Mikkel

Anyone who sells their Impreza at the moment is either desperate, mad or loaded IMHO.

I'll be keeping mine for several years to get my moneys worth. Sell it when it is a high miler and genuinely (in my mind) a low value car.

rallymad_homer

I traded my 54 STI in a couple of weeks back for a nwe sti. I told him what i could afford on a monthly repayment and he worked it out from there. he knocked money of the new one and gave a little more P/X to close the deal.

He first started off £80 a month over what i could afford, i just sat there and for the next 4 offers whilst he tapped away on the calculator said "cant afford that....my max is____" and it worked. End of the day if you want the RS4, belongs your payments are what you can afford then happy days, you'll have forgotten all about the price you got soon as that right foot goes through to the headlight ;-). Are you not gunna get the car you want over a few hundered quid ??

Just for the record i got just under 10k with 34000 on the clock.

RMH

RyanSTI

iTrader: (1)

totally mate, i proberly should have read the post more thoughly, we have spoken though and i found out the whole story which kinda annoyed me, because it was terrible customer service, i will try and help in any way i can.

i mean i cant set part ex prices, however i can help anyone out if they are looking for a new or used audi, even if its just questions about the cars.

exvaux

iTrader: (1)

my boss tried to px his merc ML for a diesel bmw and they wouldnt even give him a trade in price due to fear of not getting rid of it,said nobodys taking cars like these just now

noobyscooby

I've just picked up a very nice, well specced, 1 owner, 53 plate, 3.2 litre, VW Touareg at £6,000 under retail at a VW dealer and £10,000 under what I'd have had to pay for the diesel.

The owner has taken an 80% hit on the showroom invoice which came with the car.

Thirsty motors like Scoobies, Range Rovers Toerags and the like are still in Titanic post the iceberg mode. Either hang on and drive it into the ground if you've got one or take advantage of the glut and the haemoraging prices if you're buying.

As for trying to hang on for a decent price, there are lots more sellers prepared to be realistic because they are increasingly desparateto sell so it is a high risk strategy that you will be left at the top of the market with other cars available for several thousand less.

MikeCardiff

iTrader: (2)

The price the dealer offered is low ( but the mileage would also count against it a bit ), but I'd imagine a lot of dealers dont want to be taking any part exs at the moment unless they are real old bangers they can shift cheap through the trade, or something they know the can sell easily.

Chances are the dealer with the Audi isnt selling much of anything at the moment, so the last thing he wants is to take part ex cars hes going to be stuck with for ages, tying up his money, or having to shift at below book to other traders, most of whom also wouldnt want it unless its really cheap.

Truth is though that selling a 1 or 2 year old car is always going to lose you a load of money compared to what you paid for it - most of the deprecation is in the first 3 years.

Blueblaster

In this situation I think the thing to do is look at your car like an asset. Your asset is worth its market price minus any outstanding finance. Forget what you paid for it and what it was worth this time last year. It's just an asset. You then only have to worry about the depreciation if you change it for a car of greater value. If your car's net worth is 10 grand then that's your budget. There is nothing writen down that says you MUST buy a more expensive car each time you change. Look at it this way and changing car could become fun again privided you stop thinking you're currently driving a car that is worth more than it actually is. Swapping your yr old STI for, say, a new Fiat 500 Abarth is changing like for like, for example.

Easier said than done though, I must admit.

StickyMicky

sorry but......

i have had my car for 6 years now and every single year i have had it the market has been " a bit down" according to scoobynet when selling scoobs.

every single year


fact = vast majority of people could not afford to run these cars 6 years ago
fact = vast majority of people can not afford to run these cars right now
pretty much fact = vast majority of people will not be able to afford to run these cars for the next 6 years.......

Blueblaster

Probably a bit worse than that at the moment...

Prasius

iTrader: (1)

The thing that made me chuckle about this was imagining the sucking of teeth, looking at the RS4, looking at the STI, "hmmm.. see.. its difficult, that STI is a specialist car.. difficult to shift right.. hmm.. "

It's an RS4 FFS! What sort of car do they think a potential owner is going to trade in!? A 1.6 Ford Focus!?! If I were a dealer I'd be a lot more convinced about selling it to someone with a fairly new Impreza, than some muppet who rocked up in some econobox P.o.S.

TheVoices

iTrader: (5)

We all have a vested interest in the value of our cars, however that value is dictated by factors beyond our control. The state of the economy, fuel prices, Euro import prices and road tax are a few examples.

When looking to trade your car in most dealers are using the same information to value your car, Glasses Guide, CAP and experience of the current market. The only way that one dealer is offering you more for the car is if he has more profit margin to play with on the car you are purchasing. You may be lucky and get a private buyer who will pay what YOU think your car is worth but this is the exception rather than the rule.

If you look on autotrader, piston heads etc you see the same cars for sale for weeks and even months at a time, why ?, because they are overpriced !

The motor trade considers 40% retained value at 3 years old as being reasonable, you may disagree but this is a fact. Certain cars buck the trend for a while when first launched but after a couple of years the values decline at a normal level.

As an example, let's say I am in the market for a new WRX. I go to Motorpoint or similar and the Euro import is £14k, the px offer is £4k for my current car, £10k to change. Insulted by their offer I go to my local Subaru dealer, his WRX is to all intents and purposes the same car but £20k (business is terrible so he could sell it to me for £18k with no px) He listens to my story about the guys at the car supermarket and realises I am obsessed with my part exchange value so offers me the £6k I thought it was worth (using the £2k discount to bolster the PX price) I now part with £14k to change happy to have got what I wanted for my PX. Three years down the road I am on Scoobynet moaning that my car is now only worth £8k when I paid £20k for it. If I had bought the import it would only be worth £1k less (if that) therefore retaining 50% of £14k new, not 40% of £20k ! I'm not the only person in the trade who can work this out so this is why UK Subarus are worth what they are worth !