Will Coronavirus hit used car prices?
Discussion
Deep Thought said:
Venisonpie said:
Throttlebody said:
Govt Summer Statement - Nothing from Rishi Sunak for the car industry.
Nope, however the focus on getting young adults into employment should fund £150 a month pcp deals.Throttlebody said:
Deep Thought said:
Venisonpie said:
Throttlebody said:
Govt Summer Statement - Nothing from Rishi Sunak for the car industry.
Nope, however the focus on getting young adults into employment should fund £150 a month pcp deals.Deep Thought said:
Yes, i've used CarWow, Broadspeed and DriveTheDeal to do that.
I've had the full range of responses - feigned disbelief, laughing, denial that that price can be got, etc, etc. Generally they end up matching or coming close.
The only one who didnt was our local Mazda dealer who were adamant the price couldnt be meet by the broker but would give us a "good will gesture" of £500 off list price (£28K Mazda MX5 RC) when the brokers were offering £4K off. There was no doubt the car could have been got from the broker but we eventually decided not to go for the car anyway so it became a moot point.
After a test drive of a Leon at a Seat dealer I had the junior salesman bring out a printed piece of A4 paper showing full list price plus GAP, Tyre Insurance, Supaguard and Dent Insurance. When I said I wasn't prepared to pay list he went out the back and came back with the Alpha male blue suited rugby playing salesman. Alpha salesman acted as if he had never been asked for a discount before and said that he might be able to speak to the sales manager to see if something could be done.I've had the full range of responses - feigned disbelief, laughing, denial that that price can be got, etc, etc. Generally they end up matching or coming close.
The only one who didnt was our local Mazda dealer who were adamant the price couldnt be meet by the broker but would give us a "good will gesture" of £500 off list price (£28K Mazda MX5 RC) when the brokers were offering £4K off. There was no doubt the car could have been got from the broker but we eventually decided not to go for the car anyway so it became a moot point.
At this point I showed him the Car wow quote on my phone which was over £5K less than the list price I had been quoted and I got the feigned disbelief and denial that price could possibly be correct and that it was a fake quote from the dealer. He then tried to convince me I would get terrible service from that dealer, but if I bought a car from him he would look after me and that loyalty must be worth something?
Not £5K was my reply.
Joey Deacon said:
Deep Thought said:
Yes, i've used CarWow, Broadspeed and DriveTheDeal to do that.
I've had the full range of responses - feigned disbelief, laughing, denial that that price can be got, etc, etc. Generally they end up matching or coming close.
The only one who didnt was our local Mazda dealer who were adamant the price couldnt be meet by the broker but would give us a "good will gesture" of £500 off list price (£28K Mazda MX5 RC) when the brokers were offering £4K off. There was no doubt the car could have been got from the broker but we eventually decided not to go for the car anyway so it became a moot point.
After a test drive of a Leon at a Seat dealer I had the junior salesman bring out a printed piece of A4 paper showing full list price plus GAP, Tyre Insurance, Supaguard and Dent Insurance. When I said I wasn't prepared to pay list he went out the back and came back with the Alpha male blue suited rugby playing salesman. Alpha salesman acted as if he had never been asked for a discount before and said that he might be able to speak to the sales manager to see if something could be done.I've had the full range of responses - feigned disbelief, laughing, denial that that price can be got, etc, etc. Generally they end up matching or coming close.
The only one who didnt was our local Mazda dealer who were adamant the price couldnt be meet by the broker but would give us a "good will gesture" of £500 off list price (£28K Mazda MX5 RC) when the brokers were offering £4K off. There was no doubt the car could have been got from the broker but we eventually decided not to go for the car anyway so it became a moot point.
At this point I showed him the Car wow quote on my phone which was over £5K less than the list price I had been quoted and I got the feigned disbelief and denial that price could possibly be correct and that it was a fake quote from the dealer. He then tried to convince me I would get terrible service from that dealer, but if I bought a car from him he would look after me and that loyalty must be worth something?
Not £5K was my reply.
They declined to pay full list and went with the broker price
Guess what ?
Turned out to be the same dealer who was supplying the broker
There was an amusing conversation when he picked it up by all accounts
Joey Deacon said:
After a test drive of a Leon at a Seat dealer I had the junior salesman bring out a printed piece of A4 paper showing full list price plus GAP, Tyre Insurance, Supaguard and Dent Insurance. When I said I wasn't prepared to pay list he went out the back and came back with the Alpha male blue suited rugby playing salesman. Alpha salesman acted as if he had never been asked for a discount before and said that he might be able to speak to the sales manager to see if something could be done.
At this point I showed him the Car wow quote on my phone which was over £5K less than the list price I had been quoted and I got the feigned disbelief and denial that price could possibly be correct and that it was a fake quote from the dealer. He then tried to convince me I would get terrible service from that dealer, but if I bought a car from him he would look after me and that loyalty must be worth something?
Not £5K was my reply.
So you used their facilities for a test drive before telling them you were expecting every penny piece of margin in discount, I bet they were delighted and sounds like they had a lucky escape from a self entitled user. That's if this ever actually happened.At this point I showed him the Car wow quote on my phone which was over £5K less than the list price I had been quoted and I got the feigned disbelief and denial that price could possibly be correct and that it was a fake quote from the dealer. He then tried to convince me I would get terrible service from that dealer, but if I bought a car from him he would look after me and that loyalty must be worth something?
Not £5K was my reply.
buyerseller said:
So you used their facilities for a test drive before telling them you were expecting every penny piece of margin in discount, I bet they were delighted and sounds like they had a lucky escape from a self entitled user. That's if this ever actually happened.
Welcome to the 21st centuary.[quote=buyer&seller]
So you used their facilities for a test drive before telling them you were expecting every penny piece of margin in discount, I bet they were delighted and sounds like they had a lucky escape from a self entitled user.
[/quote]
Don't think most are that bothered to be honest. I approached my local VW dealer about a new car, was upfront from the outset in telling them roughly what I had been offered through Carwow. They insisted I had their demo out for a morning, told me not to put any fuel in it. When it came to crunching the numbers they weren't at all interested so I went with Carwow and saved a fortune over list.
So you used their facilities for a test drive before telling them you were expecting every penny piece of margin in discount, I bet they were delighted and sounds like they had a lucky escape from a self entitled user.
[/quote]
Don't think most are that bothered to be honest. I approached my local VW dealer about a new car, was upfront from the outset in telling them roughly what I had been offered through Carwow. They insisted I had their demo out for a morning, told me not to put any fuel in it. When it came to crunching the numbers they weren't at all interested so I went with Carwow and saved a fortune over list.
jsf said:
buyerseller said:
So you used their facilities for a test drive before telling them you were expecting every penny piece of margin in discount, I bet they were delighted and sounds like they had a lucky escape from a self entitled user. That's if this ever actually happened.
Welcome to the 21st centuary.I just felt the whole experience was lazy, I assume they are used to the majority of people just paying full list for any car they happen to have in stock no matter what colour or spec?
As for the 21st century, surely the internet has made prices so visible that if you can't compete you are not going to be in business for very long?
Throttlebody said:
Keeping in the 21st Century. Latest survey -
22% of new car buyers will be have to downsize post CV19 due to stretched budgets. Pressure on Chelsea Taxis.
71% of buyers will want a better new deal than pre CV19. Pressure on dealers.
Link to survey?22% of new car buyers will be have to downsize post CV19 due to stretched budgets. Pressure on Chelsea Taxis.
71% of buyers will want a better new deal than pre CV19. Pressure on dealers.
Buyers always demand better deals irrespective of the economic backdrop.
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