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How do they work out car value in part exchange?
Comments
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For PX figures go to Vauxhall.co.uk (Value My Car)and feed in the details of your car they will give you and estimate of what its worth on PX price.
(Sorry can't link it)0 -
What they can make on it.
If you are buying froma place selling cars at £1695 then they might take yours dependign on condition but you will always get more by sellign privately.
Imagine they have £1000 on each car. So they offer £1000 for yours, then put it on the forcourt for £2000. From that you need to get the salesperson's wages, a service if needed (£200) fixing any faults you might find (new screen if it is chipped £250) potentially a new tyre (£50) and an MOT if needed (£50). Profit down to £450 and that's just with a few things off the top of the head. They have all their running costs etc to come from that too so not too much to play with.
Does that help?
5t.
Don't forget VAT and other taxes.The greater danger, for most of us, lies not in setting our aim too high and falling short; but in setting our aim too low and achieving our mark0
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