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Too good to be true?
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Hi,
I’m currently on the lookout for a nearly new (e.g. ex-demo) Hyundai i10, and very clear about the required spec and my budget. I’ve been trawling the online ads for a while and one recently appeared in AutoTrader which is significantly (about £500) cheaper than all the others I’ve seen, though only 6 months old and only a few thousand on the clock. It looked very interesting, but what rather concerned me was that the seller is a small independent garage and not a main Hyundai dealer. Following the old adage that if it seems too good to be true it probably is, I was tempted to ignore it, but then I wondered what could possibly be wrong. Its Experian check is all OK. I enquired with Honest John who replied to say the best option to cover myself was to check with Hyundai to ensure the car’s warranty hadn’t been voided for any reason. I called them, giving them the registration and VIN and it’s evidently fine. I spoke to the dealer and, for what it’s worth, seemed to have a plausible reason for having it on his forecourt. The garage also gets some very good online reviews. So, subject to viewing it (it’s quite a long drive away) I’m thinking it must be OK and perhaps it really is a bit of a bargain.
Does anyone think I should still be sceptical? If so, what should I do to protect myself from being ripped off?
I’m currently on the lookout for a nearly new (e.g. ex-demo) Hyundai i10, and very clear about the required spec and my budget. I’ve been trawling the online ads for a while and one recently appeared in AutoTrader which is significantly (about £500) cheaper than all the others I’ve seen, though only 6 months old and only a few thousand on the clock. It looked very interesting, but what rather concerned me was that the seller is a small independent garage and not a main Hyundai dealer. Following the old adage that if it seems too good to be true it probably is, I was tempted to ignore it, but then I wondered what could possibly be wrong. Its Experian check is all OK. I enquired with Honest John who replied to say the best option to cover myself was to check with Hyundai to ensure the car’s warranty hadn’t been voided for any reason. I called them, giving them the registration and VIN and it’s evidently fine. I spoke to the dealer and, for what it’s worth, seemed to have a plausible reason for having it on his forecourt. The garage also gets some very good online reviews. So, subject to viewing it (it’s quite a long drive away) I’m thinking it must be OK and perhaps it really is a bit of a bargain.
Does anyone think I should still be sceptical? If so, what should I do to protect myself from being ripped off?
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Comments
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£500 sounds like a reasonable difference for buying via an independent dealer rather than a Hyundai franchise.
Double check it's been serviced according to schedule to preserve the warranty.0 -
£500 sounds like a reasonable difference for buying via an independent dealer rather than a Hyundai franchise.
Double check it's been serviced according to schedule to preserve the warranty.
At this age and mileage (assuming the mileage is genuine!) it's not due a first service yet.0 -
What could be wrong, its a lemon that the original owner got fed up with and traded it in for a non hyundai vehicle?Censorship Reigns Supreme in Troll City...0
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forgotmyname wrote: »What could be wrong, its a lemon that the original owner got fed up with and traded it in for a non hyundai vehicle?
Surely you could say that about any nearly new vehicle.0 -
forgotmyname wrote: »What could be wrong, its a lemon that the original owner got fed up with and traded it in for a non hyundai vehicle?
Or it could be a car that was repossessed through non payment...0 -
what reason did the dealer give for having it?
Have you checked the price of a new one? There are discounts available and deposit contributions available from Hyundai if you buy on PCP (but you can pay off immediately if you want to fund some other way). We have an i10 and was as cheap to buy new (and we got exactly the model/colour & spec we wanted).0 -
Mercdriver wrote: »Or it could be a car that was repossessed through non payment...
As I said in the original post, it's clear on its Experian check which I believe would have picked this up...0 -
what reason did the dealer give for having it?
Have you checked the price of a new one? There are discounts available and deposit contributions available from Hyundai if you buy on PCP (but you can pay off immediately if you want to fund some other way). We have an i10 and was as cheap to buy new (and we got exactly the model/colour & spec we wanted).
The reason the dealer gave was vaguely plausible (though could obviously be a lie), that the owner decided they needed an automatic and couldn't get a decent deal from a Hyundai dealer to buy it back.
Yes I checked the price new, and used CarWow and Drivethedeal, and though the prices offered were fairly competitive in relation to some of the more fanciful used prices at Hyundai dealers (the prices vary hugely for little apparent reason), at the lower end there was still quite a difference.0 -
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Mercdriver wrote: »It would still be clear if it had been repossessed and then auctioned off by the finance house.
How do you suggest I check this then? If you're right this is surely a trap that could apply for any used car, franchise dealer or not.0
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