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What is a realistic price to ask to be knocked off on a car selling (dealer) for 6000 grand?
Absolute novice me.
Absolute novice me.
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Replies: 13
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youre selling to a dealer?
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Sorry, no buying
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What car you after?
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just mean what sort of car? Little run around, 1.2l no tax, 15 plate.. just fully serviced..
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If they are asking 6K then I think a £4.8K cash offer is a fair opening gambit. If they say no then just walk away and they'll come back with a counter offer.
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Tbh, Buy private. every time.
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Got to give slippy some credit here, 20% off is about right.
(Late 80's) I bought a car for £3,100, it was £3,600 on the front and £3,100 was all I had. No matter what I said the dealer wasn't going to drop to £3,100 so I had no choice but to walk away. As I did he actually chased me down the road and agreed the deal. If he says no to £4,800 go to £5,000 and then walk away. Tell him it's all you have. Remember, cars decrease in value no matter if they're on the forecourt or outside your front door... he needs to sell! |
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If you work on a dealers margin of 20% you shouldn't be that far off the mark. Of course what you pay depends on how much you want the car. 2nd hand cars are not like new, they are all different, so if you find a good one you really want don't lose it by playing hardball.
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Of course he needs to sell but not at any price,offering £4.8k is not gonna get him onside,
his profit on the car is likely to be circa £500 |
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One of the biggest earners for dealers is gap insurance,they will ask for 3 times what you
get it for on the net. |
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If you want a run around stick to Japanese and try not to pay more than 2k for it. My last three cars were a Honda Prelude £1,250, had it a couple of years sold it for £500. Next car Alpha Romeo estate with only 50,000 on the clock sold it for £150 and current old beater which I use mainly for going fishing, car boots and dump runs. I've had for two and a half years and still running strong. I also have a Hyundai Tuscon which I paid 17k for only had it three months but I guarantee I've already lost more on it than I did on the other three cars put together
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kick tyres
sharp intake £4500 cash start countin notes |
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Main dealers not interested in cash sales unless it’s a shed ,if it’s a desirable car it will be advertised and hawked all over the place including the internet and if it’s a good un they will be looking for a financed sale ,heard of dealers backing off as soon as cash is mentioned and saying it’s sold only for car to reappear on forecourt weeks later .Its all change with car selling and a good one owner genuine car the margins are tight and they know it .Without knowing make and model it’s impossible to say ,fewer new sales so what decent stuff they retain they wil want the shilling . Prob best changing to a cash buy late on rather than early as it won’t help imo .The add ons can be the diff ,take someone that knows the score and see what you can get warranty wise but don’t forget they will likely have bids on it ,it’s like houses now and expect to miss one or two before you get one .tbh it’s a minefield ,get help .
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