Advice on Value of Car

ssmith6287

Hi, I'm thinking of buying a newer car.

I have an 06 1.6 petrol Octavia, NCT until 2017, Tax, 4 new tyres, New brake pads, New thermostat and recently serviced, 120k miles on clock and timing belt done at 70k miles. Body in perfect condition, usual minor scrapes and interior in good condition bar a rip in the door where my elbow was a little heavy

Any idea how much I could expect to get on a trade in and if its worthwile the hassle of trying to sell privately

Cheers

bazz26

There is no set true trade-in price as it depends on a number of factors such as the value of the car you are trading it in against, how much the dealer thinks he can sell it on again for, etc. For example and using simple figures, one garage might give you 4k for it against a 20k car, while another garage might only give you 2k for it against a 10k car.

What you need to do is focus on the cost to change price (how much money you need to put with your existing car to buy the new car). Dealers can be very clever with figures and can make out they are giving you a very good deal by inflating your trade-in price when in reality they will claw it back by pricing the new car higher than other similar cars.

ironclaw

The 1.9 Diesel is far more common for 2006, but ball park on the private market you are looking at €3.5k. Average 1.6 Petrol car from 2006 is trading at €3.6k. You would be far better off trying to sell it privately as there is no way you can come out 'up' by trading in versus a private cash sale. Only reasoning I can ever see for trading in is if you have a high value car that you are unlikely to sell privately, you don't want the hassle of a private sale or the dealer has a car you very much want without delay.