Main Dealer Purchase - how is the market?
Main Dealer Purchase - how is the market?
Author
Discussion

Irish

Original Poster:

3,991 posts

268 months

Monday 19th September 2011
quotequote all
Evening folks.

Planning on picking up a car for my parents (cheaper here). Looking at a £15k 57/08 plate purchase (Avantgarde E-Class)

So, how is the market. Is cash king (will be a cash purchase). What short of discount should I be looking to get - if any.

Yes, I know it is finger in the air stuff but it is some time since I crossed the threshold of a main dealer.

Oh, do the big dealer groups have montly targets and will walking in at the last day of September give leverage?

amg master

625 posts

224 months

Monday 19th September 2011
quotequote all
Irish said:
Evening folks.

Planning on picking up a car for my parents (cheaper here). Looking at a £15k 57/08 plate purchase (Avantgarde E-Class)

So, how is the market. Is cash king (will be a cash purchase). What short of discount should I be looking to get - if any.

Yes, I know it is finger in the air stuff but it is some time since I crossed the threshold of a main dealer.

Oh, do the big dealer groups have montly targets and will walking in at the last day of September give leverage?
the last day of the month would probably be to late to get the deal your best bet if you have seen a car go in and speak with a salesman and ask them what deal they could do.they might not knock much off first but they might give you a ring a week later and say if we can get the price near to what you want would you do the deal.mb direct always seem up for a deal.


anonymous-user

83 months

Tuesday 20th September 2011
quotequote all
Irish said:
Planning on picking up a car for my parents (cheaper here). Looking at a £15k 57/08 plate purchase (Avantgarde E-Class)
Typical, just agreed a deal yesterday and am trading in my very nice 2008 E Class Avantgarde this week, would have gladly taken £15k!

I found that discounts available varied wildly from dealer to dealer, I've got IMO a pretty low trade-in offer, but I'd called various dealers around the country and it is still the best of the lot, by miles. That said, I'm getting a stonking great deal on my new car, they wouldn't budge on sticker price, but it was the lowest priced in the country already, again by miles, so a degree of realism is required - you won't necessarily get a huge discount if the car is already very well priced.

In short, look at lots of cars, if there's quite a few around at roughly the same price then phone about a few of them as all of the dealers will have different margins, and may or may not have exceeded their target for this quarter already.

It seems a funny market right now, but having no trade in should put you in a great position as the feeling I got is that most dealers wanted to sell me a car, but not take mine on their books in return, most suggested I sell privately.

anonymous-user

83 months

Tuesday 20th September 2011
quotequote all
amg master said:
mb direct always seem up for a deal.
Not as much as they were a couple of years back. I was dealing with a chap at their Manchester branch who was trying to source a car in the spec I wanted and he repeatedly dropped into conversation that the cars were already priced to go and whilst he'd try to get me a discount it would be in the few hundreds at best, not thousands.

amg master

625 posts

224 months

Tuesday 20th September 2011
quotequote all
yellowbentines said:
amg master said:
mb direct always seem up for a deal.
Not as much as they were a couple of years back. I was dealing with a chap at their Manchester branch who was trying to source a car in the spec I wanted and he repeatedly dropped into conversation that the cars were already priced to go and whilst he'd try to get me a discount it would be in the few hundreds at best, not thousands.
i must have caught them at a good time, a couple of days before the new year they had a b200cdi with leather command auto heated seats fully specced 10 plate owned by mb uk that was up for 22k got it for 19k and got good money for the b180cdi that we traded in which had a few dents to say the leastbiggrin. plus we got the extra 1 year warranty so nearly 4 years in total.there dont seem to be to many out there with leather and command auto for less than 20k now.

