Part ex Used values?

mac · 16th April 2008, 21:03

I'd been led to believe that used values were good for the Civic and that the market was keen to buy them. I'd thought that my 1.8EX with only 5k on the clock at 18 months old would get something close to £14k, however it's been valued as trade in by one dealer as £11,700! I'm trying to get some other people to value it too. Anyone else know what similar spec/age/mileage cars have sold for?

Robbieee · 16th April 2008, 21:32

Have a look on autotrader. Thats what i always do. See what the market is like, what its willing to pay etc.

Sounds like the dealer is chancing their luck. Go private!

Courant · 16th April 2008, 21:38

The price you will be offered trade is going to be significantly less than the price that a) the garage themselves will actually sell the for (about 20% more) and b) what you'll get selling private. Civic s/h prices genuinely are quite keen, take a look at, say, a Focus for some real depreciation nastiness!

Also look at Parker's used car price guide, they're generally pretty accurate.

Dan

allan40alt · 16th April 2008, 22:02

The trouble is the dealer wants to make a profit when he sells your car and a profit when he sells you your new car.

I also had a px price for my EX i-Shift with extras (incl Leather and reverse sensors and service package). 18 months old and 5k miles. I was offered £12K.

I'll wait a couple more years and then probably go Hybrid.

lippy · 16th April 2008, 22:25

I have part ex'd my Sport 1.8 and got only £11k for it, but also got £1220 off the list price for a new EX.

gray52 · 16th April 2008, 23:57

if your car is in top condition sell it private, as i made an extra 3k by selling my old car rather than p/x it for my civic, so i was well pleased. i had to sell it 5 months early and wait for the civic, and i think this is where most dealers get you. you dont want to wait to sell it and would rather drive in your old car and out with the new.

i bought a £350 banger with full mot and some tax for the 5months. girlfriend then passed here test and has had it nearly 2 years, and went through the last mot no problem. but its going next month for a much newer car. its done its job + more

Palindrome · 17th April 2008, 00:32

Quote:

Originally Posted by allan40alt

The trouble is the dealer wants to make a profit when he sells your car and a profit when he sells you your new car.

I also had a px price for my EX i-Shift with extras (incl Leather and reverse sensors and service package). 18 months old and 5k miles. I was offered £12K.

I'll wait a couple more years and then probably go Hybrid.

Was thinking the same mate if the discount is still available on VED etc..

Kremmen · 17th April 2008, 06:58

Have a look at your original invoice/receipt and immediately remove the VAT and then see what remains.

I think you immediately lose about £2.5K just by driving off the forecourt?

p/x a car within 3 years and you will take a serious hit. Plus most dealers will never offer what it's worth, Glass's guide seems to be an upper price for them if they really have to and they start by knocking off £1k or £2k to see if you will bite.

Have a look at what Parkers reckon and even subtract £500 to £1k off that figure.

mattfog · 17th April 2008, 07:34

I part Ex'd my 6 month old EX (7000 miles) when I bought the CTR from my local dealer. I got £12,500 for it. I believe they sold it for £14,000 odd. As Kremmen says, first subtract the VAT and then work backwards from there!

gray52 · 17th April 2008, 12:28

If You Buy New You Must Be Prepared To Take A Big It If Selling It Before 3 Years, Or Get Your Money From It By Keeping It For 5-7 Years Or Longer. Im Going To Keep Mine For As Long As Possible And I To Will Be Looking At The Hybrid/cheap Tax Route When The Time Is Right.

16th April 2008, 21:03	#1 (permalink)
mac Valve Cap Join Date: 25th September 2006 Posts: 47 Thanks: 0 Thanked 0 Times in 0 Posts	Used values? I'd been led to believe that used values were good for the Civic and that the market was keen to buy them. I'd thought that my 1.8EX with only 5k on the clock at 18 months old would get something close to £14k, however it's been valued as trade in by one dealer as £11,700! I'm trying to get some other people to value it too. Anyone else know what similar spec/age/mileage cars have sold for?

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads for: Used values?
Thread	Thread Starter	Forum	Replies	Last Post
Used Car Values	LNT	Any non Civic chat here please!	3	12th November 2007 09:31
Used Residual Values...	Tydo	Buying, Dealers and Servicing	12	7th November 2006 23:18


This thread is about: Used values?, it's in Buying, Dealers and Servicing at the Honda Civic forum Civinfo; I'd been led to believe that used values were good for the Civic and that the market was keen to buy them. I'd thought that ...

