Used Fiesta ST3 dealer discount?

Used Fiesta ST3 dealer discount?

Author
Discussion

thenortherner

Original Poster:

1,502 posts

163 months

Thursday 25th May 2017
quotequote all
I'm interested in a 12 month old Fiesta ST3 with fewer than 10k miles. By the looks of things one can be had for around £14k.

Given the model is no longer in production and there's no shortage up for sale, what would you be expecting to pay?

Thanks

sgtbash

702 posts

136 months

Thursday 25th May 2017
quotequote all
Id sell you my 6 month old ST3 with 7k miles for that!

Zetec-S

5,874 posts

93 months

Thursday 25th May 2017
quotequote all
£12-13k , especially if you were to stretch your criteria slightly (so maybe 18 months, 15k miles)

thenortherner

Original Poster:

1,502 posts

163 months

Thursday 25th May 2017
quotequote all
Thanks,

Will see what dealers offer in PX for what I've got and go from there.

Target price for something around 12 months old and <12K miles is £13K ish...

timberman

1,284 posts

215 months

Thursday 25th May 2017
quotequote all

I just sold my 1 year old ST3 with 6000 miles on to evans halshaw for nearly £13,000,

prices on the forecourt for similar are on average 14.5 to 15k
I think you'd be doing well to pick one up with under 10,000 miles for less than £14,000

Zetec-S

5,874 posts

93 months

blade7

11,311 posts

216 months

Friday 26th May 2017
quotequote all
Can you still order a brand new one through Drive the Deal ?

BlueFiestaST

9,079 posts

165 months

Friday 26th May 2017
quotequote all
Production has been stopped.

Youd get a bargain privately.

I got a money4yourmotors and evanshalshaw quote for mine.

14 plate ST3. 22k miles.
£9000.

Lost quite a bit since last August when I bought it at £12500 rolleyes

There are that many out there you'd have a choice. Has to be blue tho :P

IanCress

4,409 posts

166 months

Friday 26th May 2017
quotequote all
BlueFiestaST said:
Production has been stopped.

Youd get a bargain privately.

I got a money4yourmotors and evanshalshaw quote for mine.

14 plate ST3. 22k miles.
£9000.

Lost quite a bit since last August when I bought it at £12500 rolleyes

There are that many out there you'd have a choice. Has to be blue tho :P
I'd say that's in line with normal depreciation. Your car is (almost) a year older, with more miles. Don't forget a dealer needs to cover costs and make a profit - even you valued the car on the day you bought it, it wouldn't have been £12.5k, more like £10k.

thenortherner

Original Poster:

1,502 posts

163 months

Friday 26th May 2017
quotequote all
Bristol Street Motors seems to have the best deals at the moment.

Looking around £13K for year old sub 10K mile cars.

Awaiting a call back ref. a cost to change. They've already basically said there's not going to be much movement in the car at £13K. Depends on how much they offer in PX I guess.

thenortherner

Original Poster:

1,502 posts

163 months

Friday 26th May 2017
quotequote all
Looks like I'll be selling privately.. they offered £4.3K for mine. We're at least £1.5K adrift for a cost to change on where I'd want to be.

daemon

35,822 posts

197 months

Friday 26th May 2017
quotequote all
thenortherner said:
Looks like I'll be selling privately.. they offered £4.3K for mine. We're at least £1.5K adrift for a cost to change on where I'd want to be.
Have you tried some of the online buyers? Might get a better price?

daemon

35,822 posts

197 months

Friday 26th May 2017
quotequote all
thenortherner said:
Looks like I'll be selling privately.. they offered £4.3K for mine. We're at least £1.5K adrift for a cost to change on where I'd want to be.
When you say "they" - do you mean the people with the £14K one?

Surely its then only a matter of going and buying one at £12.5K and you're £1.5K adrift problem goes away?

BlueFiestaST

9,079 posts

165 months

Friday 26th May 2017
quotequote all
IanCress said:
I'd say that's in line with normal depreciation. Your car is (almost) a year older, with more miles. Don't forget a dealer needs to cover costs and make a profit - even you valued the car on the day you bought it, it wouldn't have been £12.5k, more like £10k.
I bought the car at 11,700 miles and it was just over 2 years old.
So £12,500 for a car which was maybe £17,000 brand new? I didn't think was too bad.

I'd obviously get more privately than selling to trade but a lot of people have had trouble shifting them privately.

