Buying Private, is this buyer genuine?

Psycho Sonny · 6 Jul 2018 at 12:26

lordrobs said:
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.

he can't find a similar car from a dealer for cheaper.

no **** sherlock. dealers are supposed to be more expensive than private sellers for a reason. they are even more expensive than indy garages for a reason.

what protection does he get in this sale? it's bought as seen. with the dealer he will have lots of additional protection. he could in that month have knackered something on the car and thinks i'll do enough to sell it on and then it's his problem.

that kind of uncertainty is worth more than £500.

LiE said:
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.

and you confirmed with audi you are covered for everything? if so then i'd still offer lower unless you think it will be sold soon as some guy down the road also has £30K to drop on this car.

if he truly is desperate i'd be willing to test that. if you must have this car and not prepared to let it go then go ahead pay the £27K you seem content to. but i'd be offering much lower. plenty more fish in the sea. i'm willing to bet if you wait 1-3 months other cars will pop up.

LiE · 6 Jul 2018 at 12:30

I think you are overlooking the fact this is covered by Audi new car warranty until Sep 2019.

Psycho Sonny · 6 Jul 2018 at 12:32

LiE said:
I think you are overlooking the fact this is covered by Audi new car warranty until Sep 2019.

does that cover additional owners? warranties can be funny that way. as in only the original owner it covers.

LiE · 6 Jul 2018 at 12:32

Sent him an offer for 26,500. Lets see.

Psycho Sonny said:
does that cover additional owners? warranties can be funny that way. as in only the original owner it covers.

Yea the warranty is on the car, not the owner.

MooMoo444 · 6 Jul 2018 at 12:34

LiE said:
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.

Lots of unknowns that a warranty wouldn't cover, mind.

Psycho Sonny · 6 Jul 2018 at 12:34

LiE said:
Sent him an offer for 26,500. Lets see.

if this is true "Currently in the middle of moving house and I lost my job last week. So need some cash quickly to complete purchase of new house. Liquidating assets such as my car will help me get there."

then he would have to be a moron not to accept it

LiE · 6 Jul 2018 at 12:36

He will reject it, no doubt. I will just have to sit tight and see how long it takes for him to decide he really does need the cash.

Quinnaay · 6 Jul 2018 at 12:43

Username checks out..

Psycho Sonny · 6 Jul 2018 at 12:44

LiE said:
He will reject it, no doubt. I will just have to sit tight and see how long it takes for him to decide he really does need the cash.

all you need to do is wait until his first finance arrangement bill comes in. he will likely counter offer.

i take it you have met with him in person? how did he seem? what was his house like? this will go a long way in negotiating.

Kenai · 6 Jul 2018 at 12:45

When he does reject it, let him know you'll be willing to talk if he changes his mind in a few weeks, then offer him £25,500

LiE · 6 Jul 2018 at 12:45

Psycho Sonny said:
all you need to do is wait until his first finance arrangement bill comes in. he will likely counter offer.

i take it you have met with him in person? how did he seem? what was his house like? this will go a long way in negotiating.

I haven't, I was planning to go visit him tomorrow morning and buy if all checks out.

Funky-Melon · 6 Jul 2018 at 12:46

LiE said:
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.

Without reading every post in this thread - Surely this is all that matters?

1: You like the car and it ticks all the boxes - Check
2: You can't find another for the same spec and price - Check
3: It's still under Audi warranty - Check

What else is there to it? Get a HPI check on it and if it's OK just take a look with intent to buy if all matches up? It's 2 years old and in warranty - I understand it's a lot of money to throw down but mechanically/reliability wise, any hic-ups just throw it in Audi's face, job done - What's so scary about it?

Psycho Sonny · 6 Jul 2018 at 12:48

LiE said:
I haven't, I was planning to go visit him tomorrow morning and buy if all checks out.

so you are offering on a car you haven't seen in person and you haven't met the buyer or seen any official papers?

christ - i have 2 cars for sale now if you are interested.

LiE · 6 Jul 2018 at 12:52

Psycho Sonny said:
so you are offering on a car you haven't seen in person and you haven't met the buyer or seen any official papers?

christ - i have 2 cars for sale now if you are interested.

Yes, I can't see the issue? If I turn up and it's a shed, I walk away. If everything checks out, I've already agreed a price I'm happy to pay.

Kenai · 6 Jul 2018 at 12:53

Psycho Sonny said:
so you are offering on a car you haven't seen in person and you haven't met the buyer or seen any official papers?

christ - i have 2 cars for sale now if you are interested.

Plenty of people will agree a price up front, conditional on the car being as described, so as not to waste time looking at something if they're not going to accept what you're willing to offer, especially if travelling is involved.

LiE · 6 Jul 2018 at 12:53

Funky-Melon said:
Without reading every post in this thread - Surely this is all that matters?

1: You like the car and it ticks all the boxes - Check
2: You can't find another for the same spec and price - Check
3: It's still under Audi warranty - Check

What else is there to it? Get a HPI check on it and if it's OK just take a look with intent to buy if all matches up? It's 2 years old and in warranty - I understand it's a lot of money to throw down but mechanically/reliability wise, any hic-ups just throw it in Audi's face, job done - What's so scary about it?

I think the biggest obstacle right now is the fact he bought it for 28,000 (more maybe less) and is selling privately for 27500. 1 additional previous owner, 2 months less warranty and private.

Funky-Melon · 6 Jul 2018 at 12:56

LiE said:
I think the biggest obstacle right now is the fact he bought it for 28,000 (more maybe less) and is selling privately for 27500. 1 additional previous owner, 2 months less warranty and private.

True, but if there are none around for the same spec/price - Why does that matter?

If he only paid £1 more than he's offering it to you for, what difference does it make? If £27500 for that car is still less than others out there, it doesn't matter.....Or am I missing the point?

Kenai · 6 Jul 2018 at 12:58

Never buy a car from a dealer, they probably paid LESS than they're charging you for the car. Rip off merchants :eek:

MooMoo444 · 6 Jul 2018 at 13:04

Making money, how devilishly cruel :mad:

Psycho Sonny · 6 Jul 2018 at 13:13

Funky-Melon said:
True, but if there are none around for the same spec/price - Why does that matter?

If he only paid £1 more than he's offering it to you for, what difference does it make? If £27500 for that car is still less than others out there, it doesn't matter.....Or am I missing the point?

it will be impossible to get one with the exact same plate and spec for sale at the same time i imagine.

therefore the others that cost more are they newer? have less owners? are being sold by dealers nor private sale, etc.

all of these things effect the value.

what if i showed you the same spec car but slightly older for cheaper? how would that figure into it?

he has lied in his ad to maximise value. which let's be honest we all would do. then he's come out and told use he needs to sell the car desperately but he won't accept offers. does that sound like someone who is desperate?

obviously in his position you want the max you can get as any seller would. as a buyer you want to pay less.

if it's a good price then pay it. however i, in this situation given the above info would be low balling all day long. i don't care if it is the cheapest. i would be testing how desperate he is.

LiE said:
Yes, I can't see the issue? If I turn up and it's a shed, I walk away. If everything checks out, I've already agreed a price I'm happy to pay.

he will take the stance we agreed a price. as in you could find alloys kerbed, or something doesn't add up. then he will say you are just a time waster, etc.

i would have checked everything out before offering and then backed it up using all the knowledge i gained.. even if it's a wasted journey. which is why i only look at cars within 20 miles.

as in what happens if you find some light scratches. he will argue all cars will have little nicks here and there. it's not a huge scratch, etc. once you agree a price re-negotiating will have little wiggle room.