Promotional Deals from Dealerships Good or Bad?

Bee

Folks,

There are still some people who actually want to buy new from Dealerships. (Don't Laugh!)

Has anyone had any genuine offers from Dealerships currently running the various promotions?

Do any offer any genuine value or are they the just the usual "come on" rip-offs from Stealerships

Anyone care to to highlight any real deals they got from genuine Dealerships on new cars who are trying harder due to the recession.

If there are genuine money saving promotions for car buyers lets here them and I will be the first to give my support to those Dealerships


Get posting!

-Chris-

I know VW/Audi are throwing money at the cars, trying to give us some better pricing to work with and keep sales going.

For those who are realistic about pricing, they'll get a better deal than they would have a couple of weeks ago.
For those who still aren't realistic about how much the value of their trade-in has dropped in recent months, then no amount of support from the distributor will close that gap.

Bee

AudiChris wrote: »

I know VW/Audi are throwing money at the cars, trying to give us some better pricing to work with and keep sales going.

For those who are realistic about pricing, they'll get a better deal than they would have a couple of weeks ago.
For those who still aren't realistic about how much the value of their trade-in has dropped in recent months, then no amount of support from the distributor will close that gap.

O.k. and thanks for the reply

Lets say you previously offered 10K trade in to a buyer a few weeks ago against a VW/Audi for X price

How much to today would the same balance to change be with the same 10k trade in against the VW/Audi?

E.G. X price -?

Ballpark figures obviously

Or if I am not making myself clear previously you would have offered the punter 10K trade in, how much more could you offer him today?

-Chris-

I'd expect the cost to change would be €2k less than it was a couple of weeks ago.

Marchman

AudiChris wrote: »

I'd expect the cost to change would be €2k less than it was a couple of weeks ago.

yeah, AudiChris is correct, your cost to change could/should be around €2k less but depends on whether your p/x is effected by current or future price reductions of that model (if it is a relatively new car). Also, your p/x valuation is directly effected by it's value in the UK and what a similar car can be landed back in Ireland with VRT paid etc

Bee

Marchman wrote: »

yeah, AudiChris is correct, your cost to change could/should be around €2k less but depends on whether your p/x is effected by current or future price reductions of that model (if it is a relatively new car). Also, your p/x valuation is directly effected by it's value in the UK and what a similar car can be landed back in Ireland with VRT paid etc

Excellent point and thanks for joining in!

Now that there is an acknowledgment especially from BMW (Yawn) dealers of the impact of UK imports, are dealerships in general of all marques going to reflect a downward trend in prices due to the savings to be had from importing?

L-M

LandRover have taken money off across the whole range.

But, like AudiChris has said, this will lower the trade in value of repeat customers vehicles (albeit the cost to change may be similar or better). But try offering someone 23k for something they paid 43500 this time last year for, and you'll find they won't be long walking away. Anyone who is realistic about pricing, and takes everything into account, should be able to get themselves a good deal.

smash

Peugeot have dropped the value on all their cars too.

L-M

steve06 wrote: »

Peugeot have dropped the value on all their cars too.

Aye, weren't they offering an €8k minimum trade in on some of the models?

Passats have come down in big money since last year. This time last year a Highline diesel would stand you nearly €35k, I've come across a dealer that will do one for €29k. Albeit the new 2.0tdi is out, but they haven't a much more expensive list price, (32k IIRC).

Kartale

i see Hyundai have knocked 1,000's off their models. €7000 off a Santa Fe ! - even if it is a manual 5 seater. I imagine dealers with 07 & 08 models for sale will be rightly pissed off.
I suppose the balance to change would still be similiar

Stevie Dakota

Renault have cut their prices too. Between dealer discounts and Renault cashback you could get €5500 of a Laguna.

niceirishfella

Audi A6 2.0TDI specced up for 39k, Hyundais going cheap, Kias cheap, Opels doing deals,VW's doing deals, is there anyone whose not?

niceirishfella

Stevie Dakota wrote: »

Renault have cut their prices too. Between dealer discounts and Renault cashback you could get €5500 of a Laguna.

You'd need it too(multiplied by 5) to take one of those yokes away!:p

Padraig Mor

niceirishfella wrote: »

Audi A6 2.0TDI specced up for 39k,

Cheapest A6 list price I see is €42300 (pauper spec). Am I missing something??

fm

Padraig Mor wrote: »

Cheapest A6 list price I see is €42300 (pauper spec). Am I missing something??

on yesterdays s. times a6 for 39k,i think it was the se model

niceirishfella

fm wrote: »

on yesterdays s. times a6 for 39k,i think it was the se model

Thanks fm,:)
yep, in the times yesterday.

Bee

A good pal tells me Murphy and Gunn are seling UK imports e.g. new styles (deep yawn!) Avensis's, decent spec at a lower price than the equivalent Irish spec

Are all Toyota dealers doing the same now?

I suppose if you can't beat them join them. (Think Frank Keane BM Double U's)

Presumably the dealerships makes up the difference with a lower trade in price?

Or if not what's the catch with the deal?

-Chris-

Bee wrote: »

Presumably the dealerships makes up the difference with a lower trade in price?

Trade-in prices will be based on what the cars are worth, or what the dealer thinks think they can sell them for.

The increase in imports in the current market (especially by dealers) is a double edged sword - by importing rather than buying from the Irish distributor, the dealer has a larger profit margin, so they can give a better trade-in value (propped up by the additional profit).
On the other hand, the more cars that are imported from the UK, the more pressure they'll put on the pricing of Irish second-hand cars.

The fact that so many cars are being imported for "cheap" due to the new VRT rates & advantageous exchange rate, directly impacts on the value of cars that are already on the ground.
This makes it more likely for a non-importing dealer to give a lesser trade-in value than an importing dealer, which makes it more necessary for more dealers to jump on the importing bandwagon, which increases the number of cars being imported, which further depresses used car values, which makes it more likely for dealers to jump on the importing bandwagon... ad infinitum!

</OT>

carrollmark

So Chris ...

Would you suggest that someone (like me) who's trading up single out those dealers who are importing as they're the ones currently ofering the best trade in values ...

I'm actually after an Audi so if you can help me find one, send me a PM or email.

Padraig Mor

fm wrote: »

on yesterdays s. times a6 for 39k,i think it was the se model

Cheers - just had a look and it's hidden away on their website alright.

-Chris-

carrollmark wrote: »

So Chris ...

Would you suggest that someone (like me) who's trading up single out those dealers who are importing as they're the ones currently ofering the best trade in values ...

Wow, I don't know how to answer that question!

Pragmatically, I see a pricing advantage from buying an import, but ever fiber of my body says that the current importing phenomenon will bring the Irish motor industry to breaking point, and will cost a lot of jobs before the dust settles and the cream rises to the top.