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What's reasonable for trade in?

  • 13-09-2015 7:08am
    #1
    Registered Users, Registered Users 2 Posts: 10


    I'm looking to get rid of my 2000 VW Golf Estate. No NCT (Emissions failure). I don't want to bother with selling it privately, even if I could get a bit more for it. Will I be better off going to one of those cash for cars places or doing a trade in when I get something new(er)? What would be a reasonable amount to expect for it? (I'm not crazy, I know it won't be much, just want to get a sense of what's fair).

    Thanks!


Comments

  • Registered Users, Registered Users 2 Posts: 5,245 ✭✭✭myshirt


    €300. And trade it. Very much doubt cash for cars will take it off you, it's more a hassle than anything, though if you are putting a couple of grand in the mans pocket they'll take it off your hands I'd imagine.


  • Registered Users, Registered Users 2 Posts: 10 alisonj


    @myshirt -- thanks. do you think that would be on trade in or cash for cars? or both? that was what I was thinking we should be looking for -- a couple of dealers have suggested that, others have suggested €100.


  • Closed Accounts Posts: 6,750 ✭✭✭Avatar MIA


    I didn't think cash for cars would go for such an old/NCT failure car.

    You'd get scrapage on a new car purchase.

    Dealers wouldn't want it as a trade in. Best they would do is give a few hundred maybe and sell it on to someone they knew for about the same. They'd probably phone them first and ask would they take it before agreeing a price with you.

    In truth you'd probably haggle a better cash deal without the trade in.

    Private sale for about 500 euro is your best option - or give it away.


  • Registered Users, Registered Users 2 Posts: 10 alisonj


    Avatar MIA wrote: »

    In truth you'd probably haggle a better cash deal without the trade in.

    Private sale for about 500 euro is your best option - or give it away.

    Forgive my ignorance, I'm new to all this. So, I'd get a better price keeping the old car out of it rather than paying cash and getting scrappage for the old car? I'll be paying cash, regardless. I would like to get the best deal.

    We had been interested in donating it (we've done that previously, in the US), but who would be able to use it? It would take a lot to get it past NCT -- or were you thinking of just doing it free on DoneDeal or something?


  • Registered Users, Registered Users 2 Posts: 12,313 ✭✭✭✭Sam Kade


    alisonj wrote: »
    Forgive my ignorance, I'm new to all this. So, I'd get a better price keeping the old car out of it rather than paying cash and getting scrappage for the old car? I'll be paying cash, regardless. I would like to get the best deal.

    We had been interested in donating it (we've done that previously, in the US), but who would be able to use it? It would take a lot to get it past NCT -- or were you thinking of just doing it free on DoneDeal or something?
    Are you buying a new or second hand car?


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  • Closed Accounts Posts: 6,750 ✭✭✭Avatar MIA


    Sam Kade wrote: »
    Are you buying a new or second hand car?

    This, and roughly how much have you got to spend on the car you are buying?


  • Registered Users, Registered Users 2 Posts: 10 alisonj


    Used/second hand. The car I'm looking at is €4500.

    I am clueless about how to negotiate a good price/what to expect. Any tips very appreciated!


  • Closed Accounts Posts: 6,750 ✭✭✭Avatar MIA


    alisonj wrote: »
    Used/second hand. The car I'm looking at is €4500.

    I think it just as likely that a garage would give you

    €300 for your no NCT/00 Golf and take €4,200 cash off you for a €4,500 list price car

    or

    €4,200 or less cash for a €4,500 list price car (leaving the golf completely out of it).


  • Registered Users, Registered Users 2 Posts: 51,363 ✭✭✭✭bazz26


    The car is worth scrap value in it's current state imo, which will between €100 and €150. A cash for cars crowd will offer you less as they will want to make money from buying it from you as well as scrapping it.

    I think you should ask the dealer what is the straight deal price (no Golf to trade in) on the newer car first. If you are not good at negotiating then I suggest bringing someone who is. Then once you have gotten the straight deal price ask how much it would be costing you if you were trading the Golf in against the newer car. As said the straight deal price could be €4200 while the cost to change price including your Golf could be similar or more.

    Once you have those two figures then work out which is the best for you, if your getting similar figures for both then I'd sell the Golf to a scrap yard and buy the newer car straight. But sometimes it can work the other way where it is more beneficial in just trading the Golf to the dealer.


  • Registered Users, Registered Users 2 Posts: 10 alisonj


    bazz26 wrote: »
    If you are not good at negotiating then I suggest bringing someone who is.

    It's not so much that I'm a bad negotiator, I just don't know how it's done here. How much can I reasonably expect to get them down? From what I've read and the bit I've experienced, how I'd have done it at home probably isn't going to work here.

    Do you think it will be easier or harder to get the price I want if I'm on my own (as a woman)? Should my husband come with me? (Not that he'd be any better at negotiation, probably worse, but would having a man help?)?


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  • Registered Users, Registered Users 2 Posts: 51,363 ✭✭✭✭bazz26


    The art of negotiation is not a set formula. You need to research similar cars and see what they are selling for so you know it's rough worth before you enter negotiations. A dealer may not have a huge margin on a €4500 car so don't be expecting to go in getting a large amount off. On a €40,000 car it's a different story.


  • Registered Users, Registered Users 2 Posts: 261 ✭✭show me the money.1


    Did you not try to get someone to look at the car to get it through the test could be something as easy as an air leak causing the high emissions?


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