Accurate guide prices for used cars?
Accurate guide prices for used cars?
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JezzabellDev

Original Poster:

2 posts

83 months

Tuesday 12th February 2019
quotequote all
Hi, are there any other sites or ways i can get an accurate guide price for buying a used car as i've no idea how to work out if the price the dealer has gone to is good or not?

I've found a used car i like and got guide prices from Parkers and Honest John (based on actual mileage and the reg plate), they vary a fair bit - Parkers £6800 and HJ £6460. Dealer has offered a price of £6250 plus £500 part Ex (which is about right) - so £6750. Does one of Parkers and HJ tend to be more realistic or is there another way i can get some price estimates?

thanks

jjr1

3,032 posts

281 months

Tuesday 12th February 2019
quotequote all
Look on Autotrader.

Find the car, year and model and those of a siilar mileage.

Decide if your car is expensive or cheap in comparison.

ZX10R NIN

29,873 posts

146 months

Tuesday 12th February 2019
quotequote all
+1 to the above guides vary, but if you look at actual cars for sale you'll get a much better idea of market value.

300bhp/ton

41,030 posts

211 months

Tuesday 12th February 2019
quotequote all
JezzabellDev said:
Hi, are there any other sites or ways i can get an accurate guide price for buying a used car as i've no idea how to work out if the price the dealer has gone to is good or not?

I've found a used car i like and got guide prices from Parkers and Honest John (based on actual mileage and the reg plate), they vary a fair bit - Parkers £6800 and HJ £6460. Dealer has offered a price of £6250 plus £500 part Ex (which is about right) - so £6750. Does one of Parkers and HJ tend to be more realistic or is there another way i can get some price estimates?

thanks
The trouble here is, there is no way of an "accurate" guide price, they are all, by their very definition, only guides.... smile

And the price of a car, at least from a trader also varies a lot more than the condition or mileage of the car for sale.

e.g.

They may "need" to make £500 on every car they sell, in order to remain in business. If they bought the car in for more money, then they will try and sell it for more. They might even have two identical cars, but one was bought in for £1000 cheaper, so they might price it £500 differently to the other one.

What you are trading in will also have a bearing on the sale price. If they feel they can make money from the px, they will price it accordingly, if there is hardly any value in the px, then the profit on the deal is on the new car you are buying.


All you can do is have a look about at similar cars and compare. And at the end of the day, it doesn't really matter what the actual numbers are. It's whether you are happy with the price or not. If not, then walk and buy something else.