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Selling used car to dealer - tactics to get best price?
Comments
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Ok, back to we buy any car (who are just dealers behind a fancy ad) and a dealer. The threads complaining about them are because they're a national company and a lot of people have been upset by them.
An independent dealer will be the same way with you.
You just want rid, go to them. They will give you what a dealer will. Because they're dealers too.
And Parkers mention a trade-in price ( dealers ignore parkers anyway) thats the price that you would look at.0 -
Just thought I'd give you all an update on this.
Cleaned the car up, took it to the auction a week or so ago. Set the reserve at just over the average of the three trade-in prices given on the CAP valuation.
It went for exactly the reserve, after commission it will get me almost the exact average of the CAP trade-in prices.
So, local auction worked nicely for me and while I could maybe have got a bit more privately, that was by no means guaranteed - and would definitely have been more work than a trip to the carwash, interior vacuuming, and a quick drive round to the auction. And the difference was only about £150 anyway.0 -
Well done, but I wouldn't normally tell a private seller to go to auction because the costs eat up any profit, the trade get discounts (depending on how many cars they put through a week. Most of the trade don't pay entry fees and there will not be a limit on how many times the vehicle is entered (unless the reserve is set at an unrealistic price).
The only time I would tell a private seller to use auction is if the car has unseen problems that is going to cost a fortune to put right.
But I don't suppose that applied to you, did it?
ML.He who has four and spends five, needs neither purse nor pocket0
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