Part exchange

[GMS 500]

Hi guys,

Simple question that I'd like answering with experince if possible.

I'm considering swapping the Chim for another TVR. I've contacted a few specialists (with nice things on their forecourts) and discussed part ex values and had a range of responses...

Should I expect approx 2K less than the going rate in the classifieds?

Cheers

Graham

[2 sMoKiN bArReLs]

Not if your car is for sale at £2000.......


What are you expecting, about £12k?

[daz the plumber]

trouble is you will be paying well over the odds for your new car so you have saved nothing ,just a quick sale

[LordGrover]

I'd expect them to make £2,000 a car so the same under their selling price would be reasonable. I'd expect the classifieds to be lower than a showroom price though so £2,000 below that seems a little much to me.

[Pauls Trevor]

If you get 2K less than you would pay on the forecourt then i would say it was good. The dealer will have to pay VAT on the proffit, thus reducing his proffits further. He will then have to give a warrentee as well.
Obviously it also depends on how much profit is in the new car!

Hope this helps

[MJW1977]

When I p/x mine against another TVR, the dealer marked it up by £2k when it hit the forecourt again

[GMS 500]

Mine's advertised at 10K.
(I would post a link but think that'd upset the mods)
Did a quick trawl and think it's priced very cheap for what it is...

But 'Over the phone' px offers have been floating around the 8K mark :-(

When I counted up my receipts I've spent £4.5K on it in 2 years - So there's no point letting it go for silly money (I'd rather keep it forever)...

Perhaps I'll brush up on my negotiation skills!

[pilgrim13]

When pricing a vehicle its too easy to look at what evryone else is putting theirs up for and pricing yours accordingly. I've just bought a 4.5 and rang about 15 or so 4.5 and 5.0's and none of them had sold. What these vehicles ultimately sell for is more helpful. I just had someone offering me a Merc 320sl in part ex for my 4.0 and quoting a valuation of 6k to 6.5k based on what private sellers are offering theirs for. I checked and the dealers have them priced at prices to sell, 4995 to 5495