circle.. its why many a top end indy dealer focus really hard on open & honest policy but its really difficult for them with customers burnt attitude by the time they get to dealing with them later on in their buying journey.

But sure, customers do lie, never said they didnt

There are good and honest people in all walks of life and all industries. I wouldn't want to tar everyone with the same brush though...

I've generally found that whereever I've worked the bad apples have been weeded out quickly and rarely last their probation period.

[AlexNJ89]

Fast Bug said:

Be up front with the dealer and don't be surprised if they decline your request

That doesn't sound like a good plan at all.

[Deep Thought]

AlexNJ89 said:

Fast Bug said:

Be up front with the dealer and don't be surprised if they decline your request

That doesn't sound like a good plan at all.

But the most ethical.

[Kerniki]

Fast Bug said:

Kerniki said:

I think that attitude ‘to not lie’ should probably start with the professional, strangely

there are some upstanding dealers and i know many, but the majority spoil it for the others unfortunately and then you’re in a vicious circle.. its why many a top end indy dealer focus really hard on open & honest policy but its really difficult for them with customers burnt attitude by the time they get to dealing with them later on in their buying journey.

But sure, customers do lie, never said they didnt

There are good and honest people in all walks of life and all industries. I wouldn't want to tar everyone with the same brush though...

I've generally found that whereever I've worked the bad apples have been weeded out quickly and rarely last their probation period.

Quite, and as i said, i dont but i do think in the car industry the majority are dishonest if they can get away with it, look a VW and dieselgate and they werent the only ones, thats from the top down so very likely to influence most within the car industry but like you say, same with most industries and business chasing money as it involves greed for more money, that very greed is incredibly influential to morals and values.
The customer is still driven by money, just differently, more a saving money thing which isnt massively different but obviously very frictional to the dealers motives hence why i think the responsibility sits with dealers as they’re the ones instigating the relationship by setting themselves up.
I’m pretty diligent with my car buying and always have been so never really been caught out but unfortunately many many have, thus the used car dealers reputation , which sucks for the good ones in one way but also enables them to stand out if they stick it out.

[Fast Bug]

Just be honest with the dealer and you'll be surprised how many will pop you in a demo and won't spend much time with you and concentrate on someone that might actually buy a car from them.