A daft question just crossed my mind
So if you have a car say worth £25000 and you go to p/ex and downsize, lets say wanted to buy a Peugeot for £10000, would any garage entertain such a deal ??? in terms of giving cash back ?
I know you could sell the expensive car 1st but that could be a big hassle.
I ask as i thought of doing such.....i have a PUG worth about £10k if i was to trade it in against a Land Rover which costs £29k, fair enough i give the garage £20k.......but what if in a year or two i wanted to downscale ?
I know you could sell the expensive car 1st but that could be a big hassle.
I ask as i thought of doing such.....i have a PUG worth about £10k if i was to trade it in against a Land Rover which costs £29k, fair enough i give the garage £20k.......but what if in a year or two i wanted to downscale ?
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Comments
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Yes, but don't expect to get a great deal. I'm probably the only person in the world that has ever traded in a Porsche Boxster for a Fiat Panda - the dealer wrote me a cheque of around £11,000 for the difference.0
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Often used to see car dealers' ads with phrases like "P/X with cash either way"If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales0
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Round my neck of the woods there are plenty of 'Motors bought for cash' premises so they will pay you money even if you aren't buying anything ....if the deal is right.0
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So if you have a car say worth £25000 and you go to p/ex and downsize, lets say wanted to buy a Peugeot for £10000, would any garage entertain such a deal ??? in terms of giving cash back ?
I know you could sell the expensive car 1st but that could be a big hassle.
I ask as i thought of doing such.....i have a PUG worth about £10k if i was to trade it in against a Land Rover which costs £29k, fair enough i give the garage £20k.......but what if in a year or two i wanted to downscale ?
Very common
BUT - to get the best hope of a good deal you need to be looking at a dealership that stocks both the quality of car you're looking to downsize to AND the quality of car you're trading in.
For example, if you went back to your Peugeot dealers with a £29K Land Rover they'd trade it on rather than retail it.
Under such circumstances, you'd be better trying round your local "specialists" who would retail that sort of car and go to a dealer for a straight sale deal on what you're buying.
PS - if you think theres ANY chance you'll want back out of the proposed Land Rover deal in a year or two DONT DO IT. You will take a severe hit on the value of it. I'd say an easy £10,000 bath....0 -
Thanks for the replies, the only reason i'd go back is the Land Rover at £29k would be ofc a used one and they only come with a 2 year warranty. I don't think i dare own one out of warranty !0
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Ignore me - posted in the wrong place.0
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In an emergency or if desperate, consider doing this. If you're doing it to save money, think again. I inherited my Dad's Volvo 360 when he died, and planned to sell my little Renault 5. The Volvo was pretty hopeless (heavy, no PAS, hard work on the twisty lanes where I lived) so I decided to sell to a dealer. I was innocent in those days and got completely rinsed on the deal. Never again, unless I had no alternative.If someone is nice to you but rude to the waiter, they are not a nice person.0
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I inherited a Jag and so sold my (2 year old) Audi. Got a much better price for the Audi selling it to a local dealer who sold "prestige" bands than the likes of WBAC or a main dealer. A few second hand places said the Audi was too expensive for them so it took a little phoning around to get the right place.
Likely I could have got a better price privately but I really wasn't going to be bothered with that - tyre kickers etc.0 -
I have recently traded my old car in against a new contract hire and the dealership gave me a very fair price (significantly more than webuyanycar.com).IITYYHTBMAD0
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