Is this a good deal?

30-06-2021 9:07pm #1

https://www.donedeal.ie/cars-for-sale/ford-fiesta-2008-nct-06-22/28146500

is this a good deal?

Toyotafanboi · 30-06-2021 9:11pm

No, i'd say its somewhere between 2 and 3 times over priced.

colm_mcm · 30-06-2021 10:26pm

You’d surely get the far nicer newer model for that money. That’s a €1500 car really.

30-06-2021 10:29pm

colm_mcm wrote: »

You’d surely get the far nicer newer model for that money. That’s a €1500 car really.

The problem is the dealers won't sell a 1500 euro car for 1500, they keep it till someone gives their price, or a little less, in my experience. Lots of that make year model are 2k, 2.5 k etc

Toyotafanboi · 30-06-2021 10:40pm

Plenty of people are selling them for that though, this one looks good, same year, considerably less mileage too, asking €1800
https://www.donedeal.ie/cars-for-sale/2008-ford-fiesta-nct-07-22-tax-09-21/28559876

And that's not even bottom of the barrell stuff, mileage is grtting high on this one but it looks tidy and has a years NCT asking €1250
https://www.donedeal.ie/cars-for-sale/08-ford-fiesta/28440378

€3500 on a Fiesta should take you well into the newer model. This isn't a perfect example but gives an idea.

https://www.donedeal.ie/cars-for-sale/ford-fiesta-2010/28561859

30-06-2021 10:57pm

Toyotafanboi wrote: »

Plenty of people are selling them for that though, this one looks good, same year, considerably less mileage too, asking €1800
https://www.donedeal.ie/cars-for-sale/2008-ford-fiesta-nct-07-22-tax-09-21/28559876

And that's not even bottom of the barrell stuff, mileage is grtting high on this one but it looks tidy and has a years NCT asking €1250
https://www.donedeal.ie/cars-for-sale/08-ford-fiesta/28440378

€3500 on a Fiesta should take you well into the newer model. This isn't a perfect example but gives an idea.

https://www.donedeal.ie/cars-for-sale/ford-fiesta-2010/28561859

Thanks. i don't know enough to deal with private sellers though.

mickdw · 30-06-2021 11:00pm

SoulWriter wrote: »

Thanks. i don't know enough to deal with private sellers though.

That one you suggested is rough as hell. As say up close, its shocking.
Its different colours and looks like it has been badly tidied up.
Id steer well clear of that.

Toyotafanboi · 30-06-2021 11:01pm

Pay someone €1000 to check one of them over and you'll still be €1000 better off.

I understand the appeal of buying from a dealer but it's terrible value for money for minimal protection at that end of the market. €100 would well cover you for a pre purchase inspection and i dare say at that price point you are buying the previous owner as much as the car itself so meeting the existing owner will give you a lot of info.

bazz26 · 30-06-2021 11:15pm

Ask yourself what sort of warranty and aftersales are you going to get from a dealer selling a 13 year old car? Though in saying that @ that silly asking price they would want to be giving an original manufacturers warranty with the car. My sister has a similar vintage Fiesta, she would be chuffed if they were fetching that sort of money.

McCrack · 01-07-2021 9:10am

Asking price is not the same as selling price

The dealer will expect you to negotiate

bazz26 · 01-07-2021 9:57am

So to recap, a dealer asking 3500 for a 13 year old Fiesta that's really only worth about 2k expects a punter to negotiate around 40% off the asking price. Strange business model that.

kirving · 01-07-2021 10:36am

SoulWriter wrote: »

Thanks. i don't know enough to deal with private sellers though.

You can pay a mechanic, or the AA to check out a car for you.

The truth of it is, you're going to get little to no recourse from a dealer selling a car at that price point, and there's no way that they'll be adding value of €1500 to that car before sale.

(A main dealer might do so on a 10k+ car by doing brakes, tyres and include a warranty so it might be worth that kind of premium over a private sale).

Most private sellers are genuine enough, and likely less adept at sales tactics than a dealer, so that works in your favour too.

01-07-2021 11:36am

bazz26 wrote: »

Ask yourself what sort of warranty and aftersales are you going to get from a dealer selling a 13 year old car? Though in saying that @ that silly asking price they would want to be giving an original manufacturers warranty with the car. My sister has a similar vintage Fiesta, she would be chuffed if they were fetching that sort of money.

That is true not much of a warranty would be expected but there are laws around a dealer selling where there are not for a private sale. For example a dealer is obliged to tell of any problems without being asked, a private seller isn't obliged to tell unless asked, though it is still illegal to k owingly sell a dangerous car

So someone who does not know what questions to ask is at a disadvantage. One could pay a mechanic to look yes but if one doesn't buy then one has to pay to have the mechanic look at the next one. Consumer laws apply to a dealer too.

bazz26 · 01-07-2021 1:58pm

Laws are great in theory but not always so good in reality. Dealers can and do tell buyers what they want to hear or are economical with the truth in order to close a sale. How much time, effort and money do you want to invest in potentially chasing a dealer down the legal route because they never disclosed something to you when buying? Consumer law is not some silver bullet for a buyer against potential cowboy traders.

bidiots · 01-07-2021 8:51pm

SoulWriter wrote: »

That is true not much of a warranty would be expected but there are laws around a dealer selling where there are not for a private sale. For example a dealer is obliged to tell of any problems without being asked, a private seller isn't obliged to tell unless asked, though it is still illegal to k owingly sell a dangerous car

So someone who does not know what questions to ask is at a disadvantage. One could pay a mechanic to look yes but if one doesn't buy then one has to pay to have the mechanic look at the next one. Consumer laws apply to a dealer too.

It will still work out cheaper for you, even if you have to look at a few cars.
You are assuming that because its a dealer that this car won't have problems, that's a very expensive, mostly inaccurate view point
You've been given similar advice from multiple posters, take heed......

Motivator · 01-07-2021 9:15pm

bazz26 wrote: »

So to recap, a dealer asking 3500 for a 13 year old Fiesta that's really only worth about 2k expects a punter to negotiate around 40% off the asking price. Strange business model that.

Of course. The asking price is €3,500, the value of the car is €2,000. The potential buyer will ask for a deal, the dealer will say I’ll take €3,250. They will argue back and forth and then they’ll land of €2,750 and the buyer thinks they’ve got a great price and the dealer knows he’s still robbing the buyer. It happens all the time.

There’s also the scenario where someone will be stupid enough to actually pay the asking price.

Is this a good deal?

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