Trading in an old car

bored_newbie

We're trading in a small 15 year old car and getting offered a few hundred euro for it as trade in.

I don't see any 15 year old cars on the car lots so what does the dealer do with them?

User1998

Send them to auction, scrap them, sell them privately on Donedeal or to a member of the motor trade.

PS, if your only being offered a few hundred, you would have probably gotten that as a discount regardless, so your practically getting €0 for your car.

Jim_Hodge

Sell on to smaller dealers or even scrap it.

elperello

What make, model, mileage condition etc.?

If you search on Done Deal you will see the asking prices for similar.

As above they won't be selling it retail and you might be better off selling it yourself.

bored_newbie

Is there another option for someone like me aside from trade it in or stick it on donedeal?

Like would a car dismantler give you a few quid for it? It has good engine, decent tyres etc. but its not something that interests a dealer.

Aint Eazy Being Cheezy

Yes, you can weigh it in at a scrap yard. By far the worst financial option for you most likely.

goochy

Details of car ?

bored_newbie

Thanks all. It sounds like taking your chances with donedeal is probably the best option with an old car.

goochy

https://www.boards.ie/discussion/comment/120505991#Comment_120505991

Can u give details ?

walterking

Merlin auctions.

Drop it off, drive away (assuming someone came with you) and money will be in your account a week or so later.

Dealer will most likely still give you a few hundred off the price.

User1998

Depending on the car, if you advertise it on Donedeal at a cheap price it will sell within 24 hours.

ronaneire

The issue with 15 year old cars are, insurance companies won't touch them. It probably is not worth a whole. Don't put in Merlin auctions, as it will make very little and you pay fees to enter it and fees when it is sold. Donedeal or trade it in and drive away

hoodie6029

https://www.boards.ie/discussion/comment/120505991#Comment_120505991

If it has a few months NCT and the tax rate is ok it should sell if you price it keenly.

Always worth putting the word around locally and to family, there might be someone looking for a little runaround who’d prefer to buy off someone in their community.

Buffman

https://www.boards.ie/discussion/comment/120505585#Comment_120505585

A decent 2008 small hatch like yours will be in good demand on DD or Adverts. Assuming it's not a POS you should have no issues selling it for more than the few 100 you're being offered in trade, even more so if it's NCTed.

Anyone suggesting scrapping a decent car just because it's 15 years old needs to check our current 2nd hand prices. There are still plenty of insurance companies out there covering them. Any that won't, don't deserve your business anyway.

Del2005

https://www.boards.ie/discussion/comment/120505991#Comment_120505991

Be prepared for lots of time wasters and stupid offers, then if you do sell be prepared for people who don't know the difference between a private and business sale. Trading in doesn't get you the best price for your car but it's the easiest way to get rid of it, selling private will get you more money but you will have to work a bit.

bored_newbie

https://www.boards.ie/discussion/comment/120506806#Comment_120506806

That sounds a bit optimistic :)

https://www.boards.ie/discussion/comment/120509026#Comment_120509026

Kinda more what I’d expect with DoneDeal to be honest, although as others say if it is priced okay and has NCT, it mightn’t be too bad.

I see some useful tips here, like ask for electronic transfer, make sure they’re insured etc

https://www.carzone.ie/news/how-to-sell-a-used-car-safely/1871

ozmo

Someone must be making big money from scrapping a car....got 100 euros a couple years ago for a car that was running well.

the price of the 4 good tyres alone would probably be 100 euros - then if you were to consider what you would pay for eg. one second hand car seat....

or a left indicator....down to bits like a coil, ignition parts, transmission etc... I was quoted 100 pounds from a uk breaker yard for one used outside mirror since for my own car :(

It must add up well over a couple thousand for a popular model once parted out!

dontmindme

https://www.boards.ie/discussion/comment/120509399#Comment_120509399

You honestly didn't know there's money to be made in scrapping cars??

jmreire

https://www.boards.ie/discussion/comment/120509399#Comment_120509399

The problem with scrapping it yourself is the time factor, it could take a very long time to get rid of it, if ever. Some parts might go quickly, but the rest, not so fast.

Jim_Hodge

It's only a few hundred. Not worth the time and bother. Just trade it in.

User1998

https://www.boards.ie/discussion/comment/120509315#Comment_120509315

No not optimistic at all. If the price is right and you want a quick sale it could easily be gone in a couple of hours. All depends on the price.

And ignore that article. Your selling a car for a few hundred quid, not a brand new car. Its going to be a cash sale only and the person test driving realistically probably won’t be insured. If your not okay with this then just trade it in.

bazz26

The problem with selling a car of low value privately is the unsavoury types you attract to your door especially the nomadic types who are not really there to buy your car.

The flip side is that you need to figure out roughly how much the car is actually worth. While a dealer might offer you a few hundred quid for it, it wouldn't be a surprise if it's worth a good bit more by selling it privately. If the dealer's valuation is not far off then the easiest or most painless way is to just trade it.

Buffman

It's hard to give accurate advice as the OP didn't give any specific details on the car, but depending on what it is, the difference between the trade in value of a few 100 and what it might sell for privately could be a few K, not 100, so that would definitely make it a worthwhile exercise.

As said above, OP needs to value the car before making any decision.

Parting it out it yourself is more justifiable for cars that have died from something beyond economical repair and if you have the time and space. With the current market, a working decent NCTed car would be worth more for the OP being sold as a car than parts I reckon, unless it's something unusual.