Resale Value -v- Trade in Value

Ezeoul · 17-09-2023 2:45pm #1

Hi all, just wondering about this.

I'm thinking of selling or trading in my current car as I want to switch to an automatic (knee problems). Not considering an EV at this time.

I have an estimate for the resale value for my car - a 171 nissan micra with 77k on the clock from cartell, - but I am wondering what percentage I can realistically expect knocked off that by a dealer.

Hopefully I'd be purchasing the new (used) car from them too. Or would I be better off selling privately rather than trading in.

I've traded in cars before, but they didn't really have much value left in them, but this one does.

Any advice?

User1998 · 17-09-2023 4:39pm

Cartell estimate is probably inaccurate. Find the cheapest similar one on Donedeal and take a couple of thousand off.

mk7r · 17-09-2023 6:02pm

They will probably offer between 5 and 6k depending on spec and condition, if it's the new shape (came out mid 2017) it's worth a few k more

Ezeoul · 17-09-2023 6:09pm

https://www.boards.ie/discussion/comment/121123258#Comment_121123258

It is that later one.

Cartel estimate is more than double that, so for €5-€6k I'll run it into the ground first!

I guess I won't be trading up, so!

mk7r · 17-09-2023 6:11pm

https://www.boards.ie/discussion/comment/121123280#Comment_121123280

If it is the new shape (post a pic) then it is definitely worth more but forget the cartel valuation, its pure fantasy

shane b · 18-09-2023 8:42am

https://www.boards.ie/discussion/2058314179/resale-value-v-trade-in-value

Looking at done deal, a 2017 new shape micra seems to be 10-11K private or 14 k from a dealer. The older shape ones are going for a bit less. If your trading id say maybe 9 or 10k from a dealer depending on how generous they are.

We are considering trading our people carrier which is in a similar price range and we have found trade in values to be 4k below what it would sell for in a dealer.

User1998 · 18-09-2023 9:28am

Trade in price is irrelevant anyway. Cost to change is the important figure.

jeffk · 18-09-2023 9:52am

This magic 4K number makes me laugh

I got a 181 Auris from Toyota for 21.5, seven months later its worth 17 or so

Go and look for a 191 24 or so, I am guessing then be worth 20 or so

SO goes on the 4.5 roundabout

Ezeoul · 18-09-2023 11:49am

The thing is, the car I'm actually interested in buying is approx €4k less than the value of my micra. Both dealer prices!

Decisions, decisions!

shane b · 18-09-2023 1:23pm

https://www.boards.ie/discussion/comment/121125551#Comment_121125551

In that case you may be able to negotiate some sort of a swop or something. My brother in law done that years ago, drove in an Astra and drove out with a Leon. He had to go down a year on the leon though to make it worth the dealers time.

Ezeoul · 19-09-2023 11:57am

https://www.boards.ie/discussion/comment/121126100#Comment_121126100

Yes, I'd be going down a year but I think the car I'm considering will suit my needs better. (Bloody knees). It's also got lower mileage than my own.

I'm drive less than 8K miles a year in total, probably closer to 6k on average, so I don't need anything ultra high spec. Safe, reliable, well maintained and clean, are my top priorities, rather than year (or colour!).

I'm going to drive by the forecourt later and have a closer look, without being obvious about it.

thanks all.

Resale Value -v- Trade in Value

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