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| Thread ID: 139957 | 2015-07-30 03:49:00 | Trade-in price vs retail for a car | Tony (4941) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1405591 | 2015-07-30 03:49:00 | I've been offered $1800 as a trade in on a 1999 Lancer wagon. I realize this is a bit of a "how long is a piece of string" question, but on the basis of that offer, what might I expect to get if I were to sell it privately? | Tony (4941) | ||
| 1405592 | 2015-07-30 03:52:00 | I would look at trade me price to get market indication. www.trademe.co.nz |
Cicero (40) | ||
| 1405593 | 2015-07-30 04:06:00 | I would look at trade me price to get market indication. www.trademe.co.nz link is just like my car, but more kms. I have had a look at Trade me, but the asking prices vary hugely, and all the ones I saw had no bids, so you really have no guidance. I was really hoping someone here might have some idea of the mark-up a dealer would put on the car if he was reselling it. |
Tony (4941) | ||
| 1405594 | 2015-07-30 04:09:00 | 40-50% | nmercer (3899) | ||
| 1405595 | 2015-07-30 04:15:00 | Hard to give you a good answer. The Dealer will be working on the profit from both vehicles if you get a top price for the one that you are trading you will also pay top price for the one that you are getting from him and visa versa. Nmersas 40-50% looks about right to me. |
CliveM (6007) | ||
| 1405596 | 2015-07-30 05:05:00 | That link is just like my car, but more kms. I have had a look at Trade me, but the asking prices vary hugely. Looking at what is for sale on Trademe tells you nothing. The way to do it is click the search expired listings drop down (with your search term, specific) and see what people actually SOLD them for. That gives you a far better idea. Also, someone once said to me, if you want to know the value from a dealer, ring them ad ask if they have (whatever your car is) on their lot and how much for it. Then drop it down a bit and that's the market value of it. |
pctek (84) | ||
| 1405597 | 2015-07-30 05:31:00 | Looking at what is for sale on Trademe tells you nothing. The way to do it is click the search expired listings drop down (with your search term, specific) and see what people actually SOLD them for. That gives you a far better idea. Also, someone once said to me, if you want to know the value from a dealer, ring them ad ask if they have (whatever your car is) on their lot and how much for it. Then drop it down a bit and that's the market value of it.That's a good point. I'll look at the expired listings. I like the idea of phoning the dealer as well. |
Tony (4941) | ||
| 1405598 | 2015-07-30 05:34:00 | 40-50%So that would make the possible retail about $2300. Sounds about right to me. I actually have a maybe/possible buyer (I decided not to trade) and I was trying to get a feel for what to ask. | Tony (4941) | ||
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