Used car prices (Parkers et al) for a AMV8 Vantage
Discussion
Hi
any of you know of a reliable way to get used car prices for an AMV8 Vantage?
I've looked at parkers.co.uk and they claim to represent prices ACTUALLY PAID, but these are quite a bit lower than 'sticker prices'. For instance, given a 2007/07 AMV8 with 20k miles they say:
Original Price £84,037
Franchised Dealer £48,090
Independent Dealer £46,740
Private Good £43,600
Private Poor £38,345
Part Exchange £40,905
I'd say (looking at ads) that Franchised Dealers would put this up for about £54/55k.
I am looking now and I want to pay a fair price, not an over the top price.
any of you know of a reliable way to get used car prices for an AMV8 Vantage?
I've looked at parkers.co.uk and they claim to represent prices ACTUALLY PAID, but these are quite a bit lower than 'sticker prices'. For instance, given a 2007/07 AMV8 with 20k miles they say:
Original Price £84,037
Franchised Dealer £48,090
Independent Dealer £46,740
Private Good £43,600
Private Poor £38,345
Part Exchange £40,905
I'd say (looking at ads) that Franchised Dealers would put this up for about £54/55k.
I am looking now and I want to pay a fair price, not an over the top price.
I bought an 07/07 Coupe a month or two back, black/black 10,000 miles, FAMSH for low £40s.
Asking price and selling price are two different things.
Main Dealers are upping their prices a bit because no-one is selling their car, so they have to make more profit out of the cars they have.
If you're looking for an 07/07 car with under 10k expect to pay no more than £45k.
What do you think the dealer paid for this ?
http://www.pistonheads.com/sales/1026330.htm
But there's no "reliable price" guide at the moment, because it's a relatively rare car in a very volatile market.
Asking price and selling price are two different things.
Main Dealers are upping their prices a bit because no-one is selling their car, so they have to make more profit out of the cars they have.
If you're looking for an 07/07 car with under 10k expect to pay no more than £45k.
What do you think the dealer paid for this ?
http://www.pistonheads.com/sales/1026330.htm
But there's no "reliable price" guide at the moment, because it's a relatively rare car in a very volatile market.
Edited by GT2man-2 on Monday 18th May 20:46
GT2man-2 said:
I bought an 07/07 Coupe a month or two back, black/black 10,000 miles, FAMSH for low £40s.
Asking price and selling price are two different things.
Main Dealers are upping their prices a bit because no-one is selling their car, so they have to make more profit out of the cars they have.
If you're looking for an 07/07 car with under 10k expect to pay no more than £45k.
What do you think the dealer paid for this ?
http://www.pistonheads.com/sales/1026330.htm
Then add some to replace the dodgy wheels.Asking price and selling price are two different things.
Main Dealers are upping their prices a bit because no-one is selling their car, so they have to make more profit out of the cars they have.
If you're looking for an 07/07 car with under 10k expect to pay no more than £45k.
What do you think the dealer paid for this ?
http://www.pistonheads.com/sales/1026330.htm
Edited by GT2man-2 on Monday 18th May 20:45
And it doesn't look like it has sat nav either.
Edited by whoami on Monday 18th May 22:01
GT2man-2 said:
I bought an 07/07 Coupe a month or two back, black/black 10,000 miles, FAMSH for low £40s.
Asking price and selling price are two different things.
Main Dealers are upping their prices a bit because no-one is selling their car, so they have to make more profit out of the cars they have.
If you're looking for an 07/07 car with under 10k expect to pay no more than £45k.
What do you think the dealer paid for this ?
http://www.pistonheads.com/sales/1026330.htm
But there's no "reliable price" guide at the moment, because it's a relatively rare car in a very volatile market.
Really surprised at this "I bought an 07/07 ...10,000 miles, FAMSH for low £40s" - what was the asking price and what was your initial offer?Asking price and selling price are two different things.
Main Dealers are upping their prices a bit because no-one is selling their car, so they have to make more profit out of the cars they have.
If you're looking for an 07/07 car with under 10k expect to pay no more than £45k.
What do you think the dealer paid for this ?
http://www.pistonheads.com/sales/1026330.htm
But there's no "reliable price" guide at the moment, because it's a relatively rare car in a very volatile market.
Edited by GT2man-2 on Monday 18th May 20:46
PS Went to see the car you mention last week and found it (and the dealer) very sad!
whoami said:
...
