Do Dealers buy individual cars?

Bitsie

I have been trying to sell my car before Xmas and Im finding it impossible. I wondered do any car dealerships buy your car off you or do they only deal with trade-ins?? Its a really good motor, 07 Renault Clio. Thanks.

Drummerboy08

Dealers cant sell cars at the minute, so they surely wont be buying any. Price the car to be the cheapest of its kind on carzone to try and sell it. Chances are you will take a BIG hit on it.

Why do you want to sell it?

Bitsie

Well I am undercutting everyone at the minute on carzone and cbg.ie by selling it at 9k. Need to sell it because i have been made redundant and need the funds!

-Chris-

All you can do is keep dropping the price, or try and get it visible to people - email all your friends, put info up on your Facebook, ask relatives if they have any neighbours looking for cars.

DubTony

Put a pic of it on photobucket or similar, and link in your sig. Car for Sale yadayada .....

L-M

Bitsie wrote: »

Well I am undercutting everyone at the minute on carzone and cbg.ie by selling it at 9k. Need to sell it because i have been made redundant and need the funds!

I'm looking on carzone and i don't see any for 9k. It isn't the old model by any chance is it?

00D911

A friend of mine sold his to a garage after seeing an ad in the Autotrader for a garage in Baldonnell actually looking to buy cars !!!!!!:eek::eek:

Bitsie

Limerick man wrote: »

I'm looking on carzone and i don't see any for 9k. It isn't the old model by any chance is it?

My ad is on cbg.ie. Its not an older model.

Bitsie

00D911 wrote: »

A friend of mine sold his to a garage after seeing an ad in the Autotrader for a garage in Baldonnell actually looking to buy cars !!!!!!:eek::eek:

You dont know the name of the garage by any chance do you??

Bitsie

Well i just rang a few dealers this morning and one or two offered to take it at only 6k!! plus i had to clear of the rest of my loan with them too......sure if i had the money to do that i wouldnt be looking to sell my car!

bazz26

Bitsie wrote: »

Well i just rang a few dealers this morning and one or two offered to take it at only 6k!! plus i had to clear of the rest of my loan with them too......sure if i had the money to do that i wouldnt be looking to sell my car!

That is most likely the trade value of the car. I'm actually surprised they made you an offer considering the forecourts are already full of used cars.

It sounds like you have negative equity on the car. If it were me I would keep reducing the asking price and take the first serious offer I got, remember a car's resale value only goes one way, down. Then see if you can maybe borrow a smaller loan from a credit union to pay off the balance of the car loan.

Bitsie

well i would consider dropping it a bit if someone made me an offer but have had response to any ads yet.

bazz26

Bitsie wrote: »

well i would consider dropping it a bit if someone made me an offer but have had response to any ads yet.

Unfortunately selling a car is a bit like fishing at the moment, you have to attract the fish in order to get one to bite.

You also have to take the current state of the market into account, it is dead, people are not as eager to spend due to job insecurity, finance is harder to get and market saturation.

Juwwi

Bitsie wrote: »

Well i just rang a few dealers this morning and one or two offered to take it at only 6k!! plus i had to clear of the rest of my loan with them too......sure if i had the money to do that i wouldnt be looking to sell my car!

as far as l know your not allowed to sell a car privately with money owed on it to a finance company..
lets say u stop paying the repayments then some poor sod will get his car repossed..

Bitsie

why would i stop repaying the loan, thats what the sale of the car is for, to pay off the loan.

NewApproach

First thing I would suggest is to put the car up on carzone, with plenty of good pics. Carzone tends to get much more traffic than cbg.

Bitsie

well i also have it on autotrader.Carzone is much more expensive to put up an ad. I have emailed all friends and family about it and stuck up ad posters in the car itself, so i think its fingers crossed now!

00D911

Bitsie wrote: »

You dont know the name of the garage by any chance do you??

Just spoke to him there, the garage is called Auto Solutions and there number is 01 4133757 he did say however that they are offering trade prices for the cars so be prepared to take a hit on it if you ring.....Let us know how you get on

Bitsie

Thanks a million for that info; ill try them...

00D911 wrote: »

Just spoke to him there, the garage is called Auto Solutions and there number is 01 4133757 he did say however that they are offering trade prices for the cars so be prepared to take a hit on it if you ring.....Let us know how you get on

Eric Cartman

some dealers are crying out for 07-08 bmw 320D's at the moment, one of the lads in work looked into trading his in and 3 dealers seemed really enthusiastic about taking it, thats the only car ive heard of like that at the moment

Bitsie

well i have changed the price of the car to 8k now to try one last ditch attempt to sell it myself!

-Chris-

Eric Cartman wrote: »

some dealers are crying out for 07-08 bmw 320D's at the moment, one of the lads in work looked into trading his in and 3 dealers seemed really enthusiastic about taking it, thats the only car ive heard of like that at the moment

I'm really surprised to hear this, considering '07 320Ds would be disadvantaged from a Motor Tax point of view, and '08s are competing with imported cars on price.

Was he trading in to BMW dealers or a different make?

L-M

AudiChris wrote: »

I'm really surprised to hear this, considering '07 320Ds would be disadvantaged from a Motor Tax point of view, and '08s are competing with imported cars on price.

Was he trading in to BMW dealers or a different make?

+1

If they are "crying out for them", you'll equally be crying with the trade in value.