Changing car.
#1
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I'm not a dreamer and I know my car is worth more to me than probably someone in the business of buying and selling cars but...is £9000 really a fair offer in PX for a Sept MY00 with 16k on the clock? I have looked at quite a few cars over the last 12 mths as now I have experience Scooby ownership I want to be careful that I don't change with regret after a short while. As I have visited many dealers' stocklists I can say that many cars have been on the forecourt for months. The price has not been dropped and that is probably why a sale has not been made. How is it though that dealers can tell us that 'your car is dropping by £400/mth sir' when forecourt prices generally are not moving any lower? I appreciate preparation costs etc but most trade in values versus forecourt prices in reality, even allowing a 5% margin for a buyer toplay with show profit margins of 30% plus. Business is business but I cannot think about buying a car for £25k safe in the knowledge that if I took it back in 3mths time I would probably be offered <£20k for it. Private selling obviously will result in better values for your pride and joy but the difference between the price achieved via this route and a trade in shouldn't really be as much as 25% should it?
I suppose I am moaning but it is a little disappointing to realise that you have to throw money down the toilet beyond the liberal u-bend full you expected.
I suppose I am moaning but it is a little disappointing to realise that you have to throw money down the toilet beyond the liberal u-bend full you expected.
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Sam Witwicky
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13 November 2015 10:49 AM