Resale Value What is your car worth? - Page 6

illegalhunter · 1st August 2008, 18:15

When i got mine they delayed it twice , so i got them to fit my 8 disc ,free ambient lights , free badges & stickers . Most impotant GT with Rages £19150. Now when it comes to trading in we will all get raped because of the CO2 mince. Al Gore is such an @sshole

Lord of the Badgers · 15th August 2008, 16:37

Quote:

Originally Posted by dave525

I bought my Civic at the above dealer in Weston and got a very good deal, but did notice that a lot of their cars were much more expensive than the advertised prices on the web for Ryland Honda

Yes I saw this too, and told Howards this, my deal was OK, perhaps not hugely stellar (my own naivety perhaps plays a part here, but it was way better than the deal i had on the previous car, up at congresbury) but they did chuck in some extras (money off the rear sensors and the usual things like tank of diesel, tax, etc). In the end, I couldn't face traipsing over to Rylands, even though it's not far away. The deal probably equalled out in a way.

Btw Dave, I'm in Clevedon, but my family is Portishead thru & thru

FergusTheDog · 14th September 2008, 07:38

The local dealer in Salisbury is having an "event" on new cars, some good discounts to be had but the trade in of my 2007 diesel ES (NHB) is down at sub 10k. Apparently most Civic dropped £650 in Glass's last month. That was pretty average across the piece before anyone goes on an anti-Honda rant.

Brodick · 14th September 2008, 12:13

The event is nationwide it Honda's sale so all dealers are doing it

NH Dan · 14th September 2008, 12:30

Quote:

Originally Posted by Brodick

The event is nationwide it Honda's sale so all dealers are doing it

Its an offer on certain cars, to save certain amounts and has been offered to the honda network. Some dealers may not be participating in it.

FergusTheDog · 15th September 2008, 21:26

Can't remember all the offers but 1.8ES in NHB for £13995 OTR was one, I think the diesel was £14995.

Vet_2010 · 18th September 2008, 20:36

What a horrible link!!

(a useful one, just not very nice)

Mine is coming in at just £12k!

Paul-civic · 25th September 2008, 22:21

I sold mine this week.

2007, sport 2.2

I tried 7-8 stealers, as dis Vw who were working on my behalf the worse was £9000 and the best £1000, most Honda dealers offered £9550.

You all know how much the screen price is, glass guide is out of the window as any dealer.

Be warned!! your car is only worth what someone is willing to pay, and at the moment people don't have the money.

Try it phone your dealer and pretend to want to sell. you will be angry....

Paul-civic · 25th September 2008, 22:23

mini's cropped £699 as well its not just Honda

NH Dan · 25th September 2008, 22:34

Quote:

Originally Posted by Paul-civic

mini's cropped £699 as well its not just Honda

Mate, try looking up a 740i LT BMW. List price nigh on £70k. Look up an 08 plate, yup reg'd between march and august THIS year. GG trade value??? a mere £32,300. Yup , a mighty BMW loosing over 1/2 its value in 6 months.

Currently dropping at £5,450 A MONTH.

alanwalne · 2nd October 2008, 13:12

Quote:

Originally Posted by NH Dan

Mate, try looking up a 740i LT BMW. List price nigh on £70k. Look up an 08 plate, yup reg'd between march and august THIS year. GG trade value??? a mere £32,300. Yup , a mighty BMW loosing over 1/2 its value in 6 months.

Currently dropping at £5,450 A MONTH.

Dan would you even dare to look what a Legend is worth??

shurm · 18th October 2008, 22:13

A packet of biscuits !!!

Russell 10 · 19th October 2008, 08:34

I had a look at the new Jazz yesterday, and didn't like it. My wife had a Jazz 1.4 sport prior to the Civic. The new Jazz interior just lacks the quality and finish of the old one. As a matter of interest I asked the salesman for a PX price on my Civic against a 1.4ex Jazz.
My Civic is 2 years old 1.8 SE with 17'' sport alloys, front fogs, immaculate NHB. With 11,000 miles on the clock. He offered me 7.5K. Needless to say I will not be buying another new car yet!

