Has the arse really fallen out of the used car market?!
Discussion
Range Rover Vogue TD6's are roughly £5K BEHIND trade book for 04/54s onwards. I am now telling customer that I do not want their 2.0 petrol engined car(that isnt a retail car for me, higher miles etc) in part exchange as I am not getting any bids for them in auction. I would rather do that thatn upset them with an offer thats less than half of what they want!
sleep envy said:
Emeye said:
sleep envy said:
TBH they're only at £4kish in the classifieds and he has to make a living
I've had a look - and cars similar to mine are advertised anywhere between £6.5k upwards.Doesn't mean they are selling though....
sleep envy said:
£6.5 is a bit optimistic IMO but no that far off
seems like it was an opportunistic bid or he might already have enough barges on the plot to spin
This was a VW main dealer who has been calling traders asking for a quote. He would not sell it himself.seems like it was an opportunistic bid or he might already have enough barges on the plot to spin
I was expecting a worse offer of £5k to start, then him to chip £1k off his £17k Gti and then we may have had a deal.
Edited by Emeye on Saturday 19th July 14:58
This is absolutely disgraceful, the country is in big trouble due in part to global influences. The American property fiasco and the price of oil. And this government think up a scheme that intensifies the problems. Bin laden and his pals could not have thought up a better way to f
k up the economy. How about doubling stamp duty to help the building trade. 
This Chancellor appears to think on his feet, without considering the ramifications of his actions, bleeding scary or what !
k up the economy. How about doubling stamp duty to help the building trade. This Chancellor appears to think on his feet, without considering the ramifications of his actions, bleeding scary or what !
sleep envy said:
rather than trying to haggle two deals did you ask him for the cost to change?
I find it easier to wear them down that way
Yeh - I told him this morning I was just interested in cost to change - I'd set it at £10k - £11k being realistic.I find it easier to wear them down that way
I'm not after finance, yet not sure if this is an advantage, as they probably make money off it.
Edited by Emeye on Saturday 19th July 15:06
It's completely fubar.
Several lots round here have noticeably lower stocks than normal - must be cashing in and reselling only eco(ish) cars.
Ref Dunk76's comments of a while back - much of the heavy metal out there is worth not just substantially less than it was/ever has been but conceivably nil.
This will extend beyond the current economic turmoil and reflects the beginning of the end for the cars where ownership is an automotive channel for the libido.
A fitting swansong befitting the complete failure of Nulabia's disasterous reign.
Several lots round here have noticeably lower stocks than normal - must be cashing in and reselling only eco(ish) cars.
Ref Dunk76's comments of a while back - much of the heavy metal out there is worth not just substantially less than it was/ever has been but conceivably nil.
This will extend beyond the current economic turmoil and reflects the beginning of the end for the cars where ownership is an automotive channel for the libido.
A fitting swansong befitting the complete failure of Nulabia's disasterous reign.
Emeye said:
sleep envy said:
Emeye said:
sleep envy said:
TBH they're only at £4kish in the classifieds and he has to make a living
I've had a look - and cars similar to mine are advertised anywhere between £6.5k upwards.Doesn't mean they are selling though....
£3000 is bang on the money in this present climate
derestrictor said:
It's completely fubar.
Several lots round here have noticeably lower stocks than normal - must be cashing in and reselling only eco(ish) cars.
Ref Dunk76's comments of a while back - much of the heavy metal out there is worth not just substantially less than it was/ever has been but conceivably nil.
This will extend beyond the current economic turmoil and reflects the beginning of the end for the cars where ownership is an automotive channel for the libido.
A fitting swansong befitting the complete failure of Nulabia's disasterous reign.
Derestrictor,Several lots round here have noticeably lower stocks than normal - must be cashing in and reselling only eco(ish) cars.
Ref Dunk76's comments of a while back - much of the heavy metal out there is worth not just substantially less than it was/ever has been but conceivably nil.
This will extend beyond the current economic turmoil and reflects the beginning of the end for the cars where ownership is an automotive channel for the libido.
A fitting swansong befitting the complete failure of Nulabia's disasterous reign.
I wholly blame you for my purchase of this car in February! It was your Bargain Barge threads that got me thinking what good value a big motor would be!!!
Not really, it's my fault for changing my car so bloody often.
Cheers.
POORCARDEALER said:
Range Rover Vogue TD6's are roughly £5K BEHIND trade book for 04/54s onwards. I am now telling customer that I do not want their 2.0 petrol engined car(that isnt a retail car for me, higher miles etc) in part exchange as I am not getting any bids for them in auction. I would rather do that thatn upset them with an offer thats less than half of what they want!
Seen this from the other side trying to part ex my old 99 Jeep Cherokee. I know it isnt worth a lot but was suprised when dealers turned round and said they wouldnt make an offer on it. I am thinking of giving up and scrapping it as I have been offerd £250 scrap value for it. Gassing Station | General Gassing | Top of Page | What's New | My Stuff