GTD 62 reg - Thinking of selling privately (is it worth it)
Discussion
Changing to an new A3, dealer has agreed that my part ex is equal to my settlement figure (£16k).
Thinking about selling it privately and pocketing anything above the settlement figure. I have never sold privately before, not sure if it is worth the hassle and the chances of getting more than the settlement figure?
Obviously the car is still financed so if selling I would need the buyer to pay the remainder direct to the finance company and the rest to me.
Not sure how to price it tbh, 62 reg 30K Black, Leather, FSH.
Any thoughts?
Thinking about selling it privately and pocketing anything above the settlement figure. I have never sold privately before, not sure if it is worth the hassle and the chances of getting more than the settlement figure?
Obviously the car is still financed so if selling I would need the buyer to pay the remainder direct to the finance company and the rest to me.
Not sure how to price it tbh, 62 reg 30K Black, Leather, FSH.
Any thoughts?
Hi,
They start at £16995 on Autotrader so you would be unlikely to get much more than the PX although you need to take into account what they would give in way of discount on the car you have or will order. For example they offer you £16k Px on a retail A3 at £27k but in reality they would let you have it for £25k if you had no Px so actually they are only allowing £14k for your GTD. Initially go on Drive The Deal and spec you're new car to give you a ball park figure of what discount is available. Then use this for negotiations. Also check out your cars value on "we buy any car" sometimes the offers are surprising and Your particular car is desirable.
They start at £16995 on Autotrader so you would be unlikely to get much more than the PX although you need to take into account what they would give in way of discount on the car you have or will order. For example they offer you £16k Px on a retail A3 at £27k but in reality they would let you have it for £25k if you had no Px so actually they are only allowing £14k for your GTD. Initially go on Drive The Deal and spec you're new car to give you a ball park figure of what discount is available. Then use this for negotiations. Also check out your cars value on "we buy any car" sometimes the offers are surprising and Your particular car is desirable.
Outstanding finance wouldn't bother me if I was buying - I would just expect to see something in writing from the finance co stating the outstanding balance and to be able to speak to someone to get an accurate 'on the day' settlement price when paying.
Having said that I've tried selling non-financed private sales at this sort of price and it was a nightmare! I had it up for a grand over dealer buy in price, and the only offers I had were a grand below the dealer offer
That was on a Leon Cupra R - so basically if you can get a decent offer, just do it through the trade and save yourself the aggro of cleaning it, advertising it, waiting around for idiots to not show up etc etc
Having said that I've tried selling non-financed private sales at this sort of price and it was a nightmare! I had it up for a grand over dealer buy in price, and the only offers I had were a grand below the dealer offer
That was on a Leon Cupra R - so basically if you can get a decent offer, just do it through the trade and save yourself the aggro of cleaning it, advertising it, waiting around for idiots to not show up etc etc
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