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Problem selling nearly new MG4

  • 28-12-2023 10:34PM
    #1
    Registered Users, Registered Users 2 Posts: 66 ✭✭Brian_dub_


    I got an MG4 in July after ordering in January, was looking forward to getting it, keeping an eye on all the discussions of bugs and updates etc, long story short, its a pig of a car. Seating isn't comfortable for long drives, software is buggy and its just not a great car imo....so I've been looking at a new Tesla M3, ready to put an order in, their trade in price is...well lets just say I haven't had such a good laugh in a long time!

    Went back to Linders to see if they fancied making me an offer, nope, they've too many coming back after pcp, tried Frank Keane with their "we buy cars for cash" nope, they dont want it...so I'm currently sitting on a car that could be sold for 35k...which I cant shift....any advice?



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Comments

  • Moderators, Society & Culture Moderators Posts: 40,661 Mod ✭✭✭✭Gumbo


    Bad timing. MG reduced their prices too recently or at least had an offer on that would have hit second hand prices.



  • Registered Users, Registered Users 2 Posts: 5,882 ✭✭✭Buddy Bubs


    I had zero interest in my cupra born when I was mooching around a few dealers a few months ago. It's a 2022.

    Some.people got prices in around 23k for cars that cost them 40+ a year previous

    Just out of interests what is the 35k figure you are referring to? What a dealer could sell it for?



  • Registered Users, Registered Users 2 Posts: 996 ✭✭✭Ozark707


    What sort of price reduction did they bring to the market? I heard VW reduced the prices of the ID4 (at least). This is sure to have a big knock on effect on trade in prices



  • Moderators, Society & Culture Moderators Posts: 40,661 Mod ✭✭✭✭Gumbo


    Towards the end of the year they had a €2k or €3k (from memory) offer on them.

    They are currently offering €2500 of the price.




  • Registered Users, Registered Users 2 Posts: 4,085 ✭✭✭joe1303l


    Clean it properly yourself or get it valeted, take some good photos and put it on DoneDeal at at €7K less than the current new price for one. Be prepared to drop more in the coming weeks to get rid of it. Think up some plausible reason as to why you’re sellers it so quickly while you’re waiting for the phone to ring…..



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  • Moderators, Society & Culture Moderators Posts: 40,661 Mod ✭✭✭✭Gumbo


    I always advise people this that are not into cars or cleaning them etc

    Get it to a local detailer. They will always have a winter or summer prep offer. Once clean, get the photos taken in their wash bay or unit. Indoors and under light.

    Makes for great photos and will cost you €50’ish.

    But you’ll get multiples of that back if it sells privately.

    Example - http://flawless.ie/services/standard-services/flawless-safe-wash/



  • Registered Users, Registered Users 2 Posts: 9,632 ✭✭✭User1998


    Heres a 2023 from a dealer for €27k, so you might get €22k for it privately.

    That one is an Excite model, maybe add another €4k or so for an Exclusive model.

    https://www.donedeal.ie/view/35873846



  • Registered Users, Registered Users 2 Posts: 66 ✭✭Brian_dub_


    There’s some on carzone for 35k, mine is the exclusive long range with the 65kwh battery.

    Tesla offered €17k which is insanely low imo. It only has 5,600km on it so is essentially an ex demo for mileage. I’d be looking to get at least 28-30k from it if there are some up for 35k in dealers.

    is it really plausible to sell privately through donedeal for a 30k asking price? Who is likely to have that cash kicking around for a private sale. Surely people will go to a dealer for a car at that price.



  • Registered Users, Registered Users 2 Posts: 73,459 ✭✭✭✭L1011


    People buy high value cars privately all the time - plenty of car loans pay out to bank accounts rather than insisting on going as a draught.

    If there's some on carzone for 35k but you're being offered 17k; it suggests the ones on carzone are never going to sell for that. You will need to go lower to sell.



  • Registered Users, Registered Users 2 Posts: 66 ✭✭Brian_dub_


    Tesla are notorious for their very low trade in prices, they just want to shift them to trade as quick as possible and turn a profit on them, but 17k seems very low. Seems like there’s going to be an influx of them seeing as Linders are saying they have plenty coming back in off pcp deals.



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  • Moderators, Society & Culture Moderators Posts: 40,661 Mod ✭✭✭✭Gumbo


    I’ve bought and sold more expensive privately. It’s not about having the money sitting there. Personal loans, credit Union loans etc can all be used to buy privately.

    Revolut loans, Avantcard loans etc

    Private buyers have lots of choice.



  • Registered Users, Registered Users 2 Posts: 444 ✭✭pale rider


    You are trapped, best option is to keep the car and live with its deficiencies.

    Or, lose a lot of hard earned trading it,,,

    Or, offer it to somebody here at €2k over trade in and suck it up.

    Very hard to get what you want at your door, people either don’t have it ir are very wary

    tough lesson, I’m sorry you are going through this.



  • Posts: 122 ✭✭ [Deleted User]


    MG4 isn't out 3 years is it? I suspect they're telling porky pies about loads coming off PCP...



  • Registered Users, Registered Users 2 Posts: 66 ✭✭Brian_dub_


    It’s a bit of a pain alright. Last 2 cars I had I traded in at 3 years old and 2 1/2 years old and got great trade in prices, first was a Megane GT and last car I traded in for the MG was a Leon hybrid, 211 plate and they gave me 25k for it.


    guess there’s just a lot of MG4’s out there at the moment and the prices are going down across the board. I imagine it’ll be the same in 2 years time with all the model 3’s being traded in.


