Right time to sell
Author
Discussion

bxuxas

Original Poster:

9 posts

70 months

Wednesday 4th November 2020
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Hi All,
Now that I am getting paid for a car allowance, it is time to get a new motor, replacing the Corsa Sting (the red car with white stripes) by something like a Leon.

The problem, I need to sell my Corsa first, to gather the right amount for the leasing deposit, however, for the right amount I need to sell privately.
How long will take? I don't know.
But I have been told that a leasing car may take 3 weeks to be delivered.

How should I manage this?

Thanks.

lj04

409 posts

220 months

Wednesday 4th November 2020
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Could you not pay the deposit on a credit card and then pay the card off when you sell yours

bxuxas

Original Poster:

9 posts

70 months

Thursday 12th November 2020
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Well, credit card, could be an option but too risky.

Once I found out when the car is to be delivered, I will look around and try to sell it.
How easy is to sell a car privately?

TheDrownedApe

1,759 posts

85 months

Friday 13th November 2020
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For a car at that place on the market i would expect it very easy to sell....just price it right. Think what's more important, getting that extra 10% or getting your deposit.

Your best bet is still to stick it on a CC then you are not without a car (if that's an issue)

SlowV6

720 posts

168 months

Friday 13th November 2020
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Why not save up the deposit amount required first and then you can sell the Corsa at your leisure without needing that money?



Edited by SlowV6 on Friday 13th November 10:32

nunpuncher

3,763 posts

154 months

Friday 13th November 2020
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I just sold a cheap Mini Cooper S via facebook marketplace. Lockdown and Christmas coming upon means it's not the easiest to sell a car right now. I had it listed a few places but gumtree and FB were the only places that produced enquiries.

I'm scanning the usual places looking for a cheap replacement at the moment (need something big). The likes of eBay, gumtree etc are absolutely FULL of cheap small cars so can't imagine its that easy to shift one unless its a bit special or very cheap.

Mr Tidy

31,125 posts

156 months

Friday 13th November 2020
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I sold a cheapy in December a few years ago on Gumtree without too much trouble.

I think cheap and cheerful cars still sell OK this time of year as there will always be people whose car has suffered major issues - whether mechanical or MOT - and just deperately need a car so look for a cheap runner.

It's much harder to shift anything dearer because everyone seems to lose interest in cars until after Christmas as I found out last year! It took until February and I still had to let it go cheap.

bxuxas

Original Poster:

9 posts

70 months

Saturday 14th November 2020
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Thanks all for the comments.
I checked in Facebook, and they are similar models of mine being sold by more than £600, of we by any car, or part exchange, will offer.

I prefer to live for a couple of weeks with less £500 of a leasing deposit than losing £600.

KungFuPanda

4,637 posts

199 months

Sunday 15th November 2020
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Just sell it to WBAC then.