Cash For Cars , We Buy any Car etc

jmcc99_98

Hi Guys,

Mrs is trying to sell car and having little takers. I spotted that there are a few cash for cars websites based in Ireland cashforcars.ie cashcars.ie etc etc

Does anyone have an knowledge on these firms? Are they reputable, what are the catches etc?

Stheno

I'd be wary of them unless they do the paperwork and either fill out the logbook for YOU to post off, or give you a cert of destruction

What's the make, model and year of the car?

djimi

Drop the asking price; youll get more takers and still end up better off than using any of those companies.

jmcc99_98

Its a 2006 Peugeot 307 Zenith 1.4 Petrol, 100k Kms, 5 Dr - Good Nik etc etc

Stheno

jmcc99_98 wrote: »

Its a 2006 Peugeot 307 Zenith 1.4 Petrol, 100k Kms, 5 Dr - Good Nik etc etc

Have you a link to your ad?

jmcc99_98

@djimi - already asking a very very reasonable price. Probably the lowest I have seen on the web for the same car

djimi

jmcc99_98 wrote: »

@djimi - already asking a very very reasonable price. Probably the lowest I have seen on the web for the same car

If noone is enquiring about buying it then you are not asking for a reasonable price! You want to shift it then you need to ask for less, its the harsh truth Im afraid.

jmcc99_98

Stheno wrote: »

Have you a link to your ad?

http://www.donedeal.ie/for-sale/cars/4233040

bazz26

jmcc99_98 wrote: »

@djimi - already asking a very very reasonable price. Probably the lowest I have seen on the web for the same car

Well these cash for cars places will probably offer you almost half of what you are asking for it at the moment. They buy them at below trade prices so that they can sell them on and still make a profit. They are the pawn shops of the motor trade and I'd only use them as a last sign of desperation.

In my experience if the car is not getting any interest then either it is priced too high, not very desirable or the advert is presented wrong. Why not publish the advert and people can offer advice on how to make it more sellable?

Stheno

jmcc99_98 wrote: »

http://www.donedeal.ie/for-sale/cars/4233040

Certainly not the cheapest if you search for 2006 307s on donedeal

Also, the ad isn't great, the photos are poor, it looks like they were taken in a car park, and are too far away, you need better close up shots of the car at least.

jmcc99_98

bazz26 wrote: »

Well these cash for cars places will probably offer you almost half of what you are asking for it at the moment. They buy them at below trade prices so that they can sell them on and still make a profit. They are the pawn shops of the motor trade and I'd only use them as a last sign of desperation.

In my experience if the car is not getting any interest then either it is priced too high, not very desirable or the advert is presented wrong. Why not publish the advert and people can offer advice on how to make it more sellable?

Ok we are in need of cash but not that much that we would let it go for half the asking price.

I have put a link to the advert above. It is on CBG and Adverts also. Any tips etc would be welcome. She is asking €4500, but obviously there is a bit of wiggle room in that. Any advice on the ad would be appreciated. I put the ad up for her so would like to make sure that the ad is working as hard as it can

bazz26

Ok, the photos are poor imo, you need to take better photos where half the car is not cropped out of the frame. Also the advert is only 7 days old, sometimes it can take ages to sell a car irrespective of the price, especially a petrol one these days where everyone wants a diesel.

You also have to look at the time of year, most people are focused on Christmas and nothing else at the moment. Another factor is that people will not make a decision until they see the outcome of the budget as motor tax will most likely increase along with fuel prices so people are apprehensive of that.

jmcc99_98

@Stheno - The photos were taken in a car park, What is the problem with that? Where would you suggest I take the photos (I am not been a smart ass asking these questions, I genuinely dont know) I take your point regarding the photos, I will look at taking better photos, what are the best type of photos to take

@bazz26 Thanks, yeah it appears the photos are not good enough (I thought they were brilliant :o)

Alanstrainor

Tbh, I dont think the photos are that bad. It shows the car, the interior and the nct cert. You could do better, and get photos that cover the whole exterior, and the same interior shots. And take them after the car has been washed, polished and waxed. But I dont think it's the pictures that are this ads downfall.

I'm not all that clued in on the pricing side, so can't comment.

Henry Ford III

http://cars.donedeal.ie/for-sale/cars/4018245

Diesel, wagon, and a grand cheaper. Probably a snotter but it'll be in demand.

jmcc99_98

Cheers @HenryFord - Im at work and cant access done deal, will have a look at them when I get home. I had been told by the local Peugeot Dealership that the book price was €5,200 for the car, hence we undercut it and some. But perhaps we may need to look at it again.

eirator

jmcc99_98 wrote: »

@Stheno - The photos were taken in a car park, What is the problem with that? Where would you suggest I take the photos (I am not been a smart ass asking these questions, I genuinely dont know) I take your point regarding the photos, I will look at taking better photos, what are the best type of photos to take

@bazz26 Thanks, yeah it appears the photos are not good enough (I thought they were brilliant :o)

I ignored a load of cars recenlty when we were buying that I might have looked at that were photographed in a car park, and concentrated on cars that were pictured on someone home drive.

So if you have somewhere to park it so you can take a picture that shows its a faimily car parked on a families parking space then it might help people think the car is a genuine sale and not a dealers car.

Otherwise the photos would have been good enough for me to take a look if its was what we were looking for.

Price? Its only a starting point and I wouldn't think it was miles off.

