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Are they taking the mickey?

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I've been having a vague look round at replacing the Furby and finally decided the time is right to trade in for something bigger. Got my first part-ex valuation back yesterday - £6000, are they taking the mickey or what? Glass's have it valued between £5.7K and £7.2K and I would say that it is really in pretty good nick so I would hope for something closer to £7K. Oh well, time to start harassing dealers I suppose....

Garages aint going to give you what its worth lol they have to make money too hence your 6k, maybe try and push for 6.5k but you will be lucky to get anywhere near 7k

Place it on a specialist site such as Pistonheads, then stand back, put your gauntlets on and prepare to have your arm bitten off.

A good SE will make north of £9000 privately.

Edited by GREZA

Sell it privately, then you have the whip hand when buying your next wheels from a stealer.

Private cash buyers of new cars are still rare animals and should get a decent discount for NOT having a trade in.

Sell it privately, then you have the whip hand when buying your next wheels from a stealer.

Private cash buyers of new cars are still rare animals and should get a decent discount for NOT having a trade in.

Dealers do prefer finance customers to cash customers these days though :(

Place it on a specialist site such as Pistonheads, then stand back, put your gauntlets on and prepare to have your arm bitten off. A good SE will make north of £9000 privately.

Hortons were selling a 30 odd thousand mile 07 plate Octy VRS for £9,995 last week, Hobin (main Skoda dealer) in Manchester have a Furby SE advertised for less than 9 grand and they are well known for having ridiculous screen prices. There are some on Autotrader from main dealers for less than 8 grand, you've got absolutely no chance of getting 8 grand for it as a private sale, and I reckon the shout for 6.5k as a p/x is spot on.

Hortons were selling a 30 odd thousand mile 07 plate Octy VRS for £9,995 last week, Hobin (main Skoda dealer) in Manchester have a Furby SE advertised for less than 9 grand and they are well known for having ridiculous screen prices. There are some on Autotrader from main dealers for less than 8 grand, you've got absolutely no chance of getting 8 grand for it as a private sale, and I reckon the shout for 6.5k as a p/x is spot on.

I disagree, Withams currently have an SE up for £5 short of £10k and Jeffery's Farm in Crawley are asking close to £10,500 for another. Both cars have around 12k miles.

The only real way to value a car is to see what they are selling for and as I say and in my experience, Pistonheads is probably the best place to attract the most interest and thereby the best price.

Edited by GREZA

tbh I cannot see anyone paying over 9 grand on a private sale for a 3.5 yr old car that could be had new for £11,500.

There is no way Withams or Jeffreys farm are going to sell those cars for those prices as they are more expensive than the Octavia VRS on the same plate. Anyone on here think that a Furby VRS is worth more than an Octy VRS?

99% of the public never realise that garages only pay trade prices...ie bottom book...and sell for retail...ie top book..a garage selling a car for 9k will have prob £1500 profit in it...and it dont matter how much garages have on the screen....they aint sold and are still for sale.

Edited by warwick hunt

You have to remember though, buyers dont always base decisions on what a car is worth!

A fabia vrs and octavia vrs, same plate and milage, same price (unlikely), yes a 30+ year old person with 'x' amount of no claims and a healthy pay will pick the octavia, its a 'better car'.

However, factors such as insurance, practibility and car image also play a massive role.

I spent just short of 6k for my fabia. For this money I could of brought a type r ( 'better' car ), but for insurance and running costs etc etc. reasons I didnt. I garuntee a 19 year old lad would pay more money for a furby ( not much, but more ) directly compared with an octavia, because the guy couldnt afford to run the bigger car (ins. group 9 or 15! for example). So your argument about 'better' car is pointless.

Back on subject, an SE makes a premium as far as vrs's are concerned. I would also suggest a private sale, maybe through a local freindly garage, compared to a trade in. However trading in is alot easier and trouble free. But private expect to make around £7,500 - £9000 depending on milage.

Got my first part-ex valuation back yesterday - £6000, are they taking the mickey or what?

I wouldn't get hung up on the actual figure in part-ex - you only end up paying the difference between what they value your car at and what you're willing to pay for their car. So if they offer you £6k and you think it's worth £7k, haggle an extra £1k off the screen price of the car you're interested in...

I wouldn't get hung up on the actual figure in part-ex - you only end up paying the difference between what they value your car at and what you're willing to pay for their car. So if they offer you £6k and you think it's worth £7k, haggle an extra £1k off the screen price of the car you're interested in...

Yes of course 'cost to change' is the key figure to focus on.

But Fabia SE's are, by their very nature, relatively rare. Low mileage ones doubly so. It comes down to supply and demand and if the latter exceeds the former then the price will be strong, that's just basic economics. This is not unique to the SE, look at Minis, they hold their value far better than they should simply because there is a strong s/h market.

Finally, Skoda not making a MkII diesel vRS but deciding/being forced to go with the 1.4 petrol unit has only played into the hands of MkI owners in that respect.

Personally I'm sick of SE's holding their value!! Ive wanted one for ages but no way am I paying £10K for a 3 year old car , £8500 ish and I could be persuaded to change mine.... Good for owners who bought new though I guess. You could argue the Octy II vRS is a better car than the Mk I Fabia vRS but this is not borne out in their residial values. Theres an Octy for sale here in Berwick , Race Blue , 42K on clock (no options at all) and its up for £9995 on a 56 plate whereas most vRS SE Fabias seem to be £9.5K - £10,995.

Personally I'm sick of SE's holding their value!! Ive wanted one for ages but no way am I paying £10K for a 3 year old car , £8500 ish and I could be persuaded to change mine.... Good for owners who bought new though I guess. You could argue the Octy II vRS is a better car than the Mk I Fabia vRS but this is not borne out in their residial values. Theres an Octy for sale here in Berwick , Race Blue , 42K on clock (no options at all) and its up for £9995 on a 56 plate whereas most vRS SE Fabias seem to be £9.5K - £10,995.

