Trade in same model with more miles

mranderson said:
As I said if I had to pay 1k more I would end up with the same car with 40k less miles and a Citroen dealer warranty for a year.
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Not looked into exact figures but I doubt you'll be able to do the swap for £1k.

First of all you'll only be getting part-ex money for your current car, so somewhere between £1k to £1.5k less than you could sell it for privately. That's before the dealer knocks off money for the scheduled maintenance which is required.

Then bear in mind you're looking at buying a car which has a higher initial value anyway due to the lower mileage and the extra cost associated with buying from a dealer (that years warranty they give you isn't free after all).

Look at it from the salesman's point of view..would you be keen to do a deal with someone who wanted to swap your 60k mile car for one with 100k miles? Chances are at that mileage he'll probably send your car straight to auction so he'll want to make sure he's getting enough of a profit out of the deal to make it worthwhile.

I'd say you're probably looking at a couple of grand to replace your perfectly good car with something identical but with lower mileage. I really can't see it making any financial sense whatsoever because you'd be paying a lot of money for what really is very little gain :confused:
 
I would keep the car you have, at least you know it and what may or may not go round. You might trade it in and find you have to pay a lot of money in things which haven't been serviced.
 
OMG, sell that car now! 100k Miles!!!1oneone. Its going to explode! All cars do that at the magical 100k mile mark!!!!! Think of the poor children.....

/sarcasm
 
Bromhead said:
I would keep the car you have, at least you know it and what may or may not go round. You might trade it in and find you have to pay a lot of money in things which haven't been serviced.
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I know but I don't know the previous 2 owners :)
While the new one has had only one owner and will be from a Citroen dealer with a 1 year warranty (whatever that means for Citroen :p)
 
scratch said:
Not looked into exact figures but I doubt you'll be able to do the swap for £1k.

First of all you'll only be getting part-ex money for your current car, so somewhere between £1k to £1.5k less than you could sell it for privately. That's before the dealer knocks off money for the scheduled maintenance which is required.

Then bear in mind you're looking at buying a car which has a higher initial value anyway due to the lower mileage and the extra cost associated with buying from a dealer (that years warranty they give you isn't free after all).

Look at it from the salesman's point of view..would you be keen to do a deal with someone who wanted to swap your 60k mile car for one with 100k miles? Chances are at that mileage he'll probably send your car straight to auction so he'll want to make sure he's getting enough of a profit out of the deal to make it worthwhile.

I'd say you're probably looking at a couple of grand to replace your perfectly good car with something identical but with lower mileage. I really can't see it making any financial sense whatsoever because you'd be paying a lot of money for what really is very little gain :confused:
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There is certainly gain if I swap for 1k and I would consider 1.5k tbh. As I mentioned previously I will need to pay around 1k anyway for my current C5 in the next year which I will not have to pay for the other car until at least another 4 years (at which time I have probably sold it).
If I decided to sell the 60k car privately I would get probably 1k more than if it had 100k.
I hope it makes it clearer.
 
We'd probably bid around a grand, tops, for a 100k c5. It would be sent straight to auction. A main dealer is never going to have a car of that mileage on their lot. This is an absolute bonkers idea unless the new car is around 3 grand, which it won't be.
 
Better the devil you know. Cars cost, get over it. Instead of leaving everything to fall apart, why not gets bits done sooner rather than later? That way it all won't come up at once
 
If your car is running and working fine, I wouldn't change it for a lower mileage one.

You could end up with something with loads of niggly problems. You'll have a warranty, but it'll have a long exclusions list and it's still a pain having to book it in and drop it off for repairs.

It sounds to me like you're paying way too much for your maintenance. Are you still using a main dealer? If so, I'd switch to an independent garage. Take your time and find a good one with a good reputation. I'll assume your C5 is a diesel - the same engines are used in Ford's so a decent independent will have done timing belts on these engines before and you should be paying around £300. Servicing costs will be much lower at an Independent too.

If you swap, the dealer will want a grand out of it and will only give you trade money for your car. I don't think they'll be interested unless you put at least £2k their way.
 
Thanks. One of the few sensible posts. I guess it all comes down to how much I have to put their way. More than 2k is too much but on the other hand even if they gave me trade money it would be more than I bought the car for in the first place so wouldn't mind negotiating around 1.5k mark.
 
You have already made your mind up, hell you had in the first post. So take it down to the dealers and see how much they actually offer you. Then you can come back and tell people they don't know their job etc..
 
I've met the one and only owner of the other car and being in the mid 50's I don't think he has "abused" the car in any way. All services by Citroen dealer and car in mint condition. Did a test drive and all ok, would even say the suspension felt better and was less noisy over bumps.
On the other hand my car has had 3 owners, one of who did 40k in one year.
As I said, trade money is more that what I paid for the car so I am in a good position at the moment.
 
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