Buying Private, is this buyer genuine?

  • Thread starter Thread starter LiE
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I don't think it's going to do any good calling him out on price, he obviously has decided he won't sell it for any less for whatever reason.
 
Look at it from a more financial sense then. You're buying a £27.5k car, which will have no warranty in two months time. It has a V6 with two turbos, Quattro and a tiptronic gearbox, possibly the worst combination for potential expensive bills.

How much would it cost you to extend the warranty (can you?) and try to look on AT / PH / Ebay for completed listings of the same car.
 
cazana is correct on prices, my z4 coupe that I sold comes up as "was listed for sale ..." at the correct price, to the pound. They pull it from auction sites/gumtree/AT etc.

it probably wont do calling him out on price but end of day if it's a good price then there's no reason to call him out.

just do your checks properly and you'll be fine.
 
Look at it from a more financial sense then. You're buying a £27.5k car, which will have no warranty in two months time. It has a V6 with two turbos, Quattro and a tiptronic gearbox, possibly the worst combination for potential expensive bills.

How much would it cost you to extend the warranty (can you?) and try to look on AT / PH / Ebay for completed listings of the same car.

It's a September 2016 registered, so it has 3 years warranty from new. So 14 months. You can buy extended warranty the same as you can for a BMW.
 
cazana is correct on prices, my z4 coupe that I sold comes up as "was listed for sale ..." at the correct price, to the pound. They pull it from auction sites/gumtree/AT etc.

it probably wont do calling him out on price but end of day if it's a good price then there's no reason to call him out.

just do your checks properly and you'll be fine.

He bought from Audi West London for 28,000 in May, and selling for 27500 privately, listed end of June.

Looking through those listed currently it's priced similar to dealer prices, but it is specced better than all the ones I have looked at.
 
I agree, but this car ticks all the boxes and I may find myself waiting for a car that doesn't turn up, or does turn up at the wrong price. Carzana reckons it's worth 30k, not sure how accurate that is?
Something is worth what someone will pay for it. These cars are rare for a reason, the market for them is small. Just because you want one doesn't mean it is a particularly desired vehicle, the fact your finding it hard to source one simply means that very few were sold with that spec. The less common the car the more difficult it is to pin a book value on it.

What I would say is that if it was likely they could have got over £30k for it, Audi wouldn't have sold it for £28k.

If you want it and you like the price then go for it, just remember that just over a month ago you could have got this car at an approved Audi dealer for basically the same money. With that ringing in my ears I'd be holding out for one either significantly cheaper or at an approved dealer. The fact it will be a three owner vehicle rather than a two probably hits the value by more than the £500 he's dropped it by anyway!
 
Something is worth what someone will pay for it. These cars are rare for a reason, the market for them is small. Just because you want one doesn't mean it is a particularly desired vehicle, the fact your finding it hard to source one simply means that very few were sold with that spec. The less common the car the more difficult it is to pin a book value on it.

What I would say is that if it was likely they could have got over £30k for it, Audi wouldn't have sold it for £28k.

This one is is similar spec, but missing comfort and sound pack. It is 12 months newer and priced at 34.2k

https://usedcars.audi.co.uk/usedcar...gRW5nbGFuZA|1070,2016|1100,176/l|12,1,t_geo,U

12 months newer, missing pretty much all the options, 31.7k

https://usedcars.audi.co.uk/usedcar...bGFuZA|1070,2016|1100,176/l|12,2,PRICE_SALE,D

same as above 30k

https://usedcars.audi.co.uk/usedcar...bGFuZA|1070,2016|1100,176/l|12,2,PRICE_SALE,D

Same age and price missing all the spec.

https://usedcars.audi.co.uk/usedcar...bGFuZA|1070,2016|1100,176/l|12,2,PRICE_SALE,D

I think you are right about pricing these cars, it is hard as most are the 190ps petrol/diesel variants. I'm looking at the 252ps / 272ps variants and they seem very thin on spec at this price point.

From my research I'm pretty comfortable with the price, but only because it has Audi warranty until Sep 19.
 
Asked about getting dayinsure to test drive it, at first he said sure, then said this:

TBH, thinking about it on the insurance side of things i would prefer not if at all possible.


If you choose to insure and crash it on the test drive, you will need to confirm to me in writing that you will personally make up the difference between what the insurance company pays out on it and what the car is advertised for. My RS4 was worth £38k. The insurance company paid out £29k on it. Not really comfortable with that happening again, however small the risk. Sorry to be a pain in the backside.

He kinda sounds like me, but from a seller perspective. Worried about all sorts of things.

However, I will need to drive it. I haven't driven this particular engine variant, only the 252ps 2.0 TFSI before, with the S Tronic.
 
