Online Car Buyers

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stearman65

stearman65

Well-Known Member
I tried "we buy any car"... ..they actually offered a decent price.
I didnt like the thier attitude but the deal was ok. You agreed the price online (based on your description)....then you take it to the nearest site and must take all documents & keys plus proof of i.d.. they pay the money into your account and you walk away minus a car.
They are avoiding time wasters so have a point....but were very abrupt/rude so I did a PX for £100 less.
The company that contacted me after my initial enquiry are coming to my home on Tuesday. Evans Halshaw wanted me to visi them at their Preston showroom. Bought a new Fiesta from them in 2007 wouldn't use them again, the delivery delay cost me a model change.
 
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stearman65

stearman65

Well-Known Member
Update, the company linked in my first post was supposed to come today at 10am, I got a call the day before asking if I could put that back an hour which I did. at 11am they hadn't arrived so I emailed them to say if they weren't there at 12am to forget it. at 12am I rang one of the other companies Evans Halshaw & made an appointment to take the car to Preston for 3.20pm. At 12.30 the original company rang to say they had arrived. I agreed to see them. After 45 minutes of minute examination by a guy who was taking his examiners test, & 3 threats to leave for my next appointment, they gave me a price of £5300, £531 + the £69.99 admin' fee,= £600.99 less that initially agreed. I said no & left for my appointment with EH. they took the car away & the doc's, came back after 30 minutes & said I would have a price within 1 hour. I drove home & they rang & offered £5505.00 no admin fee.
Tomorrow the company I bought the car from is giving me a price, so from that I will decide whether to hold on a bit longer in case any of my other adds bear fruit.
 

SteCenturion

I am your Father
Having been involved with buying and selling cars for over 40 years I see people struggle to get their head around trade values.
@screenman :hello:

I have always worked off the idea that the retailer/dealer want between 1500 & 2k profit on buying in/px minus any prep work (which would be small beans for prep at trade) + their profit margin on the sale to customer if p/x.

Would I be way off the mark or over generalising ?

For clarity I am talking 1500 to 2k difference between trade book & a private sale.
 

screenman

Squire
@screenman :hello:

I have always worked off the idea that the retailer/dealer want between 1500 & 2k profit on buying in/px minus any prep work (which would be small beans for prep at trade) + their profit margin on the sale to customer if p/x.

Would I be way off the mark or over generalising ?

For clarity I am talking 1500 to 2k difference between trade book & a private sale.

In lots of cases nowadays that would be nice, in truth it is far often far less.

Not forgetting profit and margin are different animals, but if a dealer has a £2,000 margin it is straight down to £1600 once the VAT man has his bit.
 
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