We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Help me drive away a bargain

Options
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:

Comments

  • Tallymanjohn
    Tallymanjohn Posts: 1,060 Forumite
    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.
  • mrs_T
    mrs_T Posts: 1,017 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    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.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.