UPDATE:- Auction Prices Jeep Grand Cherokee 57 Plate

ukjoel

Not really.

Your company doesnt care about the buying or selling price of the car.
Its irrelevant - all they care about is the monthly rental they are paying.

The fleet company want it moved on ASAP and they will sell them bulk to a used car supermarket group per hundred vehicles (unseen) for xxx amount of money.

They are not geared up to deal with an employee of one of the companies they sell to asking them to buy the car. Its a bit like going into tesco's and asking for a single smartie. In theory they could price it wrap it and sell it to you - but its not what they are about. So they look at price guide and select top whack A1 condition price and then add a chunky administration fee.

Thats how you got your price.

Their focus is on 3 things.
1 - Squeezing every last drop of discount out of manufacturers (20% to 70% available)
2- Growing their business by getting their cars (or more accurately finance facilities for metal on wheels) into as many businesses as possible.
3- Managing those accounts effectively and then disposing of the assets in the most profitable efficient manner


Its very rare for employees to be offered a buyout price on their vehicles if leased. If the cars are bought Outright Purchase (some cash rich companies prefer buying this way then its more common (but they tend to run their cars longer 4-5 years).

Some allow driver first option and then send out an email monthly where employees can put sealed bids on each car and winner gets it if its above the reserve.

The only other exception I can think of is some car company schemes but those are industry specific.

My advice would be to look at auction for a manufacturers finance company auction. So this would be a Chrysler finance auction and all vehicles would by Chryslers of low age and milage or similar to yours.

You will be bidding against dealers who can put a big margin on the car but should be plenty of stock.