Maybe the private market will pick up once Ford don't have brand new ones which they can let people lease for £200 a month with a silly deposit.
Hopefully that will be the case and value tighten up smile

thenortherner

Original Poster:

1,502 posts

163 months

Friday 26th May 2017
quotequote all
daemon said:
thenortherner said:
Looks like I'll be selling privately.. they offered £4.3K for mine. We're at least £1.5K adrift for a cost to change on where I'd want to be.
When you say "they" - do you mean the people with the £14K one?

Surely its then only a matter of going and buying one at £12.5K and you're £1.5K adrift problem goes away?
I guess that's one way of looking at it, but not one I'd share.

The car I got the PX value against is up for £13.4K and it's just under a year old with 6K miles.

But when I'm confident I can at least close a chunk of the gap by selling privately, and still buy a car at £13.4K, why would I chose otherwise? Doesn't seem to make a lot of sense to downgrade what I'm looking for in exchange for a low PX value. And by gap, what I'm referring to is the difference between the PX value and what I think I could get privately.

A bit of patience when it comes to selling the car, maybe a month or two or whatever, will see me get what I I'm after with a cost to change at between £1-2K less...

daemon

35,822 posts

197 months

Friday 26th May 2017
quotequote all
thenortherner said:
daemon said:
thenortherner said:
Looks like I'll be selling privately.. they offered £4.3K for mine. We're at least £1.5K adrift for a cost to change on where I'd want to be.
When you say "they" - do you mean the people with the £14K one?

Surely its then only a matter of going and buying one at £12.5K and you're £1.5K adrift problem goes away?
I guess that's one way of looking at it, but not one I'd share.

The car I got the PX value against is up for £13.4K and it's just under a year old with 6K miles.

But when I'm confident I can at least close a chunk of the gap by selling privately, and still buy a car at £13.4K, why would I chose otherwise? Doesn't seem to make a lot of sense to downgrade what I'm looking for in exchange for a low PX value. And by gap, what I'm referring to is the difference between the PX value and what I think I could get privately.

A bit of patience when it comes to selling the car, maybe a month or two or whatever, will see me get what I I'm after with a cost to change at between £1-2K less...
oh aye. It was a little bit of a tongue in cheek comment with maybe a bit of justifiable man maths thrown in wink

If you're in no rush yes stick it on line and sell it privately. I sold two cars recently privately and neither would have been retailable dealer stock for a VW dealer so i'd have got offered buttons for them via a trade in. Meant i could go and hammer out a straight sale price which makes it easier to see the wood from the trees.


thenortherner

Original Poster:

1,502 posts

163 months

Friday 26th May 2017
quotequote all
No problem,

Going to write the ad. tomorrow and take it from there.

daemon

35,822 posts

197 months

Friday 26th May 2017
quotequote all
thenortherner said:
No problem,

Going to write the ad. tomorrow and take it from there.
Maybe preaching to the converted here, but the general consensus is that Autotrader seems to be worth the financial effort, and that the market is very price sensitive so unless its priced accordingly the phone isnt going to ring.

On the plus side, if the phone rings it means that its because the price is right, so if you get a potential customer out you shouldnt have to move much on price to get them over the line.

thenortherner

Original Poster:

1,502 posts

163 months

Monday 29th May 2017
quotequote all
I'd forgotten how deflating it is buying a new/nearly new car. I saw 4 over the weekend across a few dealers.

Most were 16 plates with 1-8K miles.

The dealer in Wilmslow were beyond rude. I nearly didn't view the car after the first phone call, whereby the salesman was clearly getting irked when I declined interest in the wheels insurance, gap insurance (I'd already told him I was a cash buyer) - he raised his voice when I refused the tyre insurance. Presumably with each time I declined interest in something he could see commission slipping away with each "no". The car wasn't prepped, which I didn't mind as it's at least an honest example, but every panel felt like sandpaper, and there far too many marks for a car of its age. On pointing one out to the salesman, which was deep enough to get a fingernail in, he responded by wetting his finger and rubbing (grit) vigourously into the mark in an attempt to prove it'll come out. Upon him asking what it'd take for me to buy the car, he spoke to his boss in front of me, declined and followed up with 'go buy from elsewhere'. I was pretty stunned at how bad they were. I wasn't even offered a seat upon entering the place, instead being literally ushered out of the door to see a car covered in bird sh*t and 12 months worth of dirt, and general aggression and rudeness to run of the mill questions. I know the dealer's in a nice bit of the world and perhaps they're used to people coming in, paying up and disappearing.

