Totally Sick Of Dealer Prices And Second Hand Prices High.

[mrplebby]

A couple of year ago lets say C1 prices you could buy a 5door brand new for around £6000 and now sinse just before the scrappage scheme the prices increased to like £8000 minus £2000 you no the maths, now the scrappage scheme has finished they bring out summit called the swappage scheme instead of reducing the prices back to where they were.

Whats annoying me is i want to buy a C1/Aygo/107 with cash and im not paying £8000 new because i havent a trade in car and reluctant to buy second hand because for a secondhand C1 Thats like 3 years old they are wanting £6000 for it when thats all they paid for it, no wonder theres so much talk about them not losing much money with good residual value.

[geezbeez]

Been there , seen it, bought private.

Main dealers want £8000 for a 5 door Platinum with Aircon on 08 plate.

A quick look on parkers site and list price for the car was only £8500 in 2008 when new.

Where some very good discounts on cars in 2008 and early 2009 too.

OK, Its a bit more hastle to buy private you may need to pay mostly the finance company (ok if Toyota finance or other reputable) and the balance to the owner.

Obviously do some checks to make sure you arent gettting scammed, faactour in you may need to pay for service which is due.

+ve you still have a warantee if theres a problem with a 2 year old car.

Should save you £2000+ maybe even £3000.

[AYGOgummy]

A couple of year ago lets say C1 prices you could buy a 5door brand new for around £6000 and now sinse just before the scrappage scheme the prices increased to like £8000 minus £2000 you no the maths, now the scrappage scheme has finished they bring out summit called the swappage scheme instead of reducing the prices back to where they were.

Whats annoying me is i want to buy a C1/Aygo/107 with cash and im not paying £8000 new because i havent a trade in car and reluctant to buy second hand because for a secondhand C1 Thats like 3 years old they are wanting £6000 for it when thats all they paid for it, no wonder theres so much talk about them not losing much money with good residual value.

Try discount places like drivethedeal.com or coast2coastcars.co.uk - you'll easily get a discount there. For example, Drive the Deal are doing the diesel C1 for around £8000, which is the price of the base-model 1.0 VT on Citroen's website. They're also doing the base-model Aygo for just £6997 - not bad at all. Take a look, you might be surprised just how cheap you can get them :)

[AYGOgummy]

Drive the Deal are also doing an Aygo Plus 1.0 5-door for £7700 - again, I reckon that's a bargain in comparison with the 12-month old cars.

[PumpkinSteve]

If you have the cash you can take Toyota finance, they will knock another £500 off the car and then you can use your cash to immediately pay off the finance after saving £500.

[mrplebby]

If you have the cash you can take Toyota finance, they will knock another £500 off the car and then you can use your cash to immediately pay off the finance after saving £500.

I thought when you take out finance there is at least another £1000 added to the price of the car?

[PumpkinSteve]

If you have the cash you can take Toyota finance, they will knock another £500 off the car and then you can use your cash to immediately pay off the finance after saving £500.

I thought when you take out finance there is at least another £1000 added to the price of the car?

If you pay off the finance immediately you don't have to pay any interest, the interest only applies if you actually take the whole 2-3 years to pay off the car. The dealer told me about this trick but I didn't have the cash to pay it off anyway, the interest rate is only 3.9% if you pay the car off over 2 years so it isn't much to start with.

[mrplebby]

OK, Its a bit more hastle to buy private you may need to pay mostly the finance company (ok if Toyota finance or other reputable) and the balance to the owner.

What you mean, here if i buy the car i dont give all the money to the seller incase of fiance owed, so i have to get intough with the finance company myself, sorry 4 been dumb but i havent purchase a expensive second hand car from a private owner just from a dealer.

Dave

[geezbeez]

If you own a car with finance and need to sell it, it can be a problem as you must clear the finance before the car can have a new owner or you break the law.

You can trade up or you can sell to the likes of "We buy any car" but youd be shocked by how low some of those placeds will pay.

Its not easy selling private with a car worth over £3000 with finance on it. People pay £40 to advertise and unless the car is a prestige high demand model they dont always get the interest they expect.

