Dealers!!

[e668ecp]

Do dealers want to sell cars these days?

I was looking at 54 plate 04 ZTT diesel the other day and the price was £4995. Its now £5695. Thing is my dad bought the exact same model exact with a better spec a year ago for £5000 and his was a 135 version!

Think some dealers are living in cloud cuckoo land

[norbury brook]

I was looking at 75 CDTi's, and around London 53 platers were in my local dealers for £5995. I eventually found a 05 ZtCDTi low mileage auto for £5200 from a dealer in Hemel Hempstead which seemed like a good deal in comparison.Bear in mind a similar year volvo or BMW was £10 000. I p/exed my 200 000 mile Volvo S60 for £1000.

Petrol versions were about £1500 per car cheaper. I also wanted automatic which seems to be rarer and slightly more expensive.

I know I didn't get a bargain, but I'm enjoying my car immensely,and as i do a lot of ,miles my cars are worthless at 200 000 miles anyway regardless, so I just expect to write of the cost of my car every 5 years or so.


Marcus

[chrissyboy]

the price the dealers are asking now are correct .. our cars are on the increase price wise infact my car in the last 10 months has gone up £650.00.like i keep saying these cars arte worth more than members think ...

[capese21]

our cars are on the increase price wise


Are you sure? what makes you think that:confused: How I wish it were true.

[matthewsemple]

Much as I would love to think that these largely unloved cars are increasing in value, I think that is very unlikely.

The car I bought last month was reduced by £500 by the dealer just before I bought it and I still managed to haggle a bit more off the price when I went along to buy it.

I showed a picture of my car to a colleague today and her reaction was "Is that an MG, I have never seen one of those before, they don't make those any more do they?"

Probably quite a typical reaction - hardly the stuff of rising prices.

[sjc]

Do dealers want to sell cars these days?

I was looking at 54 plate 04 ZTT diesel the other day and the price was £4995. Its now £5695. Thing is my dad bought the exact same model exact with a better spec a year ago for £5000 and his was a 135 version!

Think some dealers are living in cloud cuckoo land
I'm the biggest critic of car dealerships, main dealers especially, but ( no offence)I never quite understand posts like this.They've put the price up because they believe they can get more for the car.They're a business and believe it or not the game is to make a profit,it's perfectly transparent what they've done, (rather than unneeded work for servicing etc).That doesn't make them " Stealers" or " living in cloud cuckoo land" Of all the many strokes I've seen garages pull, easing the price up on a 2nd hand car ( probably due to the interest shown, or realising they'd sold a similar car too cheap last time) isn't on the radar! From the punters point of view, if you don't like the price/ can't crack the deal then walk away, there's plenty more,and the dealer will live or die by his pricing.
As I said, no offence, just an opinion!
As an aside, many 2nd values have eased up over the last 15 months or so ( not all) and it's seems to be levelling again now.

[e668ecp]

MG Rovers prices like all others plummeted in Sept/Oct. The MG ZT V8 on an 05 reg dropped nearly 700 in the book. Unless its a really specialist car like a classic, then used car prices only head one way and that is down. I accept that car dealers are businesses but to advertise it on one day as £x get and interest buyer and put the price up to £y is unacceptable

[e668ecp]

Are you sure? what makes you think that:confused: How I wish it were true.

Its not true.. I wish it were!

[FredSpencer]

I'm the biggest critic of car dealerships, main dealers especially, but ( no offence)I never quite understand posts like this.They've put the price up because they believe they can get more for the car.They're a business and believe it or not the game is to make a profit,it's perfectly transparent what they've done, (rather than unneeded work for servicing etc).That doesn't make them " Stealers" or " living in cloud cuckoo land" Of all the many strokes I've seen garages pull, easing the price up on a 2nd hand car ( probably due to the interest shown, or realising they'd sold a similar car too cheap last time) isn't on the radar! From the punters point of view, if you don't like the price/ can't crack the deal then walk away, there's plenty more,and the dealer will live or die by his pricing.
As I said, no offence, just an opinion!
As an aside, many 2nd values have eased up over the last 15 months or so ( not all) and it's seems to be levelling again now.

Indeed.

Look at it the other way. If you offer a lower price than is being asked it could be thought you were the one trying to 'steal' from the vendor. Fair's fair.

BTW a price sticker on an item for sale is what's called 'an offer to treat' and is not a fixed price. You can offer less and, theoretically at least, the vendor can also ask more.

[Mintee]

to advertise it on one day as £x get and interest buyer and put the price up to £y is unacceptable
Clearly they think they will get £5695 for the car. Good luck to them.

