Dealer discount
Author
Discussion

Abc321

Original Poster:

1,163 posts

124 months

Thursday 18th June 2020
quotequote all
I’ve looked at buying a Used car today, from Audi UK but they flatly denied any discount at all on used market. I can either pay full cash or use their finance services and have no part ex so think I’d be someone they’d be willing to sell to! Think that’s poor. Anyone got any discount or is he just being a pain.

codenamecueball

734 posts

118 months

Thursday 18th June 2020
quotequote all
Abc321 said:
I’ve looked at buying a Used car today, from Audi UK but they flatly denied any discount at all on used market. I can either pay full cash or use their finance services and have no part ex so think I’d be someone they’d be willing to sell to! Think that’s poor. Anyone got any discount or is he just being a pain.
Fairly common at main dealers unless it's a very high value car or there's an incentive from head office. I think dealers are banking on the rejection of public transport to push used car sales with less stock coming in, so why give a discount when someone else will pay sticker with finance?

robofire

8 posts

75 months

Thursday 18th June 2020
quotequote all
This article may explain their strategy.
I’m looking at a car and expect the same answer if I ask for a deal. Remember aug is just around the corner.

https://cardealermagazine.co.uk/publish/investigat...

Abc321

Original Poster:

1,163 posts

124 months

Thursday 18th June 2020
quotequote all
Fair point but surely someone who has normally been getting the bus to work isn't going to go out and buy a £25k car? IMO people who use public transport are generally people with no license/unable to afford a car and running costs.

I just thought that they would be wanting to sell, all that stock sat there a while.

robofire

8 posts

75 months

Thursday 18th June 2020
quotequote all
I’m close to waiting a month and seeing if anything changes. As it’s obvious what they are doing as in sitting on hands. Small dealers may flinch. But large chains like Audi will wait unless they have large stock on way from Europe? I’m also referring to 1 owner market.

HTP99

25,115 posts

169 months

Thursday 18th June 2020
quotequote all
Abc321 said:
I’ve looked at buying a Used car today, from Audi UK but they flatly denied any discount at all on used market. I can either pay full cash or use their finance services and have no part ex so think I’d be someone they’d be willing to sell to! Think that’s poor. Anyone got any discount or is he just being a pain.
Err can you please explain why not offering any discount is "poor"?

Perhaps if you can't afford it you should look for something cheaper?

Actus Reus

4,312 posts

184 months

Thursday 18th June 2020
quotequote all
robofire said:
I’m close to waiting a month and seeing if anything changes. As it’s obvious what they are doing as in sitting on hands. Small dealers may flinch. But large chains like Audi will wait unless they have large stock on way from Europe? I’m also referring to 1 owner market.
It's a complex picture - some private sellers will start to cut prices in distressed sales, then maybe smaller independent retailers...it will take a little while, but I can't see prices holding firm for months and months. I stand to be corrected of course.

Jamescrs

6,335 posts

94 months

Thursday 18th June 2020
quotequote all
Dealers are currently making the most of built up demand in the market from people being unable to buy a car for the last 3 months or in the absence of anything much else to think about have been sat at home on the internet looking at changing cars.

If you want to ask for discounts maybe mate till October to December when Furlough ends and reality bits sadly for many people, the market will probably change then.

DeWar

906 posts

75 months

Thursday 18th June 2020
quotequote all
How is the car priced compared to similarly specced, aged and used cars?

If you can’t find one cheaper elsewhere then it seems reasonable for them not to offer a discount. You shouldn’t necessarily expect a discount on a fairly priced car.

If on the other hand you can find cheaper examples, use them to negotiate or use the dealer with the cheaper car.

I bought a lightly used Audi from a main dealer a few years ago for the wife. I thought it was slightly over priced and insisted on £1k off and dealer wouldn’t budge. I got the impression he was miffed that I’d wasted his time but I had no complaints. A month later the car was listed for a grand less and we bought it. All good.

robofire

8 posts

75 months

Thursday 18th June 2020
quotequote all
Yes I agree on that All above.

. It’s up at 31k with two owners and 16 plate ( one of the owners was as a demo ) it’s trade value 27/28. So it’s below market but I think he can do more on it and is holding out for better value due to people sitting on computers during cv19. I’m tempted to say To him on An offer iwith aug in mind or sit on hands for a month and wait for a correction due to new reg plate.

robofire

8 posts

75 months

Thursday 18th June 2020
quotequote all
HTP99 said:
Abc321 said:
I’ve looked at buying a Used car today, from Audi UK but they flatly denied any discount at all on used market. I can either pay full cash or use their finance services and have no part ex so think I’d be someone they’d be willing to sell to! Think that’s poor. Anyone got any discount or is he just being a pain.
Err can you please explain why not offering any discount is "poor"?

