The Car Salesman's Thread

The Car Salesman's Thread

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CYMR0

3,940 posts

199 months

Monday 16th April 2012
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CYMR0 said:
renmure said:
Sorry, another question re Trade In

What happens with trade-in's which are effectively worth next to nothing? Do they still go to auction?
Eg, my trade-in for a £20k(ish) Discovery will be a 1994 Japanese Import Toyota HiLux with interstellar mileage (can't be accurate since the oddometer broke some years ago), some rust, a few scrapes, fairly shabby interior, a few electrical things which don't work, etc... but has decent tyres, is serviced regularly enough to keep it going, and will probably go for ever. It is unlikely to be of any value to anyone other than me I guess. How do you value them, is there somewhere that these type of cars end up, who then buys them?
I traded in a 13-year-old Peugeot 406 when I bought my car brand new. I got £200 for it, which I was happy with, as it had a few minutes' MoT and not much chance of another one. It went to auction; it was re-taxed shortly afterwards but was scrapped within a month or two.

I'd only even consider p/x on something like that if I thought that I'd already pushed the deal as hard as I could go. The HiLux would go well on eBay (you'd be surprised what exporters will pay for something like that) but would be a really hard sell in the mainstream trade, where it might not easiliy get underwritten by the usual series of dealers down to the Arfur Daleys. So auction or scrap would be most likely, but it might still be £1k on eBay... or £200 p/x and haggling over that last £50 for the swapper might be distracting you from the last £500 on the top line price.
Edit: I guess yours is a Surf, but this is what a grand buys you in the Hilux world: http://www.ebay.co.uk/itm/TOYOTA-HI-LUX-/230773244...

jonnydm

5,107 posts

208 months

Monday 16th April 2012
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CYMR0 said:
Edit: I guess yours is a Surf, but this is what a grand buys you in the Hilux world: http://www.ebay.co.uk/itm/TOYOTA-HI-LUX-/230773244...
And that one hasn't even been on Top Gear.

Point remains that if said Surf seller has the spare time and inclination to deal with the great unwashed and especially those on the 'bay, he stands to be a bit better off than if he takes the probably paltry px value.

GBB

1,737 posts

158 months

Tuesday 17th April 2012
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Butter Face said:
Traded, eBay, scrap or sold to a valeter/mechanic for them to tidy or fix up and sell!
Acquantaince picked up a tidy E30 for £200 from his aunt as that's what she'd been offered as a Part/Ex. It wasn't worth a fortune but at least £500 all day long, at the end of the day the dealer didn't really want it hence the low price and I can't blame them, they are there to make money, not take a gamble on how much you'd get for a 30 yr old BMW.

PumpkinSteve

4,098 posts

155 months

Friday 20th April 2012
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Any salesmen know about free insurance offers? I ordered a new car in March, delivery time not expected until the last week in June. At the time of ordering there was a free insurance offer, which is still ongoing, but the dealership said that you only get it if the offer is still running when you pick up the car, not when you order it. Is this correct?

Thanks.

AshCos

250 posts

146 months

Friday 20th April 2012
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Yes Steve, it's for vehicles ordered and taken delivery of in that month

PumpkinSteve

4,098 posts

155 months

Sunday 22nd April 2012
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AshCos said:
Yes Steve, it's for vehicles ordered and taken delivery of in that month
Sorry, didn't realise I had a reply. Thanks for the info, hopefully the scheme will still be running when I take delivery.

Jimmy No Hands

5,008 posts

155 months

Wednesday 25th April 2012
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Well my missus picks her new VW Up! .. Up Saturday morning. Quite excited. Can I be cheeky and ask a dealer on here for a HPI? If I'm being cheap then just throw a
Can of Redbull at me. (it's not for the Up! Obviously)

OldJohnnyYen

1,455 posts

148 months

Wednesday 25th April 2012
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Jimmy No Hands said:
Well my missus picks her new VW Up! .. Up Saturday morning. Quite excited. Can I be cheeky and ask a dealer on here for a HPI? If I'm being cheap then just throw a
Can of Redbull at me. (it's not for the Up! Obviously)
A bit late don't you think?