NH Dan · 20th October 2008, 15:26

Quote:

Originally Posted by alanwalne

Dan would you even dare to look what a Legend is worth??

no need to look as i'm well aware. believe it or not, not as bad as you'd initailly think.

shurm · 20th October 2008, 20:29

Well after reading right the way through this thread I can say I believe NH Dan when he says he only made £180 on a car and that will be before all the other factors of running the garage are taken off. Dealers have back end bonuses especially on New cars and if they hit their targets they might receive say £300-£500 back end money, some dealers literally have to earn this money to survive. Dealers with larger Used car forcourts can usually survive through these by buying cars at the right price so they can sell them at competitive prices later but like everything its a fine balance, you have to give enough to get the deal and the car but can't pay too much otherwise the p/x could be on the forcourt for 60+ days costing the dealer money. A £1500 mark up on a Used car is not unreasonable, a service, valet, refurb costs, warranty (which cost dealers 250-400 for 12 months), vat element all have to come out of this and thats before any discount or over allowance on a p/x. A Used car will usually always make more than a New car and some dealers really just sell New to keep the franchise and manufacturer happy whilst trying to retain profit in Used cars, without the franchise they would just be like any other car supermarket or Used car outlet, the franchise does give the dealer credibility and in turn the customer more peace of mind.

CCC · 27th October 2008, 10:32

You always get screwed when when part exchange your car, the dealer must also make a profit! I paid £20k for my car with the extras and now have 13,000 miles on it, been quoted £14,000 on the guide. I suppose that a private sale I could get £2000 more. You are better off keeping the car will its 5 years old and then sell it for around £8-9000, get your moneys worth out of it!

NathanB · 28th October 2008, 13:23

Just been quoted £8.5K to part ex my 2007 Type R with 52,000 miles. £11K drop in 18 months - ouch!

Looks like I will be keeping it for 4 years until its worhtless then trading it in for a pittance!!

morten · 11th November 2008, 11:45

I recently checked trade in prices here in Norway for my 1.8 sport 2007 model (because I'm in need of more boot space). It has 12.400 miles on the clock. New, it costed NOK 300.000 (including extras like trailer hitch, roof rack, winter wheels etc.). The car alone costed about NOK 265.000.

Trade in price at the same dealer as I bought the Civ new - against a brand new Skoda Octavia - was NOK 180.000...

Looks like a better option is to buy a roof box... Or perhaps a trailer!

benjamino · Today, 09:03

I am considering changing my Jazz to a Civic - I bought the Jazz in January this year for £6995 (06 plate, 12k on the clock).

My local Honda dealer offered me £5600 for it against a Civic 2.2 ES 57 plate (2008 car) with 8k on the clock priced at £13,500. That was after some haggling etc. However, I think the Civic is overpriced. Ryland honda have similar cars for £9,995 (although they are 2007 cars). If I can convince them to give me £5600 for the Jazz against one of those there will be a deal to be had - if not I think I'll get more life out of Jazz and see how things look in 6months or a year.

Out of interest - what do people think about that? Presumably the Jazz will be probably worth another £1000/£1500(maybe even 2k?) less - but will a 1 year old Civic (which might even the be the facelift model by then) be going for £8,995 by then or will they still be hovering around the same price they are going for now? Obviously I could get a 2 year old Civic if I hang on to my Jazz for another year and that would be more proportional but I am thinking I'd like to get a Civic to keep for 5+ years (maybe even 10) so 1 year old would be best. I'm just trying to establish if I should cut my losses on the Jazz and get a Civic now or get more life out of Jazz and spend a bit more and get a Civic later.

Also - I gather the niggly problems are only found on some 2006 cars - will any 2007 car be after these are fixed? Or only 57 plates? Thanks!

jonspurs · Today, 10:32

There's a few threads that say the 2007 models are built better.
Not sure how long you should wait...because, yes, prices will drop (few months ago, a Civic Sport went for around £11-12k, now you can get an EX for less than that)...but then your Jazz will depreciate as well...not sure by how much though.
The facelift civic will be out soon and affect the price of the current shape civic...so I'd probably wait a bit longer...up to you though...or what about selling privately, you might get a better price?

