I can't belive the scrappage schemes are back!

mike65

Why? The country will soon be going SSIA crazy and certain marques/garages are tempting punters to buy new (and used!) cars under a scheme which one crowd were valueing at up to 3 grand! If trade was slack I'd understand the need to get people through the door but right now it seems nuts from business point of view.

Mike.

unkel

Goes to show there is plenty of margin in the list prices. Negotiate hard if you're in the market for a new car and you'll be saving yourself thousands

maidhc

mike65 wrote:

The country will soon be going SSIA crazy and certain marques/garages are tempting punters to buy new (and used!) cars under a scheme which one crowd were valueing at up to 3 grand!

Probably a gimmick to try and woo people with SSIA money out of home decor shops and into replacing the car.

Sizzler

Oh bollix ! You know what that means dont you.....every skanger young one and jungfella will be off out buying micras and puntos and will still be driving them in 6 years time when they are still up to their t1ts in debt with their €40 a week repayments.

colm_mcm

A €3,000 scrappage deal is being promoted for Primeras as far as I know. One can easily haggle a €3,000 discount off a new Primera. so you're not really gaining

maidhc

Sizzler wrote:

Oh bollix ! You know what that means dont you.....every skanger young one and jungfella will be off out buying micras and puntos and will still be driving them in 6 years time when they are still up to their t1ts in debt with their €40 a week repayments.

God yeah. I remember a person who bought a cinquincento in this manner. Still owed thousands when the car was only fit for growing geraniums.

Lex Luthor

colm_mcm wrote:

A €3,000 scrappage deal is being promoted for Primeras as far as I know. One can easily haggle a €3,000 discount off a new Primera. so you're not really gaining

I thought that aswell....and 2k off the Micra....you'd almost get that anyway on a cash deal. However, it will tempt a few people to buy them.

Just look at how many Citreon C4's are out there since they offered to pay the VAT on them in the 1st 3 months of 2006.

Hotwheels

Only suits people who have a heap to get rid of and are buying a new car...Yer basically getting nothing for the car...ya would get that off anyway for cash...:)
As for the SSIA's...the boom might not surface..IMO you would better off paying a lump of yer Mortage, and a lot of people may do that...

colm_mcm

Hotwheels wrote:

As for the SSIA's...the boom might not surface..IMO you would better off paying a lump of yer Mortage, and a lot of people may do that...

boring........ car! car! car!

mikemac

colm_mcm wrote:

A €3,000 scrappage deal is being promoted for Primeras as far as I know. One can easily haggle a €3,000 discount off a new Primera. so you're not really gaining

Would you seriously get that much off? I thought you might get €1000 off for a cash deal on a Primeria at most.

I'm basing this on Eddie Hobb's program last year. Car dealers obviously have huge margin if they can afford to drop €3000

colm_mcm

you must be joking, they'll do anything to sell them, they're only intersted in making registrations, not money.

parsi

Business is booming alright. My new car was regsitered on Wednesday and yesterday in Fermoy I came across a car whose number was +83 after my own... not bad ..

Hotwheels

boring........ car! car! car!

depreciation depreciation depreciation depreciation

And yes...depending on what car you are buying you can get up to 3K off, it's your cash so shop around...and bargain hard...

knifey_spoonie

micmclo wrote:

Would you seriously get that much off? I thought you might get €1000 off for a cash deal on a Primeria at most.

As colm was sayin nissan are just blowing cars out the door just to boost reg numbers.You will have no prob gettin €3k off a primera but dont try it on an avensis.Dealers are been given extra discounts from the importer so the afford to hugely undercut other cars in the segment.

Seth Brundle

They are offering up to 3k off a new car. However, they may only offer you 20 quid for your old one!

colm_mcm

Careful, Knife Fighter. We don't wanna appear biassed!

unkel

micmclo wrote:

Would you seriously get that much off? I thought you might get €1000 off for a cash deal on a Primeria at most.

I'm basing this on Eddie Hobb's program last year. Car dealers obviously have huge margin if they can afford to drop €3000

Hehe. Eddie Hobb doesn't have a fooking clue. That said, anyone getting €1000 off for a cash deal is probably in the upper regions of negotiation skills in this country as most people just pay the list price :rolleyes:

Jason Dawe (motoring journo in the UK) regularly gets 30%-40% off the list price. Now he is a hero!

Now that will be hard to achieve in Ireland even for a cash buyer. Realistically, say you're buying a Citroen C6, base price €62k plus €4k in extras, totalling €66k. If I were in that situation, I'd hold up a bankdraft for €50k - take it or leave it. They'll take it

colm_mcm

the bigger the car, the more of a discount. Jason Dawe must be living on another planet, no distrubutor passes on 30% of a margin for a dealer to pocket.

John R

If it means getting their bonuses for selling a certain number dealers will give away the last few at big losses if they don't think they can get shot of them otherwise. The bonus more than makes up for the loss they make on the individual cars sold under cost.

