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Bargain 10% off the resale car price...reasonable?


Dearjoshua
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hi, is it reasonable to bargain 10% off the quoted price for resale car?? [thumbsup]

 

depends on if its from dealer or direct owner. Have to calculate the overall paper value and condition of the car. Dont really have a hard and fast rule.

 

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how abt 2K above paper value?? reasonable?? [flowerface]

 

depends on if its from dealer or direct owner. Have to calculate the overall paper value and condition of the car. Dont really have a hard and fast rule.

 

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Neutral Newbie

selling your car or buying a car different story lah. selling they will quote you 7k above paper value because car body also worth some money. about 5 - 7 k depends on what brand & model.

but buying a car you will never get such good offer unless you got good lo ban. normally dealer mark up at lease 10 k to cover all the expenses. good money right.

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selling your car or buying a car different story lah. selling they will quote you 7k above paper value because car body also worth some money. about 5 - 7 k depends on what brand & model.

but buying a car you will never get such good offer unless you got good lo ban. normally dealer mark up at lease 10 k to cover all the expenses. good money right.

 

dat i know la but giving ts an idea how much body is worth cos if he gong gong go quote 2k above paper for a newer jap car, tink sure kana bashed up.

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Neutral Newbie

hi, is it reasonable to bargain 10% off the quoted price for resale car?? [thumbsup]

 

 

If buying from a dealer, yup, reasonable. At the end of it, it's still your bargaining skills coming into play.

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(edited)

when i was looking for a used car not long ago... i went to several car dealers n all of them never give more than 1k discount...

 

usually they list price at say $50,800. Then they will offer at $50k (cut $800 only)..... although i told them i will sign immediately if they can lower price more but they told me max discount is only $800 off......

 

then 1 to 2 weeks later, i saw on sgcarmart that the car is sold..........

 

unless the dealer is very desperate to sell the car (maybe unpopular car).... otherwise they will not give too much discount cos they noe they will be able to sell off eventually in a short time.......

 

the cars i looked at were subaru ts, integras n accords...... all discounts offered din exceed 1k....

 

10% discount on a 50k car is 5k oredi... i realy doubt the dealer give u 5k discount........ maybe the dealers i went to are all very firm on their pricing.....

Edited by Sunnycrowe
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hi, is it reasonable to bargain 10% off the quoted price for resale car?? [thumbsup]

 

 

very reasonable if from dealers.

 

those fellas take paper value and add a few grand when buying in but add body value, add mods, add this and that when selling. hoho

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Neutral Newbie

i think like what many bros here said.. really depends on age of the car.. if car is more than 3 yrs, high chance price quoted is for export that only gives a few k for body... and for such cases, price difficult to bargain becos the export prices quite fixed... if less than 3 yes and for local resale, then i think the seller (either dealers or owners) can shout any price they want.. but ultimatel will anyone buy at that price nobody knows...

 

i suggest to have the car details, the call some dealers to quote as though u are selling ur car (but got to stress u not buying any car from them) and give urself $500 to 1k buffer... tat will be dealer price... then factor in the dealer's margin (now i think at most 3-5k, again depends on model) and offer a price that u are comfortable. can also check selling price and that will serve as ur ultimate upper limit...

 

from what i hrd from a dealer just now, used car still selling well but prices not able to push up even though coe has gone up..

 

guess u just have to offer a price u feel comfortable based on dealer price and asking price and work out a deal. everyone wants to make a living or save some money in this economic situation... so just work out a fair deal for all ba.

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