Buying cars - again

AO78

The earlier car thread has got me wondering, is there a general rule of thumb of how much discount off the advertised price of a 2nd hand car is reasonable to expect? From a dealer, rather than private seller? Thanks in advance.

motorguy

AO78 wrote: »

The earlier car thread has got me wondering, is there a general rule of thumb of how much discount off the advertised price of a 2nd hand car is reasonable to expect? From a dealer, rather than private seller? Thanks in advance.

Dont go by discount, go by the price relative to other cars in the market - of which there are plenty and prices will vary greatly.

I'd rather have £100 off a car at £9000, than £1000 off the same car at a different dealer but advertised at £9995.

ballyblack

Most car dealers mark up their prices to allow for a trade-in

a lot of people over value their own cars, if they think they are getting a high price for their own car they will do a deal quicker!

If you have no trade-in a discount is always available.

The amount of discount will vary with the availability/desirability of the model on sale




.

motorguy

ballyblack wrote: »

The amount of discount will vary with the availability/desirability of the model on sale

.

Not really. No.

It will vary based on many factors.

• How much profit the dealer has to work with
• How much profit the dealer is prepared to give away as discount
• How long the dealer has had the car
• How much he wants to move the car on at that particular time
• How much discount the dealer has already offered by advertising it at the price he has
• How hard you negotiate