Author Topic: What's a fair discount on a car with 600 miles?  (Read 5475 times)

Offline branchespark

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What's a fair discount on a car with 600 miles?
« on: 29 December 2010, 16:23 »
Dealer has a GTD with 600 miles on the clock. They are offering ~7% off list. Seems a bit steep, seeing they offered the same on a factory order!
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Offline am1w

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Re: What's a fair discount on a car with 600 miles?
« Reply #1 on: 29 December 2010, 16:25 »
£600?
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Offline Snoopy

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Re: What's a fair discount on a car with 600 miles?
« Reply #2 on: 29 December 2010, 16:26 »
7% is a big chunk off there margin on a new car.
It depends on the spec, colour and how much they want rid of it.
Factory orders are taking a long time to come through so theres always someone out there will not wait.
The 7% on a factory order was im guessing from there buisness fleet side rather than the salesroom public customer side?
« Last Edit: 29 December 2010, 16:31 by Snoopy »
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Offline branchespark

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Re: What's a fair discount on a car with 600 miles?
« Reply #3 on: 29 December 2010, 16:37 »
I got the 7% off a new car from sales. Took a lot of work, mind you. Fixing in 2010 prices and 17.5% VAT for a May 2011 car.

Car is a GTD, carbon grey, uprated radio (not sat-nav), winter pack and adjustable suspension. Oh yes, and without 20 weeks of waiting!
Mk6 GTD 5dr | Manual | Deep Pearl Black | 18" Vancouvers | Leather | Xenons | RNS510* + VW Premium Bluetooth (iPhone4) + Dynaudio | Smoked LED tails | Cruise

Offline Snoopy

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Re: What's a fair discount on a car with 600 miles?
« Reply #4 on: 29 December 2010, 16:44 »
You did well as the basic margin is 8% anymore is made up with them hitting targets and sales schemes.
« Last Edit: 29 December 2010, 16:46 by Snoopy »
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Offline branchespark

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Re: What's a fair discount on a car with 600 miles?
« Reply #5 on: 29 December 2010, 16:50 »
So, if 7% is good for a new car, how much "off list" for a nearly new one?
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Offline Snoopy

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Re: What's a fair discount on a car with 600 miles?
« Reply #6 on: 29 December 2010, 16:52 »
It depends how they bought it. They pay less for showroom/demo models than they do cancelled/customer models. I would be suprised if they sell it at much of a loss. Steve30 bought one similar to what your looking at ie ex showroom. Maybe a search to see what he got off % wise. They prob also want to shift it before the end of the month which you could use to your advantage.
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Offline The Doc

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Re: What's a fair discount on a car with 600 miles?
« Reply #7 on: 29 December 2010, 17:26 »
I got the 7% off a new car from sales. Took a lot of work, mind you. Fixing in 2010 prices and 17.5% VAT for a May 2011 car.

Car is a GTD, carbon grey, uprated radio (not sat-nav), winter pack and adjustable suspension. Oh yes, and without 20 weeks of waiting!

Good spec and colour  :wink:

Offline branchespark

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Re: What's a fair discount on a car with 600 miles?
« Reply #8 on: 29 December 2010, 19:03 »
They're not budging! One last throw of the dice ...
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Offline The Doc

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Re: What's a fair discount on a car with 600 miles?
« Reply #9 on: 29 December 2010, 19:10 »
Coz they know they'll sell it at that price fairly easily  :huh: