Car swapping with a dealer
Discussion
Simple question - can this happen?
I appreciate that dealers aren't going to give you much in the way of a good deal if you want to p/x with money your way, as they'll still want to profit from the deal.
But if someone wanted to say... swap their Focus for an MX5 / mk3 MR2 or similar, would they entertain the idea without extracting the urine on car values?
My thinking is, a Focus would be a more resellable car than a 2 seater roadster, so they might be open to the idea!
TIA for any replies
I appreciate that dealers aren't going to give you much in the way of a good deal if you want to p/x with money your way, as they'll still want to profit from the deal.
But if someone wanted to say... swap their Focus for an MX5 / mk3 MR2 or similar, would they entertain the idea without extracting the urine on car values?
My thinking is, a Focus would be a more resellable car than a 2 seater roadster, so they might be open to the idea!
TIA for any replies
They'll be wanting to make money on the car they sell you, and then wanting to make money on the car they get (whether they buy, PX or swap) from you. So you're being stung twice by the same dealer and your car will need to be worth plenty more than the one you take off their hands.
This will of course depend entirely on the dealership. Some won't bother trying to resell a PX themselves.
This will of course depend entirely on the dealership. Some won't bother trying to resell a PX themselves.
Of course they will. Put it simply.....
Dealer is selling car A @ £9000. He bought it at auction for £7000.
You have car B worth £9000 trade in value. He will sell it for £11,000.
You swap. He sells car B for £11,000 and makes £4000 revenue because you car has essentially only cost him the auction price of car A.
There are many permetations to this but from an independant car dealer there shouldnt be an issue so long as the trade in value of the focus is the same value as the sticker price of the mx5.
Andy
Dealer is selling car A @ £9000. He bought it at auction for £7000.
You have car B worth £9000 trade in value. He will sell it for £11,000.
You swap. He sells car B for £11,000 and makes £4000 revenue because you car has essentially only cost him the auction price of car A.
There are many permetations to this but from an independant car dealer there shouldnt be an issue so long as the trade in value of the focus is the same value as the sticker price of the mx5.
Andy
Edited by R26Andy on Sunday 16th January 08:08
Edited by R26Andy on Sunday 16th January 08:32
Simbu said:
Simple question - can this happen?
I appreciate that dealers aren't going to give you much in the way of a good deal if you want to p/x with money your way, as they'll still want to profit from the deal.
But if someone wanted to say... swap their Focus for an MX5 / mk3 MR2 or similar, would they entertain the idea without extracting the urine on car values?
My thinking is, a Focus would be a more resellable car than a 2 seater roadster, so they might be open to the idea!
TIA for any replies
i wouldnt play the desirability card too much - just like you are looking for an mx5 because its coming near spring, the dealer, who has probably had the mx5 all winter, knows in about six weeks time the interest in it will rise significantly. Also, dealers tend not to mind having one two seater / sports car about. I appreciate that dealers aren't going to give you much in the way of a good deal if you want to p/x with money your way, as they'll still want to profit from the deal.
But if someone wanted to say... swap their Focus for an MX5 / mk3 MR2 or similar, would they entertain the idea without extracting the urine on car values?
My thinking is, a Focus would be a more resellable car than a 2 seater roadster, so they might be open to the idea!
TIA for any replies
Gassing Station | General Gassing | Top of Page | What's New | My Stuff