Insulting trade-in prices.
Insulting trade-in prices.
Author
Discussion

chili1

Original Poster:

434 posts

253 months

Sunday 26th December 2010
quotequote all
My father is looking to change his car. Its a 06 C180 Kompressor. 30k miles, FMBSH, auto in dark blue.
Looking at a 09 C class in independant garage advertised for 19k. Sales guy has a look at my fathers car, agrees its in an immaculate condition and goes to work out a part ex price. 5 mins later he comes back with an offer of £7250. I laugh and tell him to try again. Away he goes, comes back with a final offer of £7500 "take it or leave it".I've looked at glasses guide and his offer is way under book. Are glasses prices achievable in the current market? Any idea on what is a realistic trade in price for the above car?

Cheers

MJK 24

5,669 posts

252 months

Sunday 26th December 2010
quotequote all
If you're not happy, shop around elsewhere for another 'cost to change' or consider selling the current Merc privately and return to dealers armed with folding...

whoami

13,162 posts

256 months

Sunday 26th December 2010
quotequote all
What have you been offered elsewhere?

Berger

91 posts

218 months

Sunday 26th December 2010
quotequote all
It doesn't really matter what they give you on trade in, it matters what the total outlay is on the new car.

Ie the new cars costs 19k and they give you 9k for your car, leaving you 10k to pay.

Or you haggle the new car down to 17k, but they then only give you 7k as p/x.

Both leave you in the same situation.

chili1

Original Poster:

434 posts

253 months

Sunday 26th December 2010
quotequote all
Agree on the price to change - how I normally approach car buying. Unfortunately garage would not budge on the price of the new car. When I mentioned price to change his answer was take the price I've offered you off the screen price of the new car.
It is the first garage we've visited so will try other places. Just surprised at the low offer - maybe he just didn't want the car. I've said to the old man to try and sell it privately.

tim2100

6,287 posts

273 months

Sunday 26th December 2010
quotequote all
What do you expect!

It is a 5 year old base spec Merc. It is the equivalent to a 5 year old Mondeo.

Looking on Trader, there is one for £5500. £7k+ seems very generous for that car. Especially as a large sized small engined Petrol car isn't really going to be sort after.

confused_buyer

6,830 posts

197 months

Sunday 26th December 2010
quotequote all
I don't know what Glass's you're looking at but it looks £7500-£8000 to me basing it on Classic SE Auto.

A C180 isn't exactly a rare car so unless there is something special about it, it looks a fair price on the face of it.

spikeyhead

18,895 posts

213 months

Sunday 26th December 2010
quotequote all
confused_buyer said:
I don't know what Glass's you're looking at but it looks £7500-£8000 to me basing it on Classic SE Auto.

A C180 isn't exactly a rare car so unless there is something special about it, it looks a fair price on the face of it.
and if it hasn't got leather, or if the tyres need changing soon, or if there's a service due soon especially if it's a big one, then the price looks more than fair.

s3fella

10,524 posts

203 months

Sunday 26th December 2010
quotequote all
Send them an email.

carlingofblack

363 posts

180 months

Sunday 26th December 2010
quotequote all
A 180 komp will be more sought after than the thirsty V6 petrols but really how saleable it is depends on the options. A poverty spec Classic on base model wheels with cloth seats etc will be near impossible to shift for a decent profit whereas you have more hope with an Elegance or Sport/Avantgarde with rather more in the way of luxury. What spec do you have?

confused_buyer

6,830 posts

197 months

Sunday 26th December 2010
quotequote all
spikeyhead said:
confused_buyer said:
I don't know what Glass's you're looking at but it looks £7500-£8000 to me basing it on Classic SE Auto.

A C180 isn't exactly a rare car so unless there is something special about it, it looks a fair price on the face of it.
and if it hasn't got leather, or if the tyres need changing soon, or if there's a service due soon especially if it's a big one, then the price looks more than fair.
It is also at the end of the run for that model. The perceived "age" of a model makes a big difference to these sorts of cars, in the buyer's mind it is a 2001 car. Sounds odd but it is true. Same applies to BMW's - once the new model hits the used market at 2-3 years old late versions of the previous shape take a tumble.

Fox-

13,443 posts

262 months

Sunday 26th December 2010
quotequote all
tim2100 said:
What do you expect!

It is a 5 year old base spec Merc. It is the equivalent to a 5 year old Mondeo.
But he's trading it against a 2 year old base spec Merc. Which is the equivilent to a 2 year old Mondeo.

