What's the point in pricing a car for sale as POA?
Discussion
Is there a good reason why people/dealers do this?
It seems a bit pointless and a waste of everyone's time. For example, when looking through the Merc AUC system no matter how low I set the maximum price, a load of cars show up that are clearly priced over my preset maximum as they're priced as POA so slip through the filters, including some E63s that are clearly not within the price band I'm looking for, but some other cars might or might not be, I won't know unless I phone up about ALL of them.
How does it work, punter phones up, says "whats the price", dealer says "£x", punter says "sorry, its 50% over my budget", both dealer and punter come off phone feeling the other has wasted their time?
It seems a bit pointless and a waste of everyone's time. For example, when looking through the Merc AUC system no matter how low I set the maximum price, a load of cars show up that are clearly priced over my preset maximum as they're priced as POA so slip through the filters, including some E63s that are clearly not within the price band I'm looking for, but some other cars might or might not be, I won't know unless I phone up about ALL of them.
How does it work, punter phones up, says "whats the price", dealer says "£x", punter says "sorry, its 50% over my budget", both dealer and punter come off phone feeling the other has wasted their time?
E55 Max said:
Yep a pet hate of mine too, mainly leads to me not enquiring about the car, so they lose out!
+1If I´m looking to buy a car and trawling the adverts as soon as POA pops up I move on. My assumption is that it is a ploy to get you talking to a salesman and spending more than your budget. I can do that on my own.....
Normally they are the current demo fleet. Which they are very nearly new, then you can sure that is the case.
They are not really ready for sale in the same way the other used car stock is, hence why the sale price has not been decided yet. Normally dealers need to run them for a certain amount of time, so they can write down the value each month until it is close enough to a used car price that it can be sold at. Most dealers think it is better to have them live on the net anyway. The idea being that if someone happens to be looking for exactly that car, then it might generate an occasional enquiry.
Normally the only people that buy these cars are when they don't want to wait for a new one, and a dealer happens to be running one that is close/identical to what the customer would have ordered. So for a small saving, and getting the car straight away buying these demo's makes sense.
The problem is if a typical dealer has 100 used car in stock about 20 might be current demo's and service loan cars, so their used car listings seem to be full of POA ads.
They are not really ready for sale in the same way the other used car stock is, hence why the sale price has not been decided yet. Normally dealers need to run them for a certain amount of time, so they can write down the value each month until it is close enough to a used car price that it can be sold at. Most dealers think it is better to have them live on the net anyway. The idea being that if someone happens to be looking for exactly that car, then it might generate an occasional enquiry.
Normally the only people that buy these cars are when they don't want to wait for a new one, and a dealer happens to be running one that is close/identical to what the customer would have ordered. So for a small saving, and getting the car straight away buying these demo's makes sense.
The problem is if a typical dealer has 100 used car in stock about 20 might be current demo's and service loan cars, so their used car listings seem to be full of POA ads.
kentmotorcompany said:
The problem is if a typical dealer has 100 used car in stock about 20 might be current demo's and service loan cars, so their used car listings seem to be full of POA ads.
Thanks for the info.With regards to your 20 in 100 cars being marked as POA, this can be true, and when you're doing a national search on a manufacturers AUC locator, it brings up far far too many cars as POA to call them all to find out the exact price, so average punter like me sorts them into order of nearest first, lowest mileage, lowest price or similar and takes it from there, in my case POAs simply get ignored.
I imagine it's slightly different if you're looking for something rarer and you have less choice/options.
I don't like ads with no mileage shown.
I always used to assume it was because they'd been to the moon and back and a few years ago looked at a 'too cheap to be true' Honda Civic with no mileage shown. Rung up the reputable dealer it was for sale at to find the 3 yr old car had only done 28k, as opposed to the 100k+ that i was expecting!
I always used to assume it was because they'd been to the moon and back and a few years ago looked at a 'too cheap to be true' Honda Civic with no mileage shown. Rung up the reputable dealer it was for sale at to find the 3 yr old car had only done 28k, as opposed to the 100k+ that i was expecting!
One of the mind boggling ones I see frequently in the local papers is where you have a small trader listing your mundane cars up to 7 or 8k, then 2 or 3 exotica with POA - things like where most of their stock is french hatchbacks then they have 'dodge viper'.
The cars are never at the site.. one wonders if a punter has made up some sort of 'oh a have a viper for weekends but im thinking of trading up as the wheels are too round' or some similar bull makes them list it in the hope of a sale or return style arrangement.
The cars are never at the site.. one wonders if a punter has made up some sort of 'oh a have a viper for weekends but im thinking of trading up as the wheels are too round' or some similar bull makes them list it in the hope of a sale or return style arrangement.
shouldbworking said:
One of the mind boggling ones I see frequently in the local papers is where you have a small trader listing your mundane cars up to 7 or 8k, then 2 or 3 exotica with POA - things like where most of their stock is french hatchbacks then they have 'dodge viper'.
The cars are never at the site.. one wonders if a punter has made up some sort of 'oh a have a viper for weekends but im thinking of trading up as the wheels are too round' or some similar bull makes them list it in the hope of a sale or return style arrangement.
I had a client a few years back that ran a 2nd hand car lot that did this - the 'flash' cars were he and his wife's own personal cars, he just used to list them and put them on the website as they looked nice and filled the stock list out, he priced them very highly as he had no intention of selling them unless someone was willing to pay the crazy price.The cars are never at the site.. one wonders if a punter has made up some sort of 'oh a have a viper for weekends but im thinking of trading up as the wheels are too round' or some similar bull makes them list it in the hope of a sale or return style arrangement.
ETA just checked and he's still at it, the most expensive car by far on his website has his personalised number plate on it in the photo, funny that
Edited by anonymous-user on Friday 8th July 14:57
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