How much can you expect off from sticker price on used car?

wazza
wazza Posts: 2,595 Forumite
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I was wondering what discount can you get from buying a used car from a large dealer. Do they have a haggle/bargining margin?

What was your best deal and for what car?
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Comments

  • skivenov
    skivenov Posts: 2,204 Forumite
    Depends. A lot of the big supermarkets do pile it high and sell it cheap and don't actually make much on each car, just on the volume.

    If it's a main dealer, definately worth an ask, particularly if you get the scent the guy needs a sale.
    Yes it's overwhelming, but what else can we do?
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  • marlot
    marlot Posts: 4,961 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Use autotrader to find out what the real market price is, then negotiate accordingly.

    I've been happy with 1% one one car, managed 20% on another. In both cases that got me to a fair market price.
  • missile
    missile Posts: 11,761 Forumite
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    Depends on what car you want to buy?

    You might get a huge discount on a Ford Mondeo, not much on an Audi Q5.
    "A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
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  • custardy
    custardy Posts: 38,365 Forumite
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    edited 27 August 2012 at 4:39AM
    wazza wrote: »
    I was wondering what discount can you get from buying a used car from a large dealer. Do they have a haggle/bargining margin?

    What was your best deal and for what car?

    there is no set answer
    eg Car A is for sale for £9000
    however they did a deal on that car as trade in
    So it 'owes' them £1000
    now if you take finance,that gives them commision vs a cash price
    Same as if you have a trade in,its what they offer you/profit on the car you want & profit on what they can sell the trade in for
  • wazza wrote: »
    I was wondering what discount can you get from buying a used car from a large dealer. Do they have a haggle/bargining margin?

    What was your best deal and for what car?

    You can get exactly 25%.

    Really, it's obvious that every dealer is going to be different. There is no rule.
  • andygb
    andygb Posts: 14,646 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Just go for it. Offer a grand below the price, and when the guy looks unhappy then start to haggle.
  • It's generally thought if you buy from a dealer or carsupermarket or anywhere salesmen are on commission the last day or two of a month are the best to haggle on as they may be looking to meet targets.

    But as above do your research and pay the price you feel comfortable with HTH.


    And at the end of the day you will lose money on it but as long as you get your use out of it go for it;)
  • Queries
    Queries Posts: 188 Forumite
    wazza, always haggle. For example, I bought a car (a kind that nobody wanted), direct to the owner with cash in hand and saved over a £100 pounds - he wanted £500 pounds for it. Haggle, buying a car is like a mortgage, it is always over-priced.
  • fred7777
    fred7777 Posts: 677 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Usually I have managed to get around 10% in the past.

    There are various things which would affect a dealers willingness to give a discount:
    • Sometimes they have too many part ex cars and need to reduce the number.
    • Sometimes margins are down so they don't want to discount.
    • If a car has only been in short time they may consider a bigger discount as they can replace it and a higher turnover of cars means more profit, alternatively they may think they can get a buyer at the quoted price tomorrow.
    • If a car has been there for a long time they may be more willing to discount to get rd of it.
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