buying a car off a 2nd hand car dealer?

Question

theres a nice Y reg. renault megane with 40k on the clock. (so its in fairly good condition I reckon) the price is £3,995, which is about £995 over my budget, but I think i really want this car. Do you think this is a good deal and do you know any bartering tips to lower the price, thanks.

Answer 1

Put the £3k towards a brand new car. We stupidly did the second hand thing for years. Always costs you more in the end. To avoid depreciation. you need to keep a new car for at least 10 years to make sense. If you can stretch to paying a loan for new, it is peace of mind. Failing that, go for ex-demonstrator.
Everybody I know, that buys 2nd hand cars, always ends up with huge bills. At least with a brand new car, your £3k is safe.

Answer 2

Trade price for a Y reg 1.4 expression with 40k is £2150 and there dropping all the time. 2001y is a bad age for a car as well cos one a few months younger has the new prefix (51 onwards) which make them look much younger. There getting to be old hat cos of the new model. You'll should be getting a 52 for that at even a retail pitch. Trust me I've been trading cars for 10 years, theres cheaper cars than that about. I've been trading similar ones to Reg Vardy for less than £2000. As the guy above mentioned, go to auction. You're better going to one with ex-motability cars. Phone Bca 08456006644 and ask where your closest auction is and if they host motability cars. Even if you need finance, get a bank loan for the money and you could finance the vehicle after you buy it through tesco or something.

Answer 3

Take your 3 grand to a car auction.

Ive seen 52, and 03 plate Meganes with 55-65K for that sort of money. This is where the trade gets its cars, and its probably where your dealer friend picked this one up... for about 2500 !!

buy from an auction that sells off large company dispodals,
eg, black horse finance, leaseplan, hertz, renault finance, etc etc.

try the 2 big auctions first.. they have auctions all over the country, and you will have a fun day out.

BCA car auctions
Manheim

Buy a diesel.
Buy a good color, Silver, Black, Blue Met, Red Met, for ease of resale
Get the highest trim spec you can get for your money.

Watch the prices to get a feel for the market B4 you bid.
Themn chose a couple of similar cars, wset a price, and watch them closely.

Good luck

Answer 4

Check the service history make sure that's its had the stamps at the right miles see how many owners its had ,if its had a few you've got to ask yourself why! Let him know your interested but don't let him rush you! they don't want you to find the faults!If you find anything let him know.The screen price often allows for a part ex so expect to get cheaper.Tell him that you have looked at few but your not sure just make it up,say what your budget is and haggle use cash .when he gets to lowest price say you can't do it he will hum and har and probably go and ask someone if he can do it at that price he will come back with a slightly better deal that's when you flash the cash ,tell him its still to high if he won't budge say that your going to view another one and i think you will find that he will budge he doesn't want to see the cash walk away meet him halfway Good luck

Answer 5

The best way of getting the right deal on that car would be to show as little interest as possible in it. Look at something else that you dont want and is more than you want to pay & when the dealer is trying to get you into that one you work your way round to the Renault Meganne which he will then try to make more attractive to you hence a better price. Push for a lot better deal than you realistically expect, try for £2500 -£2700 as thats all you've got to spend , they wont be interested but may come closer to £3K than £4K when you've got the price you're happy with push for a few bits chucked in , years MOT , 12 months road tax, some nice new mats anything as long as its for nowt... they can afford it, they've got good money in that car & they want to shift it, turn it round that you're doing them a favour taking it. Its better for them to sell it at a smaller profit than to hang out for the full monty..... Go for it, but make out its not exactly what you want & you've seen a couple of others at the price you want to pay that are in the same nick as theirs

Answer 6

Seems ok, but you can always haggle the price of a car.

Fist of all, get to know the dealers name - this will bring you on a personal level of the dealer. Creates a more 'friendly' environment.

Tell him your budget and see what he says. if he doesnt budge - ask for tax or warranty, even fuel to make up for it.

Most of all, dont be tempted to fill in the silences. Let him do the talking, he wants to sell, make him sell it.

Best of luck!

Answer 7

Just walk up to sales man and say this is my bottom like price. If they say no then just walk out most time they will chase you and try to barter. I only pay cash for my vehicles I don't play there games. When I bought my 1995 Dodge Ram it was advertised for 5,995 dollars
I bought it cash 4,000 dollars out the door. included all tax and fees

Answer 8

take look on www.parkers.co.uk and see if the price is round about right .
as for bartering skills ,just dont seem too interested otherwise they wont come down in price .look as if your going to walk away and dont be afraid to try a low price .good luck

Answer 9

Check this site http://www.parkers.co.uk/pricing/ it is very good and accurate also this one http://atsearch.autotrader.co.uk/ for lots of info.

Answer 10

only get money off if you pay cash for 2nd hand.i work in"the trade " so im lucky i get alot of favours