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Part Exchange Dealer Figures!!!

So we go into a Ford dealership today looking at part-ex on a new Fiesta, Parkers Price Guide says our cars part-ex is £11,185 yet the dealer has offered us £9,500 and thats after he inspected it and said its in superb condition???
Whats all that about, ours is a 4 wheel drive too and they are supposed to be in demand???
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Comments

  • ryanm198
    ryanm198 Posts: 41 Forumite
    When have car dealers ever been fair?

    I'd walk as well if it was me, unless he knocked a fair bit off the car. Parkers are always a bit generous on part ex prices i find glass's to be more realistic.
  • Rossy.
    Rossy. Posts: 2,484 Forumite
    So we go into a Ford dealership today looking at part-ex on a new Fiesta, Parkers Price Guide says our cars part-ex is £11,185 yet the dealer has offered us £9,500 and thats after he inspected it and said its in superb condition???
    Whats all that about, ours is a 4 wheel drive too and they are supposed to be in demand???

    Depends if the dealer can shift it in fairness. I wouldn't spend £11k on a Fiesta that's for sure

    If they are in so much demand why are you selling?
    If Adam and Eve were created first
    .Does that mean we are all inbred
  • Parkers is rubbish - often their valuations are miles out.
  • need something smaller and more economical as we don't need 2 4wd cars in the household now
  • Gordon_Hose
    Gordon_Hose Posts: 6,259 Forumite
    Debt-free and Proud!
    It's a car dealers, what do you expect. They want maximum profit, so they are going to offer you the lowest price they can get away with. You also pay for the convenience of them taking it off your hands hassle free.

    If you want the best price, sell it privately.
  • Gene_Hunt_2
    Gene_Hunt_2 Posts: 3,902 Forumite
    Whats all that about, ours is a 4 wheel drive too and they are supposed to be in demand???
    need something smaller and more economical as we don't need 2 4wd cars in the household now


    You don't need two maybe others don't feel the need.
  • What Car valuations seem to be fairly accurate. When I part exchanged my car last year the dealer offered exactly the value they quoted.
  • hartcjhart
    hartcjhart Posts: 9,463 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    rip the books up, at the moment the market is bad and you can only sell it for what someone will pay
    I :love: MOJACAR
  • richardvc
    richardvc Posts: 1,165 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    Parkers is rubbish - often their valuations are miles out.

    ^^^^^^^^
    What he says
    Thanks to MSE I cleared £37k of debt in five years and I was lucky enough to meet Martin to thank him personally.
  • Hammyman
    Hammyman Posts: 9,913 Forumite
    So we go into a Ford dealership today looking at part-ex on a new Fiesta, Parkers Price Guide says our cars part-ex is £11,185 yet the dealer has offered us £9,500 and thats after he inspected it and said its in superb condition???
    Whats all that about, ours is a 4 wheel drive too and they are supposed to be in demand???

    Its called being in business !!!!!!. Did you really expect them to give you market value?

    I can't believe someone honestly has to ask this.

    And a 4x4 with fuel at £1.32 a litre for diesel is a bit of a lemon and most dealers don't want to touch them with a barge pole.
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