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Best haggling strategies

Mishomeister
Mishomeister Posts: 1,090 Forumite
Part of the Furniture 500 Posts Name Dropper Combo Breaker

I will be looking at buying second had car for about 20k. Any tips on getting the price down, thst worked for you?

Eg. taking out the finance (would be repaying it asap, but obviously dealer doesn't need to know).

«1

Comments

  • paul_c123
    paul_c123 Posts: 952 Forumite
    Fourth Anniversary 500 Posts Name Dropper

    Be polite

    Be prepared to walk

  • Arunmor
    Arunmor Posts: 805 Forumite
    500 Posts Second Anniversary Name Dropper

    You won't get that much movement on secondhand cars or dealer backed finance deals. How old will the car be? Price up new deals if for no other reason than it gives a base price.

    Do your research so you will know a good deal when you see it. Have a couple of brands/models up your sleeve if possible. Be flexible if you can.

  • marlot
    marlot Posts: 5,009 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    Research the market. Know what a good price looks like. There are some extensions for chrome which tell you how long a dealer has been advertising a car, and it's previous prices.

    I'd been looking at one model of car. Dealers up and down the country were advertising it for £28-29k. I'd tried negotiating, but it was hard work - despite some of them having stock in for several months.

    A new listing popped up at £24k. I was on it immediately and booked in with the salesman for 8:30 the following morning (despite it being 100 miles away). I did a deal at the full asking price. It was a fabulous car.

  • PTP123
    PTP123 Posts: 42 Forumite
    10 Posts Name Dropper

    Pay a bit too much for the right vehicle off the right people

    Buy cheap, buy twice

  • Bigwheels1111
    Bigwheels1111 Posts: 3,259 Forumite
    1,000 Posts Fourth Anniversary Name Dropper

    The best deals I’ve seen recently are on new cars.

    I’ve helped 3 friends in the last 6 months.

    They were all looking for second hand at first, but I found the cars they wanted for a couple of thousand more.

    Used online brokers price as a base line.

    Then called dealer after dealer to get a price match, or better price.

    This worked 2 times, the third time auto trader listed the car wanted, a pre reg with 10 miles and 4k cheaper than new.

  • leosayer
    leosayer Posts: 845 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker

    Don't ignore new cars... There are some great discounts to be had at the moment.

    Don't muddy the water at the start with finance or part exchange discussions. Get the price you want before negotiating those topics.

  • forgotmyname
    forgotmyname Posts: 33,061 Forumite
    Part of the Furniture 10,000 Posts Name Dropper

    Things are not the same for car dealers, overheads have risen considerably over the years and the bargains
    are harder to find. Many dealers list the cars at a price they just cannot budge on unless it's the type of
    dealer than will say your problem when a car has faults then blocks you.

    Censorship Reigns Supreme in Troll City...

  • Grumpy_chap
    Grumpy_chap Posts: 20,503 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker

    It will vary a great deal what you mean by "2nd hand car for about £20k".

    That could be a very nearly new car, in which case new might even work out more favourably. https://www.autotrader.co.uk/car-details/202508285827600

    It could be a high-spec, few year old mass-market family car. https://www.autotrader.co.uk/car-details/202601159172356

    It could be something exceeding rare and special. https://www.autotrader.co.uk/car-details/202601299516109

    It could be something classic. https://www.autotrader.co.uk/car-details/202408082680200?

    All would have very different tactics required.

  • Mishomeister
    Mishomeister Posts: 1,090 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker

    Honestly, brand new are double the price. Looking at 5-6 yo

  • Mishomeister
    Mishomeister Posts: 1,090 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker

    It is Rav4

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