Wealth maximization predicts that a person will choose to obtain the good or service in the place where it is cheapest, where the amount given up is the least. But no single unit has a fixed value as value is intrinsically related to the worth derived by the consumer. In this case you don't have to buy it but someone else may well be happy to.

[e668ecp]

Very well explained

[baconbuttyman]

It's like Fred says, the screen price is not a fixed price, they over price it with a scope to reduce, every one does it, i do it with laptops i sell. punter thinks he gets a better deal and the seller gets his price.

i also think it's unwise to under estimate the value of our cars, take a good look at it, if you are an owner of a ZT or 75 simply cos the price was good, then you wont agree, if you are an owner of said models because you believe they are a future classic and you intend to own for a very long time, then you will appreciate the value in the metal, these cars are future classics, The ZT already has contemarary classic car status if i remember rightly, the 75 will soon follow.

Give your car a bit more credit than you are. One day, they will be worth a packet more than it does now. ;);):D

[Greeners]

You only need to look at the dealers overheads

Premises
Staff
VAT
Depreciating stock
Cost of buying stock
warranties
and so

and there are still a lot of people who want to drive their car in and drive another car away without any haggling or hassle.

my local dealer has some very strange pricing, but, he does sell lot of cars

[baughurst]

Speaking as someone who works in a garage, I totally agree with BBM and Greeners but they have both missed a point. There also has to be some compensation for dealing with the people who solely wish to point out to us the error of our ways!!!

We had a prime example the other week, bloke came in and looked around then announced "That car's the wrong colour". We assured him it was an original colour but not a popular one. "No, you're wrong, it was never a colour offered from new". There was no convincing him, all the evidence we could muster was equally wrong. There was also no way of getting rid of him until we had agreed that he was right and we were wrong!

At the end of the day, buying a secondhand car is no different to buying a secondhand anything. The seller offers it at a price and prospective buyers are allowed to haggle, offer the asking price or walk away.

[FredSpencer]

At the end of the day, buying a secondhand car is no different to buying a secondhand anything. The seller offers it at a price and prospective buyers are allowed to haggle, offer the asking price or walk away.

Applies to new as well as secondhand.

[baconbuttyman]

I haggle a lot on new goods, carpets etc, any thing really.

[Departed 32016]

Do dealers want to sell cars these days?

I was looking at 54 plate 04 ZTT diesel the other day and the price was £4995. Its now £5695. Thing is my dad bought the exact same model exact with a better spec a year ago for £5000 and his was a 135 version!

Think some dealers are living in cloud cuckoo land

either way thats an expensive car.
I work for the second biggest car dealership in europe, some cars are priced to sell, some allow a bit of give and take- if you go to most dealers, most will listen to you if you have a reasonable offer and want the car and have the funds to pay for it.

Nothing annoys me more than working with a customer an hour to and from my sales manager to get the best deal and then to be told "i need to think about it" or ok thanks for your help. (they never intended to buy the car, they just wanted to see what they could get for their car or how far they could push me so they could post on a forum- guess what i got offered for my car today!"

Our cars are old and are worth a few thousand pound to dealers- I would never buy a zt from a dealer- because they book next to nothing and dealers hike the prices. Buy private

[baconbuttyman]

Title of the thread changed due on request of the OP

[chrissyboy]

Are you sure? what makes you think that:confused: How I wish it were true.

the truth is no one knows the real value of these cars ... as many on here know my car was going to written off ,members on here price my car at £1600.. the insurance priced it at just under £3000 . yes thee cars are on the increase .the reason being the mg7 ,the pmany parts are the same so the market for these cars has changed .cheaper parts gonnabe avialable real soon ...

[Departed 32016]

the truth is no one knows the real value of these cars ... as many on here know my car was going to written off ,members on here price my car at £1600.. the insurance priced it at just under £3000 . yes thee cars are on the increase .the reason being the mg7 ,the pmany parts are the same so the market for these cars has changed .cheaper parts gonnabe avialable real soon ...

i would say you were just lucky at the insurance valuation, many members on here have not been so lucky.

[calibrax]

The value of our cars has gone up from a year ago. Particularly diesel models. People are finally realising how good the cars are and that parts are not a problem.

I bought my 2004 ZT two years ago for just under £5k, and after a year prices of similar cars were around £3k - £3.5k. But now, similar cars are priced £3.5k - £4.5k.

[chrishumphries]

Looks like I did ok for once then ! I bought my Dec 02 Connie CDTi Tourer in July on Ebay for 2k, it's got a minor scuff on the rear panel & quarter,130,000 miles, but FSH & a new clutch. I think I have had pretty much all the normal niggles though, parking sensors, maf, air bag light etc. All fixed & fitted with a Ron Box, all the power and luxury I will ever need !:D