Cars from Trade sales

newbielainey

Wondering if anyone has bought a car that originated from trade sales. I am currently looking to buy a Skoda Octavia, during my hunt I came across a car in a dealers 2012 but with 37K miles. It is 19,500 if trading in or 17,500 straight. I was also told it is still under manufacturer warranty until 2015 as its a 3 year one. The garage is not a main skoda dealer. Anyway, just wondering if anyone has ever bought a car that came from a trade sale. The salesman said they get to buy these at a good price and so can sell on for a good price. He thinks it was a company car as opposed to a hire car. Anyway, anyone bought something along the same lines and what was your experience after purchase!!! All experiences welcome

dgt

Trade price or auction?

Toyotafanboi

so basically you are looking at buying a 2012 (potentially ex company/ fleet) car from a dealer?

with cash or with a trade in?

newbielainey

yeah it was trade price and i think id just go with a trade in than trying to sell my own privately...

Toyotafanboi

you are confusing terminology i feel.

there is a large difference between "trade price" and "trade in price".

so basically he is offering the car to you for 19500, less your trade in's value then. a perfectly regular sale?

Anan1

Forget about this 'trade sale' business - all it means is that one garage sold the car to another. Look at the car the same way you would any other - is it what you want, and is it fairly priced?

newbielainey

toyatofanboi...what it is, is that - the garage bought it at a trade sale for a good price. trade sale cars are usually either ex-company or hire cars. I am also going doing it as a trade in as I want to get rid of my own car. So im really just wondering if anyone else bought a car that was from a trade sale ie ex-hire/ex-company and how was their experience!

newbielainey

well anan1 i am just wondering when it was not just 1 owner maybe in the past but has been used as a company or hire car, do people find they have anymore problems etc with these than cars that had 1 owner!

Anan1

newbielainey wrote: »

well anan1 i am just wondering when it was not just 1 owner maybe in the past but has been used as a company or hire car, do people find they have anymore problems etc with these than cars that had 1 owner!

That really depends on the driver, but a private owner is generally considered to be preferable. Who was this car first registered to?

Toyotafanboi

newbielainey wrote: »

toyatofanboi...what it is, is that - the garage bought it at a trade sale for a good price. trade sale cars are usually either ex-company or hire cars. I am also going doing it as a trade in as I want to get rid of my own car. So im really just wondering if anyone else bought a car that was from a trade sale ie ex-hire/ex-company and how was their experience!

a "trade sale" is a motor trader picking up a car from another motor dealer afaik.

for example buying a car in from another garage into their own, buying a car in from auction, a garage obtaining a car from most other means than a trade in would be a trade purchased car.

this is not something i would worry about, it's just confusing your situation.

if you are concerned over the cars past. i would check for a service history and i would do a motorcheck report on it. these 2 things will tell you most likely everything you will need to know.

newbielainey

well thanks to you both for those - must check who it was registered to and will look into the motorcheck. I am going to see it on saturday but wanted to have a few things in my head before i go in terms of what i want to find out! I know it has a full service history so i must just see it. Thanks for the advice :-)

Toyotafanboi

Well a full service history is a good sign. what kind of mileage is on it?

newbielainey

37,000KM....mind you from ringing around there it seems like a lot of cars available for that price that are UK imports...