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Discounts on used cars

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I know that dealers have margins whereby they can offer some sort of discount when it comes to trading in or outright buying a new car, but what is it like when buying 2nd hand?

Do they have better bargaining power?

paying in cash can reduce the price considerably from experience, and you can haggle good deals, got 2k knocked off the elegance i have :)

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I've always been lucky enough to buy new, but I've been looking at a really good used Fabia vRS and if I was to 'dip my toe in the water' should I be able to 'haggle harder' compared to buying new?

doesnt hurt to haggle:) whats to loose?

  • Author

Yes, I quite agree and do do! I'm just wanting to find out if there's more opportunity for a bigger discount on used than buying new.

i've never bought new, but im sure someone else might be able to help on that:)

paying in cash can reduce the price considerably from experience, and you can haggle good deals, got 2k knocked off the elegance i have :)

That's interesting - from what I've heard most dealers don't like a large amount of cash on the premises and prefer switch payments or more usually the finance they're pushing!

At the end of the day, the room for haggling will depend on the car's Glass's book price, condition of the car (ie what needs doing to it for the sale) and desirability of the car - if they think they can sell it for screen price, they're going to be more reluctant to go down. Something that's been taking up space on their forecourt for a while will have much more room for manouevre :D

Chris

That's interesting - from what I've heard most dealers don't like a large amount of cash on the premises and prefer switch payments or more usually the finance they're pushing!

At the end of the day' date=' the room for haggling will depend on the car's Glass's book price, condition of the car (ie what needs doing to it for the sale) and desirability of the car - if they think they can sell it for screen price, they're going to be more reluctant to go down. Something that's been taking up space on their forecourt for a while will have much more room for manouevre :D

Chris[/quote']

also buying it as seen, or picking the bits that need fixing and stuff getting extra warrenty... bla bla bla my dad got his fabia 1200 under the asking price:) but i think theres a big inflation too once its on the forcourt, aswell as that we have had 3 cars from the same dealer:)

The best way to get a good deal from the dealer, is to use their finance with no part ex, then cancel the finance and win win... :rofl:

I got nearly

paying in cash can reduce the price considerably from experience, and you can haggle good deals, got 2k knocked off the elegance i have :)

Cash cash, or cash rather than trade-in plus balance?

Being a auditor, I've seen the books of quite a few independent franchised car dealers and they usually have a margin of about

I attempted to buy my Furbie vRS with crispy

"What you don't take cash" "Sorry NO"

It does make sense in a way - if they take

Large cash deposits made to a bank/BS will always be looked at for money laundering, no matter who is paying in the money.

The dealer may not be insured for keeping large amounts of cash on his premises, espically if empty overnight/weekends. Also the banks will make a charge for handling large amounts of cash. While someone is counting it, they can't flog other products!

AndyC

I have just bought a used Toyota (18 months old) from a Toyota main garage and managed to get £500 off the price, £600 worth of parking sensors for free and fitted, mats, delivery to my home 20 miles away and 12 months tax. So in total about £1300 off. It never hurts to haggle!

Lorna

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