And it doesn't look like it has sat nav either.
Doesn't look like it has many/any options. No way it will sell at that price.And it doesn't look like it has sat nav either.
IMO, for a good spec car (it didn't take many "std" options to add 10k to the list price on these) in decent condition, 45k is probably the mark at the moment. Maybe a bit higher/lower depending on the car.
Edited to add, possibly a touch higher if from a main dealer too.
Edited by Murph7355 on Monday 18th May 22:32
No question in my mind that used prices have actually firmed over recent months!
Earlier this year nearly new 4.3's were being cleared from the back log of over-supply/overstock pushing used prices down with plenty of used cars about & a depressed market at the worst time of year!
Now most of the "nearly new" stock has been sold through, many people are hanging onto their current cars, so less stock for dealers who are having to pay a little more to buy!
The exception is the inevitable panic sale/liquidation/repro.. where there are still (sadly) bargains!
Earlier this year nearly new 4.3's were being cleared from the back log of over-supply/overstock pushing used prices down with plenty of used cars about & a depressed market at the worst time of year!
Now most of the "nearly new" stock has been sold through, many people are hanging onto their current cars, so less stock for dealers who are having to pay a little more to buy!
The exception is the inevitable panic sale/liquidation/repro.. where there are still (sadly) bargains!
OK, I didn't take time to find a good example, but the point still stands.
This was sub-£50 (before negotiation) http://www.pistonheads.com/sales/951996.htm
This main dealer car could be got for under £50k too http://www.pistonheads.com/sales/698270.htm
Romans have an 07/07 which can be bought for £49
I've been offered a 07/07 gunmetal car (with Nav) for £46k (PM for info)
So trade values are going to be low £40s
This was sub-£50 (before negotiation) http://www.pistonheads.com/sales/951996.htm
This main dealer car could be got for under £50k too http://www.pistonheads.com/sales/698270.htm
Romans have an 07/07 which can be bought for £49
I've been offered a 07/07 gunmetal car (with Nav) for £46k (PM for info)
So trade values are going to be low £40s
Edited by GT2man-2 on Monday 18th May 22:48
GT2man-2 said:
OK, I didn't take time to find a good example, but the point still stands.
This was sub-£50 (before negotiation) http://www.pistonheads.com/sales/951996.htm
This main dealer car could be got for under £50k too http://www.pistonheads.com/sales/698270.htm
First one is not a MY07, it's MY06.This was sub-£50 (before negotiation) http://www.pistonheads.com/sales/951996.htm
This main dealer car could be got for under £50k too http://www.pistonheads.com/sales/698270.htm
Second one is more on the money and like you say, a bit of haggling for a few k off (maybe...) and it's a 48k car (45k plus a bit for a nice car plus a bit for a dealer...).
Trade value will likely be low 40s, but trade values are largely irrelevant unless you're a trader. A trader ain't going to sell you a car at the price he paid for it (unless there's something wrong with either the car or the trader), and a private seller is unlikely to sell to Joe Public at trade prices as he has less risk selling to an actual trader for the same return.
Regardless, these cars would still be "value" at 50+ IMO. So where the prices are now they are a bargain.
The main dealers are def pushing to see what the public will pay. I have been looking for a couple of months for a black/black 07MY either 56 plate or an early 07. This one is huge money for an 06/06 but they maybe in the right location to sell? http://www.pistonheads.com/sales/1042210.htm
Murph7355 said:
and it's a 48k car (45k plus a bit for a nice car plus a bit for a dealer...)
No, dealers will be putting more than £3k across a car like that. Murph7355 said:
Trade value will likely be low 40s, but trade values are largely irrelevant unless you're a trader.
No, they're very relevant, more relevant than sale prices, because they're the REAL value of the car, as opposed to the dealer mark up prices. Dealers will give you the spiel that they buy in only the finest of cars, yet they're the same dealers you find down Manheim buying up cars at auction, just like you or I could.Why isn't Joe Public going to sell at trade prices ? That's what he'd be doing if he part/exd it.
You don't have to be in the trade to get one at trade prices. Many dealers don't like having stock these days, not unless they can make a good mark up on it.. so speak to a few dealers who will let you know of any cars they are offered. Give them a grand for putting you in touch with the vendor and you've got a car for near as damnit to trade.
