Used Car Dealers

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ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
I have been looking for a car for a few weeks now and the 2 that i have seen match what we are looking for. But the dealers are not willing to negotiate on price. Seems that cash is not king no more

Are the margins that tight on used cars that the sticker price is the final price.

ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
300bhp/ton said:
ThePlanner said:
I have been looking for a car for a few weeks now and the 2 that i have seen match what we are looking for. But the dealers are not willing to negotiate on price. Seems that cash is not king no more

Are the margins that tight on used cars that the sticker price is the final price.
What type of traders? What sort of prices. How keenly are they priced anyhow?

The answer to your question is; yes, no, maybe, sometimes, not at all wink

i.e. it really depends on the specifics, not the generalisations. smile
Main Dealer.

Car Value 9000 I am looking at an impreza Auto for my wife. We don't have trade in

The car has been listed by them for over 13 weeks and they are not willing to budge on price. Shame really but there are not many of them about.

ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
daemon said:
ThePlanner said:
I have been looking for a car for a few weeks now and the 2 that i have seen match what we are looking for. But the dealers are not willing to negotiate on price. Seems that cash is not king no more

Are the margins that tight on used cars that the sticker price is the final price.
Chances are you've only went to the dealer because you know already he is the cheapest. What makes you think he has even more ££££'s to give away?

Margins are VERY tight on used cars these days. Good used stock is hard to come by. I only trade part time these days but i would honestly say that a good car is harder to find than a customer so i'm certainly not going to give a car away thats taken me 5 weeks to source.
This was a trade in car not a car sourced specifically by the dealer. I am in no rush, but would like a smaller car for the other half rather than driving round is a big 4x4.

unfortunately the AWD is a must and is the most important thing. So no little family hatch would be suitable.

ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
daemon said:
If the price is right compared to others why do you need a discount to buy it? If he priced it at £9,500 he could have knocked £500 off?
He wouldn't take £50 off, so i will play a waiting game to see when others come available. The car is 2008/09

ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
daemon said:
PGNTuscan said:
Dealer is a fool and at 13 weeks he should be looking to get out of that car.
Have you any evidence to back that up or are you yet another internet expert who knows how to run a motor trade business better than the motor trade?
I am no expert but looked at the car when i was back in the UK in July and i am now traveling back from working overseas and the car is still available. Why am i not surprised by the sarcastic remarks.

The car may be rare but it is not one would typically go for due to the higher perceived running costs. and it being more 3000 more than cars that fall in the 5 door family hatch category

Edited by ThePlanner on Thursday 10th October 17:13

ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
daemon said:
You asked a civil question and you have got civil answers. The motor trade has changed and theres little wiggle room any more for throwing £££'s off.

However i take exception to the dealer being called a fool.

If the car is priced right, then why should he discount it?

Realistically its coming into the very time where interest will rise in a car like that, just as sure as interest rises in a convertible at easter time.

Whats your issue? Have you not enough money to buy it or do you just begrudge paying the price being asked?
I have the money, but i do not want to part with in my opinion more than the car is worth. especially when a Golf R32 is not much more money, neither is a nice specced A3 Quattro.

I have spoken to my local dealer, and he said that they would never source that car on the basis they are so hard to sell.


ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
daemon said:
Yes, subarus are rare and hold their money. There is a certain clientelle for them. You cant compare them against a VW or an Audi as it simply wont stack up.

Just because you view it as being worth ££££'s less than a VW doesnt mean thats what its worth.

And yes you wouldnt normally go out of your way to stock one, however its the odd ball stuff theres money at. Chances are the dealer is happy enough to have it sitting there and will take his chances when the winter sets in that he'll find a customer.

I had a look round there and any 08 autos that are avail (2) are around the same price, so it sounds like its priced right.
I am inclined to take the advice on the car value from my local Subaru dealer. After him selling us 4 cars over the past 7 years. He has advised that an Non Turbo Auto is one of the hardest ones to sell and in his opinion the dealer is an idiot for not getting shot when he has the chance.

