no trade in discount

Author
Discussion

jonny996

Original Poster:

2,618 posts

218 months

Wednesday 20th July 2011
quotequote all
Without giving to much away, whats the thoughts on how much I should expect off the sticker price of a car with no trade in.

It is a large petrol 4x4, 6 year old and retailing at £16000. The sticker price is ball park with rest

Petrolize

324 posts

175 months

Wednesday 20th July 2011
quotequote all
I'd hope for upwards of 1k discount.

Thankyou4calling

10,607 posts

174 months

Wednesday 20th July 2011
quotequote all
Offer £10,500 and see what happens.

Kong

1,503 posts

172 months

Wednesday 20th July 2011
quotequote all
jonny996 said:
Without giving to much away..
Why the need for secrecy?

I don't think its makes a big difference if you don't have a trade-in. About a grand sounds reasonable but you never know, some dealers won't even shift by a penny.

daemon

35,843 posts

198 months

Wednesday 20th July 2011
quotequote all
How is the car priced compared to other dealers cars?

I'd rather have £10 off a car priced at £16,000 rather than £1500 off the same car at £18,000.


Skipraider

64 posts

166 months

Wednesday 20th July 2011
quotequote all
daemon said:
How is the car priced compared to other dealers cars?

I'd rather have £10 off a car priced at £16,000 rather than £1500 off the same car at £18,000.
I'm going to guess that the sticker price is ball park with rest :-P

kentmotorcompany

2,471 posts

211 months

Wednesday 20th July 2011
quotequote all
daemon said:
How is the car priced compared to other dealers cars?

I'd rather have £10 off a car priced at £16,000 rather than £1500 off the same car at £18,000.
^^This.

If the car is already cheap the dealer might be very confident in giving you nothing off, knowing full well he will sell it at full price to someone else. On the other hand the car you are looking at might be easily available at lots of dealers for similar or less money, then you should get a decent deal.

A grand off is very very rare nowadays in my experience.

LuS1fer

41,139 posts

246 months

Wednesday 20th July 2011
quotequote all
With used cars, there are three factors - market value (irrelevant in a dead market that hates petrol engines), what he paid for it (likely to be way below market value) so relevant and how badly he wants to get rid of it. Check what's about and go in low.

ewan221

1,218 posts

187 months

Wednesday 20th July 2011
quotequote all
Kong said:
I don't think its makes a big difference if you don't have a trade-in. About a grand sounds reasonable but you never know, some dealers won't even shift by a penny.
This time last year I offered a local dealer £7800 for a Z3m roadster with a sticker price of £7995 and he would not budge a penny. Just checked and car still in his stock for sale at £7.5

Harpo

482 posts

183 months

Wednesday 20th July 2011
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£300 saved to your next car Ewan! hehe

Kong

1,503 posts

172 months

Wednesday 20th July 2011
quotequote all
ewan221 said:
Kong said:
I don't think its makes a big difference if you don't have a trade-in. About a grand sounds reasonable but you never know, some dealers won't even shift by a penny.
This time last year I offered a local dealer £7800 for a Z3m roadster with a sticker price of £7995 and he would not budge a penny. Just checked and car still in his stock for sale at £7.5
That dealer sounds like an idiot, £195 off is hardly an unfair offer.

I accept that dealers are there to make money and each car has a markup, but sometimes its better just to get the old stock moved on even if they only break even. Theres a few cars in the classifides which have been there over a year, imagine the depreciation sat on the forecourt!