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Trade in value

  • 04-10-2016 3:28am
    #1
    Beanybabog
    Registered Users, Registered Users 2 Posts: 1,455 ✭✭✭


    Can anyone tell me what a good trade in value for a car is? I know people always say you get more selling privately but what's the % difference. I am buying a second hand car and need to trade in mine. Renault Clio, 2010, 44000km, some scratches. All the valuation calculators bring up like €6-8k but it's a very low spec model


Comments

  • #2
    CountingCrows
    Registered Users, Registered Users 2 Posts: 1,832 ✭✭✭CountingCrows


    I'd say a good rule of thumb is to find the lowest priced car on Carzone/Donedeal that matches your model, year, mileage and spec and subtract 10%, this should give you a realistic trade in value.

    The advantage of selling privately and then going shopping is that you get the extra 10% on your own sale and your in a much stronger negotiating position with cash in hand when buying your new car.


  • #3
    Del2005
    Registered Users, Registered Users 2 Posts: 19,102 ✭✭✭✭Del2005


    Beanybabog wrote: »
    Can anyone tell me what a good trade in value for a car is? I know people always say you get more selling privately but what's the % difference. I am buying a second hand car and need to trade in mine. Renault Clio, 2010, 44000km, some scratches. All the valuation calculators bring up like €6-8k but it's a very low spec model

    Don't get fixated on the trade in price. It's very easy for a dealer to offer you a €10k trade in price if their car is €10k more expensive than the dealer next door. Work out the cost to change when buying from a dealer instead.

    If selling privately you'll have a load of time wasters and depending on the car that you are buying there might not be much of a cash discount. If you do sell privately get a SIM for the sale and turn it off once you post the VLC.


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