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any - have second hand prices gone daft - example. - bananastand

Looking round for a jolly old motor once again, in the lower reaches of the well-used market, the world seems to have turned upside down. In days gone by I found Parker's always over-estimated prices and dealers were generally fairly reasonable if you looked round enough. But this example below - he wants £2495 for it and Parker's says he should be asking just under £1100!! YES I KNOW there is an adjustment for miles to be done which I can't see unless I subscribe, but I do know the difference will be marginal. I am seeing this a lot now. HELP ME LORD.

www.autotrader.co.uk/classified/advert/20140815662...p

any - have second hand prices gone daft - example. - Bromptonaut

Looks like standard dealer pricing to me. My locla Cit/Pug specialist has a similarly aged (+/- a year ) Partner on his forecourt. It's the faux 4*4 Escapade trim so top of range but he's asking over £2k for it.

any - have second hand prices gone daft - example. - bananastand

Ta Brompto, it's just that Parker's seems to be out by over 100% when we get to this price range.

I do remember however when trying to part ex with Evans Holshaw once - they said, ah, well, you know, Parker's always over-estimates prices.

Then when I queried the sticker price on the car they were selling they said, with a straight face, ah well, you know, Parker's always under-estimates prices.

any - have second hand prices gone daft - example. - Bladerrw

To be fair, it must be very difficult for the dealer to make any money selling a car like that for £1100. It looks a bargain at £2495. I think Parkers have it wrong.

any - have second hand prices gone daft - example. - mss1tw

Scrappage scheme and more people hanging onto their cars for longer

any - have second hand prices gone daft - example. - Sulphur Man

What's the old adage about low-price range dealers, 'a £2000 car on a forecourt is a £1000 with a pro valet'.

Personally I wouldnt got near a dealer in that price range - private sales only.

any - have second hand prices gone daft - example. - bananastand

slightly off topic, I saw a valet service in a Dublin multi storey a couple of weeks ago - 115 euro for a full valet on a 4X4. Yes indeed, one hundred and fifteen.

any - have second hand prices gone daft - example. - The Gingerous One

I always remember an article in the old "Buying Cars" from c.1992. Article was entitled "A Car that's not Too Grand" and lamented the £2k price bracket..."too little for a trader to make a decent profit on but enough for the punter to think they're spending a packet and wanting the world" was the vague gist.

any - have second hand prices gone daft - example. - Bolt

Scrappage scheme and more people hanging onto their cars for longer

Some of those that are selling want top price for motors not even serviced for years

One I looked at V plate Toyota corolla asking £1500 only part history and needs a service(the owner didnt even know if it had a cambelt

any - have second hand prices gone daft - example. - Andrew-T

Scrappage scheme and more people hanging onto their cars for longer

Scrappage scheme - maybe (but a good while ago now). But are people really hanging onto their cars? There's an awful lot buying new just now if you believe the SMMT. It can't be just the fleets.

any - have second hand prices gone daft - example. - madf

Most secondhand cars for sale are in poor condition said the dealers I have spoken to. They are findingn it hard to get well looked after and maintianed stock...(Lots of PCP/lease stuff very grubby bodily)

any - have second hand prices gone daft - example. - barney100

Dosen't seem over the top to me, you'd need a test drive and a thorough inspection but if it's ok seems like a car that could last years.

any - have second hand prices gone daft - example. - daveyK_UK

I know first hand, the biggest problem the independent dealers at the lower end of the scale are facing is 3 fold.

1. A real lack of quality stock with proper full service history. I'm told 75% of the auction stock are lemons. The emergence of we buy any car and the like have also reduced the footfall offering them to indi's.

2. Car technology has become complicated and expensive to repair, modern diesels in particular are avoided or at least must have low mileage or evidence of work carried out to make them worth the risk. Too many customers returning cars within warranty with costly faults.

