Dealer taking the p*ss
Discussion
Chessers said:
I know that prices have dropped massively for the E46 M3's but was considering changing mine for a new shape M5 (55/06) plate so thought I would see what was on offer from the dealer.
Was astounded when he offered me £16k for my car which he seemed to feel was the best price I would get - even privately!
Would not budge at all even when I pointed out he had an 05 CAB on his forecourt for £28k with more miles as well.
Spec is:
04/54
M3 CAB in Titanium Silver
SMG
Hardtop
Full grey leather interior
12,600 miles with FBMWSH
11 months MOT
3 months Tax
Close to a years warranty left
Tracker fitted
Next service not for another 12,500 miles
Two new rear tyres (1,000 miles)
Refurbished calipers all round so no rust
Stainless hoses
Sat Nav (DVD)
TV
6 CD Changer
In car telephone module (if you have an Ericsson phone!)
Heated + electric memory seats
19" wheels (no marks at all)
Immaculate all round apart from few stone chips to bumper and bonnet (approx 10 - 15 in total)
Surely it must be worth more than that?????
YHM! And it's relatively good news.Was astounded when he offered me £16k for my car which he seemed to feel was the best price I would get - even privately!
Would not budge at all even when I pointed out he had an 05 CAB on his forecourt for £28k with more miles as well.
Spec is:
04/54
M3 CAB in Titanium Silver
SMG
Hardtop
Full grey leather interior
12,600 miles with FBMWSH
11 months MOT
3 months Tax
Close to a years warranty left
Tracker fitted
Next service not for another 12,500 miles
Two new rear tyres (1,000 miles)
Refurbished calipers all round so no rust
Stainless hoses
Sat Nav (DVD)
TV
6 CD Changer
In car telephone module (if you have an Ericsson phone!)
Heated + electric memory seats
19" wheels (no marks at all)
Immaculate all round apart from few stone chips to bumper and bonnet (approx 10 - 15 in total)
Surely it must be worth more than that?????
paoloh said:
Deutscher said:
Mind you, you can understand the dealers wanting to cover themselves when you see the way cars are shedding value. Look at this E92 M3 that's lost £2k per month since new!
http://www.pistonheads.com/sales/593789.htm
I am actually shaking as I write this but I actually agree with D.......... I am now off to have a shower, I feel dirty.http://www.pistonheads.com/sales/593789.htm
Rags said:
-Z- said:
As a guide when we chopped in the e92 325i coupe at SJ enfield they put it up for only 2.5k more than they gave us for it.
But they may have had some more profit margin in the car they sold you?-Z- said:
Rags said:
-Z- said:
As a guide when we chopped in the e92 325i coupe at SJ enfield they put it up for only 2.5k more than they gave us for it.
But they may have had some more profit margin in the car they sold you?paoloh said:
-Z- said:
Rags said:
-Z- said:
As a guide when we chopped in the e92 325i coupe at SJ enfield they put it up for only 2.5k more than they gave us for it.
But they may have had some more profit margin in the car they sold you?Edited by -Z- on Thursday 10th July 22:55
-Z- said:
paoloh said:
-Z- said:
Rags said:
-Z- said:
As a guide when we chopped in the e92 325i coupe at SJ enfield they put it up for only 2.5k more than they gave us for it.
But they may have had some more profit margin in the car they sold you?Edited by -Z- on Thursday 10th July 22:55
paoloh said:
-Z- said:
paoloh said:
-Z- said:
Rags said:
-Z- said:
As a guide when we chopped in the e92 325i coupe at SJ enfield they put it up for only 2.5k more than they gave us for it.
But they may have had some more profit margin in the car they sold you?Edited by -Z- on Thursday 10th July 22:55
-Z- said:
paoloh said:
-Z- said:
paoloh said:
-Z- said:
Rags said:
-Z- said:
As a guide when we chopped in the e92 325i coupe at SJ enfield they put it up for only 2.5k more than they gave us for it.
But they may have had some more profit margin in the car they sold you?Edited by -Z- on Thursday 10th July 22:55
They will offer rediculously low part exchange values. You're far better off selling it privately - several grand better off. I personally will never part exchange out of principle - unless I was rich - because you are always worse off without realising. As said above dealers are there to make money. Good luck with your sale.
Rags said:
Worse off financially you mean.
For some people (lots)_ the time dedicated to selling a car privately is best used to do other things which are more valuable.
Yes, financially. Placing a £10-£15 ad takes less than two mins, and letting a few potential buyers look over your car is just the same as a dealer or two doing the same .. hardly time consuming. Well worth it since you can make on average £500-£1000+ if not more selling it privately compared to part exchanging it. For some people (lots)_ the time dedicated to selling a car privately is best used to do other things which are more valuable.
In this particular case the dealer is taking the piss though.
Edited by matth76 on Monday 14th July 20:57
matth76 said:
Rags said:
Worse off financially you mean.
For some people (lots)_ the time dedicated to selling a car privately is best used to do other things which are more valuable.
Yes, financially. Placing a £10-£15 ad takes less than two mins, and letting a few potential buyers look over your car is just the same as a dealer or two doing the same .. hardly time consuming. Well worth it since you can make on average £500-£1000+ if not more selling it privately compared to part exchanging it. For some people (lots)_ the time dedicated to selling a car privately is best used to do other things which are more valuable.
In this particular case the dealer is taking the piss though.
Edited by matth76 on Monday 14th July 20:57
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