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How much should I pay for a Peugeot 308 described as 'Trade'?

I have been offered a Peugeot 308 with 14700 miles on the clock, described as 'Trade' on the dealer's website, for £9995. What does 'Trade' mean in this context and what should I be wary of?

Asked on 24 January 2012 by Chilton1199

Answered by Honest John
The dealer is honestly telling you he is a trader, so you have consumer rights against him. Book retail for the car with 5 seats and 22k miles is £10,100; with seven seats and 22k miles it's £10,575.
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