Jimmy No Hands

5,008 posts

155 months

Wednesday 25th April 2012
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Late for what? It's not for that car. Like I said, in my post.

HBFS

799 posts

190 months

Sunday 29th April 2012
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A question undeserving of its own thread...

If a dealer has a car on sale for £7500
and they'll px my car for £8000
and the outstanding finance on mine is £6000

The dealer would settle the finance.
Instead of the dealer setting me up for a (Barclays) loan of his car for £5500. Could he give me back the £500 difference between mine and his cars and setup the finance for £6000? Is there anything wrong with this?

Butter Face

30,192 posts

159 months

Sunday 29th April 2012
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HBFS said:
A question undeserving of its own thread...

If a dealer has a car on sale for £7500
and they'll px my car for £8000
and the outstanding finance on mine is £6000

The dealer would settle the finance.
Instead of the dealer setting me up for a (Barclays) loan of his car for £5500. Could he give me back the £500 difference between mine and his cars and setup the finance for £6000? Is there anything wrong with this?
No reason why not, just have to ask. I've done it before.

Fox-

13,228 posts

245 months

Sunday 29th April 2012
quotequote all
HBFS said:
A question undeserving of its own thread...

If a dealer has a car on sale for £7500
and they'll px my car for £8000
and the outstanding finance on mine is £6000

The dealer would settle the finance.
Instead of the dealer setting me up for a (Barclays) loan of his car for £5500. Could he give me back the £500 difference between mine and his cars and setup the finance for £6000? Is there anything wrong with this?
Is your car the Skoda in your profile? If so, £8k sounds like a fairly insulting offer.

HBFS

799 posts

190 months

Sunday 29th April 2012
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It is yes, It has a £1.2k dent in it though!

I'm doing man maths in order to get me a scooby doo and the mon£ey will help with the insurance!

Edited by HBFS on Sunday 29th April 18:25

Butter Face

30,192 posts

159 months

Sunday 29th April 2012
quotequote all
So, I've been off work for 2 weeks due to an op and going back on friday, getting motivated and back into it will be the hardest bit.

Missed a pretty quiet month by all accounts so not lost out on a huge pay packet!

LukeSi

5,753 posts

160 months

Sunday 29th April 2012
quotequote all
HBFS said:
It is yes, It has a £1.2k dent in it though!

I'm doing man maths in order to get me a scooby doo and the mon£ey will help with the insurance!

Edited by HBFS on Sunday 29th April 18:25
Can we have a look at this dent please? I'm guessing 1.2k is main stealer price.

HBFS

799 posts

190 months

Sunday 29th April 2012
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LukeSi said:
Can we have a look at this dent please? I'm guessing 1.2k is main stealer price.
2.2k was the main dealer price! I'm happy that 1-1.2 is the cheapest I'll get it done for.

I think the dealer I saw priced in about 600ish, he has his own body shop...

Emubiker

951 posts

179 months

Sunday 29th April 2012
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well after a busy weekend, I now have upto 7 cars, at least 5, being delivered tomorrow. Plus have a new General Manager starting, so the first impression hes going to get of me is not going to be great, once I start running around the workshop having not prepped cars right and the valeters not having cleaned them. Though, so long as they all go out, its is going to mean I hit my unit target and get a nice lift in my wages. Will make up for March at least.

Hows everyone else's end of month going to look?

LukeSi

5,753 posts

160 months

Sunday 29th April 2012
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HBFS said:
LukeSi said:
Can we have a look at this dent please? I'm guessing 1.2k is main stealer price.
2.2k was the main dealer price! I'm happy that 1-1.2 is the cheapest I'll get it done for.

I think the dealer I saw priced in about 600ish, he has his own body shop...
TBH having just seen the picture I would get it fixed and then decide whether or not to sell. At 22 the insurance is probably going to be prohibitive on an Impreza.

AshCos

250 posts

146 months

Tuesday 1st May 2012
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Ended up with four deals yesterday,chuffed with that!

PumpkinSteve

4,098 posts

155 months

Saturday 19th May 2012
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After years of having cars on PCP I've only just learned that I can make extra payments willy-nilly. Can anyone tell what effect this will have? Will it reduce my monthly payments, term or GMFV?
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