It is simply the efficient market at work..... Supply vs Demand

No supply and good demand > prices go up or might appear too strong

Supply and limited demand > prices go down until the market achieves equilibrium

(P.S. if you think Fabia vRS SE prices are too high, look for a good Audi A2 diesel and you will think yourself lucky!)

Edited by GREZA

Listen, it's dead simple. MK1 VRS SE are NOT worth 8, 9 or 10 grand. Anyone that thinks they are is deluding themselves. For proof of this go to Carsite.co.uk and buy the VRS SE that they have for the buy it now price of £7,020.

10 grand will get you a 2007 BMW 118d M Sport. If you pay 10 grand for a VRS SE it's because you are incapable of rational thought.

Edited by Irvtheswerv

Listen, it's dead simple. MK1 VRS SE are NOT worth 8, 9 or 10 grand. Anyone that thinks they are is deluding themselves. For proof of this go to Carsite.co.uk and buy the VRS SE that they have for the buy it now price of £7,020.

10 grand will get you a 2007 BMW 118d M Sport. If you pay 10 grand for a VRS SE it's because you are incapable of rational thought.

It is dead simple, that car has covered over 53k miles in three years, hence the price.

A Picasso painting is only a piece of canvas with some oil paint daubed on it (some would say often not very well) but because there are only a limited number in existance and far fewer potentially for sale, the price reaches the levels it does.

You cannot argue with the market and the market seems to say that a good low mileage vRS Mk1 Fabia is worth north of £9k, simple.

You might think differently but that is the current state of the market and besides when I last looked BMW was still making 118d M sports so the supply is not limited.

Edited by GREZA

Making 1,000 of something does not make it rare. No-one would buy a skoda fabia over a BMW of the same age/mileage for the same money. The current state of the market is that the Fabia VRS SE is worth 7 grand. There are plenty of dealers selling them for 8 grand at low mileage with fssh. There is no demand for them at prices higher than this. To suggest they are worth 10 grand when people can only get 7 grand for them is denying the obvious.

Making 1,000 of something does not make it rare. No-one would buy a skoda fabia over a BMW of the same age/mileage for the same money. The current state of the market is that the Fabia VRS SE is worth 7 grand. There are plenty of dealers selling them for 8 grand at low mileage with fssh. There is no demand for them at prices higher than this. To suggest they are worth 10 grand when people can only get 7 grand for them is denying the obvious.

Please tell me where all these low mileage Fabia vRS SEs are for sale for £8k with dealers. Back up your assertions with hard facts as I can't seem to find any.

If you can't then you are only spouting hot opinionated air, presumably because you feel aggrieved in some way by the cuurent market for these cars.

In contrast I've already posted at least two examples of cars that are currently for sale at £10k with dealers.

In contrast I've already posted at least two examples of cars that are currently for sale at £10k with dealers.

Listed screen price of £10k...1) no one pays screen price (do they?!), and 2) if it's on the dealer's forecourt then it hasn't been snapped up, which suggests £10k isn't a price people are tripping over themselves to pay...

Listed screen price of £10k...1) no one pays screen price (do they?!), and 2) if it's on the dealer's forecourt then it hasn't been snapped up, which suggests £10k isn't a price people are tripping over themselves to pay...

I'm happy to concede that a screen price is always a starting point for negotiation.

I'm also still waiting for a list of these cars you said were low mileage and up for sale at £8k IRVTHESWERV....

Edited by GREZA

All I did was have a look at Autotrader last week. Sorry if that's a bit much for you.

I'm not aggrieved in any way shape or form. I don't have one and don't want one. All I know is that when I tried to buy one when they came out I was offered one for £11,450 by Horners, and one for £11,500 by Barkers, but I decided to keep my silver Furby instead. You are suggesting that after 3 years they are worth more than the list price, which is not so much hot air, as absolute ********.

9 grand really will put you into an 07 plate, 30,000 mile Octy VRS.

One idea though Greza, perhaps you should start a poll, asking people to vote on whether they think an 07 plate Furby is worth more than the larger, faster, better made and more desirable Octy VRS and see how many people agree with you.

I can't be bothered to post on this again, I really don't have anything to prove.

Edited by Irvtheswerv

I sold my 18k fsh car last year with a years warrenty left on it for 7k couldn't even get a sniff of interest in it at anywhere near 10k

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All I did was have a look at Autotrader last week. Sorry if that's a bit much for you.

Like heck you did. There was one really cheap one (£7.5K) going which had 70,000 miles, but the cheapest one with a reasonably low mileage was on sale at in independent for £8.5K. From a Skoda dealer the cheapest one with a similar mileage to mine is £9.5K

Like heck you did. There was one really cheap one (£7.5K) going which had 70,000 miles, but the cheapest one with a reasonably low mileage was on sale at in independent for £8.5K. From a Skoda dealer the cheapest one with a similar mileage to mine is £9.5K

Agreed, Little John.

Reality and other people's pipe dreams are two different worlds.

I sense there is some degree of envy in certain posters' comments because they don't own an SE and now realise that a standard car is no where near as desirable to the buying public now that the model is no longer made and the new vRS will be petrol driven.

I say again to those who claim there are dealers selling low mileage Fabia vRS SEs for £8k....

SHOW ME WHERE, SUBSTANTIATE YOUR CLAIMS, PUT UP or SHUT UP!

Edited by GREZA

I don't doubt some dealers have them up for 10k, what i'm saying is when i was selling mine, no one was willing to pay anywhere near

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