However, I will need to drive it. I haven't driven this particular engine variant, only the 252ps 2.0 TFSI before, with the S Tronic.

Personally I would drop past a dealer and drive their car with this engine and gearbox first. If you didn't like it, then you wouldn't have to worry about jumping through hoops with this chap, just to get a drive. I can see where he's coming from though.

It would also give you piece of mind when/if you do drive the private car, you'd possibly know if there was something wrong with it.
 
Go down to your local Audi to drive a random one with the correct engine and gearbox?

I don't think it's a scam, he's obviously not losing much / any money and he basically just sounds like a really worried seller.
 
Tbh if he has lost his job and is being forced to sell. The fact he isn't willing to accept low ball offers sounds like he is genuine but probably a time waster.

As in I know someone who bought from someone who had lost their job. And they used this to their advantage to literally offer much lower as they knew they were desperate to sell.

So the fact he's said up front no offers, etc. I'd say look elsewhere.

A saving of £3K from a dealer would be normal for a private sale.

So I would say that is the going rate. Especially if it's a newish car and expensive I know audi and a small step down from RS4 has been mentioned.

If he bought this to replace a stolen rs4 (insurance money) then it's likely an expensive car. so yeah he's asking the going rate yet making out he's desperate to sell however not willing to lower the price.

i'd say to him up front. look your not going to get more than this from a dealer so take it or leave it.

Have you tried contacting the dealer he bought it from to check how long he's had it and whether any warranty will carry over?

this for sure

He bought from Audi West London for 28,000 in May, and selling for 27500 privately, listed end of June.

Looking through those listed currently it's priced similar to dealer prices, but it is specced better than all the ones I have looked at.

£500 off dealer price then?

he's having a giraffe.

lol i'd be offering £24K willing to negotiate to £25K.

that is if he could prove he paid £28K for it the month before.
 
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£500 off dealer price then?

he's having a giraffe.

lol i'd be offering £24K willing to negotiate to £25K.

that is if he could prove he paid £28K for it the month before.

I think it's a case of he is selling the car after only 1 month and in his head he can only justify selling the car if he gets what he paid. Whether or not the story about his house is true or not I don't know.

It still has the same warranty. So it's basically 500 less than he paid, and an extra previous owner.

If there was more out there in my budget that ticked the boxes I probably would be pushing for a lower price. I linked examples above.
 
that is if he could prove he paid £28K for it the month before.
What he paid for it is irrelevant if the price he is asking is fair. TBH Carzana is throwing the spanner in the works by showing what he paid for the car from the Audi dealer.

I do agree that if he thinks another name on the logbook, a couple of months older, a couple of months less warranty and as a private sale versus main dealer is worth just a £500 drop then he is dreaming.

The flip side of this is that LiE can't find an alternative that matches this one for the money so I guess you could flip it on its head and say that the £27.5k is a fair price and the seller was just lucky to bag a bargain at a dealer who needed to clear sales for the month.
 
I think it's a case of he is selling the car after only 1 month and in his head he can only justify selling the car if he gets what he paid. Whether or not the story about his house is true or not I don't know.

It still has the same warranty. So it's basically 500 less than he paid, and an extra previous owner.

If there was more out there in my budget that ticked the boxes I probably would be pushing for a lower price. I linked examples above.

sounds like you have already lubed up and ready to be bent over.

if he truly is desperate to sell then he will take a lower price. if he isn't then he won't.

so he's lying about something.

an extra owner takes more than £500 off. regardless of if he owned it for 1 day or a 1 month.

it's also a private buy not approved used. have you confirmed audi will cover you?

the cars you all linked to were from a dealer were they not?

you do know the difference between buying from an official shop and a man on the street dont you? well i would hope so. if CPW is selling iphone for £900. and john just bought one yesterday and is selling to you on gumtree now second hand. would you think an asking price of £850 is realistic?

bare in mind you won't be offered the same protection you will if you buy from a dealer.

that protection alone would be enough to tell him to **** off. i'd rather pay £500 more and buy from a dealer.

i'd be offering £23K as a starting point. how much do you think audi offered to buy back off him? probably £21K.
 
Like anything else - how much risk are you willing to take? If you don't give him £27,500, how likely do you think it is anyone else will before he starts ringing dealers and checking WBAC?

If you think its sought after, you'll never find another and it'll snapped up in minutes, pay the man the money. If you think actually, there isn't a queue of people with £27,500 burning a hole in their pocket and he's actually going to have more trouble selling than you are buying, let him sweat it out a bit.

What does WBAC offer? That'd give him a wakeup call if he really 'has to sell'
 
i'd rather pay £500 more and buy from a dealer.

So would I, but there's isn't a 28k car like this at a dealer.

The car is less than 2 years old, it's covered by Audi new car warranty, not an approved used warranty.
 
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