Hello

I am getting nearer to buying a used VRS - I have about 8-9k to spend and hopefully (touch wood have sold my car privately

I haven't been in this position before - how much should I be aiming to get knocked off for a VRS from a dealer ?

Bit worried about going private because of the ABS/Teves MK60 issue !

P.S - to the chap that PM'd me about your VRS - I deleted your message could you re-contact me ?!!

Hello

I am getting nearer to buying a used VRS - I have about 8-9k to spend and hopefully (touch wood have sold my car privately

I haven't been in this position before - how much should I be aiming to get knocked off for a VRS from a dealer ?

Bit worried about going private because of the ABS/Teves MK60 issue !

P.S - to the chap that PM'd me about your VRS - I deleted your message could you re-contact me ?!!

I would be interested to hear the views on this also, I always get the feeling that paying cash with a trader makes no real difference, as the vast majority offer finance deals which make them considerably more £££'s in the long run!

There is no incentive for a dealer to offer a discount for a cash sale any more as they also make money on the finance they offer you.

There is no incentive for a dealer to offer a discount for a cash sale any more as they also make money on the finance they offer you.

Thanks for confirmation.......

As said, it doesn't really make any difference to the dealer on the type of payment really. Often you might get a better overall deal on finance, because the dealer will usually make separate commission on this side of things. So it's worth checking all the options.

Most difference is that you've got no PX, so it's less hassle for a dealer.

Golden rule is generally to be prepared to walk away if you don't think you're getting the right deal. But for that to work effectively, you need to have decided a price that you'd be happy paying, before walking into the dealership.

Also, if you can - visit on a weekday, mid-morning or mid-afternoon, towards the end of the month. That usually helps too :yes:

Good luck,

Steve

thanks wardy - some good advice there

I suppose its difficult because if its a nice car with good history its not really worth loosing it...

I can't believe people buy cars on finance you get better rates from loans don't you ?

people just don't want cash anymore was the same when i bought my car i managed to get a tank of diesel 12 month tax abit of warrenty and about £200 knocked off the price

thanks wardy - some good advice there

I suppose its difficult because if its a nice car with good history its not really worth loosing it...

I can't believe people buy cars on finance you get better rates from loans don't you ?

I suppose that depends on the APR! My work colleague has just got a new Scout with no VAT and 0% finance.

pagey - true but thats for a new car...

It's just worth considering and not ruling out the dealer finance, that's all I'm saying. As it could be in the dealer's interests, depending on the month they've had, how many sales have been on finance etc.

You may think the car's not worth loosing, and it's exactly what you want. Just don't let the dealer know that! There will always be another one, but I understand it's difficult - especially if you're after a car immediately. Obviously without a crystal ball it's hard to know when the next perfect example will come along

Steve

A dealer will probably have about £1,500 mark up in the vehicle you would want (perhaps a little more if he was lucky). But when you think he has to rectify none warranty faults, possibly stick a warranty on it, have a large chunk haggled off it and possibly take a hit on depreciation, then you can see how they don’t make all that much on a cash purchase. Oh plus you will probably ask for a full tank and mats if needed.

Having said that, when I bought my Sedici, I got it from a Honda dealer who didn’t want to stick it on his forecourt and so after much haggling he showed me his stock list and I got it for the SIV (what he paid for it) as I argued if he sent it to the block it would lose money probably and to sweeten the deal I took out 2 years servicing and a little bit of finance (and also promised not to settle the finance until the claw-back period had lapsed)

Edited 18 November, 201015 yr by Lady Elanore

Ahh claw-back. You're just getting technical now

There is no incentive for a dealer to offer a discount for a cash sale any more as they also make money on the finance they offer you.

+1. When I was looking for my Fabia last year, I saw a 55-plate Elegance 1.9TDi at a main dealers ... the attitude was the price was the price, cash or finance, take it or leave it. Needless to say, I found a 6-month older Fabia in Comfort trim and better condition for £2,000 less at a local indy, plus a 10% "real money" discount, so got it from there...

I was told by more than one main dealer that they are all obliged by Skoda UK to take (at least) 10 used cars a month. Then once a particular car is on their forecourt for long enough the sales manager will discount it.

One strange aspect of this policy is that two identical cars with identical sticker prices on the forecourt may have different prices when you come to deal on them. So much so that it might be 500 quid cheaper to take car A instead of an identical car B in another colour. Simply because it's "last month's deal".

Go figure.

In my experience salesmen never actually see a lot of Cash pound notes so they tend to lose respect for the money behind the deal. - Cash/credit - all the same since they just want the margin on the deal and that's a whole lot less than the price of the car. They donðt value your money as much as you do because 95% of it they owe to SUK.

But cash and no trade in has a real value to a business. For example, dealers do make money on selling your trade in but they already have more cars than they need and most are off loaded into the auctions at cost. No trade in means no risk and no money tied up in stock. Cash buyers are good for cash flow and in these straightened times there isn't the credit available for finance sales.

In the end I always walk when I feel the dealer isn't respecting my hard earned with a discount.

Edited 19 November, 201015 yr by FriendlyFire

Hello

I am getting nearer to buying a used VRS - I have about 8-9k to spend and hopefully (touch wood have sold my car privately

I haven't been in this position before - how much should I be aiming to get knocked off for a VRS from a dealer ?

Bit worried about going private because of the ABS/Teves MK60 issue !

P.S - to the chap that PM'd me about your VRS - I deleted your message could you re-contact me ?!!

You could buy private and buy a warranty. Might be a good plan if the price is right. Make sure it covers the Teves thing.