mjcp 0 Posted August 17, 2012 Been offered £1K +6 months tax (£135) trade in for my '94 L 16v 95K, folder full of docs/history. Car was resprayed some time ago so is tidy... 8 months tax, 2 new tyres, 2 old tyres, 10 months MoT. Thoughts? Take the trade in or hold on to it and sell private? (I can afford to sit on it for a few months but don't want to be "stuck" with it) cheers, mjcp Quote Share this post Link to post Share on other sites
bristolbaron 10 Posted August 17, 2012 It all depends what you've been offered that price against, what discount you've been offered so far on the new car and what discount you've been offered with no PX. It's probably a fairish value, but realistically you're probably getting £500 discount and free tax anyway and then getting £500 for the Rado which of course you could better. Quote Share this post Link to post Share on other sites
captainredeye 0 Posted August 17, 2012 Try an advert first, not seen the car but if it's tidy most cars sell for more than what you have been offered depends how badly you need the cash plus with under 100k on the clock should make it stand out. Quote Share this post Link to post Share on other sites
lewvw 10 Posted August 17, 2012 It's probably a fairish value, but realistically you're probably getting £500 discount and free tax anyway and then getting £500 for the Rado which of course you could better. This is exactly what will happen if it's a used car specialist, if it's a larger used car retailer or main dealer however, it's more likely they're giving you about £100 for your's and £900 discount as they'll be expecting to send it to the block for pence. Be cheeky and ask for the discount without the trade-in and put your car up for £1500ish. They can only say no and if you don't ask you could be costing yourself £££ for the sake of them taking a car they may not even place any value in. Quote Share this post Link to post Share on other sites
mjcp 0 Posted August 18, 2012 (edited) Thanks for the posts! Its a small trader. His story: He will spend £300 to tidy, £150 on warranty and list at £1995, looking to make £500 over all (after a "cost" of £1135 to "buy" my car too) (I do think he will retail it) The car (I want) is listed at £5995. its priced fair for a trader's lot, there are others that are not as tidy, older or more expensive in my catchment area so this is the right car... the question is do I take the deal (I doubt he will come down £1K on sticker without the trade in) for simplicity/ease or do I sell private and sit on two cars for a month or two? bottom line, I guess £500 discount and £1300 private sale = £1800 off the list price Vs. £1135 trade in, so £665 difference for the sake of a couple of months of tyre kickers and double insurance... Hmmm.. Edited August 18, 2012 by mjcp Quote Share this post Link to post Share on other sites
Jim 1 Posted August 18, 2012 The market on Corrado's does seem slow these days so as you say, you could end up wasting a lot of time. Depends how quickly you want to move on the other car though really. Quote Share this post Link to post Share on other sites
mjcp 0 Posted August 19, 2012 I've got them to up the deal to a years Tax (£270) and £1K for my 'raddo... I shall collect on Monday! (Sad about selling but the lack of air con and cruise was a major pain!) New motor: 03 330i, 2 owner, 68K, full (selling) dealer history, wind break, cd changer, climate, cruise, parking, electric memory seats... Quote Share this post Link to post Share on other sites
tonytiger 0 Posted August 19, 2012 With the current tax/insurance/SORN laws, it's much more difficult/expensive to hang to a second car after you've bought your new one, so you've probably done the right thing to trade it in (though as said, you'd probably have got more privately overall in the end). Nice car, but I'm not keen on all the expensive fancy electric things on modern cars... Quote Share this post Link to post Share on other sites