So if you have money as a buyer you can drive a hard bargain.

Obviously never buy in a car park, only from the cars registered address. Meet the registered keeper confirm theyre who they say they are. If theres outstanding finance, ask who its with, ask to see the documents. Independantly confirm the phone number and legitimacy of the finance company. If they say finance is payed off you still need to check, its probably easier if the finance isnt paid cos then if you pay the finance your as certain as can be theres no finance left. You pay the owner the balance, and can usually pay the finance over the phone in front of the seller, but although the finance will accept your money they wont discuss the details so you need the seller to speak to them first. Theres speaker phone isnt there. If something does go wrong like all the money isnt paid the seller will in most cases be in more trouble than you. Maybe someone can point out risks. Think it through.

[PumpkinSteve]

If you own a car with finance and need to sell it, it can be a problem as you must clear the finance before the car can have a new owner or you break the law.

You can trade up or you can sell to the likes of "We buy any car" but youd be shocked by how low some of those placeds will pay.

Its not easy selling private with a car worth over £3000 with finance on it. People pay £40 to advertise and unless the car is a prestige high demand model they dont always get the interest they expect.

So if you have money as a buyer you can drive a hard bargain.

Obviously never buy in a car park, only from the cars registered address. Meet the registered keeper confirm theyre who they say they are. If theres outstanding finance, ask who its with, ask to see the documents. Independantly confirm the phone number and legitimacy of the finance company. If they say finance is payed off you still need to check, its probably easier if the finance isnt paid cos then if you pay the finance your as certain as can be theres no finance left. You pay the owner the balance, and can usually pay the finance over the phone in front of the seller, but although the finance will accept your money they wont discuss the details so you need the seller to speak to them first. Theres speaker phone isnt there. If something does go wrong like all the money isnt paid the seller will in most cases be in more trouble than you. Maybe someone can point out risks. Think it through.

This is very dodgy stuff though, only the seller themselves can clear the finance, and what happens if they don't pay it after selling you the car? Mr. Bailiff comes knocking at your door with a tow truck ready to take your car away because Toyota still own the car until ALL finance is cleared and they can take it away even if it has been sold to someone else. I would not buy a car with any finance owed, do an HPI check or something to make sure it's clear first.

[mrplebby]

If you own a car with finance and need to sell it, it can be a problem as you must clear the finance before the car can have a new owner or you break the law.

You can trade up or you can sell to the likes of "We buy any car" but youd be shocked by how low some of those placeds will pay.

Its not easy selling private with a car worth over £3000 with finance on it. People pay £40 to advertise and unless the car is a prestige high demand model they dont always get the interest they expect.

So if you have money as a buyer you can drive a hard bargain.

Obviously never buy in a car park, only from the cars registered address. Meet the registered keeper confirm theyre who they say they are. If theres outstanding finance, ask who its with, ask to see the documents. Independantly confirm the phone number and legitimacy of the finance company. If they say finance is payed off you still need to check, its probably easier if the finance isnt paid cos then if you pay the finance your as certain as can be theres no finance left. You pay the owner the balance, and can usually pay the finance over the phone in front of the seller, but although the finance will accept your money they wont discuss the details so you need the seller to speak to them first. Theres speaker phone isnt there. If something does go wrong like all the money isnt paid the seller will in most cases be in more trouble than you. Maybe someone can point out risks. Think it through.

This is very dodgy stuff though, only the seller themselves can clear the finance, and what happens if they don't pay it after selling you the car? Mr. Bailiff comes knocking at your door with a tow truck ready to take your car away because Toyota still own the car until ALL finance is cleared and they can take it away even if it has been sold to someone else. I would not buy a car with any finance owed, do an HPI check or something to make sure it's clear first.

So say if i go look at a car and really like it, and wary of leaving a deposit until i have done a hpi check, i just tell him i have a few more to look at go home do a hpi check and if all is clear hope he hasnt sold to someone else.

[Parts-King]

I have never read such out of touch, complicated rrr's about face information as in this thread!

