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Realistic Haggling

Guapa1
Guapa1 Posts: 890 Forumite
Afternoon all

I'm looking for a used car, and have a budget of £3000 including an old car I have to part exchange which is worth about £400... If I'm lucky.

I'm trying to work out what cars I can realistically haggle down to my budget. I'm not expecting to get a 5K for 3, but I would like a fair price. Maybe 3950?
Getting there... A deal at a time. :T

Comments

  • Reggie_Rebel
    Reggie_Rebel Posts: 5,036 Forumite
    Look at it the other way, would you take £300 for your car. At £3950 you are asking for 25% off, worth a try but a bit of a punt I reckon.

    I's be looking more at £3500
    It's taken me years of experience to get this cynical
  • Guapa1
    Guapa1 Posts: 890 Forumite
    That's what I thought. Thank you for responding Reggie Rebel (I love the name)
    Getting there... A deal at a time. :T
  • would a car worth £400 not likely qualify for scrappage
  • andyman2303
    andyman2303 Posts: 76 Forumite
    Part of the Furniture
    Don't part/ex, you get far more money selling privately!

    I just bought a new (used) car, and they can't really budge a huge amount on the car - what you can negotiate though is things like warranty, RTI, breakdown etc etc.

    My car was advertised at 6900, got it down to 6700, and then £1200 of freebies!
  • Guapa1
    Guapa1 Posts: 890 Forumite
    Thank you for the response. The car isn't 10 years old yet, and surprisingly the dealer ship I went to today said she'd take my car for about a grand.

    So haggling for extras is better than trying to get the price down. I'll keep that in mind.
    Getting there... A deal at a time. :T
  • mrscb
    mrscb Posts: 1,163 Forumite
    Part of the Furniture Combo Breaker
    The price you get for your car can change depending on the car you are buying and how much profit is in it etc.:D
    :beer: Am thinking of a new one:beer:
  • KonkyWonky
    KonkyWonky Posts: 650 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    It depends where you buy the car from. Some garages or dealerships price there cars low to get people in the door, once in they discount very little from the sticker price. Others have higher sticker prices but are willing to discount a lot more so the buyer feels he is getting more of a bargain.

    In general I would say look around at sticker prices in garages around your area, work out which is the lowest for that year and knock a couple of hundred off that.

    Selling privately would make more sense though, I'd be looking for £200 off the sticker price minimum without a trade in. If they give you £400 for your car in a trade in then in real terms they are only giving you £200. The government incentive only applies to new cars in any case and you'd be hard pushed to find one of them in budget......
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