Home > General > What do you do , when changing your car? |
|
|
RiverBlanche Member Since: 20 Apr 2021 Location: Retford'ish Posts: 97 |
Hi,
|
||
2nd Sep 2023 7:57pm |
|
Proftinkerpot Member Since: 22 Dec 2022 Location: County Antrim Posts: 179 |
I would agree that dealers pricing is just getting more ridiculous and of course finance rates are up massively too. If you can sell privately or to a car buying site, you will get a better price than from a main dealer. I had a low mileage X3 35d a few years ago. It was for sale as a 1 owner car in a non franchised dealer. I got to see the V5 and wrote to the previous owner, explained I was looking at the car and was curious why it hadn't gone back to the dealer as an approved used. They kindly rang me and explained that the dealer was offering significantly less than WBAC so that is where it went. The non franchised dealer must have sourced it from them as the car hadn't travelled far.
|
||
2nd Sep 2023 8:37pm |
|
Phoenix Member Since: 16 May 2022 Location: Gone Posts: 1631 |
I don't know where you heard that from, but it's not correct - very few trade-ins got to auction now. Dealers of any marque will be retailing vehicles of an age that you'd likely only see on sale at private traders or car supermarkets (which are generally owned by the companies that own dealerships). Prep costs are not at retail (obviously!) and the resale cost reflects the prep standard & ongoing warranty liability. Any non-brand vehicles generally go to the group 'car supermarket' outlet - this is where any corners will be cut, not at the brand outlets. If there are brand outlets in group, then the trade-ins will be offered to them first. What has changed is that the trade-in inspections have to be done with 20-20 vision, no more ignoring of fluid leaks, EML's, drooping suspension etc. etc. - otherwise the sales reptile loses commission on their sales to the value of the repairs - at least for the group I work for. Long overdue IMO. |
||
2nd Sep 2023 8:50pm |
|
Rambles Member Since: 16 Apr 2011 Location: UK Posts: 801 |
One option is to avoid changing cars so often. There will always be a bid - offer spread when selling / buying to / from a dealer.
|
||
3rd Sep 2023 8:05am |
|
northernmonkeyjones Member Since: 24 Mar 2012 Location: derby Posts: 8517 |
buy it cash, run it until it dies, sell it for scrap, buy another.... at least that's the theory I use with the work trucks. the household Cars are a little different.
|
||
3rd Sep 2023 8:51pm |
|
Bluebird Member Since: 30 Aug 2021 Location: Cardiff Posts: 97 |
Never tried this, but I coould buy off a non main dealer, and then take it to a main dealer to do their checks so I could buy a LR warranty. If problems with those checks, I would have thought that they should be covered by the non main dealer warranty. |
||
4th Sep 2023 12:05pm |
|
Jay Porsche Member Since: 22 Jan 2023 Location: Solihull Posts: 60 |
I bought my 405 from Sytner Select in January. I traded in my Panamera which they gave me 14.5k for (about the same as wbac offered) and they sold it for £19k a week later.
|
||
4th Sep 2023 12:36pm |
|
LiftedDisco Member Since: 13 Nov 2019 Location: Towcester Posts: 31 |
Just going on what we did with our last change and also the similar experience when our son changed his car…
|
||
4th Sep 2023 7:44pm |
|
|
All times are GMT |
< Previous Topic | Next Topic > |
Posting Rules
|
Site Copyright © 2006-2024 Futuranet Ltd & Martin Lewis