I really can't help but be annoyed
I really can't help but be annoyed
Author
Discussion

bqf

Original Poster:

2,290 posts

202 months

Thursday 19th September 2013
quotequote all
I have sold a couple of cars recently, both to dealers. One of them I sold for £8,000, and its advertised at £10,000. That's fine - people have to make a living, it's about right, I wanted to sell it, no problemo.

The other car I sold for £4,000ish. I didn't really spend time valuing it, it didn't fit in my garage, and I just wanted rid of it. The dealer I sold it to has advertised it for TWELVE THOUSAND POUNDS.

I'm very angry, but not quite sure why. smile Anyone ever been in this irritating yet I really shouldn't moan position?

valiant

14,313 posts

191 months

Thursday 19th September 2013
quotequote all
The dealer driving off giggling like a school girl should have given you an inkling that you let it go too cheap.

laugh


Chalk it up to experience and you'll know better next time.

Passeyfier

287 posts

160 months

Thursday 19th September 2013
quotequote all
Wow, that's quite an increase! It'll be interesting to see if the dealer actually sells said car for £12k or if it just sits on the forecourt or wherever. May I ask what car it was; year, mileage etc.

bqf

Original Poster:

2,290 posts

202 months

Thursday 19th September 2013
quotequote all
valiant said:
The dealer driving off giggling like a school girl should have given you an inkling that you let it go too cheap.

laugh


Chalk it up to experience and you'll know better next time.
Well, quite. I'm irritated by it, but it's my own stoopid fault. Bloody cars. rage

Krikkit

27,939 posts

212 months

Thursday 19th September 2013
quotequote all
Is this because you hadn't bothered to do a bit of work on how much the car was worth, or because the dealer is a chancing bd?

bqf

Original Poster:

2,290 posts

202 months

Thursday 19th September 2013
quotequote all
Passeyfier said:
Wow, that's quite an increase! It'll be interesting to see if the dealer actually sells said car for £12k or if it just sits on the forecourt or wherever. May I ask what car it was; year, mileage etc.
It's probably not fair to say what it was, as it probably scuppers the dealers chances of selling if prospective buyers read this...it was a 1989 car though with 70,000 miles. I should have done some homework really before I parted with it but I was having a new garage door fitted and needed to clear some space.

bqf

Original Poster:

2,290 posts

202 months

Thursday 19th September 2013
quotequote all
Krikkit said:
Is this because you hadn't bothered to do a bit of work on how much the car was worth, or because the dealer is a chancing bd?
Both. I should have properly looked into it, and also, because he really refused to budge on what he offered. A 300% markup is a bit fking cheeky really.

steve singh

3,995 posts

204 months

Thursday 19th September 2013
quotequote all
Passeyfier said:
Wow, that's quite an increase! It'll be interesting to see if the dealer actually sells said car for £12k or if it just sits on the forecourt or wherever. May I ask what car it was; year, mileage etc.
I call bs...

SmoothCriminal

5,972 posts

230 months

Thursday 19th September 2013
quotequote all
What car is it?

Matt UK

18,084 posts

231 months

Thursday 19th September 2013
quotequote all
bqf said:
Krikkit said:
Is this because you hadn't bothered to do a bit of work on how much the car was worth, or because the dealer is a chancing bd?
Both. I should have properly looked into it, and also, because he really refused to budge on what he offered. A 300% markup is a bit fking cheeky really.
It's not really is it. You didn't have to sell it to him.
You could have just said "Thanks, but i think its worth more so will sit tight for a better offer".

I can see you being annoyed at yourself, but not the dealer.

mattley

3,039 posts

253 months

Thursday 19th September 2013
quotequote all
bqf said:
The dealer I sold it to has advertised it for TWELVE THOUSAND POUNDS.
Advertised is the key here, he might not get anywhere near that for it.

You've said nothing about the car but maybe it's one of those that might fetch that if the right buyer comes along, he could be sitting on it for ages which you weren't prepared or able to do.


bqf

Original Poster:

2,290 posts

202 months

Thursday 19th September 2013
quotequote all
steve singh said:
I call bs...
Why?

