Selling car to family

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Soldato
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I bought a 2007 Smart Fortwo Passion 84bhp back in June 2015 from a dealer for £ 5000. In February 2019 I bought a new Smart car costing £ 15000. The dealer offered me a part exchange price of £ 600 for the old car but I decided to sell it to my niece for £ 1000. This was back in February 2019.

I did consider just giving it away for free but decided to ask something for it and I thought £ 1000 was fair. It had only done 19383 miles from new. In a recent email exchange with my brother I revealed that I was offered £ 600 part exchange for the old car therefore was happy with the £ 1000 I got for it.

The fact that I was happy ****** him off and he suggested I could have let her have it for £ 600 rather then sell to the dealer for that price. This ****** me off and made me feel like he didn’t appreciate that the £ 1000 was a fair price.

If you look on eBay now at the sold listings the cheapest went for £ 1181 and this had 72719 miles. See here https://www.ebay.co.uk/sch/Smart

His argument is that cars are cheaper in Jersey because of the lower VAT rate therefore you can’t compare UK prices to Jersey ones. Which is partly true I guess.

At the time my niece had just started work so £ 1000 was a lot to her. She managed to give me £ 400 to begin with and my brother gave me a further £ 200 with the final payment of £ 400 to follow when she had the money.

I let her have a few months to pay it off but when I finally did ask for the money she tried to make out that I was only interested in the money and that the brakes were knackered which wasn’t true as no faults were found when they serviced it.

It seems to me that they were the ones who were only interested in the money otherwise I could have asked at least £ 2000 for it from someone else. I just feel ****** off with it, they never appreciated they got a good deal or said thanks or anything.

On the contrary I could have sold it for £ 600 making out £ 1000 wasn’t fair.
 
family and money meh

You were more than fair

Ask then if they'd like to pay the remaining 400 over the next couple of month and if not give them the 600 back and gan pickup the car lol

You know for a fact that if down the line there's any issues they're just gonna try and blame you

Jersey and VAT doesnt come into it if its a 2nd hand private sale
 
"Yeah, I'd only had £600 offered so I thought I'd sell it to you for £400 more instead"

How did you expect family to react to pretty much being told you used them to make an extra £400 with minimal effort?

Whether the £1000 was a good deal at the time or not, letting on that the only other firm offer you'd had on the car was £600 is never going to end well. Why even mention it?
 
Whether the £1000 was a good deal at the time or not, letting on that the only other firm offer you'd had on the car was £600 is never going to end well. Why even mention it?
Was just being honest didn’t expect him to react this way.
 
If I channel my inner Judge Judy…

”He can sell you the car for whatever price he wants you moron you don’t have to buy it!”

”Never sell a car to friends or family…”
 
I gave my 30” Dell monitor to my nephew for free a couple of years back when I bought the monitor in my signature. Was going to sell it for £ 150 but my brother asked for it for free and I felt obliged to let him have it for nothing.
 
I gave my 30” Dell monitor to my nephew for free a couple of years back when I bought the monitor in my signature. Was going to sell it for £ 150 but my brother asked for it for free and I felt obliged to let him have it for nothing.

Your brother sounds like a bit of a leech if you don’t mind me saying. If I was being kind I would use the word “entitled” unless of course he’s given you some decent items for free instead of selling them.
 
Your brother sounds like a bit of a leech if you don’t mind me saying. If I was being kind I would use the word “entitled” unless of course he’s given you some decent items for free instead of selling them.
To be fair he did offer me his 55” top of the range Samsung TV that he paid £ 2000 for, for £ 200. I didn’t take him up on the offer because I knew it was worth more and didn’t want to take advantage of him.
 
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