Settlement / valuation figure on HP car...

emsywoo123

Hi :beer:

Am 22 months through 36 month HP car purchase, just looking at some options today.......

Spoke to the dealer, who offered me a valuation figure that I thought was quite low (As I would I suppose )

Is there a reliable source online to help me see if they are not being as generous as they might

Many thanks in advance

oscarward

Psrkers for s ball park figure (free) or glasses for a tailored value (chargeable)

Recently 1 dealer offered £2k in part exchange, another £2.8k for same deal.

Depends on targets/ expectations etc. The first dealer has since gone bust.

daveyjp

Find your car type on a main dealer website and deduct an amount for the dealer to prepare car and make some money on the deal. This is what your car is worth.

emsywoo123

daveyjp wrote: »

Find your car type on a main dealer website and deduct an amount for the dealer to prepare car and make some money on the deal. This is what your car is worth.

Thanks

I found this page:

http://www.skoda.net.r66.co.uk/Results.aspx

Mine is a 1.6 Octavia S manual diesel on a 10 plate.

21K miles, perfect condition (according to Mr Salesman) Corrida red

Looks like a little under £12K on there, what sort of figure should I hope for based on those results?

daveyjp

Dealers tend to need a minimum of 1000-1500 on every trade. Say 10k for yours.

emsywoo123

daveyjp wrote: »

Dealers tend to need a minimum of 1000-1500 on every trade. Say 10k for yours.

They have offered me £8K.

No movement. No "let's talk about this and see where we can go......"

Zilch

motorguy

emsywoo123 wrote: »

They have offered me £8K.

No movement. No "let's talk about this and see where we can go......"

Zilch

Bottom book on your car is a little over £8K, so sounds about right

motorguy

daveyjp wrote: »

Dealers tend to need a minimum of 1000-1500 on every trade. Say 10k for yours.

At that price, they'll be looking for around £2.5K gross.

Also, you can get the same car from a dealer for £10495 with even lower miles.

http://www.autotrader.co.uk/classified/advert/201124390794369/sort/default/usedcars/fuel-type/diesel/transmission/manual/maximum-mileage/up_to_20000_miles/body-type/hatchback/maximum-age/up_to_2_years_old/engine-size-cars/1-4l_to_1-6l/model/octavia/make/skoda/radius/1500/page/1/postcode/bt622hb?logcode=p