3. Auction buying and selling costs have become to expensive. The big 2 prices are wiping out profit margins and making it difficult to buy stock at sensible prices. The indi I know has told me he and some of his colleagues in the game now try other revenues when wanting to shift stock , with eBay and motorpoints part ex sales channel being popular choices. He has not renewed his mainheim trade card and has only kept his BCA trade account for the ex police vehicle sales with the flat 5% buyers fee.

3.

any - have second hand prices gone daft - example. - mss1tw

I know first hand, the biggest problem the independent dealers at the lower end of the scale are facing is 3 fold.

1. A real lack of quality stock with proper full service history. I'm told 75% of the auction stock are lemons. The emergence of we buy any car and the like have also reduced the footfall offering them to indi's.

Is this likely to be ex-fleet and hire cars? Or as a cross-section are people just not looking after their motors?

any - have second hand prices gone daft - example. - daveyK_UK

No.He buys at the lower end, anything up to around 6 grand.

The cars in his forckjet are normally 5 years of age or older.

When I spoke to his son last week, his dad was out picking up an eBay buy. No buyers fee and the ability to be very selective seem to be the key.

BCA and mainheim only have themselves to blame

any - have second hand prices gone daft - example. - coopshere
Surely Parkers et el are guides only and reflect the prices that have been paid previously. If the car the OP is looking at sells at that price and others follow suit then future editions of the guides will reflect this.
any - have second hand prices gone daft - example. - Andrew-T

A real lack of quality stock with proper full service history. I'm told 75% of the auction stock are lemons. The emergence of we buy any car and the like have also reduced the footfall offering them to indi's.

Yes, but what does WeBuyAnyCar do with them - they must come out somewhere else?

I guess the basic reason is that more owners have been skimping on care and maintenance. MoT pass only.

any - have second hand prices gone daft - example. - Bolt

A real lack of quality stock with proper full service history. I'm told 75% of the auction stock are lemons. The emergence of we buy any car and the like have also reduced the footfall offering them to indi's.

Yes, but what does WeBuyAnyCar do with them - they must come out somewhere else?

I guess the basic reason is that more owners have been skimping on care and maintenance. MoT pass only.

Apparently WBAC sell at auction, I know several people that have sold to them because the car won`t sell privately,either no interest, or takes too long

WBAC buy straight away with money in the bank next day if you want,which if your in a hurry to sell, it`s ideal even though you do not get full value and it costs £25 for next day payment

any - have second hand prices gone daft - example. - pd

WBAC are owned by BCA.

Prices are certainly high in the trade at the moment with anything which isn't horrible with some history generally fetching at least "book" or in many cases over.

any - have second hand prices gone daft - example. - bananastand

that's all damned interesting thanks chaps. I was going to put mine through BCA in Belle Vue but the hassle involved will be horrific and I believe the buyer has the opportunity to reject it, which will double the pain!!

In view of that selling to WBAC might be an idea esp. as there is a branch nearly in walking distance!

I fancy ebay to buy from now, I know it's a risk but the choice on autotrader does seem to have dwindled over the past year or so. I think you can learn a lot from a well-written and thorough description - as long as you filter out the dealers posing as private sellers.

any - have second hand prices gone daft - example. - Bolt

WBAC are owned by BCA.

We know!

any - have second hand prices gone daft - example. - Steveieb

My daughter has an Audi A4 S line Cabrio 4.2 litre quatro that he would like to sell in view of the running costs.

HJ recommends BCA Sure sell. Do you agree that this is the best option given that this is a high performance car affected by seasonal demand.

any - have second hand prices gone daft - example. - Avant

Suresell works, but the price you get will probably be lower then you'd get selling it privately. But you avoid the risks and hassle.

I sold my Z3 last year via Suresell (12 years old, 85,000 miles, VGC) and got only £2,200 for it, less about £150 commission. I think I could have got over £3,000 for it privately - although I initially advertised it through the BMW Car Club and there were no takers, not even an enquiry..

any - have second hand prices gone daft - example. - pd

My daughter has an Audi A4 S line Cabrio 4.2 litre quatro that he would like to sell in view of the running costs.

