Trade value for car?

IAmATeaf

IAmATeaf

IAmATeaf

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I'm in the process of getting rid of my wifes car to get something newer. Went to a Toyota dealership last week to have a look at a Yaris and when valuing her current car the salesman went onto webuyanycar, entered the reg number and proudly proclaimed what he would give for her current car.

Is this how things are being done these days? I thought there was some sort of used car price bible that they used and I was expecting a bit more than the £400 he offered.

Anybody have access to this bible, the car is a 2000 W reg Honda Civic 1.4 Sport, 5 doors with 67k miles on the clock. The car isn't in immaculate condition, has been regularly serviced, does have a slight dent over the front passenger wheel arch and a few scratches but there again it's not a rust bucket either.
 
It all depends if you believe that the Civic can be easily sold by the dealer for £600?
If you think that's the case go to another dealer and see what they offer.
 
Just sell it privately before hand for what you think its worth. then go in the dealer with said extra money in your pocket.
 
I thought about part exchanging my MX5 when I bought my current car, the dealer made it perfectly clear that they would offer me £500 and it would be on the forecourt of another local dealer for £1800 within a few days. Main dealers have little interest in selling low value cars so will just pass them on down the food chain.

Far better off just sticking it on eBay for a week and getting the cash in your hand which will be far more than a dealer or webuyanycar will offer you.
 
The price W by any car offer is the trade value as in they stick it in auction and that is the approx price they could sell it for.. Your car would be worth more privately so if you want more dosh in your pocket that is the way to go.
 
I part exchanged my 2003 ford focus towards a yaris at a toyota dealer a few weeks ago. When discussing the part exchange value, he started by giving some spiel about the fact they already had a trade buyer lined up who was willing to buy it right now for £750 off them and so that was their part exchange offer. After a while of haggling, I got them to up it to £1250. However, getting a better part ex value just meant less room to haggle the price of the car we were buying down.

They always have more information about the deal than you do and they know exactly how much they are willing to offer and accept. I found that they came in at ridiculously high finance rates and low part ex rates initially but were relatively easy to bring down to a more sensible level. The dealer I had was telling me how part exchanges are a complete nightmare for him as regardless of how low an offer they make you, it is still far more hassle than its worth with old, low value cars.
 
I'm in negotiations with another dealer at the mo for a 2010 Yaris, he's already knocked £400 of the car and wants me to change over at £6100, giving me £500 for the Civic. I'm going to go back and say £5500 and see if I end up being shown the door and a boot print on my arse for good measure :)
 
went to trade in my 56 plate Zafira with 40,000 miles and got £2,500 off a 11 plate 1.8 SRI XP Zafira. Screen price was £8950 with 33,000 miles. Finance was 10%. Plus all the added £90 road tax, £15 fuel, £100 tradin disposal admin charge.

By the end of the deal.

All the fee's had been waved even the 6 month road tax was included. Got the finance down to 6.9% trade in went up to £2,900. £400 off the screen price with front bumper stone chips and scratch fixed, rear bumper stone chips and scratch fixed. New rear seat handle and small ding in rear door fixed. New boot cover and boot carpet insert.

I then phoned my insurance while still in the dealers, to change the cover ready for delivery date. cost an extra £5 per month told the dealer it was going up by £200 a year due to the SRI spec. He then knocked off another £200 to cover the insurance.

All the above is true, beside he though it was his lucky day as some one was in his show room buying a second hand Zafira. It is a buyers market and second hand cars mean profit for a main dealer.

I decided I could get more as private price for my car was £4,500 the sales man wouldnt budge any more so I walked. I'll got back once Ive sold my car private knowing they will do deals if pushed.

Although with all the discounts i'd hate to think how much the poor bloke let his Zafira SRI XP go for.
 
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Tbh at auction it would fetch anywhere between 5 and about 700 so the figures aren't far off. All depends how much is in the car they are selling to knock off for you. I'd ask what they would want without the trade in, check eBay sold prices and consider selling it privately if you want the best deal.

