Trading in a 2010 Honda Civic

AntiVirus

Hi,

My partner is looking to buy a new car worth 30k (Trade in + Cash) The car she is trading in is a 2010 Black Honda Civic 1.4 petrol SE with just under 55,000 kilometres on the clock. It's in excellent condition which she bought new from Honda. A dealer has offered her 10k which I think is a bit low?

I would have thought she would be offered at least some where in between 11k -> 12k. The car is in great condition and I can't imagine it would be hard for a dealer to sell it on?

Any thoughts?? Thanks

MuppetCheck

Herself bought one last year from a garage, full history, new tyres for a shade over 9k. Admittedly twice the mileage but by the time you take any servicing, tyres, valeting and repairs into account a 20k cost to change isn't all that outrageous.

Price the same car in multiple dealers. Some will offer more discount than others. Don't worry when shopping around about what they are giving you. It's all about the cost to you for the new car.

AntiVirus

MuppetCheck wrote: »

Herself bought one last year from a garage, full history, new tyres for a shade over 9k. Admittedly twice the mileage but by the time you take any servicing, tyres, valeting and repairs into account a 20k cost to change isn't all that outrageous.

Price the same car in multiple dealers. Some will offer more discount than others. Don't worry when shopping around about what they are giving you. It's all about the cost to you for the new car.

9K a year ago?? Even now 1 year after you bought that car, no dealers are selling a 2010 Honda civic for anywhere near 9k? and you bouight that last year??

There must be something up with that car, there's no other explanation why a garage would have drop that price so so low compared to anywhere else? You must have noticed this

George Dalton

Dodgy dealer I reckon :pac:

Atlantic Dawn

It's 5 years old, a brand new one is €22k for the base model, if your getting €10k for it as trade in I would take it.

MuppetCheck

AntiVirus wrote: »

9K a year ago?? Even now 1 year after you bought that car, no dealers are selling a 2010 Honda civic for anywhere near 9k? and you bouight that last year??

There must be something up with that car, there's no other explanation why a garage would have drop that price so so low compared to anywhere else? You must have noticed this

Absolutely nothing wrong with it. Its a higher spec 1.8 ES but still has the all important low tax too. Given her car is 5 years old expecting it to be worth half the new price is stretching it.

bazz26

The only way to know if your getting a good deal is by shopping around. Go to a dealer selling a similar car and see how much they want with the Civic to trade up.

nd

The father changes his car(fiesta) every two years. And the last two times he's changed he sold it privately and got a bit over 1k more than the garage was offering as a trade in.

AntiVirus

MuppetCheck wrote: »

Absolutely nothing wrong with it. Its a higher spec 1.8 ES but still has the all important low tax too. Given her car is 5 years old expecting it to be worth half the new price is stretching it.

Her can wasn't 5 years old when she bought it. You said she bought it last year for 9k so her car was 4 years old when she bought it. Try to find a 4 year old Civic from any dealer in the country selling it for 9k, you wont.

Why?

There must be a reason the 1.8 higher spec civic was sold for peanuts.

Surely you noticed the massive price difference?

AntiVirus

bazz26 wrote: »

The only way to know if your getting a good deal is by shopping around. Go to a dealer selling a similar car and see how much they want with the Civic to trade up.

Honda did offer 11 - 12 to trade up depending on the condition. That's where she bought the car from and they remember her.

colm_mcm

There would be differences between asking and selling prices.

Also, IIRC Muppetcheck wasn't trading a car in against the civic.

AntiVirus

nd wrote: »

The father changes his car(fiesta) every two years. And the last two times he's changed he sold it privately and got a bit over 1k more than the garage was offering as a trade in.

I'm thinking of getting her to do this. It's in perfect condition and should sell easy enough and its low mileage.

AntiVirus

colm_mcm wrote: »

There would be differences between asking and selling prices.

Also, IIRC Muppetcheck wasn't trading a car in against the civic.

So what your saying is a dealer would rather knock over 3k of a car and sell it for 9k cash rather than sell a new car for 31k and take 20k cash???

Have a look and see if you can find a 4year old 1.8 civic for 9k or anywhere near it??

I'm convinced there's something up with that civic??

bazz26

Is it being traded in against a brand new car or another used car?