Perhaps if you can't afford it you should look for something cheaper?
As most listed prices are top of the margin spread Maybe ? List high , Fishing the market as we called it. And sell at your target price. . That’s a ex ££/$$ trader speak.

HTP99

25,115 posts

169 months

Thursday 18th June 2020
quotequote all
robofire said:
HTP99 said:
Abc321 said:
I’ve looked at buying a Used car today, from Audi UK but they flatly denied any discount at all on used market. I can either pay full cash or use their finance services and have no part ex so think I’d be someone they’d be willing to sell to! Think that’s poor. Anyone got any discount or is he just being a pain.
Err can you please explain why not offering any discount is "poor"?

Perhaps if you can't afford it you should look for something cheaper?
As most listed prices are top of the margin spread Maybe ? List high , Fishing the market as we called it. And sell at your target price. . That’s a ex ££/$$ trader speak.
Errrr ok!!

Gio G

2,995 posts

238 months

Thursday 18th June 2020
quotequote all
OP, ask for some value in a different way, rather than a price reduction.. ask for the next service to be free, or extend the warranty another year. They are more likely to give that to you, which may help you down the line...

G

Majorslow

1,299 posts

158 months

Thursday 18th June 2020
quotequote all
Jamescrs said:
Dealers are currently making the most of built up demand in the market from people being unable to buy a car for the last 3 months or in the absence of anything much else to think about have been sat at home on the internet looking at changing cars.

If you want to ask for discounts maybe mate till October to December when Furlough ends and reality bits sadly for many people, the market will probably change then.
What he said...I like the bit about "mating" until October......I suspect if we continue this economic suicide of not going back to work, many will be laid off, and with no money coming in other than UC prices may well drop for higher end vehicles, but sheds may hold their own?

ZX10R NIN

30,515 posts

154 months

Thursday 18th June 2020
quotequote all
There's not a lot of used stock out there so prices are going to be sensible for a while yet.

stuart_83

1,066 posts

130 months

Thursday 18th June 2020
quotequote all
Had a look at selling my car recently as going by basic depreciation trends, at two years old it should be worth about 50-60% of its value new.

Looking back at a thread from last year someone traded a similar car at three years old with around the same mileage, and it had retained 60%.

Got offered 40% by some well know car buying sites, and the same from the dealer I bought it from ... It's worth next to nothing.

Hoping things recover in the next few months - planning on VT'ing it in Sept as I fancy a change, so it'd be nice to be able to trade it instead and get a few £k back. Unlikely though.

ZX10R NIN

30,515 posts

154 months

Thursday 18th June 2020
quotequote all
On the buying side of things dealers are taking full advantage & hoping to gain a healthy profit margin.

Abc321

Original Poster:

1,163 posts

124 months

Thursday 18th June 2020
quotequote all
DeWar said:
How is the car priced compared to similarly specced, aged and used cars?

If you can’t find one cheaper elsewhere then it seems reasonable for them not to offer a discount. You shouldn’t necessarily expect a discount on a fairly priced car.

If on the other hand you can find cheaper examples, use them to negotiate or use the dealer with the cheaper car.

I bought a lightly used Audi from a main dealer a few years ago for the wife. I thought it was slightly over priced and insisted on £1k off and dealer wouldn’t budge. I got the impression he was miffed that I’d wasted his time but I had no complaints. A month later the car was listed for a grand less and we bought it. All good.
HTP99 said:
Abc321 said:
I’ve looked at buying a Used car today, from Audi UK but they flatly denied any discount at all on used market. I can either pay full cash or use their finance services and have no part ex so think I’d be someone they’d be willing to sell to! Think that’s poor. Anyone got any discount or is he just being a pain.
Err can you please explain why not offering any discount is "poor"?

Perhaps if you can't afford it you should look for something cheaper?


Look at that. 2 answers, very similar but 1 constructive and makes valid points and very helpful. The other some nob with a smart response. PH strikes again!

Abc321

Original Poster:

1,163 posts

124 months

Thursday 18th June 2020
quotequote all
Jamescrs said:
Dealers are currently making the most of built up demand in the market from people being unable to buy a car for the last 3 months or in the absence of anything much else to think about have been sat at home on the internet looking at changing cars.

If you want to ask for discounts maybe mate till October to December when Furlough ends and reality bits sadly for many people, the market will probably change then.
Thank you. I agree there’s a build up, I called Audi today for a test drive and they can’t get me in until next weekend!

Abc321

Original Poster:

1,163 posts

124 months

Thursday 18th June 2020
quotequote all
Gio G said:
OP, ask for some value in a different way, rather than a price reduction.. ask for the next service to be free, or extend the warranty another year. They are more likely to give that to you, which may help you down the line...

G
Great idea thank you I will try that! Audi offering 2 year warranty, MOT Cover, key cover and roadside assist at min on used which is good!