Car up for sale at £15k, guy offers me 12k!
Discussion
anonymous said:
[redacted]
This. Somebody offering £3k below your asking price doesn't actually tell us much by itself.
Note also that it's buyers, not sellers who set final values. Either they're prepared to pay £X for vehicle Y or they're not, whatever else is on that market at whatever price.
i.e. If half a dozen people all make offers close to each other but miles away from what you want, that tells you what it's really worth when it comes to money changing hands for the car.
IrrElephant said:
rallycross said:
Cars are not selling, I sold my car last had to drop price to far below what I expected, the market is very slow - very few buyers, buyers know they are in a strong position.
Even things like run of the mill spec Golfs and Mini's are difficult to sell.
If you put your car on at a low price for the current market people will still expect a large drop in price from you.
20% off does not sound too bad if you are looking at the alternative which is to keep buying more adverts and get no phone calls!
Cars are selling. The right cars anyway.Even things like run of the mill spec Golfs and Mini's are difficult to sell.
If you put your car on at a low price for the current market people will still expect a large drop in price from you.
20% off does not sound too bad if you are looking at the alternative which is to keep buying more adverts and get no phone calls!
20% off isn't a small margin off. If someone asked me for that off a car on ny forecourt, I'd be saying thanks, but no.
Edited by IrrElephant on Saturday 19th November 19:34
In a Mini dealer today, Wife's Cooper was being serviced, chatting to salesman, he showed me Glasses Guide which showed a £650 drop this month on a Cooper S Cab, that is the state of the market at the moment. He also looked at the figures for trading in the current Cooper for a new one, the car is £3000 in negative equity after two years! I think that says a lot about the parlous state of the car market. That is why people will be making cheeky offers, there are lots and lots of overpriced cars out there at the mo.
I have been offered far less than 20% under the advertised price in the past. I told him no, he increased his offer to an amount I found acceptable, we shook hands and deal done. Not really seeing the point in getting annoyed.
If you are the sort to get offended by low offers or haggling then decide a minimum you consider acceptable for your car, advertise it at that price and state that the price is firm and not negotiable.
If you are the sort to get offended by low offers or haggling then decide a minimum you consider acceptable for your car, advertise it at that price and state that the price is firm and not negotiable.
mercGLowner said:
In a Mini dealer today, Wife's Cooper was being serviced, chatting to salesman, he showed me Glasses Guide which showed a £650 drop this month on a Cooper S Cab, that is the state of the market at the moment. He also looked at the figures for trading in the current Cooper for a new one, the car is £3000 in negative equity after two years! I think that says a lot about the parlous state of the car market. That is why people will be making cheeky offers, there are lots and lots of overpriced cars out there at the mo.
Cabriolets always get hit hard this time of year. We buy them now and sell in June 
kchika said:
Yes, and it's not just one dealer. Three dealers that I've phoned up have offered me more than £12,000.
I call bulls*** on this.Whenever I have called a dealer, they will never say how much they would give in p/x over the phone. And I must have asked dozens of times.
The reasons for this are:
> They can't see the condition of the car.
> It's harder to do a deal over the phone.
> They are not going to make a deal with you over the phone, so most likely they will lose more money when you come into the dealer, than if they gave you an offer once at the dealer.
> They often like to see how eager you are to sell before offering a price.
> They want to know how serious you are about buying their car.
My guess is that the bloke wants to give you somewhere around £13.5k. There's a script that must be followed:
S: Buy my car. £15k.
B: Give you £12k for it.
S: £12k? You should wear a mask. I won't take a penny less than £14.5k.
B: How about £13k? I'm a fool to myself, etc.
S: £13k? I wouldn't take me father's coat off for £13k!
B: Meet me half way, then. £13,750.
S: Ok, but I'm cutting my own throat. Cor blimey, it's taking the bread out of me kiddies' mouths blah blah.
S: Buy my car. £15k.
B: Give you £12k for it.
S: £12k? You should wear a mask. I won't take a penny less than £14.5k.
B: How about £13k? I'm a fool to myself, etc.
S: £13k? I wouldn't take me father's coat off for £13k!
B: Meet me half way, then. £13,750.
S: Ok, but I'm cutting my own throat. Cor blimey, it's taking the bread out of me kiddies' mouths blah blah.
kchika said:
Deerfoot said:
So, has your local dealer actually offered you more than £12,000?
Like Chicarito said, it's a starting bid, negotiate with the guy and see what happens!
Yes, and it's not just one dealer. Three dealers that I've phoned up have offered me more than £12,000.Like Chicarito said, it's a starting bid, negotiate with the guy and see what happens!
1: Go back to cheeky bider and say 13K and it's yours.
2: Grab the traders arms off at 12 grand.
3: Stay with it and watch it depreciate another grand before Xmas and sit all through January waiting for the phone to ring.
Eggman said:
My guess is that the bloke wants to give you somewhere around £13.5k. There's a script that must be followed:
S: Buy my car. £15k.
B: Give you £12k for it.
S: £12k? You should wear a mask. I won't take a penny less than £14.5k.
B: How about £13k? I'm a fool to myself, etc.
S: £13k? I wouldn't take me father's coat off for £13k!
B: Meet me half way, then. £13,750.
S: 'Old out yer 'and.
EAIMBWSTCS: Buy my car. £15k.
B: Give you £12k for it.
S: £12k? You should wear a mask. I won't take a penny less than £14.5k.
B: How about £13k? I'm a fool to myself, etc.
S: £13k? I wouldn't take me father's coat off for £13k!
B: Meet me half way, then. £13,750.
S: 'Old out yer 'and.
Eggman said:
My guess is that the bloke wants to give you somewhere around £13.5k. There's a script that must be followed:
S: Buy my car. £15k.
B: Give you £12k for it.
S: £12k? You should wear a mask. I won't take a penny less than £14.5k.
B: How about £13k? I'm a fool to myself, etc.
S: £13k? I wouldn't take me father's coat off for £13k!
B: Meet me half way, then. £13,750.
S: Ok, but I'm cutting my own throat. Cor blimey, it's taking the bread out of me kiddies' mouths blah blah.
Oi, you're nicking my catchphrases there S: Buy my car. £15k.
B: Give you £12k for it.
S: £12k? You should wear a mask. I won't take a penny less than £14.5k.
B: How about £13k? I'm a fool to myself, etc.
S: £13k? I wouldn't take me father's coat off for £13k!
B: Meet me half way, then. £13,750.
S: Ok, but I'm cutting my own throat. Cor blimey, it's taking the bread out of me kiddies' mouths blah blah.
kchika said:
Deerfoot said:
So, has your local dealer actually offered you more than £12,000?
Like Chicarito said, it's a starting bid, negotiate with the guy and see what happens!
Yes, and it's not just one dealer. Three dealers that I've phoned up have offered me more than £12,000.Like Chicarito said, it's a starting bid, negotiate with the guy and see what happens!
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