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2nd hand car prices

  • 29-11-2010 3:36pm
    #1
    Registered Users, Registered Users 2 Posts: 90 ✭✭


    How realistic are the car prices from dealers on the likes on carzone.ie?

    If I see a car for €11k and I see several cars with roughly the same mileage from the same year around the same price can I expect to pay that amount for it?

    How negotiable are the 'sticker prices'?

    I'm being offered a trade in price for my car, but it's not a great car and is in need of a lot of work. I'm wondering would a dealer offer me the car he's selling at the price he's offering me with the trade in if I walked in off the street with cash and no car to trade in and just haggles with him.

    Anyone have experience of this recently?


Comments

  • Banned (with Prison Access) Posts: 32,865 ✭✭✭✭MagicMarker


    Details details details.

    What car are you looking at and what price is the dealer asking for?
    What car are you trading in and what is the dealer offering you for it?


  • Registered Users, Registered Users 2 Posts: 51,360 ✭✭✭✭bazz26


    You will definately drive a better bargin if you walk in with cash looking for a straight deal. At the moment with the uncertainty around the economy now is the time to buy if you have cash in your pocket.

    I bought my new car on Friday after recently selling my old one privately. The price of the new car minus the amount I got for my old car is definately less than the cost of trading my old car in against the same car. If your car needs work done to it to make is sellable then the dealer is going to offer you even less for it as the repairs will eat into the profit he hopes to make from it.

    My recommendation would be to either fix your current car and sell it privately. If you do not want to fix it then sell it as it is cheap. You will still make a saving from the discount you will get off the new car for not having a trade-in.


  • Registered Users, Registered Users 2 Posts: 90 ✭✭devilsad


    Thanks.

    Ford C-max 2007 1.6 diesel 82k mileage for €11k

    Trading in Ford Mondeo estate 2002 80k mileage. He's offering €1,500.


  • Closed Accounts Posts: 965 ✭✭✭johnr1


    In my experience, Carzone is the website for people with crazy hopeful prices for their cars. Stuff stays there for months at totally unrealistic prices. Donedeal on the other hand seems to have stuff priced to sell.
    However I have heard horror stories about some stuff on this site.
    Tbh it depends - on your own knowlege of cars, is your own car really as bad as the dealer is telling you ? or has it left you down a lot or out of pocket a lot in which case you know better than anyone what it is likely to do next. There is no better indicator of future performance than past performance. I have noticed prices that are waaay high on the windows of stuff in forecourts recently but on the other hand, secondhand prices are definitely hardening. I recently sold a van for more than I would have got at any time in the last two years for it. I bought an Avensis 1.6 98 with two years test on it for 750 euro the other day and I know I would be advertising it at 1300 euro if I were selling today.
    What I am trying to say here is that if you for example are buying a car for 11,000 and trading something for 1500 you might do better to buy at 10,300 and sell yourself for around 1,200 which should be easily achievable (even without a test) if a dealer offered you 1500 trade in. He would have been building in prob 800 to get yours roadworthy anyway.
    Hope this helps.


  • Closed Accounts Posts: 965 ✭✭✭johnr1


    While I was replying there, another said exactly what I was saying in half the words. :D


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  • Registered Users, Registered Users 2 Posts: 9,209 ✭✭✭maximoose


    johnr1 wrote: »
    In my experience, Carzone is the website for people with crazy hopeful prices for their cars. Stuff stays there for months at totally unrealistic prices.

    +1

    I have to check current carzone prices regularly for my job and a lot of the figures on it, mainly from private sellers mind, are ridiculous. People completely oblivious to what their car is actually worth advertising it for stupid money.


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