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Help me drive away a bargain
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Calling all you motoring experts.
This is probably a "how long is a piece of string?" question, but any advice would be gratefully received. I am looking to buy a used car (several years old) and know that the dealers don't expect to sell their cars at the sticker price. How much though, can I realistically expect to knock them down by on a cash deal? Is it realistic to buy a car stickered at £4,000 fo £3,000? :beer:
This is probably a "how long is a piece of string?" question, but any advice would be gratefully received. I am looking to buy a used car (several years old) and know that the dealers don't expect to sell their cars at the sticker price. How much though, can I realistically expect to knock them down by on a cash deal? Is it realistic to buy a car stickered at £4,000 fo £3,000? :beer:
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Comments
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It depends on too many factors - the most obvious being how much would the dealer have paid for it - they aren't going to make a loss. For that you'd need to establish the Trade price & they do that using Glass's Guide - a trade-only pricing book, though you'll find Parker's etc. give near approximations. Once you have that trade price figure you can then just see how near an offer to it they'll take. Also, just because you have cash doesn't make you a favoured customer - they'll make more money selling you a car on finance, hence you'll often see a lot of 'minimum part-exchange' offers & these are nearly always linked to a finance deal.
Finally, leave it until early/mid next month after the new registrations have come out - that's when dealers get a small glut of cars.0 -
http://www.vauxhall.co.uk/vx/finance/valuemycar.do?method=loadPartExchange&source=C
Use this link to get a free Glass valuation and save £2.95.0
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