Would a kind trader like to do me a favour - car valuation
Would a kind trader like to do me a favour - car valuation
Author
Discussion

MagicalTrevor

Original Poster:

6,481 posts

259 months

Sunday 7th August 2011
quotequote all
I hope it's ok to ask this here?

I'm hoping to trade in my car and I'd like a fairly accurate idea of how much it would cost to trade in. I realise I can use Parkers or Glasses guide but they're often not quite accurate, I'm more than happy to pay for the services though (I'm not being a cheapskate!)

The car is as follows
  • 2009/09 120d M Sport 3-door Hatchback
  • 27000 miles
  • Titanium Silver  Metallic
  • Flashpoint Cloth/Sensatec Black
  • Maintenance Pack (22 months left)
  • Elec Fold Exterior Mirrors
  • Brushed Aluminium interior trim
  • Cruise control
  • Bluetooth phone prep
  • BMW Professional radio with single CD
  • Comfort package
 


Edited by MagicalTrevor on Sunday 7th August 17:55


Edited by MagicalTrevor on Sunday 7th August 17:56

Liquid Knight

15,754 posts

213 months

Sunday 7th August 2011
quotequote all
20% less if it has a "PH" sticker anywhere. hehe

I'll part exchange my Rover if you like. wink

MagicalTrevor

Original Poster:

6,481 posts

259 months

Sunday 7th August 2011
quotequote all
anonymous said:
[redacted]
Yep Doh!
I came straight back once I'd realised,

Dalto123

3,205 posts

193 months

Sunday 7th August 2011
quotequote all
is it the hatchback, coupe or convertile?

MagicalTrevor

Original Poster:

6,481 posts

259 months

Sunday 7th August 2011
quotequote all
Dalto123 said:
is it the hatchback, coupe or convertile?
I'm being a spaz, updated the spec smile

MagicalTrevor

Original Poster:

6,481 posts

259 months

Sunday 7th August 2011
quotequote all
anonymous said:
[redacted]
Ouch! It's on finance and we have the opportunity to hand it back after 15 months of ownership so that might be the best way.
This is why I'm asking about trading in btw.

Thanks

MagicalTrevor

Original Poster:

6,481 posts

259 months

Sunday 7th August 2011
quotequote all
anonymous said:
[redacted]
Thanks, that's why I was hoping for an accurate idea of what a dealer would consider 'fair and reasonable' so I can determine whether they're taking the piss or not. I realise they'll sting me whichever way but we can't be bothered selling privately as it's too much hassle.

philmots

4,666 posts

290 months

Sunday 7th August 2011
quotequote all
Surely it's got to be worth an advert on PH for 30days. Price it at say 1500 above your trade price and it may well be the cheapest on PH by a long shot and could easily find a buyer.

If you get a buyer you're a chunk up.

If not, well back to square one.

kentmotorcompany

2,471 posts

240 months

Sunday 7th August 2011
quotequote all
MagicalTrevor said:
I hope it's ok to ask this here?

I'm hoping to trade in my car and I'd like a fairly accurate idea of how much it would cost to trade in. I realise I can use Parkers or Glasses guide but they're often not quite accurate, I'm more than happy to pay for the services though (I'm not being a cheapskate!)

The car is as follows
  • 2009/09 120d M Sport 3-door Hatchback
  • 27000 miles
  • Titanium Silver  Metallic
  • Flashpoint Cloth/Sensatec Black
  • Maintenance Pack (22 months left)
  • Elec Fold Exterior Mirrors
  • Brushed Aluminium interior trim
  • Cruise control
  • Bluetooth phone prep
  • BMW Professional radio with single CD
  • Comfort package
 


Edited by MagicalTrevor on Sunday 7th August 17:55


Edited by MagicalTrevor on Sunday 7th August 17:56
If PH is to be believed there is no such thing as a "kind trader". As you asked so nicely I'll have a go.

Assuming Manual.

Glass's Guide give as near as makes no difference £14k trade. Although this is based on a five door, and I would still expect the figure you will be offered will be closer to £13k. My guide "book" does not give a value for the three door model (I guess the online versions might).
Personally I would pay about £1k less for a three door compared to five because I think I will be selling to a smaller market, although a main dealer may see it totally different to me, and pay much closer to book money, less any amount required to be spent on it.

All goes to show there is no such thing as an accurate valuation, just different peoples opinions.

Good luck with it.

What are you buying?



MagicalTrevor

Original Poster:

6,481 posts

259 months

Sunday 7th August 2011
quotequote all
Thank you KMC, that's very helpful. It appears that the values you've quoted maybe in-line with the finance remaining. I'm buying an Elise so the next difficulty is finding a specialist willing to trade.

The issue I have with a private sale is the hassle but also having to bother clearing the finance before being able to sell as I understand this to be a bit of a pain? Unless somebody can explain how it would work?

Thanks again everyone smile

uncinquesei

918 posts

207 months

Sunday 7th August 2011
quotequote all
Glasses for 3dr 120d Msport: Trade £13700 (actually £13767 with 27k) Retail £15675

MagicalTrevor

Original Poster:

6,481 posts

259 months

Sunday 7th August 2011
quotequote all
thumbup

uncinquesei said:
Glasses for 3dr 120d Msport: Trade £13700 (actually £13767 with 27k) Retail £15675

MagicalTrevor

Original Poster:

6,481 posts

259 months

Sunday 7th August 2011
quotequote all
anonymous said:
[redacted]
I realise that, I was thanking him for answering ... Not for the content of the answer wink