Sid's Dad

576 posts

172 months

Thursday 19th September 2013
quotequote all
Were you happy with the £4k? Did you feel fairly negotiated with, did you get what you wanted, even if you didn't get any more than that?

If you we're happy enough with the £4k, I'd say you should congratulate yourself that you have better things to do with your time than arse about squeezing the last penny out of a deal, remind yourself you just wanted rid of the thing and let him have his profit.

But if you felt ambushed, or that you were too timid when negotiating, then give yourself a hard look in the bathroom mirror and ask yourself what you want to learn from the experience.

That slight, unresolved feeling of having been ripped off is hard to shift (I think we've all had it somewhere in our car-buying or car-selling lives) but as you already know, it gets you nowhere....



sjohnstone39

70 posts

158 months

Thursday 19th September 2013
quotequote all
bqf said:
I have sold a couple of cars recently, both to dealers. One of them I sold for £8,000, and its advertised at £10,000. That's fine - people have to make a living, it's about right, I wanted to sell it, no problemo.

The other car I sold for £4,000ish. I didn't really spend time valuing it, it didn't fit in my garage, and I just wanted rid of it. The dealer I sold it to has advertised it for TWELVE THOUSAND POUNDS.

I'm very angry, but not quite sure why. smile Anyone ever been in this irritating yet I really shouldn't moan position?
Yes I have been in the same boat a few times, albeit different stupid self inflicted costs.
Gutting, but life goes on, assuming you have a £ or two.

mnkiboy

4,409 posts

197 months

Thursday 19th September 2013
quotequote all
bqf said:
steve singh said:
I call bs...
Why?
I'm guessing because nobody has ever heard of such a mark up!

Genuinely interested in what the car is though. Presume it's something quite unique.

V8RX7

28,982 posts

294 months

Thursday 19th September 2013
quotequote all
My Dad is a dealer...

his attitude is that if you are too rich / stupid / lazy to find out what it's worth then he'll bid you in the balls - it's your choice to take the offer.

Out of interest I responded to a "We Buy Any House" type Email as I'm currently selling a house for £375k they bid £256k - now THAT would be a good profit ! The fact they make such silly offers means that presumably some accept.

bqf

Original Poster:

2,290 posts

202 months

Thursday 19th September 2013
quotequote all
Sid's Dad said:
Were you happy with the £4k? Did you feel fairly negotiated with, did you get what you wanted, even if you didn't get any more than that?

If you we're happy enough with the £4k, I'd say you should congratulate yourself that you have better things to do with your time than arse about squeezing the last penny out of a deal, remind yourself you just wanted rid of the thing and let him have his profit.

But if you felt ambushed, or that you were too timid when negotiating, then give yourself a hard look in the bathroom mirror and ask yourself what you want to learn from the experience.

That slight, unresolved feeling of having been ripped off is hard to shift (I think we've all had it somewhere in our car-buying or car-selling lives) but as you already know, it gets you nowhere....
Do you know, I was happy enough with £4,000 (actually it was £4,250), so I should absolutely remind myself I wanted shot of it, forget about the ad that says £11,995, and just shove off and stop being a fool. [wanders off, muttering under breath, bloody cars, etc] smile

Nige_GTI

367 posts

209 months

Thursday 19th September 2013
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Im going to say 205 1.9gti in graphite grey?

And the dealership is chancing it?

sjohnstone39

70 posts

158 months

Thursday 19th September 2013
quotequote all
bqf said:
Do you know, I was happy enough with £4,000 (actually it was £4,250), so I should absolutely remind myself I wanted shot of it, forget about the ad that says £11,995, and just shove off and stop being a fool. [wanders off, muttering under breath, bloody cars, etc] smile
What car was it

bqf

Original Poster:

2,290 posts

202 months

Thursday 19th September 2013
quotequote all
mnkiboy said:
I'm guessing because nobody has ever heard of such a mark up!

Genuinely interested in what the car is though. Presume it's something quite unique.
Its listed in 'previously owned' in my garage.