What discount on nearly new car prices?

Ladybump

Looking to buy my first car and am looking at used cars. Comparing the prices in car dealerships and private ads, both are considerably over the list prices. Obviously hope to negotiate a good price, but what is a reasonable discount to expect? I'm quite interested in Skoda Fabia, (although would consider others) but most I've seen are advertised at £800-£1000 over list price. Any guidance? Many thanks!

lincroft1710

When you say "list price" do you mean used car price guide prices?

XDA

I just bought a second hand car privately yesterday, was able to get £200 off the price.

I tend to find that if you offer them cash there and then, then you are more likely to get a discount.

DealDrivers_company_representative

List price is the full-up manufacturer brand-new price in their published pricelists for first-registered-owner deals, and before any dealer discounts or manuf'r offers are put against them.

You cannot really compare 'nearly new' as you are buying a used car, not a new one. Do you mean an ex demo' car with up to 8-10k miles on it? or soemthing in terms of age? i.e up to 6mths old/12mths old etc? Anything that age is more likely to be ex-rental if not an ex-demonstrator.

No-one's likely to be advertising cars at more than the manufacturers published pricelist for a brand new car!

Hintza

Dodge Avengers are currently on BOGOF for £20k.

Ukuser

that BOGOF was a gimmick - other DODGE dealers are advertsiing for as low as £7,800 each

Ladybump

See I really am confused.... I should have said the prices I have been comparing against are guide used car prices, based on model, year and mileage.

lincroft1710

Most dealers' prices will be higher than those in price guides available to public, they use (or used) Glass's Guide, which at one time was only available to the trade, but may now be on internet. Even prices in Parkers and What Car, the two most popular "public" guides can vary considerably for same car. Most new car dealers specialise in the make(s) they are agents for and their used stock will also be predominantly this make and usually priced higher than those in non agents' stock.

Locoblade

Guide prices are quite often inaccurate, so basically you can only really go on what cars are actually selling for.

A lot of private sellers tend to be a tad optimistic and price their cars similar to dealers, but don't forget buying privately is buyer beware basically, you have no comeback if there's a fault, so generally you'd look to pay a reasonable amount less than you would from a dealer.

I'm currently looking around for a car at the moment and if anything Im finding cars are below book price, although that may be different in the small, economical supermini sector as you're looking in, as due to fuel prices and everything else, it seems people are downsizing their cars rather than upsizing or going for premium brands.

nickj_2

it's a buyers market - cars are not selling
maufacturers have a stock pile
so do dealers
name your price and if they don't like it go elsewhere

Lemoncurd

Having just bought a nearly new car our experience was that it was pretty hard to get a good discount. We walked away from 5 or 6 different dealers because they simply wouldn't negotiate on price at all. I was expecting there to be more movement in this climate.
In the end we got a small discount (less than 5%) and some extras thrown in and that was it. Felt happier when we thought of the new price for the car - list for the model we have with the same features included is £28,000 but we got it for £15,000. It's only 14 months old with 11,000 miles, seems amazing that anyone buys new if they have to take that kind of hit in the 1st year!