16th April 2008, 21:32	#2 (permalink)
Robbieee The Talented Mr. Robbieee Magic Rear Seat Join Date: 27th September 2007 Location: Glasvegas Posts: 577 Thanks: 10 Thanked 4 Times in 4 Posts	Have a look on autotrader. Thats what i always do. See what the market is like, what its willing to pay etc. Sounds like the dealer is chancing their luck. Go private!

16th April 2008, 21:38	#3 (permalink)
Courant Wheelnut Join Date: 27th January 2008 Location: Cambridge, UK Posts: 90 Thanks: 0 Thanked 0 Times in 0 Posts	The price you will be offered trade is going to be significantly less than the price that a) the garage themselves will actually sell the for (about 20% more) and b) what you'll get selling private. Civic s/h prices genuinely are quite keen, take a look at, say, a Focus for some real depreciation nastiness! Also look at Parker's used car price guide, they're generally pretty accurate. Dan

16th April 2008, 22:02	#4 (permalink)
allan40alt Supporter Civinfo guru Join Date: 6th August 2006 Location: Rugby, Warwickshire. Posts: 2,106 Thanks: 6 Thanked 16 Times in 15 Posts	The trouble is the dealer wants to make a profit when he sells your car and a profit when he sells you your new car. I also had a px price for my EX i-Shift with extras (incl Leather and reverse sensors and service package). 18 months old and 5k miles. I was offered £12K. I'll wait a couple more years and then probably go Hybrid.

16th April 2008, 22:25	#5 (permalink)
lippy Bournemouth Belle Triangular Exhaust Join Date: 10th January 2007 Location: Bournemouth Posts: 384 Thanks: 1 Thanked 7 Times in 7 Posts	I have part ex'd my Sport 1.8 and got only £11k for it, but also got £1220 off the list price for a new EX.

16th April 2008, 23:57	#6 (permalink)
gray52 Supporter Magic Rear Seat Join Date: 23rd November 2006 Location: peterborough Posts: 858 Thanks: 0 Thanked 0 Times in 0 Posts	if your car is in top condition sell it private, as i made an extra 3k by selling my old car rather than p/x it for my civic, so i was well pleased. i had to sell it 5 months early and wait for the civic, and i think this is where most dealers get you. you dont want to wait to sell it and would rather drive in your old car and out with the new. i bought a £350 banger with full mot and some tax for the 5months. girlfriend then passed here test and has had it nearly 2 years, and went through the last mot no problem. but its going next month for a much newer car. its done its job + more

17th April 2008, 06:58	#8 (permalink)
Kremmen Krem de la Krem Civinfo guru Join Date: 7th January 2007 Location: West London Posts: 2,366 Thanks: 1 Thanked 6 Times in 6 Posts	Have a look at your original invoice/receipt and immediately remove the VAT and then see what remains. I think you immediately lose about £2.5K just by driving off the forecourt? p/x a car within 3 years and you will take a serious hit. Plus most dealers will never offer what it's worth, Glass's guide seems to be an upper price for them if they really have to and they start by knocking off £1k or £2k to see if you will bite. Have a look at what Parkers reckon and even subtract £500 to £1k off that figure.

17th April 2008, 07:34	#9 (permalink)
mattfog Supporter Triangular Exhaust Join Date: 11th November 2006 Location: Mid Glamorgan Posts: 265 Thanks: 0 Thanked 0 Times in 0 Posts	I part Ex'd my 6 month old EX (7000 miles) when I bought the CTR from my local dealer. I got £12,500 for it. I believe they sold it for £14,000 odd. As Kremmen says, first subtract the VAT and then work backwards from there!

17th April 2008, 12:28	#10 (permalink)
gray52 Supporter Magic Rear Seat Join Date: 23rd November 2006 Location: peterborough Posts: 858 Thanks: 0 Thanked 0 Times in 0 Posts	If You Buy New You Must Be Prepared To Take A Big It If Selling It Before 3 Years, Or Get Your Money From It By Keeping It For 5-7 Years Or Longer. Im Going To Keep Mine For As Long As Possible And I To Will Be Looking At The Hybrid/cheap Tax Route When The Time Is Right.