Deva Link

26,934 posts

274 months

Tuesday 20th September 2011
quotequote all
yellowbentines said:
Not as much as they were a couple of years back. I was dealing with a chap at their Manchester branch who was trying to source a car in the spec I wanted and he repeatedly dropped into conversation that the cars were already priced to go and whilst he'd try to get me a discount it would be in the few hundreds at best, not thousands.
They do move the cars through very fast so they know what they're worth and, to be honest, that approach 'looking for a car in the spec you want' is never going to get you a deal as they'll feel they have you over a barrel if they find the right car.


anonymous-user

83 months

Wednesday 21st September 2011
quotequote all
Deva Link said:
that approach 'looking for a car in the spec you want' is never going to get you a deal as they'll feel they have you over a barrel if they find the right car.
True, but I called MB direct about a specific car, it had just been sold, so I was then called back every couple of days offering me other cars that I didn't want - usually cars I know they'd be wanting rid of, bright red Mercs with petrol engines, no COMAND, no leather etc!

The sales exec seemed a bit puzzled why I kept saying no so I had no option but to tell him I wanted a very specific spec, I did say I'd consider moving on spec if he could move on price which is when I got the chat about all of their cars being very well priced to sell already.

The way I looked at it was that if I wasn't getting a great deal I may as well hold out for a very good spec - which is what I did just this week through another dealer!

Deva Link

26,934 posts

274 months

Wednesday 21st September 2011
quotequote all
yellowbentines said:
True, but I called MB direct about a specific car, it had just been sold, so I was then called back every couple of days offering me other cars that I didn't want - usually cars I know they'd be wanting rid of, bright red Mercs with petrol engines, no COMAND, no leather etc!
Ah! That's exactly what happened to me - except I bought the red one. smile

I'd gone for a C220 but that had just sold so the sales guy steered me towards a burgundy C270 which was an ex-MB management car so very well equipped. I've always chosen red or blue for company cars in the past so the red didn't bother me, but I told the salesman it did. The car has light grey leather which I much prefer to the more usual black. I also said I didn't really want the C270 due to extra insurance, servicing and lower MPG (none of those are true - it's just the same a C220 but sounds nicer).

I got probably the only deal I've ever had buying a car where I felt totally happy about it afterwards.

pollawyn

175 posts

208 months

Saturday 24th September 2011
quotequote all
I have a Jan 2007 E class 2.8 CDi Avantgarde which I could sell. 26,000 miles, recent service and new tyres, COMAND satnav and hands free phone wiring. Metallic blue with black leather. Reversing sensors. Very good condition. Any interest contact me.

gizlaroc

17,251 posts

253 months

Wednesday 28th September 2011
quotequote all
Used market is on its arse, however, dealers are still full of stock that they paid far too much for, give it another month and we will see some serious deals coming through.

They will have to do something as the contract hire deals are bordering on rude at the minute, so they need to have some incentive to buy a used car.






richarda0109

313 posts

194 months

Thursday 29th September 2011
quotequote all
Totally agree with gizlaroc
Tested the water this week with a number of main dealers and also larger non merc dealers. None of them were budging in terms of a cash deal. Cant see it lasting for long as more and more stock is added each week something has to give.

Rgds
Richard

Buster73

5,608 posts

182 months

Thursday 29th September 2011
quotequote all
One car I was looking at dropped £4 k overnight , nearly 10%

What does that tell you ?

eldar

25,241 posts

225 months

Thursday 29th September 2011
quotequote all
Buster73 said:
One car I was looking at dropped £4 k overnight , nearly 10%

What does that tell you ?
Wait 10 days, they'll pay you to take it away?

amg master

625 posts

224 months

Thursday 29th September 2011
quotequote all
i was talking to 2 mercedes benz dealers today and both said they have had one of the best september's ever 4 new and used.
they were saying that they cannot get enough new cars.

anonymous-user

83 months

Thursday 29th September 2011
quotequote all
eldar said:
Wait 10 days, they'll pay you to take it away?
It says to me they want rid before the month/quarter end. Wait 10 days and someone else may have gone in and negotiated a great deal, or they're into a new period & won't be as keen to reduce it further.

Deva Link

26,934 posts

274 months

Friday 30th September 2011
quotequote all
amg master said:
i was talking to 2 mercedes benz dealers today and both said they have had one of the best september's ever 4 new and used.
they were saying that they cannot get enough new cars.
OK, I notice MB's because I've got one, but I've done two trips to the South East this week and the number of new MBs I've seen is staggering.

The other car I noticed a lot of, which stands out from previous models due to its striking rear lights, is the new Focus.