......when dealers dont adhere to it?
If a vehicle has a value, based on its age, miles, condition etc, then surely that is the price.
Reason for the rant is that why wont a dealer ever give you a true and actual price for your trade in / part ex?
If they want Retail for theirs, then surely its only fair to give a p/x price based on actual prices given in the "Bible".....?
I appreciate all the vat / profit / prep time / warranty angle,
but surely thats why Retail price is high, and Trade in price low!
2007-01-29 08:50:58 · 6 answers · asked by Nutty 3 in Cars & Transportation ➔ Buying & Selling
In reply to KB
I agree with you on the salesman front etc.
Quite unfair and bloody rude.
2007-01-29 09:12:01 · update #1
In answer to MARK B
Maybe I havent worded the question correctly.
My point is that I'm quite happy to accept Trade in valuation for my vehicle.
I'm also quite happy to pay Retail from a dealer.
Just tell me where this happens!
eg.
I have access to Glasses.
My car is worth £3500 bottom book.
Dealer offers vary against differing cars available.
I understand this, but it shouldnt happen.
I looked at a car yesterday, £2000 over priced.
He offered me £2000 for mine!
Result = He gets my car for free.
Now thats robbery!!
2007-01-30 03:27:35 · update #2
I agree with you 100%, dealers are conning thieves.
2007-01-29 09:01:55 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Are you saying a trader should give you retail value for the car your trading in? All traders give roughly trade in prices in line with CAP or glasses guides. This is what we get back for your old car if we send it to auction or into the trade which is what happens to the majority of trade ins.
If your saying we should give you full retail value for your car, then will you be supplying it with a new MOT, valeted, serviced and provide a comprehensive warranty on it? Of course you wont.
If however you are trading a car that perhaps has excessive miles on it, loads of bumps and scrapes and bald tyres with a bit of insurance history thrown in then again you will be offered a lower price. As that it what the trader will get for it.
If you give me the spec, miles, year of the car I'll tell you what its booking at just now.
2007-01-29 20:58:55 · answer #2 · answered by Mark B 5 · 0⤊ 0⤋
It is a guide - ie a general idea of what a car is worth but realistically a car is worth what someone is prepared to pay for it.
It is the best. Parker's guide isn't bad either and is available to the general public- it is a bargaining tool. It is well worth the £3.50 to make sure you are not ripped off - it points out the problems you will encounter in the car's life too - you can make a judgement if you have the facts.
2007-01-29 20:30:56 · answer #3 · answered by LongJohns 7 · 0⤊ 0⤋
Second hand car salesmen are notorious for being "a little bit wehey"! I would vote with my feet and go elsewhere till I found someone I thought I could trust or who was recommended by someone else.
If you think you've got problems you should try being a woman and dealing with these people (and builders plumbers etc) it's a nightmare because they assume you don't know what you're talking about (quite rightly in my case in these areas) and so they just take advantage and charge as much as they think they can get away with.
2007-01-29 16:58:33 · answer #4 · answered by KB 5 · 0⤊ 0⤋
The clue is in the title - Glasses GUIDE.
It is just that - a guide, pointer, indication, ballpark figure, starting point for dealers to work on.
It does not provide prices which are set in stone for dealers to 'adhere' to. It's only a guide...
2007-01-29 17:13:21 · answer #5 · answered by Nightworks 7 · 0⤊ 0⤋
yes it usually is v. low, but the glasses is the genuine up to date with true market trends including dealer trade in to closed auction price,ie. everything. and you cant get one! me neither!
2007-01-29 16:59:13 · answer #6 · answered by ann s 2 · 0⤊ 0⤋