Here is a low mileage 2010 Civic asking €11,450:
http://www.driving.ie/used-cars/Honda/Civic/1.4-I/161714310767457760/

Now someone coming in buying straight with no trade in will most likely buy that car below €11k. So when you take into account that the dealer has to prep that car for resales and give a warranty €10k doesn't sound bad as a trade-in but if the car you are trading it in against is used also it will depend on how well that car is priced. When trading a car against another used car then the cost to change price is more important than the trade-in value of your old car.

colm_mcm

AntiVirus wrote: »

So what your saying is a dealer would rather knock over 3k of a car and sell it for 9k cash rather than sell a new car for 31k and take 20k cash???

Have a look and see if you can find a 4year old 1.8 civic for 9k or anywhere near it??

I'm convinced there's something up with that civic??

I did, and bought one (3 years ago though)
That's beside the point though.

I think you should sell privately.

AntiVirus

colm_mcm wrote: »

I did, and bought one (3 years ago though)
That's beside the point though.

I think you should sell privately.

It's not besides the point!

When looking to sell a car people compare prices to whats on the market now to a similar car that they are selling to get a "guide" line figure.

Go and find me a four year old civic now selling for 9k or nearer from a dealer now. You won't, you'll check but you will not post one back here.

I do agree that selling private maybe the best option for her

AntiVirus

bazz26 wrote: »

Is it being traded in against a brand new car or another used car?

Here is a low mileage 2010 Civic asking €11,450:
http://www.driving.ie/used-cars/Honda/Civic/1.4-I/161714310767457760/

Now someone coming in buying straight with no trade in will most likely buy that car below €11k. So when you take into account that the dealer has to prep that car for resales and give a warranty €10k doesn't sound bad as a trade-in but if the car you are trading it in against is used also it will depend on how well that car is priced. When trading a car against another used car then the cost to change price is more important than the trade-in value of your old car.

That's almost identical to hers only hers is black! That is also a much higher mileage car, almost 80km on that clock where as her's is only almost 55km but still its a good example.

The car she is looking to buy is about 31k so she is also handing over 20k in cash, no finance just cash.

If I'm going to splash out 20,000 euro's on a new car and the deal offers me 10k for a Civic when they are selling the same model one in there one yard for 13k which is a higher mileage car I'd be expecting to get more than 10k.


But going by what a couple of other posters are saying here they had no problems find a 4 year old civic for 9k and you've just posted a 5 year old civic thats going for 11.5k :eek:

So whats going on then???

MuppetCheck

AntiVirus wrote: »

Have a look and see if you can find a 4year old 1.8 civic for 9k or anywhere near it??

I'm convinced there's something up with that civic??

You seem to have your knickers in a twist because your car is worth less than you want it to be.

4 year old Civic, full history, 6 month warranty and 4 new Bridgestones for €9,150 from a reputable garage.

Just because they're advertised for one price doesn't mean they sell for it.

Stheno

AntiVirus wrote: »

That's almost identical to hers only hers is black! That is also a much higher mileage car, almost 80km on that clock where as her's is only almost 55km but still its a good example.

The car she is looking to buy is about 31k so she is also handing over 20k in cash, no finance just cash.

If I'm going to splash out 20,000 euro's on a new car and the deal offers me 10k for a Civic when they are selling the same model one in there one yard for 13k which is a higher mileage car I'd be expecting to get more than 10k.


But going by what a couple of other posters are saying here they had no problems find a 4 year old civic for 9k and you've just posted a 5 year old civic thats going for 11.5k :eek:

So whats going on then???

There's a fair few 2010 civics with list price of less than 11k on carsireland. On a cash/no trade in deal they'd probably go for less than ten

George Dalton

Just as an aside and for the benefit of the OP, we sold that 2010 1.8 Civic to Muppetcheck's OH last November for a shade over €9k as he mentioned. The car is 100% legit and was a one owner car with full history all from the local Honda dealer apart from the last service which was done by a local one man indy.

We traded it in against an Audi A4 and gave a trade in of €9k on it. We didn't have to spend much on it to prep it for sale, a set of tyres, a valet and a set of mats was about the height of it. It had just been serviced and NCT'd literally the week before being traded in.