Prices of new cars did not go up and down to reflect the discount being offered, that is just not true. The TRUTH is that the price of new cars was going up almost monthly last year, not so the dealer could eek out some extra money from Joe public, but because the manufacturers were losing money hand over fist and could not sustain the losses

Scrappage was a Government scheme. Despite there being a 2K allowance, in fact the Goverment only paid 1K, the rest had to be put up by the dealer or manufacturer or a combination of both

Swappage was a manufacturer scheme where 2K (and sometimes more) was discounted from a car, again with a combination of some of the dealer margin (profit) and manufacturer money

The problem with big discounts is that a car is worth 8K but you buy it for 6K, it has depreciated massively at day one. If you take a look at Aygo in particular, it has one of the best residual values of any used car in the UK. You cant have it both ways, big discounts = poor residuals, fact!

As for buying privately, you are always at risk from a scammer, it's a fact. There is plenty of advice on the internet for buying safely and I wont go into that here, but as for trying to phone a finance company and sort it out over the phone while you are on scene........forget it, the finance company will only deal with the person who owes the money!

When you buy a car from a reputable franchised dealer, you take away all the hassle of finance owed, HPI checks and the like, but you pay a premium, and that is higher prices, not just higher prices for price sake, but other the other benefits too such as warranty and other expertise that you wont get when buying privately

Lastly it's a buyers market, don't rant about screen prices and how expensive cars are, go and see your dealer and have a DEAL, there is never a right or wrong way to do it, but go and speak to them, you will nearly always come away with something that is right for you, whether its a discount off screen price or a free this or that, it makes no difference so long as you are happy with the deal

Kingo

[AYGOgummy]

I personally wouldn't buy a car privately, as Kingo said, you're always at risk and have less to fall back on if something goes wrong. OP, if you're looking for a new car, look at Drive the Deal and their discounts, which actually come from a main Toyota dealer somewhere in the UK - Drive the Deal are just a broker. Walk into your preferred showroom with the discounted price in your hand, as well as a copy of What Car? with their target prices, and the dealer should be able to match this quote. Because surely, if one Toyota dealer can come up with the discount, no matter where in the UK, then the rest of them can!

Then again, if you buy second-hand from a Toyota dealer, you're going to be rewarded with knowing how the Aygo retains its value.

[daveyjp]

OP - you need to look harder for a dealer car. Second hand Aygos are generally more expensive than the other marques. A colleague has just paid £5500 for a 12 month old top spec 5 door 107.

She found one Aygo for £5,000. It was an 06 reg 3 door, basic spec and had 35,000 on the clock.

[daveyjp]

OP - you need to look harder for a dealer car. Second hand Aygos are generally more expensive than the other marques. A colleague has just paid £5500 for a 12 month old top spec 5 door 107.

She found one Aygo for £5,000. It was an 06 reg 3 door, basic spec and had 35,000 on the clock.

[Parts-King]

Drive the Deal are just a broker. Walk into your preferred showroom with the discounted price in your hand, as well as a copy of What Car? with their target prices, and the dealer should be able to match this quote. Because surely, if one Toyota dealer can come up with the discount, no matter where in the UK, then the rest of them can!

In the real world that is how it should be, however, buying a new car is not easy!

A dealer makes a few hundred quid selling a basic Aygo, not enough to keep the doors open for a weekend, the margin is in the low %'s. Companies like drive the deal are registered fleet partners with Toyota and because they "Buy" large numbers of cars, get preferential rates from Toyota. It is not a level playing field. A fleet customer gets more discount than the dealer makes, by all means go in with the drivethedeal quote, but dont expect your dealer to match it, unless the dealer needs a few more deals to hit his targets, and uses some of his bonus to offset the loss

Kingo

[PumpkinSteve]

Drive the Deal are just a broker. Walk into your preferred showroom with the discounted price in your hand, as well as a copy of What Car? with their target prices, and the dealer should be able to match this quote. Because surely, if one Toyota dealer can come up with the discount, no matter where in the UK, then the rest of them can!

In the real world that is how it should be, however, buying a new car is not easy!

