2K Trade-in?

mathie · 20-05-2005 8:21am #1

Hey,
Saw an ad in a paper for somewhere that was offering a minmum 2K trade-in on any car.

Anyone any ideas on where that was?

M

BrianD3 · 20-05-2005 8:40am

These "great deals" and "scrappage offers" are deliberately designed to mislead. The garage is not giving you 2k for your car, they're giving you the same discount (or maybe even less) as they'd give you if you sold your old car privately and did a straight deal for the new car. In effect they are giving you nothing for your car.

unkel · 20-05-2005 9:12am

What BrianD3 said. This is not the same as the "scrappage scheme" of the 90s where there was a government subsidy for scrapping your old banger

(shrewd move by the government to avoid national embarassment when EU compulsory car testing would be introduced - cars had holes in the sides 10 years ago, remember?)

Seth Brundle · 20-05-2005 1:42pm

It wasn't just shrewdness in terms of getting rrif of old cars. It was also shrewd because (from memory) the government paid out 2k or whatever but ended up making more back in VRT & VAT!

bazz26 · 20-05-2005 2:17pm

mathie wrote:

Hey,
Saw an ad in a paper for somewhere that was offering a minmum 2K trade-in on any car.

Anyone any ideas on where that was?

M

As the others have said plus usually this is only if you sign up to a HP agreement with the dealer.

unkel · 20-05-2005 2:37pm

kbannon wrote:

It wasn't just shrewdness in terms of getting rrif of old cars. It was also shrewd because (from memory) the government paid out 2k or whatever but ended up making more back in VRT & VAT!

Yep a brilliant move all round! That at a time when the tiger was roaring and people on even the lowest of salaries had access to cheap motor loans

DubTony · 22-05-2005 1:07am

At the start of 1999, my wife changed her 1990 Renault 5. She took it to Appleyard (Peugeot) and was offered £200 against a new 206. The salesman will never forget the earful he got that day.

Camac Cars (Renault) gave her £2000 against a new Clio. I think she still has his arm somewhere.

At the time they couldn't keep 206's in the showroom. They sold like hotcakes and were offering damn-all discount. The renault dealer gave what seemed like the full discount and a generous trade in allowance. The Renault 5 was a POS and was probably scrapped.

Note to car salesmen: If the Peugeot guy had said he couldn't give her anything for the 5, she'd have accepted that and left without the bitterness. You can be sure she'll never go to Appleyard again.

Tony

2K Trade-in?

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