We advertised it for €10500 IIRC with the aim of getting €9250.

Negative points versus the OP's car:
It had double the mileage.
It was/is in decent condition cosmetically but certainly not immaculate by any means (then again the OP's Civic may not be any better)
It is a 1.8 which means higher tax (€390 vs €280) and possibly higher insurance depending on the driver.

Positive points versus the OP's car:
It is a 1.8 which means it is a far superior car to the 1.4 for someone who is bothered about such things.

Overall given the above I think that 6 months down the line a trade in of €1000 extra for your car is not far off the mark TBH.

CiniO

I bought my civic 2 years ago. It was 4 years old (3.5 to be precise) diesel version 2.2.
Cost me 10k. However it was from UK, not Irish dealer.

bazz26

AntiVirus wrote: »

That's almost identical to hers only hers is black! That is also a much higher mileage car, almost 80km on that clock where as her's is only almost 55km but still its a good example.

The car she is looking to buy is about 31k so she is also handing over 20k in cash, no finance just cash.

If I'm going to splash out 20,000 euro's on a new car and the deal offers me 10k for a Civic when they are selling the same model one in there one yard for 13k which is a higher mileage car I'd be expecting to get more than 10k.


But going by what a couple of other posters are saying here they had no problems find a 4 year old civic for 9k and you've just posted a 5 year old civic thats going for 11.5k :eek:

So whats going on then???

But it's not selling for 11.5k, the garage is asking 11.5k for it. Asking prices are not selling prices. If that garage gave a 1k cash discount (just an example) on that car for a straight dean then they would sell it for 10.5k. So then they would have to buy the car from the previous owner for less than 10.5k in order to retail it, put a warranty on it and make a profit on it.

AntiVirus

George Dalton wrote: »

Just as an aside and for the benefit of the OP, we sold that 2010 1.8 Civic to Muppetcheck's OH last November for a shade over €9k as he mentioned. The car is 100% legit and was a one owner car with full history all from the local Honda dealer apart from the last service which was done by a local one man indy.

We traded it in against an Audi A4 and gave a trade in of €9k on it. We didn't have to spend much on it to prep it for sale, a set of tyres, a valet and a set of mats was about the height of it. It had just been serviced and NCT'd literally the week before being traded in.

We advertised it for €10500 IIRC with the aim of getting €9250.

Negative points versus the OP's car:
It had double the mileage.
It was/is in decent condition cosmetically but certainly not immaculate by any means (then again the OP's Civic may not be any better)
It is a 1.8 which means higher tax (€390 vs €280) and possibly higher insurance depending on the driver.

Positive points versus the OP's car:
It is a 1.8 which means it is a far superior car to the 1.4 for someone who is bothered about such things.

Overall given the above I think that 6 months down the line a trade in of €1000 extra for your car is not far off the mark TBH.

Thanks for the details response :-) It looks like he got a bargain from you then :-)

Do you think she would get a better price if she sold her car privately then went in with 30k cash and negotiated a better price?

or

Went in with 20k cash and negotiated a higher trade in value for her car?

Which in your opinion would be best for her??

Stheno

AntiVirus wrote: »

Thanks for the details response :-) It looks like he got a bargain from you then :-)

Do you think she would get a better price if she sold her car privately then went in with 30k cash and negotiated a better price?

or

Went in with 20k cash and negotiated a higher trade in value for her car?

Which in your opinion would be best for her??

Sell privately and do a cash deal

AntiVirus

Also I'd like to thank ever one for posting there opinions and advice It's been very interesting and I've learned a lot too

AntiVirus

MuppetCheck wrote: »

You seem to have your knickers in a twist because your car is worth less than you want it to be.

4 year old Civic, full history, 6 month warranty and 4 new Bridgestones for €9,150 from a reputable garage.

Just because they're advertised for one price doesn't mean they sell for it.

No not at all! I'm just jealous that you got a great bargain!

I don't know much about selling or buying price's so I'm just going on what prices I see.

A car is worth only what you are willing to pay and you did get a great price so well done

Cee-Jay-Cee

AntiVirus wrote: »

So what your saying is a dealer would rather knock over 3k of a car and sell it for 9k cash rather than sell a new car for 31k and take 20k cash???