Just because there are 2 cars listed on Auto trader does not mean thats the value of the car.

ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
charltjr said:
Not necessarily saying he's wrong but it's hardly in your Subaru dealer's interests to tell you it's a fair price and you should pay it. That would rather bugger their chances of selling you a fifth car any time soon surely?
Not really he is a good mate and coincidently works at a Subaru main dealer. Depends what his motives are when selling me a car, screwing me over for all the money he can get out of me?

Wife needs something until i can bring my car back from overseas, currently drive a WRX STI Auto. In The UK we have a Tribeca, but its a bit to thirsty on petrol.

ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
Wills2 said:
ThePlanner said:
He wouldn't take £50 off, so i will play a waiting game to see when others come available. The car is 2008/09
Would you have bought it if he had?

No but i asked him to see if he would drop it by 50 and i got my answer. I have a figure in my head that i am willing to pay, but i am happy to take my chances and see what comes up in the future.

ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
andymc said:
ThePlanner said:
Wills2 said:
ThePlanner said:
He wouldn't take £50 off, so i will play a waiting game to see when others come available. The car is 2008/09
Would you have bought it if he had?

No but i asked him to see if he would drop it by 50 and i got my answer. I have a figure in my head that i am willing to pay, but i am happy to take my chances and see what comes up in the future.
so you wasted his time by asking for the money off if you had no intention of buying, life would be so much easier if the price was fixed, if you like the price you buy, if you don't you don't, car sales seems to be the only occupation where everyone is an expert
Didnt waste his time at all. so by asking for 50 quid off is wasting 30 seconds of his time.

Wow PH seems to have turned in a set of keyboard monkeys defending car dealers now.

ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
PGNTuscan,

what you saying is true. Our search has widened and now looking at a couple of Evos instead of the Impreza. Some car dealers including the ones on here need to realise that cars are only worth what a punter will pay. Doesnt matter what other dealers have or what they list them for. dealers could be in different areas of the country.

Listing a niche car in certain areas will attract a lot of custom but in other next to non.

When i got my XC90 i paid a little over 8000 for it, but economics at the time the dealer wanted shot of it and made loss. But it made space on his forecourt where he sold 2 cars in a month where the XC90 was stood for 6 weeks earning him no money and taking up space.



ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
daemon said:
ThePlanner said:
Some car dealers including the ones on here need to realise that cars are only worth what a punter will pay. Doesnt matter what other dealers have or what they list them for. dealers could be in different areas of the country.
YOU werent prepared to pay it. Doesnt mean someone else wont. The dealer is the 'expert' here. Not you.

Your pride has been dented because you didnt get 'a deal'. Doesnt make them wrong and you right.

ThePlanner said:
When i got my XC90 i paid a little over 8000 for it, but economics at the time the dealer wanted shot of it and made loss. But it made space on his forecourt where he sold 2 cars in a month where the XC90 was stood for 6 weeks earning him no money and taking up space.
And that was that dealers perrogative based on THEIR business at THAT time. Doesnt mean doing the same thing for THAT Subaru was right for THAT dealer at THAT time.
If the dealer was an expert he would not have stock for 13 weeks

ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
oldnbold said:
ThePlanner said:
If the dealer was an expert he would not have stock for 13 weeks
How long should he have a car in stock for?
So having a car for 13 weeks is earning the dealership money? Every week it costs in overheads storage insurance etc. while also taking space of a more mainstream variant of the car. But what do I know? But in my opinion it's not a way to run a business

ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
I would not expect a discount at a car supermarket as they make there money in high turn over. At best I would expect not to pay the £99 admin fee

But I would never buy from there as I would not buy a eurobox

ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
daemon said:
ThePlanner said:
I would not expect a discount at a car supermarket as they make there money in high turn over. At best I would expect not to pay the £99 admin fee

But I would never buy from there as I would not buy a eurobox
???????????????

