Car up for sale at £15k, guy offers me 12k!

Car up for sale at £15k, guy offers me 12k!

Author
Discussion

Ari

19,347 posts

215 months

Sunday 20th November 2011
quotequote all
kchika said:
It's the percentage that counts, isn't it? In that regard, I think I've done pretty well.

He has not seen the car before the sale nor did he leave a deposit.
Then the car isn't sold. When the money is in your bank the car is sold.

Good luck.

whoami

13,151 posts

240 months

Sunday 20th November 2011
quotequote all
kchika said:
whoami said:
How much?
I wouldn't say, but I'm very happy with it! biglaugh
I'll give you £10K.....

rofl



kchika

Original Poster:

246 posts

160 months

Sunday 20th November 2011
quotequote all
Ari said:
Then the car isn't sold. When the money is in your bank the car is sold.

Good luck.
confused

The car was sold this morning and yes, the money is in my bank account.

kchika

Original Poster:

246 posts

160 months

Monday 21st November 2011
quotequote all
I might have been unreasonable in my previous posts and I do apologise for that. This is the first time I've sold a car privately and I'd have thought that anyone who's genuinely interested in the car would have offered me at least the trade price to start with.

The guy who bought it didn't see the car nor did he ask for any extra pictures, and my initial thought was "here's another timewaster". He called me last night and offered me £12k, which I refused straight away and made him a return offer. He left it at that and sent me another offer via text a couple of hours later, and a call back to him sealed a deal.

GSP

1,965 posts

204 months

Monday 21st November 2011
quotequote all
croyde said:
So why are they crap? Just interested as I nearly bought an S a long while back and was pretty impressed on the test drive.
The paint is soft, my partner has had two now, both have be peppered with stone chips after a year. The ride and steering is awful. After a year the plasticy interior rattle like a 5 year old ford. The drivers vision is shocking because of the silly shape and massive a pillars. The ergonomics are also very frustrating, you reach for the window switch and it's in a random place, it's not quirky, it's not a homage to minis of late, it's fking annoying.

I could go on but I digress, back on topic.

Funk

26,281 posts

209 months

Monday 21st November 2011
quotequote all
It's often said that if the first offer you make doesn't embarrass you, it's not low enough. You can always increase your offer, but you can't reduce it..

Chrisw666

22,655 posts

199 months

Monday 21st November 2011
quotequote all
kchika said:
I might have been unreasonable in my previous posts and I do apologise for that. This is the first time I've sold a car privately and I'd have thought that anyone who's genuinely interested in the car would have offered me at least the trade price to start with.
Anybody outside the trade would be unlikely to have a recent trade price guide, and the guide is only that a guide. Just because a Mini dealer who can sell the car through an AUC scheme and earn extras above the profit will 'offer' top dollar over the phone doesn't indicate what the trade price of the car is, neither does the guide price that parkers.co.uk gives you.

wanacoop

1,247 posts

222 months

Monday 21st November 2011
quotequote all
What would be a sensible starting bid, on a 2nd hand car listed at say, 10k? As i may be looking to buy early next year, and hate the bidding game.
Just to edit. Car prob 2.0 petrol mondeo or similar type of family car.

Edited by wanacoop on Monday 21st November 12:16

Morba

621 posts

177 months

Monday 21st November 2011
quotequote all
wanacoop said:
What would be a sensible starting bid, on a 2nd hand car listed at say, 10k? As i may be looking to buy early next year, and hate the bidding game.
Just to edit. Car prob 2.0 petrol mondeo or similar type of family car.

Edited by wanacoop on Monday 21st November 12:16
standard car like that, offer little and look for the reaction. £6500-£7000 depending on how you fell about being cheeky.

Sicob

478 posts

228 months

Monday 21st November 2011
quotequote all
poo at Paul's said:
Massive chinny fking rec
PMSL. Haven't heard that expression since school. Note to self: use in meetings etc.

anonymous-user

54 months

Monday 21st November 2011
quotequote all
whoami said:
Pig Skill said:
whoami said:
Robsti said:
Thank god minis hold their value!
hehe
They used to hold up well, but now that every bubble has one the values have fallen pretty hard.

