Carzone.ie valuation and dealer's valuation.....

Dr. Nick

How accurate is Carzone on their valution tool? And how accurate are the asking prices on Carzone??

I have a 191 Volvo V60 Momentum with 170kms. Carzone gives a valuation of €26k, which I thought a bit high, but I'm being offered €15k by a VW dealer vs a new 2024 Tiguan (list price €50k)

I know mine is high kms, but still this seems a very low offer, I was expecting €22/23k, €20k at worst.

Looking at Carzone, there's one same as mine with 129kms on sale for €28k (not a Volvo dealer) and 93kms from Vovo dealer for €33k

User1998

The Carzone valuation is generally not accurate whatsoever, but €15k still seems low.

You could try Autobuy or Zucar etc

Clo-Clo

https://www.boards.ie/discussion/2058340658/carzone-ie-valuation-and-dealers-valuation

Carzone valuation is extremely high I have found, does not resemble in anyway what you will sell a car for

I think the plan is over value the car so you will put the ad up thinking you can sell it for that, once the ad is up you have paid them

kirving

You'll be lowballed by dealers, as they flat out don't want the hassle of trying to get rid of your car.

On the other hand, Carzone make money from sellers, and may be able to persuade sellers to advertise there if they believe they might get a higher price for the car. It's all a bit of a game really, but a 22k car is a hard-ish sell privately, especially since it's relatively high milage for the year.

goochy

mileage probably a bit high for main dealer to be interested , its not a popular car

Dr. Nick

Thanks everyone, good points.

Wonder what I'd get for it in a private sale. Given Carzone prices above (are they getting these kind of prices??) surely €20/22k?

Buddy Bubs

Carzone dont have to stand over their prices in any way, dealers do so its just some algorithm they have going on, means nothing in real world.

15k is too low though. They really are lowballing at the moment, I dont think current stock is shifting and they need top money on every sale.

Only way to really get valuation is to get the average of 5, 10, 15 VW dealers against something similar to what you want to buy. I am going to guess closer to 15k than 26k though so you might be a few k short of what you really want.

Depends on how much time and effort you want to put into talking to them, but could be worth a few thousand to you

goochy

Al hayes , Frank Hogan and Michael moore in Portarlington are all VW dealers who like to deal - hence they sell cars all over place

Connollys are VW and Volvo dealers and do great deals

bazz26

Forget the carzone valuation, it's not an accurate reflection of the market. 15k is a trade offer most likely. VW dealer will not retail a car with that mileage so they just offer it out to their list of smaller motor trade contacts. Have you tried any other dealers, prices can vary alot.

Here is a similar one with a bit higher mileage and dealer is asking 19.5k and will come with some sort of warranty:

https://www.donedeal.ie/cars-for-sale/volvo-v60-2019-diesel-automatic-nct-may25/36384690

So to sell it privately you probably want to be asking around 17.5k or 18k imo

Dr. Nick

I should have mentioned, I actually forgot, I got an offer of €22k vs a Cupra Formentor a few months ago

bazz26

When you say a few months ago was it late last year? If so your car was a year younger. What mileage was on your car at the time also?

Also you have to remember that the Formentor has been on sale since 2021 whereas the Tiguan is an all new model just launching so interest in a new model maybe high due to the hype and supply maybe initially low, meaning dealers can be more fussy on prices.

What was the price of both cars? The Formentor is smaller than Tiguan. You really need to compare apples with apples, compare one VW dealer against another on a Tiguan rather than a dealer of a different brand and model as there are variables at play. For example if the sticker price of the Formentor is similar to the Tiguan then it's very expensive so it's a lot easier for the Cupra dealer to allow you more for your Volvo against one, it's just moving figures around.

goochy

as i said try one of the VW dealers i mentioned in earlier posts , some dealers sell mostly locally - others sell nationwide as they want to deal

Dr. Nick

https://www.boards.ie/discussion/comment/121891960#Comment_121891960

Thanks Goochy, I took that advice and already things are looking a bit better.......

goochy

no problem , best of luck

Dr. Nick

https://www.boards.ie/discussion/comment/121893507#Comment_121893507

I was with Michael Moore in Athlone as i was down that way, another couple to try, hopefully tomorrow.

Luckily my job brings me all over the country!

Luna84

https://www.boards.ie/discussion/comment/121893900#Comment_121893900

Right I was wondering how you put so much mileage on the car. Makes sense.

goochy

Portarlington likely to be more keen to deal

Dr. Nick

update

Purchased one of the first new Tiguans to arrive in the country, 'Launch' version which has some extras FOC.

Sheehy's in Naas, offered 18k for mine plus 1k discount. The 0% is the key for me though, saves €4.7k over 4 years, so like getting €24k for my Volvo.

Turns out there's a car very similar to mine on donedeal for €19.5k, but it's an out-lier (as i said to sales lad). he worked hard to do the deal (was on phone in front of me to the dealer) so just shows you.....

Some difference between VW garages!

Clo-Clo

https://www.boards.ie/discussion/comment/121932127#Comment_121932127

Was just talking to mate, the garages are having massive drop off in sales and finding it hard to shift anything. You might have got them at the right time

goochy

Well wear . Did you Try the other Vw dealers around country I suggested ? Thought you might do better on trade in

Dr. Nick

https://www.boards.ie/discussion/comment/121932285#Comment_121932285

Didn't really have time to in the end, only got to three. The key was the 0% finance - €4.7k saving over 4 years, which ends this Friday so had to get it done. I'd be a long time trying to get another €4.7k fror my car I think.

goochy

Makes sense

easyvision

https://www.boards.ie/discussion/comment/121934635#Comment_121934635

Where does it mention 0% finance? Just looking online, all I can see is 2.9? Is this just for launch model or? Cheers

Dr. Nick

https://www.boards.ie/discussion/comment/121934703#Comment_121934703

Not sure, I don't think it's advertised as I didn't know anyrthing about it until I started talking to the sales people in the dealerships.

bazz26

Just be careful with headline interest rates, work out how much your paying overall including interest and capital figure. 0% on full RRP can work out more expensive than say 2.9% on a decent discounted price.

Luna84

https://www.boards.ie/discussion/comment/121935410#Comment_121935410

I didn't think they gave discounts on brand new cars any more. The price is the price I thought.

Buddy Bubs

https://www.boards.ie/discussion/comment/121935417#Comment_121935417

I'd say there's decent discounts available nowadays, just don't try to trade anything in !

bazz26

Discounts are harder to get these days but not impossible.

My point is though, 0% finance is not always the best by default.

CrowdedHouse

https://www.boards.ie/discussion/comment/121889183#Comment_121889183

BTW Al Hayes is no longer a VW dealer

Dr. Nick

I see VW advertising the new Tiguan now.

I won't be doin no sleepovers in no woods 😁

beeker1

Please people , spend the fiddlers on Motorcheck or Cartel given the thousands you're going to part with ! My last purchase exposed a car on Donedeal with double the advertised mileage & when I notified said site they did fuckall about it ! It was €30 at the time for 3 searches , you'd blow 30 quid on a takeaway !