Trading cars in - dealer valuation

[Paul Eggleton]

I've never really traded cars in, usually sold privately. Now i'm getting older I want less hassle

What sort of % below forecourt/private value is usually offered?

Using the CSL as an example (and i'm not selling), what would a dealer offer if it was worth £25k on the forecourt? £20k? or more?

I know there are many variables but what are folks general experiences?

Thanks

[anissut]

Problem with the CSL they don't book properly in all the guides, ie: CAP and Glasses. Dealers are pretty thick about it and try to quote the same trade price as an M3. Best go try and get an independent like Nick Johnson to bid if you want a trade sale. Also Dick Lovett used to be quite good on CSLs, not sure about recently though.

[Paul Eggleton]

Originally Posted by anissut

Problem with the CSL they don't book properly in all the guides, ie: CAP and Glasses. Dealers are pretty thick about it and try to quote the same trade price as an M3. Best go try and get an independent like Nick Johnson to bid if you want a trade sale. Also Dick Lovett used to be quite good on CSLs, not sure about recently though.

ANISSUT - my question wasn't specifically about CSL's but cars in general........

[shane@mbtech]

Originally Posted by Paul Eggleton

ANISSUT - my question wasn't specifically about CSL's but cars in general........

The % knock down is different from car to car, spec colour, age condition etc, No set trend, ive had trade in offers vary by 5k on my 996 turbo fom different dealers, that was a 32k car.

Think it depends how many they sell etc etc too, and from month to month.

I would say for example a 10k forecourt, would be 7.5k offer from trade.

[anissut]

Originally Posted by Paul Eggleton

ANISSUT - my question wasn't specifically about CSL's but cars in general........

They will just work off one of the trade guides, CAP or Glasses. Obviously whichever one has a lower trade price. It's always worthwhile having those values before you approach a dealer for a trade price. In recent times a lot of dealers have been bidding below CAP due to the nature of the market. So many variables with each and every car, ie: a lot of demand, no demand, supply status etc. There is no formula you can work off. If you know anyone with access to one of the guides just ask them first, that's what I always do.

[mattCSLnut]

Originally Posted by Paul Eggleton

I've never really traded cars in, usually sold privately. Now i'm getting older I want less hassle

What sort of % below forecourt/private value is usually offered?

Using the CSL as an example (and i'm not selling), what would a dealer offer if it was worth £25k on the forecourt? £20k? or more?

I know there are many variables but what are folks general experiences?

Thanks

IMHO P/X is the fastest way of getting FOOKED... U might as well lower your trousers and bend over while you're asking ... I hate car dealer for that ... No offence Lawsy

[Fasteddie]

Here's my 'ad' for the guys who bought my car off me. I recently sold my Elise 111R, I only connacted these guys to get a 'very bottom' price from them but they offered me enough to see that the hassle of selling was in fact not worth it. My car that had track suspension on it (Ohlins two ways if you need to know) it also had braided hoses, toe links done and had been 'set up' nicely when the shocks were put on, also had full dealer history almost 3 years old, needed one wheel doing, the front spoiler lip was shaved and had 17k miles. I thought I'd be happy with £21k, they offered me £19k but I could keep the shock (I can sell these for between £1000 and £1200). So surprise surprise I sold it to them. So the difference in what I could achieve was low, however I think a Dealer could sell this on at £23K no probs
These are the guys to contact, in general (Obviously) I hear Nick is a good buyer of CSL's but I know these guys like nice cars and wanted to sell me a CSL but then that takes the fun out of buying, doesn't it?? I'll tell you after this weekend!!
http://www.carconnector.co.uk/

[derek]

i got offered £14k for mine and £15k if it had sav nav against a VXR8. Most dealer get prices from traders who have no idea about the csl

[Dan]

Originally Posted by mattCSLnut

IMHO P/X is the fastest way of getting FOOKED... U might as well lower your trousers and bend over while you're asking ... I hate car dealer for that ... No offence Lawsy

I got a superb trade in price on my old M3! Got £100 MORE than I paid for it, they then put it on eBay and lost £200 on it over what they gave me!

If your smart and know what you want or need then it can be done

[mattCSLnut]

Originally Posted by Dan

I got a superb trade in price on my old M3! Got £100 MORE than I paid for it, they then put it on eBay and lost £200 on it over what they gave me!

If your smart and know what you want or need then it can be done

I was referring more to everyday shitter M8... not Specials like the M3 or the M3 CSL ... different ball game all together + you probably beat the seller of your old M3 to the ground on price and later were willing to spend more cash on a very limited market toy during difficult financial times when cars like the CSL were/are at their lowest prices ever. I bet the deeler who had your M3 CSL For Sale needed to move it on, hence U got a blinding P/X for your old M3, not to kill the deal. There is something to be grateful for, during this recession