On a side note, our neighbour has just got a MINI 'coupe' — fk me it's the worst car I have ever seen! Shirley that will be a big loser...
That coupé thing is unforgivably ugly.

I think it'll drop like a stone.
I thought it looked quite good in the pics and also on the TV advert. However, someone round the corner from me has got one and the proportions just look wrong imo.

k-ink

9,070 posts

179 months

Monday 21st November 2011
quotequote all
Skip to the end...


As a buyer:

I offered -20% to a dealer for a swift cash sale. He politely turned me down. So I said take my number and call me in a week when it's still unsold. The call came and the deal was done at my offered price.


As a seller:

I research the going market price, then advertise at that level (not above). Then I usually state "no offers / priced to sell". I have sold three cars this way for the asking.


Deva Link

26,934 posts

245 months

Monday 21st November 2011
quotequote all
kchika said:
The guy who bought it didn't see the car nor did he ask for any extra pictures, ...
Hmmm....surely it's pretty unusual to buy and pay for a car sight unseen?

For his part, he's transferred £13K+ to you and doesn't know you from Adam??

Fair play if it all works out, but very unusual, I think.

johnpeat

5,328 posts

265 months

Monday 21st November 2011
quotequote all
Can I just say that if the idea of a low bid offends you, you shouldn't bother trying to sell a car privately...

All you need to do is say "errr no" and if they make no better offer, move along.

If you get a lot of low bids and no better offers then you've overpriced it ofc. - but if you're going to explode at the sight of one slightly cheeky bid - you're just not cut-out to sell your own cars...

johnpeat

5,328 posts

265 months

Monday 21st November 2011
quotequote all
Funk said:
It's often said that if the first offer you make doesn't embarrass you, it's not low enough. You can always increase your offer, but you can't reduce it..
Print that and post it in the header here - it's pure gold.

The other adage which applies is

"Every car will sell at the right price" - it's just that the seller and buyers idea of that varies enormously.

As for people who say "No Offers" and who won't haggle - that's just mind-bogglingly stupid. If you are selling your cars regardless of that, you could have asked for a bit more - haggled a bit and almost certainly sold them for MORE - simple as.

Pig Skill

1,368 posts

203 months

Monday 21st November 2011
quotequote all
St John Smythe said:
whoami said:
Pig Skill said:
whoami said:
Robsti said:
Thank god minis hold their value!
hehe
They used to hold up well, but now that every bubble has one the values have fallen pretty hard.

On a side note, our neighbour has just got a MINI 'coupe' — fk me it's the worst car I have ever seen! Shirley that will be a big loser...
That coupé thing is unforgivably ugly.

I think it'll drop like a stone.
I thought it looked quite good in the pics and also on the TV advert. However, someone round the corner from me has got one and the proportions just look wrong imo.
Yes its true they are absolutely dogst to look at.

He has the JCW version and it looks awful, plus he is 65 and far too old for a car that was inspired by a baseball cap being worn backwards.
His wife has a countryman in white. Thats hideous to behold as well.

Her car aint too bad though hehe

dundarach

5,039 posts

228 months

Monday 21st November 2011
quotequote all
johnpeat said:
Can I just say that if the idea of a low bid offends you, you shouldn't bother trying to sell a car privately...

All you need to do is say "errr no" and if they make no better offer, move along.

If you get a lot of low bids and no better offers then you've overpriced it ofc. - but if you're going to explode at the sight of one slightly cheeky bid - you're just not cut-out to sell your own cars...
Could not agree more, the only thing that gets on my nerves more than the general british person being hopeless at buying (when they ask do you want any help, the answer is yes, I'm looking for X Y or Z with this much to spend etc etc, otherwise No thanks, aint no big thing)

Is people selling stuff and get shirty when you make an offer, I'm the fecking customer remember, you're trying to sell to me. If you'd have gotten snotty I'd have buggered off and bought somewhere else.