And therein lies the problem - your perceptions.

Car supermarkets are rarely much cheaper than a mainstream dealer but a mainstream dealer can generally be talked to a bit on the price.

But its your PERCEPTION they are cheap, in the same way as its your PERCEPTION that the subaru dealer should have given you money off.
I never said they were cheap. They make there money on large volume sales.

Main dealer prices for Subaru are generally 10-15% hire than private or non-franchise. So they should have room to negotiate. If they made a loss on trade in for last car then that's not my problem. If that's the game they want to okay then so be it.

But some Subaru dealers only have themselves to blame for poor sales

ThePlanner

Original Poster:

5,252 posts

269 months

Thursday 10th October 2013
quotequote all
Jazzer77 said:
ThePlanner said:
If the dealer was an expert he would not have stock for 13 weeks
It could be standing him £5k though, in that case he is an expert who is holding for the first frost on the ground.
£5k on a 9k car

ThePlanner

Original Poster:

5,252 posts

269 months

Friday 11th October 2013
quotequote all
oldnbold said:
daemon said:
steve singh said:
There is one fool though - the person who thought the price differential being private and main dealer was all profit!!!
You mean the O/P then?
Agreed, that one short post spoke a thousand words. laugh
So i am the fool. Yep but why do many people hate car dealers. Think you dealers need to take a look at your selves why people rank you along estate agents, Tax inspectors, etc

But found another Car just been traded in at another dealer in the midland. picking it up next week for lower price even factoring in driving to see it today and driving back to pick it up next week. Same age, same colour, 2000 more miles. So i must be the fool for sticking to my guns thinking that the car was over priced.

25 years in the trade and you come across on here that you treat the punter with complete disrespect.

ThePlanner

Original Poster:

5,252 posts

269 months

Friday 11th October 2013
quotequote all
Fast Bug said:
oldnbold said:
ThePlanner said:
25 years in the trade and you come across on here that you treat the punter with complete disrespect.
Respect works both ways chap.

I always treat people with the utmost respect - until they give me reason to do otherwise. Incidently I didn't spend 25 years in the trade, I just did it as a stop gap for 3 years, and then was fortunate enough to be able to retire last year at 52.

Your the one who came on here posting what a fool the dealer was for not giving a discount. You had no idea what his motive or situation with the car was, and through out this thread you appear not to have taken in a single word that has been said to explain possible scenarios for his reluctance to discount, indeed situations that all motor trade businesses find themselves in from time to time.

I've always found that if you treat people with respect you normally get it back.

You should try it sometime.
Well that just saved my typing out a reply biggrin
I came here asking for inside info on margins are car that tight on used cars. I did not waste any of the dealers time on the car didnt even go out for a test drive. I am simple i dont do bullst and i can not stand sales bks.

But you have reminded me why i stopped post on PH many years ago.

ThePlanner

Original Poster:

5,252 posts

269 months

Friday 11th October 2013
quotequote all
DickHerpes said:
ThePlanner said:
But you have reminded me why i stopped post on PH many years ago.
Because you're a fking moron who doesn't know what he's talking about?
Don't I . Wow insulting people over the internet. Mr tough man.

Like I give a st what u say.

Secondly asking a question about the motor trade implies I don't know the inner working of the industry. So I did not say I knew what I was talking about.

Edited by ThePlanner on Friday 11th October 19:07

ThePlanner

Original Poster:

5,252 posts

269 months

Friday 11th October 2013
quotequote all
Daemon, I think we will have to agree to disagree on opinions.

Yes you did offer some advice but from page 2 I descended into a verbal insult an giants me and a few other posters. The info you provided for reason why the dealer may want to hold out we're valid and fine I accept that.

At the end of the day found another car same spec for a price I was happy to pay. So I managed to find something after a 3 month search