Hi everyone.
My daughter bought a new Kia Ceed s 5 door for a total price £9300 December 2008,on finance.
She has done about 13000 miles in it. She is now realising that it is tough to make the payments and is thinking of selling it and buying an old banger. She owes £8100 still on the finance.
Anyone any idea what she might expect to get for it ?
|
About 7500 - 8000
|
Look on Autotrader for similar cars and see what they're priced at?
www.webuyanycar.com will give you a benchmark too.
This is a tough time of year to sell a car, so expect a bit of a wait before a private buyer turns up.
|
I think it might be too difficult to sell on the private market. The very kind of people who buy Kias are properly those that are buying it for the full buying experience they might not have the confidence to buy it on the private market.
Also if she buys an old banger there will be lot more expensive repair costs and things like MOT setc.
|
thanks 4 the input,it is a petrol.
we run 2 bangers maintained by a good bloke who works from home, cheap motoring.....
|
What sort of finance was it bought on? Straight forward loan? PCP? HP? The finance type will have an impact on what can be done with regards finance.
She might also find it difficult to get a decent old "banger" with scrappage still running. Someone could get £2000 off a new Ceed for example by trading said old banger.
|
|
|