A dealer makes a few hundred quid selling a basic Aygo, not enough to keep the doors open for a weekend, the margin is in the low %'s. Companies like drive the deal are registered fleet partners with Toyota and because they "Buy" large numbers of cars, get preferential rates from Toyota. It is not a level playing field. A fleet customer gets more discount than the dealer makes, by all means go in with the drivethedeal quote, but dont expect your dealer to match it, unless the dealer needs a few more deals to hit his targets, and uses some of his bonus to offset the loss

Kingo

I took the Drive The Deal quote into my local dealer and they could do the car for £200 more than the quote, I didn't tell them that the finance rate on DTD is over 10% though so I bought from the dealer at a finance rate of 5.9% instead. You have to Pay DTD £35 in order to print the quote but it's worth it IMO, I'm positive that the quote helped me to get a better deal as I bought a new Aygo for less than they are selling identical used models for.

[mrplebby]

Drive the Deal are just a broker. Walk into your preferred showroom with the discounted price in your hand, as well as a copy of What Car? with their target prices, and the dealer should be able to match this quote. Because surely, if one Toyota dealer can come up with the discount, no matter where in the UK, then the rest of them can!

In the real world that is how it should be, however, buying a new car is not easy!

A dealer makes a few hundred quid selling a basic Aygo, not enough to keep the doors open for a weekend, the margin is in the low %'s. Companies like drive the deal are registered fleet partners with Toyota and because they "Buy" large numbers of cars, get preferential rates from Toyota. It is not a level playing field. A fleet customer gets more discount than the dealer makes, by all means go in with the drivethedeal quote, but dont expect your dealer to match it, unless the dealer needs a few more deals to hit his targets, and uses some of his bonus to offset the loss

Kingo

I took the Drive The Deal quote into my local dealer and they could do the car for £200 more than the quote, I didn't tell them that the finance rate on DTD is over 10% though so I bought from the dealer at a finance rate of 5.9% instead. You have to Pay DTD £35 in order to print the quote but it's worth it IMO, I'm positive that the quote helped me to get a better deal as I bought a new Aygo for less than they are selling identical used models for.

Just been on drive the deal and for basic models heres what they quoted, if i went to the dealer with cash would they match the offer??

107 urban lite 3door £6648

aygo VVT-i 3door £6927

C1 VT 3door £6922

The 107 looks temping not bothered on all the fat like electric windows and not bothered in the resale value either as im not buying it to sell it.

5 doors would be nice, but dont fancy paying an extra £1000

[geezbeez]

This is very dodgy stuff though, only the seller themselves can clear the finance, and what happens if they don't pay it after selling you the car? Mr. Bailiff comes knocking at your door with a tow truck ready to take your car away because Toyota still own the car until ALL finance is cleared and they can take it away even if it has been sold to someone else. I would not buy a car with any finance owed, do an HPI check or something to make sure it's clear first.

Incorrect. Anyone can pay off the finance. Just like anyone can pay money into your bank account. You can make out a cheque to the finance company and hand it to the prior owner to pay the finance off or you can usually pay the finance over the phone. You can also phone the finance company and ask them if acount XYZ is now closed.

What you can not do is discuss someoneelses finance how much they owe and when they last paid.

Its actually more dodgey for the seller. If you hand a seller a cheque to pay off finance and that cheque bounces then the seller has sold the car without ensuring the finance was paid. The owness is then on the seller to proove that they did everything that could be expected to ensure the finance was paid off, they would have to find and contact you to ask you to kindly pay they could get a criminal conviction unless its evident you stole the car. So long as you do NOT give the seller several thousand pounds cash on trust they will pay the finance off, you should be OK. There is no owness on the seller to make you pay more finance than due, they would just get less cash in hand and have to try to reclaim that money. You could be tricked you into paying only a portion of the finance but then how much could you be tricked out of and Why? Whats the most you could be tricked out of £1000? and what would be the consequences for the seller. They would have committed a criminal offence, one which it would be dificult not to be cought. THe finance company would come after them before you! If the sellers were criminals out to scam you then surely they would change the plates and ID on a stolen car to one without finance to scam you for a lot more. They wouldnt want £500 in the pocket and a few thousand to a Finance company unless the Finance company was a hoax which is why I said independently check the finance company particularly the phone number.

