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How much can I haggle off the price of a used card at trade!!!

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Hi All

Hope you can help on this.

I have 5K cash and I have a Focus to part ex for around 2K.

So does this man that I buy a car with 7K on the screen or is there a haggle amount I can expect to take off this price.

Do trade car showrooms have an universal markup that they make on the screen price or are there any rules that I can expect to get the price down 15-20%.

So should I take my 7K and expect to get a car advertised at 9K for it?

Any advice here would be great!!!

Mike

Comments

  • Tallymanjohn
    Tallymanjohn Posts: 1,060 Forumite
    Dealers go by Glass's Guide prices so trade prices are fairly fixed unless the car's very high mileage or poor condition/colour etc. Also, dealers don't particularly want older p/ex's as they can't make a lot on them so there's little room for haggling. Plus, trade prices are actually for trade purchasers - the mark-down is based on things like no warranty being supplied.
  • You may be better trying to sell your car as a private sale,then trying to buy your next car for cash.

    Its surprising the difference ,in how much dealers will give as discount,it depends how much they want to sell the car you are buying and how long it has been in their stock.

    Last year i was trying to buy something around 9k,i was offered about £500 off for cash and the dealer had already lowered the price from the week before.This was on a second hand car,i also wanted a specific type,if you are not so fussy you may indeed do better.The main thing to consider though is if the car you are buying is priced right,there is not much point having a good discount if the car is over priced to start with!!
    :) There are two sides to every story.
    I am not a SAINT just a saints supporter(saints RLFC)Grand final winners 2006.World club champions 2007.
  • £5000 cash and a £2000 tradein will give you a ballpark figure of £7000 a dealer will be reluctant to knock money off a popular model, however if he has had a car in stock for sometime he may well be more willing to deal. the important thing is not the pruchase price +tradein price but the cost to change. what is better value a 7 grand car and your car trade in value of 2k or a similar model for £8500 and a 3k allowance for your car. do the maths and remember that when you start to bargain
    speed is good
  • Not very much Dealers dont like cash as when you take finance out they get extra money for it. You may get a few hundread off if your lucky. Have a look at a few private cars
    Filiss
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