Have a look and see if you can find a 4year old 1.8 civic for 9k or anywhere near it??

I'm convinced there's something up with that civic??

Just because someone sold a car cheaper than usual doesn't mean there's something wrong with it, what a ridiculous comment!

You have no idea what the car owed the dealer, maybe he done a really good deal (for him) on it and it owed him very little and so he blew it out for a small profit, it does happen! To automatically assume there's something wrong with it just because a year later you can't find a similar spec car for similar price is stupid.

George Dalton

AntiVirus wrote: »

Thanks for the details response :-) It looks like he got a bargain from you then :-)

Do you think she would get a better price if she sold her car privately then went in with 30k cash and negotiated a better price?

or

Went in with 20k cash and negotiated a higher trade in value for her car?

Which in your opinion would be best for her??

Why not just ask for both prices? Then you know exactly where you stand.

If you know both the straight deal price and the trade in price then you know the break even point in terms of what you need to get back for your own car selling privately.

So if for argument's sake the cost to change with the trade in is €20k and the straight deal is €29k then you know that if you can realise any more than €9k by selling your car privately then you will save money. If you can't then you will be better off trading it in.

Of course you also have to weigh up the hassle of selling the car versus the saving to be made. So if you have to spend 2-3 weeks dealing with every timewaster and gobsh1te off Donedeal making lowball offers and offering trade ins and swaps of all sorts of crap in order to finally manage to get €9500 for the car then is it really worth the saving when you could have just traded the car in for the €9k with no hardship?

I personally think that once you go about about €6-7k then the private sale market is quite limited and very often you don't save anything over trading in.

Atlantic Dawn

With full history and those low miles you should sell it quick private once you price it right, the cash will allow a better discount when buying from a dealer.

AntiVirus

Cee-Jay-Cee wrote: »

Just because someone sold a car cheaper than usual doesn't mean there's something wrong with it, what a ridiculous comment!

You have no idea what the car owed the dealer, maybe he done a really good deal (for him) on it and it owed him very little and so he blew it out for a small profit, it does happen! To automatically assume there's something wrong with it just because a year later you can't find a similar spec car for similar price is stupid.

It's far from stupid to think there must be something wrong with a car if its going for a lot cheaper than any other similar cars. Lots of people have been stung buying cars that seemed like a bargain.

But this does go to prove that there are still plenty of good bargains out there and he did get a very good deal.

AntiVirus

George Dalton wrote: »

Why not just ask for both prices? Then you know exactly where you stand.

If you know both the straight deal price and the trade in price then you know the break even point in terms of what you need to get back for your own car selling privately.

So if for argument's sake the cost to change with the trade in is €20k and the straight deal is €29k then you know that if you can realise any more than €9k by selling your car privately then you will save money. If you can't then you will be better off trading it in.

Of course you also have to weigh up the hassle of selling the car versus the saving to be made. So if you have to spend 2-3 weeks dealing with every timewaster and gobsh1te off Donedeal making lowball offers and offering trade ins and swaps of all sorts of crap in order to finally manage to get €9500 for the car then is it really worth the saving when you could have just traded the car in for the €9k with no hardship?

I personally think that once you go about about €6-7k then the private sale market is quite limited and very often you don't save anything over trading in.

Thanks George, you made some very good points. The one thing I didn't think about was all the time wasters and tyre kickers making stupid offers etc..

She wants to go for a test drive next weekend so I'll go in with her next week and ask the dealer about a price for trade in and cash and see what's the best he's willing to do for both

Thanks again for you help and advice :-)

NIMAN

Was thinking about a Civic in the summer.

What sort of cash price you have in mind OP?

Pm if you prefer

George Dalton

Atlantic Dawn wrote: »

With full history and those low miles you should sell it quick private once you price it right, the cash will allow a better discount when buying from a dealer.

You won't necessarily save money though.

Disregard old cars, cheap cars (sub €6k) or cars that are otherwise unappealing to a dealer for the moment as they aren't really relevant to the OP.

Given 2 similar cars, one from a dealer and one for sale privately, the dealer will almost always be able to command a higher price for the car.