Think its actually safer for the buyer if a car has finance on it than if its claimed not to have.

[PumpkinSteve]

Drive the Deal are just a broker. Walk into your preferred showroom with the discounted price in your hand, as well as a copy of What Car? with their target prices, and the dealer should be able to match this quote. Because surely, if one Toyota dealer can come up with the discount, no matter where in the UK, then the rest of them can!

In the real world that is how it should be, however, buying a new car is not easy!

A dealer makes a few hundred quid selling a basic Aygo, not enough to keep the doors open for a weekend, the margin is in the low %'s. Companies like drive the deal are registered fleet partners with Toyota and because they "Buy" large numbers of cars, get preferential rates from Toyota. It is not a level playing field. A fleet customer gets more discount than the dealer makes, by all means go in with the drivethedeal quote, but dont expect your dealer to match it, unless the dealer needs a few more deals to hit his targets, and uses some of his bonus to offset the loss

Kingo

I took the Drive The Deal quote into my local dealer and they could do the car for £200 more than the quote, I didn't tell them that the finance rate on DTD is over 10% though so I bought from the dealer at a finance rate of 5.9% instead. You have to Pay DTD £35 in order to print the quote but it's worth it IMO, I'm positive that the quote helped me to get a better deal as I bought a new Aygo for less than they are selling identical used models for.

Just been on drive the deal and for basic models heres what they quoted, if i went to the dealer with cash would they match the offer??

107 urban lite 3door £6648

aygo VVT-i 3door £6927

C1 VT 3door £6922

The 107 looks temping not bothered on all the fat like electric windows and not bothered in the resale value either as im not buying it to sell it.

5 doors would be nice, but dont fancy paying an extra £1000

I don't think they care whether you have cash or not these days. If you take finance the finance company pays the dealer for the car and then you pay the finance company back, either way the dealer is still getting cash for the car. Best thing to do is go and ask them...

[geezbeez]

So say if i go look at a car and really like it, and wary of leaving a deposit until i have done a hpi check, i just tell him i have a few more to look at go home do a hpi check and if all is clear hope he hasnt sold to someone else.

I think you say you really like it, but its a little expensive (at the top of your budget), you want to buy but need to go home to sort your finances and gather the money together it should be no problem but you can't commit to the price until you worked out your not leaving yourself short for that bills till the end of the month ... dont agree a price but guage what the seller will stretch to, and make some provisional enquiry as to how the seller would expect to be paid if you go ahead.

Agree to phone the next day or that evening and leave on good terms. When you get home you re check everything is in order HPI check , value for exact model, year milage etc + have a general think it over.

When you call on the phone you can make your offer and do the haggling from a more relaxed position. Dont be afraid to end the phone call without closing a deal.

If your both close say a couple of hundred quid. Leave it half an hour , you may get called back provided you left your number.

[geezbeez]

I don't think they care whether you have cash or not these days. If you take finance the finance company pays the dealer for the car and then you pay the finance company back, either way the dealer is still getting cash for the car. Best thing to do is go and ask them...

I never got good response offering cash at any dealer. I am suspecting some dealers may get bonuses for hitting targets selling finance.

Some 2nd hand car "supermarkets" companie apear to be primarily finance companies.

Might be best to go in first considering finance then change to cash at the last minute?

[daveyjp]

Our local dealer couldn't match a DTD price - best they could offer was about £150, DTD had a £700 discount. I took the DTD quote, but no joy.

"You have to Pay DTD £35 in order to print the quote"

I simply printed the screen and took it with me! Never heard of DTD doing that.

[ihpj]

"You have to Pay DTD £35 in order to print the quote"

I simply printed the screen and took it with me! Never heard of DTD doing that.

Thats what I thought. I've never heard of having to pay to print a quote...print screen works just fine :P

[PumpkinSteve]

"You have to Pay DTD £35 in order to print the quote"

I simply printed the screen and took it with me! Never heard of DTD doing that.

Thats what I thought. I've never heard of having to pay to print a quote...print screen works just fine :P

Yeah but the quote that you pay for has all the proper info listed, if you just use the print screen method the dealer might not believe you...that's the idea anyway.