I understand some have a vested interest in talking up the prices, but that doesn't change the facts as they stand.
vantager said:
So, is it fair to summarise by saying that, as most 2007/07 cars seem to be around 52k, you'd start off offering around 45k, and be expecting about 10% off (paying 47k in the end)?
Yeah, I'd say so, if you're not getting one at trade.Edited by GT2man-2 on Tuesday 19th May 10:57
GT2man-2 said:
OK, I didn't take time to find a good example, but the point still stands.
This was sub-£50 (before negotiation) http://www.pistonheads.com/sales/951996.htm
This main dealer car could be got for under £50k too http://www.pistonheads.com/sales/698270.htm
Romans have an 07/07 which can be bought for £49
I've been offered a 07/07 gunmetal car (with Nav) for £46k (PM for info)
So trade values are going to be low £40s
They dont appear to be franchised dealers (which is what the OP looks like he is asking about).This was sub-£50 (before negotiation) http://www.pistonheads.com/sales/951996.htm
This main dealer car could be got for under £50k too http://www.pistonheads.com/sales/698270.htm
Romans have an 07/07 which can be bought for £49
I've been offered a 07/07 gunmetal car (with Nav) for £46k (PM for info)
So trade values are going to be low £40s
Edited by GT2man-2 on Monday 18th May 22:48
Bought my 06 plate with 12k on the clock in November for £45,500.
Having to sell due to baby arrival, It's been up for private sale for a month, had secured a private sale at £45,250 but unfortunately the deal fell through at the last minute.
Got fed up with people calling and offering me stupid prices without really knowing what the car is all about. Finally settled on a dealer buying the car off me via a mailshot offering to buy stock.
Dealers aren't making that much since they have to put it through a service, MOT, extended warranty and some paintwork bits.
Still I got a decent enough deal which I'm happy with and that's all that matters in this climate.
Having to sell due to baby arrival, It's been up for private sale for a month, had secured a private sale at £45,250 but unfortunately the deal fell through at the last minute.
Got fed up with people calling and offering me stupid prices without really knowing what the car is all about. Finally settled on a dealer buying the car off me via a mailshot offering to buy stock.
Dealers aren't making that much since they have to put it through a service, MOT, extended warranty and some paintwork bits.
Still I got a decent enough deal which I'm happy with and that's all that matters in this climate.
GT2man-2 said:
Why isn't Joe Public going to sell at trade prices ? That's what he'd be doing if he part/exd it.
You don't have to be in the trade to get one at trade prices. Many dealers don't like having stock these days, not unless they can make a good mark up on it.. so speak to a few dealers who will let you know of any cars they are offered. Give them a grand for putting you in touch with the vendor and you've got a car for near as damnit to trade.
I understand some have a vested interest in talking up the prices, but that doesn't change the facts as they stand.
Why WOULD anyone want the cost & hassle of selling privately at trade prices, unless (as you say) the trade aren't buying at all, even then they do still have the option to SOR for a better than trade return if they can wait! You don't have to be in the trade to get one at trade prices. Many dealers don't like having stock these days, not unless they can make a good mark up on it.. so speak to a few dealers who will let you know of any cars they are offered. Give them a grand for putting you in touch with the vendor and you've got a car for near as damnit to trade.
I understand some have a vested interest in talking up the prices, but that doesn't change the facts as they stand.
Grant3 said:
Why WOULD anyone want the cost & hassle of selling privately at trade prices, unless (as you say) the trade aren't buying at all, even then they do still have the option to SOR for a better than trade return if they can wait!
Some people hate dealing with dealers and think they'll chance their arm selling privately. Then if a private buyer turns up and offers what a trader had offered some sellers think "ah well, seems like that's what it's worth after all", and once the notes are waved under their nose they go for it. Sometimes being offered just a few hundred quid more than a dealer offered is enough to make people sell their car, so it's still a "trade" price really, but the seller thinks they've done well out of it, and the buyer has still saved a huge wedge. All too often you hear people say "I've been offered X from a dealer, anyone offering more can have it"SOR is fine and well, but it can take months for a dealer to shift your car, and they pass on the cost of every niggling piece of work to make it mint. Top555 once offered to SOR a Boxster I had, and by the time all the costs had been worked out I'd have been better off taking a trade price.
Edited by GT2man-2 on Tuesday 19th May 14:52
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