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Autotrader and northern Ire conversion rates all wrong?

  • 12-03-2008 8:02pm
    #1
    Nuttzyy
    Closed Accounts Posts: 30 ✭


    Can someone confirm to me is the exchange rate right in the autotrader?

    Im looking at a car thats £6500 in a Northern Ireland dealers, the autotrader has it listed as £6500 or E9500. But xe.com returns E8500 for a £6500 figure.

    When i check other NI prices from autotrader to xe.com they all seem to be about a E1000 over the xe.com price.

    xe.com is stating an exchange rate of 1.3,,,,, does seem bit low? Perhaps the autotrader is correct, btu hopefully not. Can anyone shed light on this? Wheres a good place to get a reliable exchange rate figure? :confused:


Comments

  • #2
    Tipsy Mac
    Closed Accounts Posts: 2,559 ✭✭✭Tipsy Mac


    Xe.com is correct, Autotrader is wrong, I think they had an approximate system which worked when there was little fluctuation in the currencies but it's way out of date now. XE is the actual rate on the open market, the rate you will get in the bank might be 3 or 4% below this.


  • #3
    Nuttzyy
    Closed Accounts Posts: 30 ✭Nuttzyy


    Cheers!


  • #4
    ardmacha
    Registered Users, Registered Users 2 Posts: 7,476 ✭✭✭ardmacha


    XE is fine for the central rate. A look in the window of your bank, or a phone call will tell you what you have to pay today, the bank will add ~1.5-2% commission to the XE rate. £1 - €1.5 wasn't too far away for a long time, but the rate has definitely now shifted.


  • #5
    N8
    Registered Users, Registered Users 2 Posts: 458 ✭✭N8


    Nuttzyy be careful buying cars out of the Autotrader.

    Gangs in the North use the Autotrader, advertising as traders, to entice people from the South to travel up with cash to purchase what appear to be bargain cars and then rob them at gunpoint.

    Why Southerners? Less likely to report to the police or follow up.

    Why the Autotrader? Because they have allowed and continue to allow advertisers to self identify themselves as traders without any ID, pay cash and use a disposable mobile number.

    Be careful. ;)


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