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Forecourt discount...what should be realistic ?
Comments
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A lot depends on how well the car is presented. I saw a Mondeo which, although cheap, had two bald front tyres and all the trim in the boot was either loose or heavily scratched. Minor faults for sure, but even though the car was keenly priced it gave me a negative impression of the dealer and whether he would honour any faults. It was up for £3700; I wasn't fussed on the car so bid him £400 off as a starter for the car as-is with all problems unresolved. He accused me of wasting his time, so I walked away -- as far as I was concerned he wasted my time as he described the car as "mint condition". It wasn't.
On paper the price was very keen already, but that doesn't excuse the dealer making no effort to fix the car's faults -- he'd quite obviously just taken it from auction and parked it on his lot. NOT what I pay dealer prices for!!!
He probably meant it had lots of holes in it.:)0 -
Sorry, but you're wrong on this. The O/P is buying a used car, so it will be standard HP.
The dealership will get a commission on this, but not enough for them to give a large percentage of it away as a discount on the car up front.
What commission do dealers get on finance for used cars then?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 -
I dont but thanks anyway.
There must be some sort of ballpark % discount that dealers expect to give any comments ?
zwanchef
On used cars, dealers don't work on percentages. They have a set margin they are prepared to keep in the car and usually won't go below that. The trick is knowing how much that figure is.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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