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Buying new (used)car - better with/without part-ex

Mumto2
Mumto2 Posts: 1,348 Forumite
Part of the Furniture Combo Breaker
As title says, we are going to buy another car - budget around £5k, hoping to get a Ford Focus.

We currently have an R reg Fiesta 1.25 around 80k miles.

My dad thinks we are better off not part-ex the Fiesta and will get more of a bargain without.

Anyone have an opinion?

Thanks
Now proud Mumto3 :j

Comments

  • Conor_3
    Conor_3 Posts: 6,944 Forumite
    Car dealers aren't selling what they've got so they're most likely to offer rock bottom trade in unless it's one of these "minimum trade in" places.
  • Inactive
    Inactive Posts: 14,509 Forumite
    Agreed, sell the Fiesta privately, dealers really do not want any further stock at the moment.
  • depends if you want the hassle of selling the fiesta yourself
    if it is a tidy little car with a good mot then it will probably sell easily as they are quite sort after as runabouts
    also depends on how desperate the dealer is to do a deal
    i rang up about a car two days ago and it sold within 1 day of being advertised some cars are sort after and some not
    what spec of focus are you after
    remember it is nice to be important
    but more important to be nice ;)
  • Mumto2
    Mumto2 Posts: 1,348 Forumite
    Part of the Furniture Combo Breaker
    thanks all - the fiesta is a great car, no hassle at all but does need MOT mid Jan.

    For the Focus, would probably like a 1.6 mid range (don't need high-spec)
    Now proud Mumto3 :j
  • you should get a nice focus for 5k might even get you an 06 car
    i would look at something up for 5k and chop the fiesta in and 4500 cash
    or 5k and a bit of money off then sell the fiesta private but you will need to put a new mot on it or nobody will touch it unless silly money
    remember it is nice to be important
    but more important to be nice ;)
  • vansboy
    vansboy Posts: 6,483 Forumite
    Part of the Furniture 1,000 Posts
    The Fiesta isn't of any real value, so it'll be more hassle to a dealer, ratrher than another source of profit, if he were to sell on again.

    You'll only be offered minimum £$£$, or if they made a GENEROUS offer, it means this 'xtra' £$£ is 'cos his Focus is too dear!!

    Assuming the Fiesta doesn't need a fortune spending on MOT, e bay, or small ads are the easiest way to move it on.

    Don't get caught up in lots adverts, though, else you'll end up paying out just to get your £$£$ back!!

    VB
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