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Model specific boards => Golf mk5 => Topic started by: maxp on 16 February 2010, 19:44

Title: Actual price paid versus listed price
Post by: maxp on 16 February 2010, 19:44
Having never bought a car that wasnt a shed, with a mk5 to be the first 'decent' car,  i was just wondering what people's thoughts were towards wiggle/negotiation/haggle room on a listed price.

Taking a typical example on autotrader for 10k, what would you expect to pay.

(I know this is totally subjective to the quality of the car versus the price, but just interested on what people have to say)
Title: Re: Actual price paid versus listed price
Post by: Hurdy on 16 February 2010, 19:53
From my experience....

ONO - within 10% of asking price

OVNO - within 5% of asking price

No offers - within 1-2% of asking price.

 :wink:
Title: Re: Actual price paid versus listed price
Post by: nick30 on 16 February 2010, 21:18
its always worth a haggle, you need to speak to them directly and offer less than you want to pay then judge the reaction. you will be going in to the situation armed with info and knowing what to offer so be brave soldier  :smiley:

be warned though that if its a private or "trade" sale there could be some aggressive characters. if your serious about spending 10K then you need to know you can trust the seller, hence why we only buy direct now. your more than likely able to find a car with a VW dealer for that money these days and you will get security of a warranty for a year also
 
Title: Re: Actual price paid versus listed price
Post by: the dude on 17 February 2010, 01:09
Mine was listed at £10k, Said he would not take any offers as it was worth more than what he was asking (dealership, independant though!) So offered him £9.6, he said no, So I offered £9.7 with 6 months tax, to which he accepted (don't ask where he learnt maths as the road tax was £119!!!)
Always haggle, the worst they can say is no. First time anyway!
Title: Re: Actual price paid versus listed price
Post by: bertmort8 on 19 February 2010, 09:49
when i bought my saxo vtr i was very young and abit stupid tbh
was up for 4k and thats what i paid -i know i know schoolboy error-

was never really worth more than 3k max but i didnt really wanna haggle as i wanted the car sooo much and had travelled 2 hours to look at it

you can always work the seller down afew notches easily unless it is a VERY reluctant sale
Title: Re: Actual price paid versus listed price
Post by: 2007GTI on 19 February 2010, 12:04
but then theres stuff "thats priced to sell" at dealers, always a bullsh1t line, but sometimes true, if its bang on market value, it will sell.
Title: Re: Actual price paid versus listed price
Post by: Mark Hateley FF on 19 February 2010, 21:24
Mine was priced at £12k for a gargage.

I just phoned and he knocked off £500 then another £300 with 6 months road tax :smiley:


Was happy plus I got 1 month warrenty which isnt alot but its a golf  :cool:
Title: Re: Actual price paid versus listed price
Post by: DanoGTI on 21 February 2010, 09:44
Had at least £1500 knocked off my MY05 last May (09) with 22K on the clock. Not a big spec, but a good base for "improvement"  :wink: Bought it at the right time. They'd just sold the car to someone who couldn't get insurance, but because it was the end of the month, they'd already submitted the figures  :grin: Car had to go back on the forecourt and sell quickly!!  :grin:

We walked in, offered X-amount. Agreed. They took my Audi as p/ex - gave me private value rather than p/ex. Agreed. Changed my private plate over (at their expense - took a while though!). Agreed. Qarranty (3yr) & GAP insurance. Agreed. IF we could do the deal within a week.

Simple rule being, if you're prepared to walk away from the deal, then you can go in with balls of steel!! :grin:

Moral of the story - there are deals to be had out there, as long as your prepared to wait...... and FWIW, we waited/looked for 6 months (our first challenge was finding a competent VW dealer, but that's a different story!! :grin: )

DAn

Title: Re: Actual price paid versus listed price
Post by: Hurdy on 21 February 2010, 16:15
I managed £800 off the list price of mine even though VW at the time said they weren't going to discount the ED30 :cool:
Title: Re: Actual price paid versus listed price
Post by: TagnuT on 22 February 2010, 20:18
I managed £800 off the list price of mine even though VW at the time said they weren't going to discount the ED30 :cool:

You did well  :smiley:
Title: Re: Actual price paid versus listed price
Post by: ifti on 23 February 2010, 09:08
Mine was up for £21.5k to start with.
I emailed the guy and he stated he would go no lower then £20k. Not bad to get him to drop £1.5k over a few emails though!

About 2 weeks later I searched again and noticed the car hadnt sold, so contacted him again, thinking he may drop a little more to sell.
Went to look at the car, and we agreed on £19k.
We even shook hands etc - the deal was done.

I had to wait to transfer some money between accounts, and get time off of work to collect.
In this time he kept asking for a deposit, but I said I would rather give the whole lot in one go. He persisted, to which I politely threatened to walk!

A few days later, I went to pick up the car, but said I couldnt go any further then £18.5k.
I had a bankers cheque for £18.5k on me, and thought I would try mu luck. I still had £500 in cash on me in case he didnt accept.

Seeing the cheque was for £18.5k only, and that he wanted to sell the car, he just caved in :wink:

So I knocked £3k off of mine. However, I do believe what I paid was right and he had it overpriced at the time anyways....