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Share your car haggling tips

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[FONT=&quot]Ever played Arthur Daley at his own game? How much did you save on your car and what tricks did you use? We want to tap MoneySavers' collective knowledge on your top tactics to drive down the cost of buying your motor.

[/FONT]If you haven’t already, join the forum to reply!
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  • dw1
    dw1 Posts: 38 Forumite
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    No 1 tip is always remember you can go somewhere else and don't be afraid to walk out without buying.

    A couple of years ago I went looking at a Citroen C1/Peugeot 107 (near identical cars, made in the same factory). The Peugeot dealer was quite rude and wouldn't budge on the price much at all, so I just walked out without trying to haggle any more. Got to the Citroen dealer and they knocked £1000 off the asking price without even having to ask!

    Don't think it was anything to do with one car being 'better quality' or anything, they were genuinely identical except for the badge.
  • colino
    colino Posts: 5,059 Forumite
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    "Ever played Arthur Daley at his own game?" If you suspect the trader is anything remotely like that stereotype, get off his forecourt and go elsewhere. Plenty of honest, professional traders around and they don't all drive Jaguar smokers.
    Do your research, find a car that you truly need, find out what the local prices are, get recommendations from as many sources as you can as who to buy from, find the average price for your hearts desire and go and play.





  • StripeyMiata
    Options
    1) Never sign on the day, walk away. You'll start getting phone calls/emails the following days with better deals.

    2) Don't buy the paint protection, GAP insurance, Tyre Insurance, Alloy Wheel Insurance. If you want paint protection, tell them you know they buy the kit for £50, they'll do it a lot cheaper once they are rumbled. If you want GAP insurance, Tyre Insurance, Alloy Wheel Insurance third parties do it cheaper.

    3) If trading in get a value for your car in your head that you think is fair stick to it. If it has slight parking dents, you may get the old "ohh, that door needs a respray @ £500" scam. A dent (with unbroken) paint is usually £50 a panel to fix. If they start knocking value off for scuffed alloys tell them to !!!! off. Nobody cares about scuffed alloys these days, and if they do they are cheap to repair.

    4) If you have decided on one car, play dealers off on each each other, even if they are owned by the same company. Most Ford dealers are owned by Trustford were I live but was able to get my local dealer and the one in Belfast to haggle with. At the end of the day each dealer has targets.

    5) Salesmen are not your friend. The one who was friendliest to me, and when I took the kids to test drive the car gave them balloons and sweets, was the one who gave me the worst deal.

    6) Kind of like number one, but take your time. There are loads of cars out here.

    I ended up with my target trade in, £2000 off list price and 2.9%APR on a Ford Fiesta. Was 4.9%APR but they dropped to 2.9% when I walked away.
  • burlington6
    burlington6 Posts: 2,112 Forumite
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    Buy cheap, buy twice.

    Pay the right price for something a risk losing a little.....pay too little for something and risk losing the lot
  • alleycat`
    alleycat` Posts: 1,901 Forumite
    Name Dropper First Post First Anniversary Combo Breaker
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    Know the market for the car.
    Know the likely issues on the car (if used).

    A bit of research can save you a load of hassle.

    Buying new.

    Check the brokers prices, it gives you a very good idea on what the dealer margins are and what wiggle room they have.

    Never be afraid to walk away.
  • SailorSam
    SailorSam Posts: 22,754 Forumite
    Combo Breaker First Post
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    Ask ....... "How much"
    We don't want one each you know.
    Liverpool is one of the wonders of Britain,
    What it may grow to in time, I know not what.

    Daniel Defoe: 1725.
  • LeoTLion
    LeoTLion Posts: 128 Forumite
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    Do your homework before you set foot in a dealership.


    Loads of free info on the web for checking what a reasonable part ex price is for your car and what price you should be paying for the one you are buying.


    Have a firm idea of what model and variant you are looking for and don't be swayed by the sales staff.


    Don't go for the additional protection packages they offer. They are expensive and sometimes, in the case of the paint protection, inferior to treatments that can be applied by a third party specialist.


    Consider buying with manufacturer finance, even if you have the cash in the bank. They often offer significant 'deposit contributions' which you can bag and keep even if you cancel the finance within 14 days and settle in cash.
  • SmellyPetrol
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    Best thing I've always done is collect loads of quotes for the same vehicle and get them to beat/match it.

    Also never forget you can always walk away. Too often we brits feel squirmed into a corner and sign a contract through embarrassment. Its your money, so walk if you dont feel 100% confident.
  • System
    System Posts: 178,106 Community Admin
    Photogenic Name Dropper First Post
    edited 11 March 2015 at 1:44PM
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    My tactic for private sales - put the pressure on the seller.

    For example - car is advertised at £2000, you think it's worth £1800 so that's what you want to pay. So usually you'd start of haggling, offer £1600 and meet somewhere in the middle.

    The best way - act very very interested, sing praises about the car and turn round to the seller and say "You tell me your best price now, I'll either buy the car or turn around and walk away".

    Trust me it's really worked for me, all sellers know the lowest price they want to let the car go for, and that's what they generally feel obliged to tell you - or you're going to walk away, remember ;-). Going back to my real life example, I got the car for £1600 instead of the £1800 I was going to pay - result.

    media-58451-209443.jpg
  • bigmac2020_2
    Options
    The way I normally play it is the same as most people on here. Do your research on the car you are buying and what you want for trade in. Ensure you keep the deal as a business deal, they are not your friend no matter how much they make out they are. As soon as you make to walk away that's when the deal starts, generally you get a feel for a person and if you don't like them walk away and buy elsewhere. The internet is great for that and I actually ended up buying my last car 230 miles away from home but everything was what I wanted so I am happy. Don't be afraid to haggle, if you don't ask, you don't get.
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