Getting a valuation from the dealer

fatbelly

You see these cars, if low mileage, advertised for £4500.

You are unlikely to get anywhere near that

Make sure when asking for a valuation that it is clean inside and out and clutter free. You might get £2500 as a trade-in

Alanp

https://forums.moneysavingexpert.com/discussion/comment/81876576#Comment_81876576

yes that’s the one thing ill be asking to see, it’s service history, if it’s not full Hyundai then it gets rejected, a picanto isn’t out of the question either, but she likes the i10, it depends on the deal..

Alanp

https://forums.moneysavingexpert.com/discussion/comment/81876619#Comment_81876619

if she can get 2.5 k then I think that’s a fair price

daveyjp

£4500 advertised. Main dealer will probably look at half this at best, but as mentioned the deal needs looking at in the round against the price of a new one and incentives which may be offered.

paul_c123

The only way to get an accurate valuation is to ask the dealer what they'd give in part-ex for it (also detailing which car you want to buy). They will spot things you've missed on the car; and they will also adjust the trade price up or down depending on the desirability, time-in-stock and price of the car you want to buy.

Alanp

I guess my initial question was based on not giving the dealer too much info, I would normally go into the dealership armed with an idea of what the px was worth then negotiate, if the dealer is forewarned as to the value of a px then would it be detrimental to that?..

Grumpy_chap

https://forums.moneysavingexpert.com/discussion/comment/81877466#Comment_81877466

What valuation does WBAC give you?

The most MSE way here might be to go for the brand new car with the finance incentive discount (which you will clear the finance quickly so avoiding the interest) but not trade the current car to the supplying dealer - punt that around local "we buy your car for cash" places to get a bit more than WBAC offer.

It is quite possible that the dealer offering the new car with finance incentive will be limited as to how much they have remaining to negotiate with and "enhance" the value of the trade in.

Remember, a dealer offering a used car and not the finance incentives can easily offer a great trade in valuation if they inflate the sticker price for the car on the forecourt.

Goudy

https://forums.moneysavingexpert.com/discussion/comment/81877764#Comment_81877764

You can still keep your powder dry with the dealers. It's just a matter of what you say and when.

You might want to go in and get them to quote a deal for everything on finance. So let them bump it up with all the add ons like GAP, paint treatment, service plan and so on, then see what trade in value they offer.

Negotiate on that trade in value as best you can, then strip the deal back to just the trade in and cash without all the add ons.

Of course they might try and chip back the trade in value when you start to strip back the deal to cash but just tell them you will sign there and then if they reinstate the trade in value back to the original quote or you'll walk away.

Alanp

https://forums.moneysavingexpert.com/discussion/comment/81878028#Comment_81878028

interesting, I might try that

Alanp

bit of an update, she’s seen a car within group stock , an i10 with just short of 7k miles, it’s an ex demo just over 1 year old so 4 years warranty left, she’s test driving a similar car on Friday but I’ve told her not to commit until she’s actually driven the car , ( it’s at another dealer so it will have to be brought to the dealer)..