Dealer Markup on second hand car

randomer

I found this car for sale on carzone. A BMW 645 Coupe with 41,000 miles. For sale from a private individual for €45,950.

http://www.carzone.ie/used-cars/BMW/645/Ci-Auto/805640/

A few ads further down, I saw the car for sale from a dealer with 47,500 miles for €52,500.

http://www.carzone.ie/used-cars/BMW/645/ci-High/1035430/

I expect that the guy who was selling the car privately probably sold the car to the garage for less than his original asking price. Is this a typical markup on a car of this type?

Cyrus

in a word yes

dunno why this kind of stuff surprises people, its how it has always worked, they will prolly sell it too

Sam Kade

If the guy selling the car privately sold it to the garage why has he confirmed that he has the car in stock today? The garage also confirmed it in stock today. Are they both the same cars as it is harder to read the number plate on the garage photo.

Zube

Sam Kade wrote: »

Are they both the same cars as it is harder to read the number plate on the garage photo.

My eyesight is going, but it looks clear enough to me. Definitely the same car.

It BeeMee

Ah now, the Private car has an extra , miles less, and extra ".1" engine size, and an extra door....

The fact the number plates on both cars are the same is irrelevant....


*cough*

I used to love those "spot the difference" puzzles in the Dandy.....


*Edit: the private car also appears to have an M badge on the ashtray...

Cyrus

It BeeMee wrote: »

Ah now, the Private car has an extra , miles less, and extra ".1" engine size, and an extra door....

The fact the number plates on both cars are the same is irrelevant....


*cough*

I used to love those "spot the difference" puzzles in the Dandy.....


*Edit: the private car also appears to have an M badge on the ashtray...

and thankfully the dealer removed it, why would someone put a badge like that on their interior

Sam Kade

Zube wrote: »

My eyesight is going, but it looks clear enough to me. Definitely the same car.

Right that clears that, now tell me how 2 people are selling the same car with different mileage?

colm_mcm

Sam Kade wrote: »

Right that clears that, now tell me how 2 people are selling the same car with different mileage?

maybe the seller has unsuccessfully being trying to sell for months, and in those months has done 6,500 miles.

the (main BMW) dealer hardly added mileage to the car to make it easier to sell

unkel

randomer wrote: »

Is this a typical markup on a car of this type?

There's a lot more to it than it just being a "markup" as in a profit to be made. The car might have to be inspected, valeted, serviced and minor blemishes / problems taken care off. The car has to be advertised. Sales people will spend time selling it. Most importantly, the dealer probably has to provide a 12 month full warranty with the car!

Sam Kade

colm_mcm wrote: »

maybe the seller has unsuccessfully being trying to sell for months, and in those months has done 6,500 miles.

the (main BMW) dealer hardly added mileage to the car to make it easier to sell

But both sellers updated the car yesterday, in plain language they both have the car in stock.

colm_mcm

that carzone update thing is a load of rubbish, we have cars on carzone and it says they were updated too, we don't update them until they're sold.

triple-M

sorry for going off topic,but i Have a major issue regarding a car i purchased,I bought a used 2006 VW passat Tdi (first reg 06/06)From a fairly legit car dealer in Tyrone on 21/05/08,McNulty Motors,The dealer knew it would be quite a long journey for me to get back south,and said everything was perfect and that i was good to go,I used the car as Normal on 22/05/08,Then all of a sudden i went to use the car on 23/05/08 smoke poured out of the engine and then it suddenly seized on me,after an inspection i realised that there was not a drop of oil in the engine,and basically what i am wondering is,whether i have to take the fall and fix it myself or should the dealer have been responsible and put some oil in it before selling it or atleast warning me about it,P.S warning light for oil level never came on and because i only had the car 2 days i never thought about checking its level,not many people would buy a"perfect condition" car and check all this out on day 2 they would usually expect this to have been sorted by the dealer,some people are saying the dealer should known better and other are saying that it was my own neglect,Help! M

Sam Kade

triple-M wrote: »

sorry for going off topic,but i Have a major issue regarding a car i purchased,I bought a used 2006 VW passat Tdi (first reg 06/06)From a fairly legit car dealer in Tyrone on 21/05/08,McNulty Motors,The dealer knew it would be quite a long journey for me to get back south,and said everything was perfect and that i was good to go,I used the car as Normal on 22/05/08,Then all of a sudden i went to use the car on 23/05/08 smoke poured out of the engine and then it suddenly seized on me,after an inspection i realised that there was not a drop of oil in the engine,and basically what i am wondering is,whether i have to take the fall and fix it myself or should the dealer have been responsible and put some oil in it before selling it or atleast warning me about it,P.S new passat has no dashboard signs regarding low oil only oil pressure so no lights came on,not many people would buy a"perfect condition" car and check all this out on day 2 they would usually expect this to have been sorted by the dealer,some people are saying the dealer should known better and other are saying that it was my own neglect,Help! M

The dealer is responsible. He will either have to take the car back and refund you or replace the engine.

triple-M

Sam Kade wrote: »

The dealer is responsible. He will either have to take the car back and refund you or replace the engine.

i hope so,because i can only imagine about the cost/labour of a new model passat tdi engine,but someone said i was irresponsible and should have checked it even tho i only had it 2 days and there were no warning lights comin on,the dealer did say it was "as new" and was good to go,but last time i checked new cars had engine oil in them, p.s if he refuses to fix the problem who should i contact keeping in mind i bought the car in NI i take it simi is out of the question???

Sam Kade

triple-M wrote: »

i hope so,because i can only imagine about the cost/labour of a new model passat tdi engine,but someone said i was irresponsible and should have checked it even tho i only had it 2 days and there were no warning lights comin on,the dealer did say it was "as new" and was good to go,but last time i checked new cars had engine oil in them, p.s if he refuses to fix the problem who should i contact keeping in mind i bought the car in NI???

http://www.irishmotoring.ie/cms/publish/car/buyingacar/buying_a_car_consumer_rights.php
http://www.consumerconnect.ie/eng/Hot_Topics/Campaigns/NCA_guide_to_buying_a_car.pdf Read page 18 of this pdf on your rights