    I’ll probably end up waiting 6 months then ordering a model 3, take what I can for the MG, due a pay increase and bonus in 6 months so it might help soften the blow



  • Registered Users, Registered Users 2 Posts: 444 ✭✭pale rider


    Advertise it so, be €3k less than the cheapest and wait for a phone call, it could take a while but you only want one serious call to convert into a sale.


    Get rid of it.



  • Registered Users, Registered Users 2 Posts: 2,841 ✭✭✭John arse


    Sorry for your trouble pal, funny enough (as you probably know) the MG4 forum on here says mostly that they're the dogs bollix - Strange. Personally i’d try and live with it for another while and see what's around next year.Good luck👍.



  • Registered Users, Registered Users 2 Posts: 19,899 ✭✭✭✭road_high


    Not driven a new Leon but believe they’re very well rated so probably feels a downgrade to one of these. They’re smaller and more supermini class



  • Registered Users, Registered Users 2 Posts: 66 ✭✭Brian_dub_


    Like it’s a grand car, it’s just got its quirks and some of them have annoyed me.


    the aircon reads 5°c lower than what it’s set at. So to get 22°c you need to set it to 27.

    the lane keep assist has tried to kill me at least 3 times.

    the windows fog up when it’s cold out unless the demist setting is being used

    you can’t pre warm the car when it’s plugged in and not charging I.e. in the morning when it’s the exact time you’d want it.

    all in all it’s a good enough car, just all those little quality of life things that add up to make me not like it!



  • Registered Users, Registered Users 2 Posts: 66 ✭✭Brian_dub_


    The Leon was a great car, I wish they did a full EV of it like the Astra EV. The trim level I had was the Fr plus, which they dropped in favour of the Fr trim level which lacked a few things. But the software was great, I especially liked the speed sign recognition for the cruise control, it used the gps and camera and would set the speed according to the sign, or the known speed from the gps location.



  • Registered Users, Registered Users 2 Posts: 2,841 ✭✭✭John arse




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  • Registered Users, Registered Users 2 Posts: 66 ✭✭Brian_dub_


    True! You can put up with it, it does the job…but there’s always a nicer and newer model out there…



  • Registered Users, Registered Users 2 Posts: 4,085 ✭✭✭joe1303l


    You’ll sell it no bother once you price it correctly on DD. Ignore the Tesla offer, it’s just low ball crap to make you sell it yourself. Another option might be to try a trader like Graham Walker cars. He usually stocks some nice fresh Teslas and might take your car as a trade in. Life is too short to keep it if you don’t like it. Test drive a Model 3 also if you haven’t already as you don’t want to make the same mistake twice. Best of luck with sorting it.



  • Registered Users, Registered Users 2 Posts: 66 ✭✭Brian_dub_


    Haven’t heard of Graham walker cars, will give it a look.


    I test drove the model 3 before Xmas, they only had a showroom left hand drive refresh model, but the build quality and updates have certainly come a long long way in the last 3 years.



  • Registered Users, Registered Users 2 Posts: 2,841 ✭✭✭John arse


    You know about the new model 3 highland I take it?



  • Registered Users, Registered Users 2 Posts: 66 ✭✭Brian_dub_


    Yeah that’s what I’d be ordering. They stopped taking orders on the legacy version in late October it looks like, if you ordered around then it was changed to a highland model.

    the updates in it are lovely, and the lack of indicator stalks didn’t seem to be an issue, it’ll just be a learning curve I’d say.



  • Registered Users, Registered Users 2 Posts: 2,841 ✭✭✭John arse




  • Registered Users, Registered Users 2 Posts: 66 ✭✭Brian_dub_


    50k if you add the nice new grey paint and enhanced autopilot.

    the software seems very smooth and responsive, cameras are all very high def and look great on the screen, nav system seems pretty good.

    now if only there was a decent charging infrastructure including superchargers…



  • Registered Users, Registered Users 2 Posts: 8,305 ✭✭✭Grumpypants


    It's hard to shift an EV right now, not just MG. I shopped my ZS around after 6 months and again at the 1 year mark. Usual Tesla silly numbers. But they don't even want used Teslas now either. Only one that gave me decent money was MG.

    For the annoyances.

    You can turn down the Lane keep assist. Stick it on medium or low. It will then just gently guide you off the lines if you cross over them unintentionally instead of throwing you into incoming traffic 😂

    The windows need a good clean inside with window cleaner spray. That helps. It's common enough on new cars.

    You can turn on the heating and set the Aircon temp from the app. The car just needs to be locked, and you can lock it from the app too if you left it open. App got an update recently too and can do much more.

    I'll usually hit the demister as I'm finishing up my coffee in the morning and then when I sit in it is nice and cosy.



  • Registered Users, Registered Users 2 Posts: 66 ✭✭Brian_dub_


    its gonna be tough to shift MG’s I think, there’s gonna be a serious amount of them over the next year or 2.


    I’ve given the windows a good clean a few times already. I still can’t set the air con/heating from the app when the car is plugged in but not charging, even with the updated app.



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  • Registered Users, Registered Users 2 Posts: 1,559 ✭✭✭dunnerc


    Yup that was me that got a price of 23.5k on a 15 month old born with only 10km done ,cost over 41k bad timing indeed



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