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Trading a Car - not sure what to do

  • 21-12-2014 10:05PM
    #1
    dellas1979
    Closed Accounts Posts: 4,128 ✭✭✭


    Hi guys,

    I have a 2012 mini.

    The place where I bought it from, for the same spec (Mini cooper, 1.6 petrol, red/alloys (no "pack" on it) are looking for a e9000 trade in.

    In a bit of a "huh?" moment, I just laughed at the time. e300 is what he came down by (again, I laughed).

    I know cars depreciate...but, is it very high?

    I know Ive to pay to trade in, but e9000 for 3 years?

    Am thinkin Id just be better off to hang on to it (I own it). Dont think I want to pay the bones of 10gs every year.

    Alternatively, the Duke it lookin' good.


Comments

  • #2
    colm_mcm
    Registered Users, Registered Users 2 Posts: 73,328 ✭✭✭✭colm_mcm


    Doesn't sound outrageous.


  • #3
    dellas1979
    Closed Accounts Posts: 4,128 ✭✭✭dellas1979


    colm_mcm wrote: »
    Doesn't sound outrageous.

    Well, in that case then, no point in going back.

    I'll hould onto it ;)


  • #4
    Greentree_uk
    Registered Users, Registered Users 2 Posts: 1,022 ✭✭✭Greentree_uk


    Donedeal, got 3 grand more for my Skoda selling it there than a trade in. and eventually imported car from a garage in the north and got a discount paying cash. had to bridge it temporarily fortunately finances allowed.


  • #5
    bazz26
    Registered Users, Registered Users 2 Posts: 51,877 ✭✭✭✭bazz26


    €9k to trade up 3 years is by no means unrealistic. Remember your 2012 MINI is now the old model and the new one has only just been launched.


  • #6
    mickdw
    Registered Users, Registered Users 2 Posts: 23,999 ✭✭✭✭mickdw


    Its not 10k per year, it's 8.7k to move up 3 years or 2900 per year which is on the cheap side I would have thought unless you are only going up to a 13 model. In that case, it's robbery.


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  • #7
    TBi
    Registered Users, Registered Users 2 Posts: 1,576 ✭✭✭TBi


    Sell it privately if you can. You'll make a lot more. Alternatively just keep your car. I've a 2007 Cooper S and have no intention of changing anytime soon. Then again I bought it second hand with a massive spec. There are very few in Ireland like it.


  • #8
    colm_mcm
    Registered Users, Registered Users 2 Posts: 73,328 ✭✭✭✭colm_mcm


    Not sure if you'd make more privately tbh. Target market may want dealer finance/warranty etc.
    If it were a few years older then maybe.


  • #9
    Gael23
    Registered Users, Registered Users 2 Posts: 12,163 ✭✭✭✭Gael23


    I would think €8700 is doing a pretty alright deal to be honest


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