Insider deals only really, normally they will register them and fob them off on car supermarkets as ultra low mileage used.

maidhc

John R wrote:

Insider deals only really, normally they will register them and fob them off on car supermarkets as ultra low mileage used.

My neighbour bought a Opel Signum that was 12 mths old with 0 miles on the clock. It was parked in a corner of the dealership for the entire time.

He got a massive discount, needless to say.

mike65

Now thats a deal, always look in the farest corners of a back-lot.

Mike.

colm_mcm

The only problem, is that the Signum is pretty much sale-proof second hand too

unkel

colm_mcm wrote:

Jason Dawe must be living on another planet

No. Not only does he get 30-40% off regularly, it is not just for him. His deals are publicised in the Sunday Times, so other people can benifit too from the very same deal

colm_mcm wrote:

no distrubutor passes on 30% of a margin for a dealer to pocket.

Perhaps not in Ireland because the Irish typically (and I do not want to generalise here) say grand so and proceed to pay the full list price or are happy to get a tiny bit off and a full tank of petrol :rolleyes:

A 10 minute chat could literally save you many thousands of €. Push hard, the margins on new cars in Ireland are unreal!

Victor

mike65 wrote:

Why? The country will soon be going SSIA crazy and certain marques/garages are tempting punters to buy new (and used!) cars under a scheme which one crowd were valueing at up to 3 grand! If trade was slack I'd understand the need to get people through the door but right now it seems nuts from business point of view.

Its just so they can jack up the prices later on to "normal".

maidhc

unkel wrote:

Perhaps not in Ireland because the Irish typically (and I do not want to generalise here) say grand so and proceed to pay the full list price or are happy to get a tiny bit off and a full tank of petrol :rolleyes:

No dealer gets a 30% margin to play with. It is not possible to get that sort of money off your standard Golf/Octavia/Focus/Megane. If you are good you will get 7% or 8%, much more and the dealer is likely to be loosing money to make the sale.

You may get a fine discount off something like the Signum or a Vel Satis, but as colm noted there is normally a reason for that.

colm_mcm

unkel wrote:

No. Not only does he get 30-40% off regularly, it is not just for him. His deals are publicised in the Sunday Times, so other people can benifit too from the very same deal



Perhaps not in Ireland because the Irish typically (and I do not want to generalise here) say grand so and proceed to pay the full list price or are happy to get a tiny bit off and a full tank of petrol :rolleyes:

A 10 minute chat could literally save you many thousands of €. Push hard, the margins on new cars in Ireland are unreal!

I work in the motor industry, and know about margins. I can't think of any car that the dealer could make 30-40% on if someone was to pay the full list price.

Even if you were to buy most saloon cars at the price the dealer buys it in at, you would probably only save about 10% - 15% at the most on the list price.

Ba$tard

Well all they are doing is temporarily allowing clueless* buyers into the expected negotiation/margin levels (for cash a buye should expect about 1k off retail price per 10k normally - unless the model is in demand) of a knowledgeable car buyer by sticking the carrot of scrappage in front of their eyes.

What I dont like about this is;
1) Anyone in this position, ie to own & drive a scrappable car either;
cannot afford a newer car or
has not enough interest in cars (all I want is an A-to-B) to buy one....this makes the buyer panic-buy a car before the 'bargain of the century' finishes.

Where does leave the buyer?
Well if they cannot afford a new car, they just burnt their hard earned SSIA on an over-budget car and probably have a hefty personal car loan to repay for the next 5/6 years of the balance.
If they werent bothered about a newer car, well they just paid big money for something of little interest to them which will depreciate like a cat in a microwave. Oh and they bring their car back to service at the dealer under the comfort of "better the devil you know".

2) If their car is border-line scrappage (in the buyers prespective) worth ~1-1.5k euro, they will loose even more as they will effectively get nothing at all. "Era shure it would be too much bother to sell it privately". All the garage will do is move it on as a trade car and probably make no determined profit of the trade sale but are still up 1-1.5k.


So, you ask, without the scrappage scheme, whats different to all this silly carry on? Not much, only the temptation of scrappage and "hurry hurry, roll up" can put alot of people under unexpected finanical strain and unnecessary spending.....Buying or selling a car is tricky business....How else can the Main Stealers afford their plush multi-million glass-fronted showrooms.

{Cough Ford, Mitsubishi, Volvo price fixing}


*I dont mean that in a derogitory way, just that not everyone knows about car trading, but nearly everyone needs a car)

colm_mcm

There are a small number of people who buy a new car every ten years or so, this ad is perfect for this (small) market.

sharky86

Its back!!!!

colm_mcm

If you're gonna dig up a thread that's 3 and a half years old, at least write something a bit better than that?

Gary ITR

sharky86 wrote: »

Its back!!!!

Then start a new friggin thread