This is because the private seller is limited to a pretty small subset of the car buying public. The private seller must find someone who is:

1. Buying straight with no trade in.
2. In a position where they have the cash on hand and don't need finance.
3. Either confident or trusting enough to be comfortable handing over a large sum of money with no possibility of warranty or comeback.

Those 3 criteria will rule out a lot of people, and the higher the value of the car in question the higher the percentage of people will be ruled out.

So generally speaking the higher the value of the car the greater the difference in price between private and dealer sales for like for like cars.

I reckon on a €10000 car the gap is close to €1000, this is enough to offset the majority of any perceived saving to be made by selling privately.

AntiVirus

NIMAN wrote: »

Was thinking about a Civic in the summer.

What sort of cash price you have in mind OP?

Pm if you prefer

Hi NIMAN, I'm not sure what she is looking for but I'll know more next weekend after we've spoken to the dealer and I'll PM you to let you know.

brettg

Hi ANTIVIRUS,
Is your girlfriends' Civic Sold or traded in at this stage. If not then I would be interested in it.

AntiVirus

We are actually going to a dealer this weekend to see what's the best offer they can do for cash or trade in.

I'll let you know after :-)

Thanks

AntiVirus

Hi All,

I just thought I'd post back an update. We went to another dealer to look at the same car. This dealer was much nicer and seemed very keen to help, actually they all did there.

He tolds us everything about the car she was looking to buy, brought us out to show us one and also gave us the keys to a demo model to take for a spin. When we got back we sat down and he gave us a price for cash and for trade in. He also offered 11,500 for the Honda as a trade in.

I will post back with more detail once the deal is done and once again I'd like to thank every one for the replies and opinions especially George Dalton and MuppetCheck

MuppetCheck

You're getting the discount added to the trade in price. Compare the prices carefully against the straight sale price but on the face of it that's very competitive.

AntiVirus

MuppetCheck wrote: »

You're getting the discount added to the trade in price. Compare the prices carefully against the straight sale price but on the face of it that's very competitive.

Thanks MuppetCheck, It does look like a good deal and I think we can get the price down a bit more but on the face of it it's a hell of a lot better than the other garage.

What I find odd is that the dealer in the other garage took her details and never even bothered to call her back? Not that it matters as I don't think he would have made the same offer

I'll come back with more details after the deal is done

bonzos

CiniO wrote: »

I bought my civic 2 years ago. It was 4 years old (3.5 to be precise) diesel version 2.2.
Cost me 10k. However it was from UK, not Irish dealer.

How do you find the 2.2? I drove the accord 2.2 and liked it alot but I notice it gets overlooked due to the new 1.6 diesel

CiniO

bonzos wrote: »

How do you find the 2.2? I drove the accord 2.2 and liked it alot but I notice it gets overlooked due to the new 1.6 diesel

I find it very good, solid, reliable engine and powerful enough for that car.
8th generation civic has no DPF (in most cases) so one less problem to worry about.

However if I was to choose again, I'd go for 1.8 petrol, which provides the same power and acceleration - but that's purely to my own preference of petrol engines.

colm_mcm

I'm kinda gone the other way cinio, wouldn't mind a diesel one instead of the 1.8.
The 1.8 is quick enough, but it's a lot of bother with gear changes and revving and all that!

I'll probably be over this in a few days. Maybe just getting the itch to change,

CiniO

colm_mcm wrote: »

I'm kinda gone the other way cinio, wouldn't mind a diesel one instead of the 1.8.
The 1.8 is quick enough, but it's a lot of bother with gear changes and revving and all that!

I'll probably be over this in a few days. Maybe just getting the itch to change,

Heh, maybe we'll swap

Fact is that diesel can be very economical, if you stick to low revs - ideally what economy indicators/lights near speedometer shows you. When driving on longer journey at 80-85km/h on 6th gear at 1500rpm constantly without slowing down and accelerating, you can do about 4 - 4.5 l/100km (62-70mpg) - but who drives like that.
However with normal driving style, when you regularly exceed 2000rpm and get turbo to spin properly, you are more likely to achieve about 6 - 6.5 l/100km (43-47MPG) in extra-urban cycle. Short runs around the town on cold engine, you are talking about more than 10 l/100km (below 28MPG).

