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Discussion Starter · #1 ·
Apparently the above 2 guides are what the car industry uses to set prices for retail and trade ins.

Does anyone have access to the "books" ( you would need to know a used car dealer )?

Any help appreciated.
 

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I use glasses and yes i get books... to be honest though the figures ive found are very close to wisebuyers guide online. Cap use to be the most accurate but now the prices ard mega inflated
 

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Apparently the above 2 guides are what the car industry uses to set prices for retail and trade ins.

Does anyone have access to the "books" ( you would need to know a used car dealer )?

Any help appreciated.
If you want a "book" price I may be able to get one for you.
 

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They arent wide apart! Im a motor trader and use glasses guide and if im out without s book I use wisebuyers as a guide. What you need to appreciate is these boom figures are just a guide, every car is different... I can give you a valuation but it will only be based on mileage etc condition is open to individual interpretation
 

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Thanks John, would appreciate that. Wisebuyers and glass's are so wide apart!!!
I have to say I'm not swayed either way by guides when buying, if that model is rare for its type and it's clean, in good nick with a service history would a guide stating its only worth £4500 put you off?
 

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Discussion Starter · #14 ·
I have to say I'm not swayed either way by guides when buying, if that model is rare for its type and it's clean, in good nick with a service history would a guide stating its only worth £4500 put you off?
No it wouldn't put me off, but I feel that its a buyers market, especially for a convertible, in the winter and 5 weeks before xmas. I am quite sure that the trader didn't give more than £3/£3.5k part x for it. As far as I see making £1.5k/£2k on 1 car is a bit cheeky.

Anyway, I am going there with £4300 cash on Saturday, he either takes it or leaves it!!!
 

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There is a margin in the car but warranty, servicing, fresh mot etc do have to come out of it bud.. the one yhing i will say is cars rarely sell for trade these days they make much more tbh.. there should be a deal to be had though, bid him in the ****** and work upwards from there!
 

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Discussion Starter · #18 ·
There is a margin in the car but warranty, servicing, fresh mot etc do have to come out of it bud.. the one yhing i will say is cars rarely sell for trade these days they make much more tbh.. there should be a deal to be had though, bid him in the ****** and work upwards from there!
I honestly thought that used car dealers make £300/£400 on a £4/5k car.

An MOT & a service is £100 tops surely. He prob gave £3k for it and has it up for £5k!!!!
 

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It is exceptionally rare to have a car with zero faults mate... servicing/prep can be allot of money, you have to remember paintwork damage has to be done too tax and business rates have to be paid! If the gross is 1500 quid the net is most likely going to be maybe 800quid. However if you rock up offer cash and are prepared to give up things like warranty etc you will buy the car cheap.
 

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I honestly thought that used car dealers make £300/£400 on a £4/5k car.

An MOT & a service is £100 tops surely. He prob gave £3k for it and has it up for £5k!!!!
It's important to understand that there are also "hidden" costs that are factored into every car sold, admin, wages, rent/rates, advertising, merchandising, utilities etc?...all adds up, the profit margins are knowhere near where Joe Public think they are.
 
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