Am I Expecting Too Much?

force_ten

I can see your thinking but if it is a Mazda main dealers would they put your Hyundai on their forecourt for sale

do they have solely Mazda as their stock or do they have other marques for sale as well, and what age do they sell cars up to, what many dealers do is take a car as part ex and it send straight into the auction and all they will look for is money back

and for this reason they will offer you bottom dollar on your car, as an example of this in 2003 I had a 54k seven year old ford mondeo that i was changing for a brand new 2003 2.0l zetec costing £14,000.00 dealers offer on my car £600.00

i sold my car a week later for £1900.00 and i let it go cheap as i was selling it to somebody i knew, makes the dealers £600.00 look a bit silly

pimento

It's a cut throat business alright.

force_ten

writing this made me think of the day a bought my six month old ford Orion back in 1989

the screen price was £8695.00 and the new price would have been around £10,995 so i was saving about just over 2 grand on a new car

I managed to chip him down a bit and got the orion for eight grand, then it came to the part ex, he offered me rock bottom money for my part ex and i said i was looking for a bit more for my part ex and i will never forget his reply

he said I will give you £700.00 more for your part ex if you pay me the screen price for the Orion that just summed it up for me

pimento

Enough said.

I'm going to put a sign in the window of my car and see what happens. I'll keep my eye open for a private sale one on AutoTrader.

It's a shame he wouldn't have come down another £500 or so. I might have been sorely tempted.

burlington6

pimento wrote: »

Actually, if my car is worth £5k to a dealer, then they won't have been giving me any discount at all.

£16995 minus the £500 discount offered = £16495

Less the part exchange car screen price £5450 assume they take £5000 ( which would be a bigger % discount than offered on the Mazda to me) = £11495

Less the £10000 I would have financed = £1495

So we were actually only £1500 apart and I'd have met him halfway on that.

Or have I worked it out wrong?

I think your figures are wrong in the respect that you want a retail price for your px......or have i read that wrong?

colino

OP yes, your expectations on chipping a retail price plus getting a fortune as a trade in are rather optimistic. I'll throw in another element into why the deal went nowhere; there is a credibility gap from the trader of someone wanting to jump into a full-retail, sporty car from an earth shatteringly dull piece of whitegoods.

pimento

Well there is a link a bit upthread for a car that is identical to mine (same year and mileage) for sale with a dealer at £5450. I expect he would take £5000. That's where my price of £5000 came to me. I didn't expect him to give me £5000 for my car but to perhaps lower the screen price of the Mazda and if he had done that, I would have upped my offer by some and we could have done a deal, I'm sure.

Smoke and mirrors but he was so completely inflexible.

iolanthe07

A 2009 i30 will be either out of the five year warranty or very near it. That is probably why the offer seems a bit low. I'd go for a private sale. They are popular cars which have a reputation for being reliable, if a little pedestrian.

pimento

iolanthe07 wrote: »

.. if a little pedestrian.

That's why I'm selling it.

Here's the identical car to mine. Even the same colour.

http://www.autotrader.co.uk/classified/advert/201408206749873/sort/default/postcode/sy11de/onesearchad/used%2Cnearlynew%2Cnew/page/1/usedcars/radius/1500/model/i30/maximum-age/up_to_5_years_old/advert-type/Classified/maximum-mileage/up_to_25000_miles/make/hyundai?logcode=p

pimento

colino wrote: »

OP yes, your expectations on chipping a retail price plus getting a fortune as a trade in are rather optimistic. I'll throw in another element into why the deal went nowhere; there is a credibility gap from the trader of someone wanting to jump into a full-retail, sporty car from an earth shatteringly dull piece of whitegoods.

You mean, I should have told him that my husband died two months ago and I want to do something reckless for a change?