HJ recommends BCA Sure sell. Do you agree that this is the best option given that this is a high performance car affected by seasonal demand.

Most buyers will see a car like that in a SureSell section and assume it is there because there is something major wrong with it and bid accordingly.

any - have second hand prices gone daft - example. - Steveieb

Many thanks for this useful advice. Sounds like Sure sell may not be the ideal option. Have you any more ideas to try to sell this high performance car?

any - have second hand prices gone daft - example. - jgrahampo

look at the classfieds wanted ads in the sunday times drive section

any - have second hand prices gone daft - example. - Surrey_Scientist

I'm also having real problems finding a decent vehicle.

I'm looking for a large automatic estate pref Jalanese, eg Accord or avensis.

Anything that comes along on autotrader or eaby that hasn't done 120K+ miles is really overpriced, and cars that are of lower mileage, eg 50/60K and over 5-6yrs old, which is the kind of price-bracket I am looking at, seems to be selling at over-book price, and usually within 24hrs of the ad appearing.

The real prob I am finding is that when I See a decent car advertised, by the time it gets to the weekend and I can go to view, it has already sold as my job doesnt give me the flexibility to take time off weekdays to go and view.

And I'm based SW London and theres nothing local her at all, its all miles away.

There are more decent cars in the Midlands and North of UK is seems.

The dealers local to me say they are having problems finding vehicles and theres a lot of rubbish, and only seem to have smaller hatchback tytpe of vehicles.

any - have second hand prices gone daft - example. - daveyK_UK

The we buy any car vehicles get sold at BCA under the UKCGR name.

any - have second hand prices gone daft - example. - TML CARS LTD

No its under the CC Trade and CC trade Select all the WBAC I belive. Although CC trade is owned by UKCGR.

Edited by TML CARS LTD on 30/09/2014 at 21:55

any - have second hand prices gone daft - example. - gordonbennet

I'm also having real problems finding a decent vehicle.

As i mentioned in another thread SS, buy yourself a cheap banger for now and look for a decent car in the depths of winter.

Last week there was a cracking little 03 plate Daihatsu Terios for private sale on ebay in Weybridge (it'll be gone now i sexpect), long ticket 70odd k mile full history one owner in unmarked condition inside and out, for £995, (clutch pedal high so probably needs a clutch soon, easy job) not only would that make a superb winter hack you could easily sell it on for that price once you'd found your ideal car.

If it had been closer i'd have snapped it up meself for the winter.

Oh and be prepared to travel when the right bargain comes along, they won't be in your area often, too many sharp eyed and sensible (foreign) punters...and thats not being race or any other ist, foreign geezers are pretty clued up about whats good and bad in motors, more so than the average Brit i would say.

Edited by gordonbennet on 27/09/2014 at 09:51

any - have second hand prices gone daft - example. - Andrew-T

<< Oh and be prepared to travel when the right bargain comes along, they won't be in your area often, too many sharp eyed and sensible (foreign) punters.... >>

Some buyers do travel seemingly silly distances. My daughter advertised (A-T) a decent 55-plate Golf Plus for £4300 in E Cheshire last spring. The only punter came to collect from beyond Kings Lynn. Story was that such cars were much dearer there.

any - have second hand prices gone daft - example. - gordonbennet

Some buyers do travel seemingly silly distances.

My lad who lives in the midlands sold his highly modified Imprezza RA on ebay, a chap from the Czech Republic bought it, and got a mate, some mate that, to give him a lift to pick it up, dead straight bloke, no messing, cash in hand.

Made my 150 mile train journey to collect the Outback i bought blind seem a bit puny.:-)

any - have second hand prices gone daft - example. - bananastand

I eventually traded my Outlander in for much more than I would have got at auction. I got £1100 tbh, even though there were just days left on the MoT, engine warning light on, about a million former keepers, and 110k.

