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  • FIRST POST
    • wazza99
    • By wazza99 19th May 17, 3:23 PM
    • 198Posts
    • 121Thanks
    wazza99
    A daft question just crossed my mind
    • #1
    • 19th May 17, 3:23 PM
    A daft question just crossed my mind 19th May 17 at 3:23 PM
    So if you have a car say worth £25000 and you go to p/ex and downsize, lets say wanted to buy a Peugeot for £10000, would any garage entertain such a deal ??? in terms of giving cash back ?

    I know you could sell the expensive car 1st but that could be a big hassle.

    I ask as i thought of doing such.....i have a PUG worth about £10k if i was to trade it in against a Land Rover which costs £29k, fair enough i give the garage £20k.......but what if in a year or two i wanted to downscale ?
    Last edited by wazza99; 19-05-2017 at 3:25 PM.
Page 1
    • agrinnall
    • By agrinnall 19th May 17, 3:38 PM
    • 18,142 Posts
    • 13,846 Thanks
    agrinnall
    • #2
    • 19th May 17, 3:38 PM
    • #2
    • 19th May 17, 3:38 PM
    Yes, but don't expect to get a great deal. I'm probably the only person in the world that has ever traded in a Porsche Boxster for a Fiat Panda - the dealer wrote me a cheque of around £11,000 for the difference.
    • lincroft1710
    • By lincroft1710 19th May 17, 4:00 PM
    • 9,481 Posts
    • 7,483 Thanks
    lincroft1710
    • #3
    • 19th May 17, 4:00 PM
    • #3
    • 19th May 17, 4:00 PM
    Often used to see car dealers' ads with phrases like "P/X with cash either way"
    • EdGasketTheSecond
    • By EdGasketTheSecond 19th May 17, 4:21 PM
    • 190 Posts
    • 99 Thanks
    EdGasketTheSecond
    • #4
    • 19th May 17, 4:21 PM
    • #4
    • 19th May 17, 4:21 PM
    Round my neck of the woods there are plenty of 'Motors bought for cash' premises so they will pay you money even if you aren't buying anything ....if the deal is right.
    • motorguy
    • By motorguy 19th May 17, 9:52 PM
    • 15,197 Posts
    • 8,604 Thanks
    motorguy
    • #5
    • 19th May 17, 9:52 PM
    • #5
    • 19th May 17, 9:52 PM
    So if you have a car say worth £25000 and you go to p/ex and downsize, lets say wanted to buy a Peugeot for £10000, would any garage entertain such a deal ??? in terms of giving cash back ?

    I know you could sell the expensive car 1st but that could be a big hassle.

    I ask as i thought of doing such.....i have a PUG worth about £10k if i was to trade it in against a Land Rover which costs £29k, fair enough i give the garage £20k.......but what if in a year or two i wanted to downscale ?
    Originally posted by wazza99
    Very common

    BUT - to get the best hope of a good deal you need to be looking at a dealership that stocks both the quality of car you're looking to downsize to AND the quality of car you're trading in.

    For example, if you went back to your Peugeot dealers with a £29K Land Rover they'd trade it on rather than retail it.

    Under such circumstances, you'd be better trying round your local "specialists" who would retail that sort of car and go to a dealer for a straight sale deal on what you're buying.

    PS - if you think theres ANY chance you'll want back out of the proposed Land Rover deal in a year or two DONT DO IT. You will take a severe hit on the value of it. I'd say an easy £10,000 bath....
    You are not special. You are not a beautiful and unique snowflake.
    • wazza99
    • By wazza99 20th May 17, 7:49 AM
    • 198 Posts
    • 121 Thanks
    wazza99
    • #6
    • 20th May 17, 7:49 AM
    • #6
    • 20th May 17, 7:49 AM
    Thanks for the replies, the only reason i'd go back is the Land Rover at £29k would be ofc a used one and they only come with a 2 year warranty. I don't think i dare own one out of warranty !
    • deaston
    • By deaston 20th May 17, 4:54 PM
    • 434 Posts
    • 223 Thanks
    deaston
    • #7
    • 20th May 17, 4:54 PM
    • #7
    • 20th May 17, 4:54 PM
    Ignore me - posted in the wrong place.
    Last edited by deaston; 20-05-2017 at 5:03 PM.
    • Richard53
    • By Richard53 23rd May 17, 11:04 AM
    • 2,486 Posts
    • 2,142 Thanks
    Richard53
    • #8
    • 23rd May 17, 11:04 AM
    • #8
    • 23rd May 17, 11:04 AM
    In an emergency or if desperate, consider doing this. If you're doing it to save money, think again. I inherited my Dad's Volvo 360 when he died, and planned to sell my little Renault 5. The Volvo was pretty hopeless (heavy, no PAS, hard work on the twisty lanes where I lived) so I decided to sell to a dealer. I was innocent in those days and got completely rinsed on the deal. Never again, unless I had no alternative.
    An hour alone spells freedom to the slave.
    • Dr Crypto
    • By Dr Crypto 30th May 17, 2:01 PM
    • 99 Posts
    • 23 Thanks
    Dr Crypto
    • #9
    • 30th May 17, 2:01 PM
    • #9
    • 30th May 17, 2:01 PM
    I inherited a Jag and so sold my (2 year old) Audi. Got a much better price for the Audi selling it to a local dealer who sold "prestige" bands than the likes of WBAC or a main dealer. A few second hand places said the Audi was too expensive for them so it took a little phoning around to get the right place.

    Likely I could have got a better price privately but I really wasn't going to be bothered with that - tyre kickers etc.
    • ARandomMiser
    • By ARandomMiser 30th May 17, 6:51 PM
    • 1,680 Posts
    • 3,494 Thanks
    ARandomMiser
    I have recently traded my old car in against a new contract hire and the dealership gave me a very fair price (significantly more than webuyanycar.com).
    IITYYHTBMAD
    • parking_question_chap
    • By parking_question_chap 30th May 17, 7:07 PM
    • 1,384 Posts
    • 1,186 Thanks
    parking_question_chap
    Thanks for the replies, the only reason i'd go back is the Land Rover at £29k would be ofc a used one and they only come with a 2 year warranty. I don't think i dare own one out of warranty !
    Originally posted by wazza99
    Are they really that unreliable?
    • motorguy
    • By motorguy 30th May 17, 8:00 PM
    • 15,197 Posts
    • 8,604 Thanks
    motorguy
    Are they really that unreliable?
    Originally posted by parking_question_chap
    They are big, heavy, complex 4x4s and yes, they do have a reputation for expensive failures, particularly later in life.

    Any SUV and / or premium brand car its well worth paying the extra and getting an approved used car, to ensure you have a quality warranty to fall back on.
    You are not special. You are not a beautiful and unique snowflake.
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