I want to buy a neighbours trade-in...advice
Discussion
Got some new neighbours and just having a chat to him he tells me that he's putting two cars up for a trade in with a local dealer. Values have been agreed and the deal goes ahead on Friday.
One of the cars (Audi TT) is quite fancied by Mrs J-i-a-B and I asked him if he would be prepared to sell her the car at the value he's beeen offered in PeX...he looked a little perplexed and offered to think about. He did and declined, believing he may jeopordise his deal. He did however invite me to come down to the dealer and I could perhaps buy the car from the dealer. I suspect the dealer would be asking a fair chunk more!
The car is apparently going off to auction one the deal is done and the dealer is not an Audi garage.
Wife is pretty keen to get her hands on it and has asked me to contact dealer. I feel a little uneasy doing this...I don't want to be seen dabbling in this guys business.
Am I right to back off?
If for example, the Audi was not available (mech failure / accident damaged)and neighbour trotted off to complete the deal with the value he's been offered in cash would the deal be at risk?
Thoughts appreciated
One of the cars (Audi TT) is quite fancied by Mrs J-i-a-B and I asked him if he would be prepared to sell her the car at the value he's beeen offered in PeX...he looked a little perplexed and offered to think about. He did and declined, believing he may jeopordise his deal. He did however invite me to come down to the dealer and I could perhaps buy the car from the dealer. I suspect the dealer would be asking a fair chunk more!
The car is apparently going off to auction one the deal is done and the dealer is not an Audi garage.
Wife is pretty keen to get her hands on it and has asked me to contact dealer. I feel a little uneasy doing this...I don't want to be seen dabbling in this guys business.
Am I right to back off?
If for example, the Audi was not available (mech failure / accident damaged)and neighbour trotted off to complete the deal with the value he's been offered in cash would the deal be at risk?
Thoughts appreciated
If the dealer is going to push it out to auction rather than prepare it and put it on the forecourt, then I suspect that he is only interested in getting back as much of the trade-in as he can. I'd wager that he'd be likely to jump at a cash offer rather than have the hassle. Of course, he may prefer your neighbour to sell it you instead and take the cash from your neighbour thereby absolving himself of all responsibility for it.
Why dont you offer your a neighbour a bit more money than the dealer is offering in PX.
If the price is a true trade value, you will still be getting the car for far better value than you could anywhere else.
I would have thought £2-300 extra would be enough for him to make the effort to get his original deal revised.
He gets a few £ more and you get an excellent value for money car. Win win.
If the price is a true trade value, you will still be getting the car for far better value than you could anywhere else.
I would have thought £2-300 extra would be enough for him to make the effort to get his original deal revised.
He gets a few £ more and you get an excellent value for money car. Win win.
If the Dealer is going to send the Audi to auction, then I would expect removing the part ex for the equivalent cash value shouldn't cause a problem. May even be more attractive as it removes some of the aggro/risk for the dealer of putting it through the auction.
However,when I part ex'd my focus (6 yrs old & 16k miles)for the RRS, they told me the focus would go to a Ford Dealer in the group, as they were JLR only, and they'd get a valuation from that Dealer.
Popped into the Dealer's a week after completing the deal, and my focus was in the car park and spotlessly clean, was filthy when I part ex'd.
Asked the salesman, why the focus was still in the car park and hadn't gone to the other dealer yet. He replied 'Well it's such a good example with low mileage, one of the fellas here had it for his wife'!
Typical Salesman, he didn't seem that impressed with it when he agreed the part ex value, though I was happy with the original valuation.
However,when I part ex'd my focus (6 yrs old & 16k miles)for the RRS, they told me the focus would go to a Ford Dealer in the group, as they were JLR only, and they'd get a valuation from that Dealer.
Popped into the Dealer's a week after completing the deal, and my focus was in the car park and spotlessly clean, was filthy when I part ex'd.
Asked the salesman, why the focus was still in the car park and hadn't gone to the other dealer yet. He replied 'Well it's such a good example with low mileage, one of the fellas here had it for his wife'!
Typical Salesman, he didn't seem that impressed with it when he agreed the part ex value, though I was happy with the original valuation.
I suspect your neighbour has been sold his new car with the Audi in the deal and believes that the Audi is making the deal sweeter for him, I would offer him a little more for the car and suggest politely that the dealer may offer him a better deal if he goes with cash. The idea of not having a PX but cash is punted by WBAC.com as one of the reasons to use them and not to PX so it isn't a secret that lots of dealers prefer cash unless they need the stock.
hornetrider said:
Can you ask the neighbour to ask the dealer if he would take the cash value of the part-ex instead of the car whilst maintaining the same deal?
This.Or simply call the dealer and say you have Audi TT Reg ... coming in part ex this Friday and you'd like to buy it Friday and drive it home - and will offer Part ex price + £200...
grgrgray said:
Maybe he doesn't want the hassle of issues with a neighbour after a car he sold them goes wrong possibly. Or he knows that their are things that need fixing?? just a thought.
Indeed a possibility which hadn't occured to me! Not that I would hound him if there was - quite prepared to buy as seen.For everyone else, thanks for your advice...it's all pretty much along the lines I was thinking. Too late for him to re-negotiate his deal I'd think, it's all very much tied up from the sounds of it.
I simpy wanted to give him the PeX value in cash and be done with it... I'll give him a gentle try again this evening, if that fails I'll try a direct approach to the dealer.
Finally, anyone in the know trade-price-wise...Y reg, 84k, FSH (not all Audi) usual minor chips at front end but unmarked paint, decent tyres, new brakes F&R, interior Alcantara/leather in good cond' £4.2k?
Wife had one when they first came out - problem free. Any weak points to look for at this age/mileage?
Thanks again all
Not sure what problem your neighbour has with this but I did the same thing a few years ago.
Agreed to part ex an Audi A3 against an A4. Dealer offered us £3k for the A3. Family member expressed an interest in the A3 so I sold it to them for the same amount (I'm nice like that). A quick call to the dealer and he was more than happy to save the hassle of a part ex.
Agreed to part ex an Audi A3 against an A4. Dealer offered us £3k for the A3. Family member expressed an interest in the A3 so I sold it to them for the same amount (I'm nice like that). A quick call to the dealer and he was more than happy to save the hassle of a part ex.
jac-in-a-box said:
grgrgray said:
Maybe he doesn't want the hassle of issues with a neighbour after a car he sold them goes wrong possibly. Or he knows that their are things that need fixing?? just a thought.
Indeed a possibility which hadn't occured to me! Not that I would hound him if there was - quite prepared to buy as seen.For everyone else, thanks for your advice...it's all pretty much along the lines I was thinking. Too late for him to re-negotiate his deal I'd think, it's all very much tied up from the sounds of it.
I simpy wanted to give him the PeX value in cash and be done with it... I'll give him a gentle try again this evening, if that fails I'll try a direct approach to the dealer.
Finally, anyone in the know trade-price-wise...Y reg, 84k, FSH (not all Audi) usual minor chips at front end but unmarked paint, decent tyres, new brakes F&R, interior Alcantara/leather in good cond' £4.2k?
Wife had one when they first came out - problem free. Any weak points to look for at this age/mileage?
Thanks again all
edo said:
Why so desperate to buy an 84,000 mile first off the line 10 year old TT? Is it a 225?
I wouldn't say desperate! For a tidy, seemingly well looked after car, driven lightly by a middle aged woman - rather than boy-racer things, I thought the price was attractive. You think otherwise?And yes, 225. Look forward to being enlightened
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