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Used Car Prices

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I'm in the market for a new (or not new) car.  It needs to be large enough for 2 adults, 2 babies and all of the associated clobber they may need.  It needs to be reasonably brisk and have a plenty of toys.    Roofbox for a week away OK, for a weekend not really.  My first thought was a Superb estate but I've been shocked at the prices.  Dealers have 12 month old cars (SE L Exc spec) on for only £2.5k less than I can get a brand new car with £2k of options from a broker.  The equivalent Passat estate is coming back +£2k less than a Superb, and I can even get into a Passat BiTdi or a 5 series touring (520d) for the price of a Superb 190.  I know the new 5 series will have hit the resale on nearly new ones.  

 

Does anybody else find the Superb residuals unreasonably strong?

 

Anyone with first hand experience of the BiTDi or the 520d?  

Those are their asking prices and what they would like to get, 

as more of the Lease Vehicles arrive back and as 16/ 66 plate demonstrators and 'management cars' sit unsold they will get real on what they will accept to get them shifted.

 

They are not like hens teeth, selling like hot cakes or anything such as, so Skoda Dealerships do not want the Superbs to appear as depreciation disasters and they want to make money as much profit as they can on sales, that is their business model,

but time will tell how the 'Used Prices go' this quarter and the next on Used / nearly new Superbs.

Edited by Awayoffski

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1 minute ago, Awayoffski said:

Those are their asking prices and what they would like to get, 

as more of the Lease Vehicles arrive back and as 66 plate demonstrators and 'management cars' sit unsold they will get real on what they will accept to get them shifted.

 

They are not like hens teeth, selling like hot cakes or anything such as, so Skoda Dealerships do not want the Superbs to appear as depreciation disasters and they want to make money on sales, but time will tell how the 'Used Prices go' this quarter and the next on Used / nearly new Superbs.

 

I hope you are right.  

 

One dealer I visited was very offhand.  "The car is priced where it needs to be to sell", no real price movement.    His view was that all management cars would be around that price point and PCP cars won't start coming in until nearly Christmas (Superb estate being a Nov'15 car).  Plus very few PCP's would be over just 2 years.  

Well he / she is maybe going to be selling Washing Machines or even 'Tumble Driver's soon'.

Why would a salesperson talk down the product they are selling, or discount if they think they can get the asking price?

Well before the meeting with the Dealer Principal and Finance Director later in March!

 

Larger Diesels will be a nice buy cost wise soon enough in the UK, New and used.

TBH I found the whole VAG stable to be overpriced (maybe Seat as an exception). I was looking at Audi and thought they were pretty poor value in comparison to BMW. Anything that wasn't their bog standard 150hp 2.0 diesel was really overpriced.

 

A GTD golf of similar age was only a couple of grand cheaper than my 335d and much lower specced.

 

[clicky click] looks like they've dropped since I was looking, might have been that no one was buying.

When I went to buy my AWD Yeti, the second hand section of the dealership was trying to flog used FWD for same.......almost side by side in the small Skoda yard.

There are, surprisingly, a lot of gullible people who apparently don't do any homework..........how else can you explain it. 

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