Yes - torque is high around 2000rpm, so often you don't need to reduce gears to overtake, etc, but on the other hand if you want to keep it economical and drive between 1500-2000rpm as economy lights show you, you will need to shift gear back and forth all the time. In petrol car you car accelerate from 2000rpm to 7000rpm without changing gear.
In diesel sometimes you need 2 gear changes during one overtake.

I got this civic diesel without much thinking, and I'm really happy with it, but I think I'd be happier with petrol model.

micks_address

CiniO wrote: »

Heh, maybe we'll swap

Fact is that diesel can be very economical, if you stick to low revs - ideally what economy indicators/lights near speedometer shows you. When driving on longer journey at 80-85km/h on 6th gear at 1500rpm constantly without slowing down and accelerating, you can do about 4 - 4.5 l/100km (62-70mpg) - but who drives like that.
However with normal driving style, when you regularly exceed 2000rpm and get turbo to spin properly, you are more likely to achieve about 6 - 6.5 l/100km (43-47MPG) in extra-urban cycle. Short runs around the town on cold engine, you are talking about more than 10 l/100km (below 28MPG).

Yes - torque is high around 2000rpm, so often you don't need to reduce gears to overtake, etc, but on the other hand if you want to keep it economical and drive between 1500-2000rpm as economy lights show you, you will need to shift gear back and forth all the time. In petrol car you car accelerate from 2000rpm to 7000rpm without changing gear.
In diesel sometimes you need 2 gear changes during one overtake.

I got this civic diesel without much thinking, and I'm really happy with it, but I think I'd be happier with petrol model.

i drive the 1.6 diesel of the civic (tourer) averaging about 68mpg on daily commute.. thats north dublin to citywest on the m50 early mornings and later evenings so moving at a good speed.. on longer journeys average about the same. I actually haven't done any manual checking on the consumption just what the instruments tell me.. prior to this i was in a 2.2 diesel accord which was a lovely car to drive but was using about 1/3rd more fuel on all journeys..

im kinda getting tired of changing gears after driving automatics in the US so i might look at an automatic next time around.. Honda are supposed to be releasing a 160bhp diesel version of the 1.6 engine with a 9 speed auto box to go with it.. CRV initially.. will be taking one for a spin

CiniO

micks_address wrote: »

i drive the 1.6 diesel of the civic (tourer) averaging about 68mpg on daily commute.. thats north dublin to citywest on the m50 early mornings and later evenings so moving at a good speed.. on longer journeys average about the same. I actually haven't done any manual checking on the consumption just what the instruments tell me.. prior to this i was in a 2.2 diesel accord which was a lovely car to drive but was using about 1/3rd more fuel on all journeys..

im kinda getting tired of changing gears after driving automatics in the US so i might look at an automatic next time around.. Honda are supposed to be releasing a 160bhp diesel version of the 1.6 engine with a 9 speed auto box to go with it.. CRV initially.. will be taking one for a spin

Heh, the only thing 1.6 tourer has 120bhp, and 0-100km/h acceleration of 10.5 seconds, while 2.2 in 8th gen civic was doing 0-100km/h in 8.5 seconds.
That's actually a huge difference, so extra fuel consumption on 2.2 is well justified.

micks_address

CiniO wrote: »

Heh, the only thing 1.6 tourer has 120bhp, and 0-100km/h acceleration of 10.5 seconds, while 2.2 in 8th gen civic was doing 0-100km/h in 8.5 seconds.
That's actually a huge difference, so extra fuel consumption on 2.2 is well justified.

In real world the 1.6 isn't that underpowered compared to the 2.2

The decision to go from the Accord back to the Civic wasn't an easy one for me..

I took the 1.6 on a really long test drive to make sure I could live with it..

The engine in the 1.6 is something like 50kg lighter than the 2.2

The civic is also a lighter car so acceleration etc wasn't as different as you might think..

The main difference for me between the Accord and the Civic is that 'bigger' car feeling the Accord had.. more stability on the motorway.. more comfort

but then on the flip side.. the Tourer is way more practical in terms of boot space etc..

I still miss the Accord though

Cheers,
Mick