I was beginning to despair about autotrader and Parker's guide. I spoke to a motoring journalist from one of the weeklies and he said that Parker's is yesterday's news and he doesn't know how they keep going. Nobody buys it and the prices in it are guesswork. The massive discrepancy between the online and print versions is just a symptom of that he claimed.

In exchange for my banger I got a Santa Fe, 2.7 petrol, leather and auto, black, one owner, 06, 68000 miles, impeccable history. £3000 so cost to change was £1900. Parker's was irrelevant, I just compared this deal to the others on A-T.

Had it ten days now and it's been A1.

Keep looking chaps!!!

any - have second hand prices gone daft - example. - jamie745

I don't see too much wrong with that really. It's a 9 year old, very high spec car with a recent service and low miles.

Used cars in this country are cheap, they never used to be, because we used to get ripped off for new cars due to having the steering wheel on the correct side but it's amazing what you can pick up for peanuts now. Granted the £1000 or below market has taken a huge hit because the Government scrapped 200,000 roadworthy cars, but so long as you're not looking for a diesel Audi or something else very desirable, you'll do alright.

any - have second hand prices gone daft - example. - bananastand

Cheers Jamie. I was going to do the SureSell thing but the MoT has to be more than a month - and the HASSLE involved! With this part ex deal, I had travelled quite a way so we shook hands and I just drove away there and then with the new car. He didn't even test drive mine. Having the cash to wave around (last of the big spenders!!) helped a bit.

I forgot to mention - I would never sell a car privately if it was for more than a couple of thousand. Too many fraudsters and robbers. The list of scams up to and including direct violence seems to be endless.

Edited by bananastand on 12/10/2014 at 12:27

any - have second hand prices gone daft - example. - twitcherman

I had an '03 Santa Fe 2.7 Auto from new. Traded it in '06 because of its thirst. Regretted selling it many times - NOTHING went wrong on that car.

Did wallow a bit on the bendy stuff tho'

any - have second hand prices gone daft - example. - The Used Car Guy

That car is really quite specialist and there is a limited market to sell to. But there aren't going to be thousands available either. The dealer knows this and has reflected it in the price.

Also it is nice mileage which helps.

If the car was a 1.8 low spec the price would be £1495. There will be tons of this car available.

Parkers is just a guide, it's not concrete.

Your real guide should be Autotrader. Look for the same car within a 200 mile radius and see what the asking prices are.

If the mentioned car is in great condition, nice history etc it is certainly worth over 2k.

Good luck buying a used car

any - have second hand prices gone daft - example. - gordonbennet

Bananastand, did you manage to find one of the previous model @ £285 VED or is it after March 06 @ £near enough to 500 to make me faint?

any - have second hand prices gone daft - example. - bananastand

Sadly Gordon I think it's the higher tax. Well charging me more to use the road is going to save the planet, obviously.

Having assessed all the other Santa Fes out there I think I got a good deal though I agree the price has to be keen to shift a barge like this. I did see one very similar for under 2k but the mileage was literally double.

I'm happy anyway, it's like driving a boat and makes a nice rumble.

any - have second hand prices gone daft - example. - madf

£500 tax a year puts off most buyers.

(it would put me off and 19mpg urban)

Edited by madf on 12/10/2014 at 17:30

any - have second hand prices gone daft - example. - gordonbennet

£500 tax a year puts off most buyers.

(it would put me off and 19mpg urban)

One could imagine someone, could be anyone, buying the pre March 06 version and sticking LPG on it, then shouting Yah Boo at the virtual taxman everytime he fills up @ 66ppl..:-)

Nice car Bananastand, hope it serves you well.

any - have second hand prices gone daft - example. - jamie745

I handed over £500 sterling this year to tax the S-Type