Dealer selling me car either as ''trade sale' or ''retail''
Discussion
He is trying to avoid his obligations under the CRA15 i.e. telling you that you have no come back if the car breaks down etc.
He can't actually do this, but it does mean that if the car does bork you will find him very difficult to deal with and would probably have to sue to get anything out of him.
He can't actually do this, but it does mean that if the car does bork you will find him very difficult to deal with and would probably have to sue to get anything out of him.
So would you recommend paying the retail price or? The car is high mileage but according to the dealer it has 14 stamps and 2 belt changes with one service being done just a few weeks ago. Surely the car should be in okay condition with regards to what has been done with maintenance?
So.....You want all the bells and whistles that go with a retail sale, MOT, Inspection/Service, Warranty, but want to pay trade money for it?
If you do agree to buy it trade, and save £1000, do not dare go back to the dealer with problems.(although legally you could)
You had the choice, you cannot have your cake and eat it.
Personally, i would not even entertain a trade sale to a member of the public, not worth the potential grief for no profit.
Whats the point??
If you do agree to buy it trade, and save £1000, do not dare go back to the dealer with problems.(although legally you could)
You had the choice, you cannot have your cake and eat it.
Personally, i would not even entertain a trade sale to a member of the public, not worth the potential grief for no profit.
Whats the point??
Ziplobb said:
the seller is just being honest with you - he is saying that he cannot afford / does not have the margin in it at the reduced price.
Pretty much the opposite, I'd say. OP isn't a trader, and so a sale on "trade terms" is meaningless. Seller is trying to bamboozle customer into thinking he has no recourse in case of problems. Only the seller knows how much margin he's really got. Anything else is a guess.
Given the sellers behaviour I'd probably just walk. Regardless of how much the OP pays getting anything fixed is likely to be a battle.
silentbrown said:
Pretty much the opposite, I'd say. OP isn't a trader, and so a sale on "trade terms" is meaningless. Seller is trying to bamboozle customer into thinking he has no recourse in case of problems.
Only the seller knows how much margin he's really got. Anything else is a guess.
Given the sellers behaviour I'd probably just walk. Regardless of how much the OP pays getting anything fixed is likely to be a battle.
Agreed, if the seller was being honest he would not mention this trade sale nonsense.Only the seller knows how much margin he's really got. Anything else is a guess.
Given the sellers behaviour I'd probably just walk. Regardless of how much the OP pays getting anything fixed is likely to be a battle.
If we start with the premise that if you bought it trade then you are buying it in its current condition, with no additional rectification and then as a gentleman's agreement you accepted that if anything were to go wrong with it then you would fix it yourself without involving the seller.
Following on from that the questions are
What do you get extra by buying it retail?
How much extra would that cost?
Only the seller can tell you this.
Realistically there won't be an insurance backed warranty with that car, nor bearing in mind when dealing with secondhand goods the CRA takes into account the age of the goods and the price paid, there won't be much recourse to the dealer on a £1000 car either unless the engine or gearbox fall out in pretty short order.
For what is I expect a relatively small difference in price I would pay the dealer his profit and gain some goodwill ( not necessarily £s ) if you do have a problem with it in future.
arberchelsea2012 said:
Lol have i said i want the car in perfect ready to go condition at a trade sale price??? i just asked what the difference was and what i can expect... jeez people love to have their own theories and conclusions.
Why don't you ask the man who is offering to sell you the car since he is the one that wants to enter into one form of contract or another with you. What does he explicitly say the difference between the two is?For the record he cant sell you a car on "trade" terms and conditions and invalidate your consumer rights which come with a "retail" sale because you are not a trader. That he would offer to would be enough for me to walk away and find a dealer who I think would honour a contract should a post-sale problem arise.
I'll look out the for "bought a car on trade terms and its broken" thread popping up
ETA: Wooda80 beat me too it!
silentbrown said:
Ziplobb said:
the seller is just being honest with you - he is saying that he cannot afford / does not have the margin in it at the reduced price.
Pretty much the opposite, I'd say. OP isn't a trader, and so a sale on "trade terms" is meaningless. Seller is trying to bamboozle customer into thinking he has no recourse in case of problems. Only the seller knows how much margin he's really got. Anything else is a guess.
Given the sellers behaviour I'd probably just walk. Regardless of how much the OP pays getting anything fixed is likely to be a battle.
As has been said let's say the guy has the car for sale at £4500 but OP wants to buy it for £3500
The dealer does not have enough money left to sell the car for £3500 but then also maintain, effectively, a warranty on the vehicle for 6 months.
While technically "illegal" , I don't actually find anything wrong with it - it's a common sense approach.
OP needs to decide if he wants the car but doesn't want the support / benefits of buying from a dealer/trader (IE the warranty) then take it as trade
But if OP does then he needs to stump up the extra.
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