Stheno

eirator wrote: »

I ignored a load of cars recenlty when we were buying that I might have looked at that were photographed in a car park, and concentrated on cars that were pictured on someone home drive.

I'm the same, is why I commented on it, the other cars on a search in donedeal for 2006 307s on the first page were all outside a house/in a housing estate.

I tend to think private dealer if I see photos in a car park etc.

The car park was more offputting than the photos of the car.

jmcc99_98

Stheno wrote: »

I'm the same, is why I commented on it, the other cars on a search in donedeal for 2006 307s on the first page were all outside a house/in a housing estate.

I tend to think private dealer if I see photos in a car park etc.

The car park was more offputting than the photos of the car.

Thanks @Stheno and @eirator - I never thought that people would think it was a dealer selling the car or even that they would care. I will change the photos this weekend.

Anything about the description of the car I should consider changing?

djimi

I doubt the location of a picture on an ad would put me off provided the picture itself was decent and showed what I wanted to see. Id be more off put by the gob****es who take pictures of their cars in water and other such ****wittery, or the muppets who put up 12 photos, all taken at night...

Stheno

jmcc99_98 wrote: »

Thanks @Stheno and @eirator - I never thought that people would think it was a dealer selling the car or even that they would care. I will change the photos this weekend.

Anything about the description of the car I should consider changing?

One thing that might be useful is to take note of how the ad looks both in a search and in the full ad.

In a search it's the first few lines of the ad that is displayed.

So if you search donedeal for 2006 307s a lot of the ads in the search results have the likes of "NCT to Feb 2014," then they list some of the features.

Maybe change your wording around to have stuff like NCT to 2014, full dealer service history, low mileage, show up when it's listed with others on a search? I.e. try to maximise the information people see when it's there in a list that might make them more likely to click into yours to get the full detail?

September1

Consider removing some of negotiation buffer from price, see also how you fare against similar cars of different brand like Megane or Bravo. I think few people buy cars just before Christmas, so do not get too desperate with price as low demand might be seasonal factor.

corktina

ad looks fine to me. Not my tasse de thé but i would notice it if i was looking. How about a video?

jmcc99_98

Thanks @CorkTina @September @dJimi @ Stheno

Ill take on board what ye have said and might try to update the ad at the weekend when I can get some sunlight to take new photos.

R.O.R

jmcc99_98 wrote: »

Cheers @HenryFord - Im at work and cant access done deal, will have a look at them when I get home. I had been told by the local Peugeot Dealership that the book price was €5,200 for the car, hence we undercut it and some. But perhaps we may need to look at it again.

December's book value is (slightly) less than you are asking. November was actually a shade under your advertised price as well, so I'm not sure which book your local dealer was looking at.

About €3,000 should see it sell. I'd say you'd be lucky to see more than €1,000 from a cash for cars place.

Hailhail1967

Its a petrol peugeot, that will be the problem. Can't imagine there being a big market for them. Everyone wants reliability and diesel at the minute.

I was half pleased when someone drove up the hole of our 206. Saved us having to shift it.

joe 77

You need better pictures, you cant see the whole car , first thing that comes to my mind when I look at the ad is that you are trying to hide something on the car by not showing a pic of the whole car, maybe a side profile of the car might help. I personally don't see the point of the pic with all the doors and boot open, just would'nt do anything for me. Also I think you will seriously struggle to get your asking price. This is only my opinion and I dont claim to be an expert. Good luck with the sale

jmcc99_98

Thanks @HailHail @joe77 and @ROR

I think I will take more photos this weekend, the video idea is a good one too. I will also have a good think about the price. I think €3950 might be closer the mark?

keithclancy

A company that has flashy ads on TV is hardly going to give you a good price.

September1

I think lower price is important, maybe even more important than anything else. Keep in mind that you do not sell your cars to people on boards and regular buyers are mostly price sensitive, hence it is wise to stop servicing car a year or so before selling and then pass savings to buyers. You can have fancy photos or videos, but very few people would look for that on donedeal in this price range. Some buyers could even be scared that it looks too professional.

Find a cheapest 1.4 petrol compact car from this year (in reasonable state) and see how long it will stay there. If it sold within month than price was most likely right. Go with that price and do not be tempted to lower it when buyers comes too much, as you already have reasonable offering. Oh and have car taxed so it can be test driven and driven easily back home by new owner.

Having said that I would like to repeat that current lack of interest could be also related to December, people anxious before budget and so on.

djimi

Having seen your ad and looked at other models online I dont think the price is that much of an issue (take a look on Carzone for example; most are more expensive than your car, even private sellers).

I think you just need to face the reality that the car has only been for sale for a week at a time of year when noone really wants to buy cars. Unless you need to shift it quickly I would spruce up the ad with some better pictures and wait it out until January to see if any interest gets generated.

bbam

The economics of selling cars is very basic. The car isn't worth what you think, it's worth what someone looking for that car is willing to pay. So you need to start dropping the price until you find a level where some interest appears.
I'd suggest dropping in €200 increments. Drop it, wait a week and if there is no interest then drop it again.

Also remember that people buying private are expecting a bargain as there is no warranty or comeback, sold as seen. Taking this into account the car seems overpriced, like it or not I'd think it needs to be under €4k.

As for the websites they'll offer you little over half it's value, my sister approached a few and in the end dropped the price by €500 and still had €1k more than cash for cars offered.