Is it a bad time to sell car ?

[UK345]

I have recently been given a company car which i can use for personal use so my personal car is for sale. It has been for sale for the last month and the only bite i have had is someone offering me half my asking price. The car does have highish miles 110k to be precise but it has a good history. The car is an eight year old Fiesta.

I am surprised noone has bought it yet and just wondering if the car buying market freezes at this time of year or am i trying to sell a car noone wants ?

[UK345]

Thanks for the reply it is much appreciated. I have pictures from all angles of the car. It is priced at £1650 but would snap someones hand off at £1500. Its in good enough nick bar a slight scuff on the rear bumper and surface rust at the bottoms of each of the front wings (common ford problem). I still like the car and have the space to keep it but want to move it on so someone else gets the benefit.

[UK345]

Its advertised on a free ads website at the moment. I have sold some price cars ive had on there at this sort of price. There is some competitors but my car seems to have more goodies than the ones they are advertising. Again they all seem to still be for sale. I was thinking of putting it on autotrader but it is £56 for 6 weeks advertising.

[UK345]

I suppose it is a waiting game and finally someone somewhere will crawl out the woodwork and bite the bullet. I think it is well priced but have since seen some lower mileage examples for about £200 more. Two competitors I currently have there cars priced at £1295 and one £1600. These cars are either finished in undesirable colours or don't have the same specification as mine. I am tempted to put it on autotrader or maybe even try out eBay.

[UK345]

Easternlight said:

Could be the best £56 you've ever spent.

Just ask yourself this question
Where's the first place you look for another car?

Edited by Easternlight on Tuesday 13th October 20:44

Agreed I never really thought of it like that. One of my last cars (2007 Fiesta ST with 98k) took me 6 months to sell. I had it on gumtree and then decided to bite the bullet and get it on autotrader. Bought 6 weeks listing and it sold within 3 weeks. Was such a relief as things we're starting to go wrong and it was needing around £1000 spent on it. Earlier this year, I did sell my old car a 2004 Fiesta Finesse with 102k on gumtree. It was knackered with the abs light on and needing some other bits done. Was inundated with enquiries for it and it finally sold after 3 viewings.

I think autotrader is my only way forward in this case. It's just sitting there doing nothing and it's not good for it especially since the bitter cold weather is coming in. I cannot see me losing much in depreciation on the car. I bought it in February for £1500 and have a feeling I can get that money back to the right customer.

[UK345]

CoolHands said:

ebay. £1250. Sold.

It's looking like I will need to go down that avenue. The cold weather is coming in and it does the axe no favours when it's lying there unused. I suppose the good thing about it being more damp is it will hide the gearbox oil and coolant leak.

[UK345]

Just a little update. Yesterday I dropped the price to £1500 and had two calls. Someone came and bought it earlier today for £1350. It sold through gumtree and I feel that was a bit of a win. £150 for 8 months motoring is not to be sneezed at