Selling my car. No patience
- Thread starter dirtychinchilla
- Start date
320i Touring. Not sure on the price. I’ve widened my search a bit from main dealers to approved but at non-main (I think that’s right) and the pricing improved a bit
Associate
Delete/close your existing Auto Trader listing and start again with a new advert asking £16.5K for the car.
A new advert stops the Chrome tracker showing all the fluctuations in price that are on your existing advert.
As others have repeatedly said, you have absolutely no chance of selling the car at £19.5K when dealers are selling for less.
Pricing the car at £16.5K should get you viewings and then you can tell them your story about the car.
Or, just give up and accept that your delusional pricing is not gonna catch a mug and you are keeping the car for the forseable future unless jolted by a reality check.
This situation has similarities to those TV programs where a house seller says "I need to get £600K as I require that to buy my next house"
Existing house is worth £550K, what happens, it dont sell for "I need...", seller never moves or stumps up the shortfall.
I will be doing this at least
Soldato
You're asking for thousands more than a main dealer with very basic information listed (no mileage, exactly what was done etc), no tyre model including if all four are matching and only stating good condition with wear as you would expect from normal use?!
People paying more than dealer prices don't want normal.
People paying more than dealer prices don't want normal.
I had all that stuff in and someone else told me to take it out.
Soldato
Why would you do that when you need to justify why your price is high?
I was just taking someone’s advice. I had all the details in there that anyone could properly want - dates for every service item etc
Should have saved the £400, emptied the fuel tank, stole anything not attached and done that then. Judging by auto trader prices, you should expect 3-4k under trade.
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you read the start of the thread - original version was verbose, as was commented; plus the chatgpt contribution made it unnatural.
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The way this reads is almost as if you originally priced your car based on how much money you want to get so you can buy a specific new car. Like you put it at £21.5k expecting to get talked down to your £20k bottom line that you need for the BMW. That feels the wrong way round in the sense that I'd expect a car to be priced based on what it is worth on the market - and as per title if you are impatient then you need to be priced competitively rather than wait for the right buyer that is willing to pay a premium for a minter.
is p/x still a consideration, such that dealer might give you a more favourable trade in price , with overall transaction cost beating selling privately, and negotiating singly on the new car.
because the dealer can optmise the VAT on gains he ultimately owes the chancellor (dealer can offset his sale prep costs of your car against profits etc.)
because the dealer can optmise the VAT on gains he ultimately owes the chancellor (dealer can offset his sale prep costs of your car against profits etc.)
Yeah fair point. I thought all the detail might show someone how much I'd cared for the car.
I suppose I did, but looking around I also thought it was the right sort of value and hadn't remotely understood the dealer vs. private sale side of things.
The value they give you is so ridiculous. Say it's £14k...they'll put it up for £20k. I'm just not willing to be ripped off like that. I don't see why I should expect 30% less than they'll actually sell it for. I can accept that I won't be able to get the same price as selling at a dealer, but 30% is a a joke.
Because you don't offer:
1. Credit card payment (cashback)
2. Finance (lets be honest, the audience for these cars will generally be finance buyers as there are much better value for money cars if you had £19k burning a hole in your pocket)
3. Peace of mind/recompence if there is an issue (chargeback, main dealer complaints procured, ombudsman)
4. Warranty for the first 12 months (usually, at least).
I'd 110% rather pay £19k main dealer than ~£17500 private (is probably the extent of my tolerance, but I imagine others in this market would be way more risk averse).
the complement to a lowish trade-in, is the value you also negotiate off of the new car - if the new car is 30K and (exclusively) as part of p/x they say it will cost 27K, then the p/x was effectively 17k.
I get all that. Finance can be done through different ways to be fair. But 30%, really?! Like at least get somewhere close.
If they're willing to negotiate. I've found myself stonewalled every time, though maybe I just don't have enough to offer to make it worth negotiating with them.
Guildford BMW have been utterly ****.
I guess you could flip it on its head. You were keen enough to buy a nearly new Q2 when you could have just got a used one for 30% less. You paid 30% more for qualitative things that meant a lot to you; used market is the same.
Soldato
Have you sold it yet?
Associate
OP has no chance of selling based on current pricing and mindset.
A drastic reappraisal on pricing is required quickly to achieve a sale before the month on month post covid price correction wave washes by like a tsunami leaving the car beached and unsold.
This topic has all the makings of a 20 page classic, I love these type of threads.
At first glance there are a lot of Q2's on auto trader for 15/16k of the same year. But if you put filters to be automatic gearbox (seems to command a lot more), similar mileage and the specific 1.5TFSI engine, I'm getting 21.5 down to 18.5 from dealers within a 40 mile radius of OP.
OP's listing is 20k.
OP's listing is 20k.
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