Yet it's still £19k...

playerone

872 posts

226 months

Sunday 26th December 2010
quotequote all
chili1 said:
My father is looking to change his car. Its a 06 C180 Kompressor. 30k miles, FMBSH, auto in dark blue.
Looking at a 09 C class in independant garage advertised for 19k. Sales guy has a look at my fathers car, agrees its in an immaculate condition and goes to work out a part ex price. 5 mins later he comes back with an offer of £7250. I laugh and tell him to try again. Away he goes, comes back with a final offer of £7500 "take it or leave it".I've looked at glasses guide and his offer is way under book. Are glasses prices achievable in the current market? Any idea on what is a realistic trade in price for the above car?

Cheers
There are cars retailing of that description at £7500.

You are being offered "way under book", you dont know what "is achievable in the current market" and you are asking "what is a realistic trade price?" yet you are insulted by the big bad car dealer?

Are you sure you are the best person to advise your father?

s3fella

10,524 posts

203 months

Sunday 26th December 2010
quotequote all
playerone said:
chili1 said:
My father is looking to change his car. Its a 06 C180 Kompressor. 30k miles, FMBSH, auto in dark blue.
Looking at a 09 C class in independant garage advertised for 19k. Sales guy has a look at my fathers car, agrees its in an immaculate condition and goes to work out a part ex price. 5 mins later he comes back with an offer of £7250. I laugh and tell him to try again. Away he goes, comes back with a final offer of £7500 "take it or leave it".I've looked at glasses guide and his offer is way under book. Are glasses prices achievable in the current market? Any idea on what is a realistic trade in price for the above car?

Cheers
There are cars retailing of that description at £7500.

You are being offered "way under book", you dont know what "is achievable in the current market" and you are asking "what is a realistic trade price?" yet you are insulted by the big bad car dealer?

Are you sure you are the best person to advise your father?
I hope OP remembers to get them to throw in Mats and Flaps on the new car too!

Deva Link

26,934 posts

261 months

Sunday 26th December 2010
quotequote all
chili1 said:
Looking at a 09 C class in independant garage advertised for 19k.
Why is such a recent Merc for sale at an independant garage?

If the service history isn't 100% then the Mercedes Mobilo coverage won't be valid.

playerone

872 posts

226 months

Sunday 26th December 2010
quotequote all
s3fella said:
playerone said:
chili1 said:
My father is looking to change his car. Its a 06 C180 Kompressor. 30k miles, FMBSH, auto in dark blue.
Looking at a 09 C class in independant garage advertised for 19k. Sales guy has a look at my fathers car, agrees its in an immaculate condition and goes to work out a part ex price. 5 mins later he comes back with an offer of £7250. I laugh and tell him to try again. Away he goes, comes back with a final offer of £7500 "take it or leave it".I've looked at glasses guide and his offer is way under book. Are glasses prices achievable in the current market? Any idea on what is a realistic trade in price for the above car?

Cheers
There are cars retailing of that description at £7500.

You are being offered "way under book", you dont know what "is achievable in the current market" and you are asking "what is a realistic trade price?" yet you are insulted by the big bad car dealer?

Are you sure you are the best person to advise your father?
I hope OP remembers to get them to throw in Mats and Flaps on the new car too!
He is one of those who looks under the bonnet and asks if the flux capacitor has been changed recently.....

dowahdiddyman

965 posts

227 months

Sunday 26th December 2010
quotequote all
Sounds like a case of `it`s a merc so must be worth a fortune` syndrome. Sorry but lower spec mercs fetch bugger-all except when new, and that`s only because the dealers know somebody will stump up because of the badge,same as low spec BMW`s.

Fox-

13,443 posts

262 months

Sunday 26th December 2010
quotequote all
dowahdiddyman said:
Sounds like a case of `it`s a merc so must be worth a fortune` syndrome. Sorry but lower spec mercs fetch bugger-all except when new
So why is the 2 year old one he's trying to buy nearly £20,000 then?

Ecurie Ecosse

4,812 posts

234 months

Sunday 26th December 2010
quotequote all
Glad to see the Christmas sprit is still with everyone.


chili1

Original Poster:

434 posts

253 months

Sunday 26th December 2010
quotequote all
Thanks for all the "witty" comments regarding my knowledge of cars and other assumptions!
My dad's car is an Avantgarde, service and 4 new tyres last month.
Yes I do think a bid of 7.5k against a 19k car is low. Very unusual to win in the used car market but I personally think that 11.5k to change for a 3 year younger same spec car is a lot.
Merc syndrome - this is his 4th Merc - he knows what they are - he's under no assumptions that he's buying into high end exoctica. Again, people like to make assumptions without adding anything useful.