Then on to Birmingham. The dealer was friendly enough and the car was unmarked on the outside. All was promising. Until we open the door to find glass fragments in the sill. The car had likely had its window put through - presumably whilst on the forecourt, a main road in the centre - which wasn't the end of the world. However the door had clearly been opened and closed numerous times with the glass fragments in the sill as there was deep pitting to the paint in the sill and around the seal. The dealer claimed to be unaware of the glass and break in until I pointed it out to them. Who knows.

They had another example with less than 2K miles. This one had a deep scrape to the skirt and surface scuffs on the sills from somebody who presumably wore heels. It was up at £14K and they wouldn't budge a penny.

Then on to another dealer but the car had sold when I got there. They did offer a brand new ST-3 for £17K though and 0% finance, and that's without trying.

I had a quick view around one at a dealer this evening, 5 mins before they were closing, again it's up for £14K with 5K miles. This'll sound daft, but it had wind deflectors on, and perhaps I'd stereotypically thought it'd been owned by an 18 year old and wheelspun the last 5K miles from every traffic light. That said, the front tyres are originally and don't appear to be short of tread.

What struck me with just about every car I viewed is how people have allowed so much damage to occur to a year old car. Does nobody care anymore or take pride in looking after what is, at the end of the day, a lot of money for a single purchase?

I'm starting to think a pre-reg/new one is the way to go, and get my personal loan extended. There are new ones out there for around the £16K mark...

daemon

35,822 posts

197 months

Tuesday 30th May 2017
quotequote all
thenortherner said:
I'd forgotten how deflating it is buying a new/nearly new car. I saw 4 over the weekend across a few dealers.

Most were 16 plates with 1-8K miles.

The dealer in Wilmslow were beyond rude. I nearly didn't view the car after the first phone call, whereby the salesman was clearly getting irked when I declined interest in the wheels insurance, gap insurance (I'd already told him I was a cash buyer) - he raised his voice when I refused the tyre insurance. Presumably with each time I declined interest in something he could see commission slipping away with each "no". The car wasn't prepped, which I didn't mind as it's at least an honest example, but every panel felt like sandpaper, and there far too many marks for a car of its age. On pointing one out to the salesman, which was deep enough to get a fingernail in, he responded by wetting his finger and rubbing (grit) vigourously into the mark in an attempt to prove it'll come out. Upon him asking what it'd take for me to buy the car, he spoke to his boss in front of me, declined and followed up with 'go buy from elsewhere'. I was pretty stunned at how bad they were. I wasn't even offered a seat upon entering the place, instead being literally ushered out of the door to see a car covered in bird sh*t and 12 months worth of dirt, and general aggression and rudeness to run of the mill questions. I know the dealer's in a nice bit of the world and perhaps they're used to people coming in, paying up and disappearing.

Then on to Birmingham. The dealer was friendly enough and the car was unmarked on the outside. All was promising. Until we open the door to find glass fragments in the sill. The car had likely had its window put through - presumably whilst on the forecourt, a main road in the centre - which wasn't the end of the world. However the door had clearly been opened and closed numerous times with the glass fragments in the sill as there was deep pitting to the paint in the sill and around the seal. The dealer claimed to be unaware of the glass and break in until I pointed it out to them. Who knows.

They had another example with less than 2K miles. This one had a deep scrape to the skirt and surface scuffs on the sills from somebody who presumably wore heels. It was up at £14K and they wouldn't budge a penny.

Then on to another dealer but the car had sold when I got there. They did offer a brand new ST-3 for £17K though and 0% finance, and that's without trying.

I had a quick view around one at a dealer this evening, 5 mins before they were closing, again it's up for £14K with 5K miles. This'll sound daft, but it had wind deflectors on, and perhaps I'd stereotypically thought it'd been owned by an 18 year old and wheelspun the last 5K miles from every traffic light. That said, the front tyres are originally and don't appear to be short of tread.

What struck me with just about every car I viewed is how people have allowed so much damage to occur to a year old car. Does nobody care anymore or take pride in looking after what is, at the end of the day, a lot of money for a single purchase?

I'm starting to think a pre-reg/new one is the way to go, and get my personal loan extended. There are new ones out there for around the £16K mark...
Sadly a lot of people these days - irrespective of whether or not its an enthusiasts car - dont seem to take care of their cars.

If your budget will stretch to a new or pre-reg one its probably the way to go.