A bit miffed
As some of you know I traded the ZS in for a bmw now I got 800 for the old problem child which I thought was ok for a dealer price. That being said my bmw is kicking up crank sensor issues already but the worst thing out of all this is the dealer is asking 1695 for the old zs how cheeky is that!!! More than double what he paid me after telling me there was only a small profit in the car for him :wall::wall::wall:
One is not amused:chair: |
He's a dealer, what did you expect tbh.
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And he will get it . They always do:wall:
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Ce la vie!
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To be fair the dealer does have overheads and once all these have been covered his actual profit isn't that much.
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Someone will trade in a car they'd struggle to get £600 for private and the dealer will offer them £700 against your zs. That's how they make money and are able to sell at OTT prices.
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My only comfort is I know if he sells it the warranty work will hurt mwahahaha
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so basically your saying you traded it in because it's a bit of a dog that's gonna need a fair bit of work doing to it?
from the traders point of view, he likely offered you more than he really thought your zs was worth just to move on the bm and keep stock rolling, his mark up is about right, after all you've already said it's going to need work and he's already assumed the same and took it into account when he valued it. profit is not a dirty word, let's face it, if you thought you could have got 1600 for your car, you would have done it? |
£900 screen profit's fair. The ST3 Estate I traded in recently for £17,500 at a local main dealer (having paid £17,200 from a different main dealer), was up for and sold quickly at £19K.
The guy's there to make a living and trading at the lower end with endless come backs from punters with - the "whatever" isn't working blah - blah will be a right pain in the ass. |
It's a shame the car was in good nic until it was hit its was the mechanical nightmares I gave up with :(
Still it will need fixing once he sells it |
For that profit he's got to provide a warranty, pay staff, fund his own lifestyle, pay tax (and probably VAT on the whole sale price @ 20% as he won't be able to claim it back from what he paid you), fix any issues the car was sold with and fuel for test drives etc. Not to mention someone knocking him down.
He's right, when you do the maths there's very little margin. :) |
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