All they will do is punt your car straight to auction, they will hope to at best make the cash back
 
Well the deal has been done and I can finally have a quiet Sunday afternoon watching the footie without the wife rabbiting on about buying her a car. :)

Did the changeover for £5900 and they are going to fix a few issues such as replace a front fog light glass, repair a few stone chips on the front, have a look to confirm that the stop/start in the car works and give the car a full valet and polish (which I'd expect them to do anyway?). The salesman did comment that the Civic was in much better condition then he thought it would be in, described the engine as being really quiet but then wouldn't shift on the £500 already quoted.

Wife didn't even want to drive the car and she spent more time looking at a 2011 Polo instead of the Yaris, sat down with the salesman and she turned to look at both and the word Yaris was spoken.
 
Sounds like quite a good deal to be fair. We bought an oct' 2009 Yaris TR 1.33 for £7200 last month with 30k on the clock so you paid far less than us, however most of the haggling for ours came on the part ex value of the car we traded in. Did you get the 12 month Toyota warranty and Toyota club membership with European breakdown cover?
 
DanTheMan said:
Sounds like quite a good deal to be fair. We bought an oct' 2009 Yaris TR 1.33 for £7200 last month with 30k on the clock so you paid far less than us, however most of the haggling for ours came on the part ex value of the car we traded in. Did you get the 12 month Toyota warranty and Toyota club membership with European breakdown cover?
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The car was from a VW garage, which is why my wife spent more time looking at a Polo, so it only came with a 3 month warranty and no breakdown cover, I think to extend the warranty was an extra £300 ish but I didn't bother as the warranty has a max per claim limit of £500. The car we've got is also a 1.33 TR but a 2010 model so it has a conventional speedo with a needle rather than the digital on the earlier model, it has 37k miles on the clock, 2 owners, the first of which was Toyota and has a full Toyota service history.

[TW]Fox;23826245 said:
Your car is sadly useless to the dealer so they'd need to factor in disposal costs through auction.
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That's exactly what the salesmen said, shame as there was nothing wrong with the Civic but my wife had a bee in her bonnet about getting rid of it, you'll laugh when I tell you why. She went shopping at the local supermarket a few months ago, locked her car and when she came back the fob wouldn't open the door so she rang me, told her to use the key which she didn't do as she feared that the alarm would go off. A battery change on the key fob sorted the problem out but ever since that incident 'the car has become unreliable'.
 
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IAmATeaf said:
The car was from a VW garage, which is why my wife spent more time looking at a Polo, so it only came with a 3 month warranty and no breakdown cover, I think to extend the warranty was an extra £300 ish but I didn't bother as the warranty has a max per claim limit of £500. The car we've got is also a 1.33 TR but a 2010 model so it has a conventional speedo with a needle rather than the digital on the earlier model, it has 37k miles on the clock, 2 owners, the first of which was Toyota and has a full Toyota service history.
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Looks like a good buy then. There isn't many problems reported with this model of Yaris so a warranty isn't really a necessity, I'm just trying to justify the price we paid for ours as we couldn't be bothered travelling more than ~10 miles to buy one :o. I have to say, I do like the digital dash; it is one thing I missed from our old mk1 Yaris and the stop-start is handy, something I didn't realise it had before viewing it.
 
I live in NW London and narrowly missed out on a similar price/age/spec/mileage car in Toyota Swindon, when I say missed out, what I mean is my wife said it was too far to travel and flatly refused to go and see it :(

I had a look in our local Toyota dealer near where I live and all they could offer me was a either a 2010 1.33, with 36k miles for £8k or a 2008 1.33 for £7k, plus a webuyanycar quote as the trade in price for the Civic. The salesman was a right **** so no way was he going to get any money off me, even my wife who liked the car agreed that we should leave.

I then just started ringing dealers up doing some initial negotiating over the phone, some as far as 100 miles away as they tended to be cheaper finally doing the deal with a VW dealer in Oxford, some 50 miles away.

I'm not saying my wife is atypical of females but she's a real nightmare when it comes to buying a car, as I said she didn't even want to drive it, her view being if she likes the look of it she'll just get used to it. I remember when I got the Civic, we went to see a green one and she looked at me saying that's not a Civic! This time I let her choose the car she wanted and she even stated the colour it had to be, so silver, light metallic grey or slate metallic grey no other colour would do else it might not be a Yaris!

For me the nightmare is over, so I can now breath and relax. :)
 
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