Variation between trade in price and retail price?

TheRover

I'm looking to trade in my vehicle (a reasonably recent city SUV/4x4) on the purchase of a similar, more recent one.

At the moment the stand is offering 15k for mine on a trade in. Similar vehicles in Carzone (same model & year) sell for 29k-31k.

I was expecting the trade in value to be around 70-80% of the prices in Carzone. 50% just seems a bit too low. The stand could potentially make 15k profit on my car alone...

Am I being very optimistic here?

maestroamado

https://www.boards.ie/discussion/2058229938/variation-between-trade-in-price-and-retail-price

put it up private on done-deal... if your selling for well under market value it will be snapped up quick.. it costs about €15 to advertise

bazz26

Have you a link to the cars asking 29k to 31k?

How much is the car you are trading in against retailing at?

Car99

If you stated in the OP exactly model year and mileage you might get more accurate replies.

We buy any car type places pay more than 50% omsp.

bergipau

https://www.boards.ie/discussion/2058229938/variation-between-trade-in-price-and-retail-price

What are you selling..... I am on the lookout at the moment....

masterboy123

https://www.boards.ie/discussion/comment/118537051#Comment_118537051

I am thinking to upgrade from Hyundai Tucson NX4 2021, hybrid petrol 1.6L. 23000 km.

Dealer quoting €37000.

Is this a fair price?

Car99

https://www.boards.ie/discussion/comment/118542608#Comment_118542608

I thought you said dealer was giving you 15k for your car ?

masterboy123

https://www.boards.ie/discussion/comment/118543340#Comment_118543340

You might be mixing up with my last Mercedes C class 🙂 I have a new car since last year!

The Mighty Quinn

https://www.boards.ie/discussion/comment/118543340#Comment_118543340

Masterboy isn't OP, Rover is

whomitconcerns

Masterboy robbing ops thread. Op what are you selling. And no they probably won't give you 70% on an average car. But it depends on what it is

Padraig Mor

I enquired re trading in my VW ID4 2021 1st Edition 17k km against a new Kia EV6. The very few second hand ID4s that are intermittently for sale retail between €47k and €50k and it's in hot demand so I was expecting a trade in of €43k - €45k. I was offered €39k yesterday, and that against a Kia price inflated above the RRP. Told him to keep it!

carsfan2

https://www.boards.ie/discussion/comment/118543800#Comment_118543800

How long before they can supply the ev6? Are they pricing you for a few months away when they can get you one or is it a stock car ?

I also think dealers are increasing the profit per car as they are selling fewer of them.

in the past I would have seen anything between 6 to 10k variation on trade in price of a BMW versus subsequent asking price.

bazz26

Car dealers being greedy and giving low ball trade in prices. No way, could never happen.....

Padraig Mor

https://www.boards.ie/discussion/comment/118544841#Comment_118544841

Car coming into stock in the next week or so.

Ricey3509

I would try Zucar or autobuyer (there are a good few similar outfits out there) and see what they will offer, you might do better than the trade in offer.

carsfan2

https://www.boards.ie/discussion/comment/118545998#Comment_118545998

In that case, the dealer is trying to have it every way.

low trade in offer and elevated selling price.

you will easily sell your car for better elsewhere.