25th September 2008, 22:21	#108 (permalink)
Paul-civic Valve Cap Join Date: 29th July 2008 Location: Buckingham Posts: 29 Thanks: 4 Thanked 1 Time in 1 Post iTrader: (0)	car is worth... I sold mine this week. 2007, sport 2.2 I tried 7-8 stealers, as dis Vw who were working on my behalf the worse was £9000 and the best £1000, most Honda dealers offered £9550. You all know how much the screen price is, glass guide is out of the window as any dealer. Be warned!! your car is only worth what someone is willing to pay, and at the moment people don't have the money. Try it phone your dealer and pretend to want to sell. you will be angry....

25th September 2008, 22:23	#109 (permalink)
Paul-civic Valve Cap Join Date: 29th July 2008 Location: Buckingham Posts: 29 Thanks: 4 Thanked 1 Time in 1 Post iTrader: (0)	all cars dropped mini's cropped £699 as well its not just Honda

20th October 2008, 20:29	#115 (permalink)
shurm Valve Cap Join Date: 10th October 2008 Location: lancs Posts: 32 Thanks: 0 Thanked 3 Times in 2 Posts iTrader: (0)	Well after reading right the way through this thread I can say I believe NH Dan when he says he only made £180 on a car and that will be before all the other factors of running the garage are taken off. Dealers have back end bonuses especially on New cars and if they hit their targets they might receive say £300-£500 back end money, some dealers literally have to earn this money to survive. Dealers with larger Used car forcourts can usually survive through these by buying cars at the right price so they can sell them at competitive prices later but like everything its a fine balance, you have to give enough to get the deal and the car but can't pay too much otherwise the p/x could be on the forcourt for 60+ days costing the dealer money. A £1500 mark up on a Used car is not unreasonable, a service, valet, refurb costs, warranty (which cost dealers 250-400 for 12 months), vat element all have to come out of this and thats before any discount or over allowance on a p/x. A Used car will usually always make more than a New car and some dealers really just sell New to keep the franchise and manufacturer happy whilst trying to retain profit in Used cars, without the franchise they would just be like any other car supermarket or Used car outlet, the franchise does give the dealer credibility and in turn the customer more peace of mind. Last edited by shurm; 20th October 2008 at 20:31.

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1st August 2008, 18:15	#101 (permalink)
illegalhunter RELOADING FOR ELK Civinfo guru Join Date: 10th May 2007 Location: FILLING THE HILLS WITH LEAD Posts: 3,235 Thanks: 7 Thanked 39 Times in 38 Posts iTrader: (0)	When i got mine they delayed it twice , so i got them to fit my 8 disc ,free ambient lights , free badges & stickers . Most impotant GT with Rages £19150. Now when it comes to trading in we will all get raped because of the CO2 mince. Al Gore is such an @sshole

14th September 2008, 07:38	#103 (permalink)
FergusTheDog Wheelnut Join Date: 25th May 2007 Location: Wiltshire Posts: 95 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	The local dealer in Salisbury is having an "event" on new cars, some good discounts to be had but the trade in of my 2007 diesel ES (NHB) is down at sub 10k. Apparently most Civic dropped £650 in Glass's last month. That was pretty average across the piece before anyone goes on an anti-Honda rant.

14th September 2008, 12:13	#104 (permalink)
Brodick Perfect Guy! Rocketship door handle Join Date: 2nd December 2006 Location: Central Scotland Posts: 1,893 Thanks: 2 Thanked 12 Times in 11 Posts iTrader: (0)	The event is nationwide it Honda's sale so all dealers are doing it

15th September 2008, 21:26	#106 (permalink)
FergusTheDog Wheelnut Join Date: 25th May 2007 Location: Wiltshire Posts: 95 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	Can't remember all the offers but 1.8ES in NHB for £13995 OTR was one, I think the diesel was £14995.

18th September 2008, 20:36	#107 (permalink)
Vet_2010 Supporter Triangular Exhaust Join Date: 19th December 2007 Location: Northern Ireland / Glasgow Posts: 406 Thanks: 18 Thanked 9 Times in 9 Posts iTrader: (0)	What a horrible link!! (a useful one, just not very nice) Mine is coming in at just £12k!

18th October 2008, 22:13	#112 (permalink)
shurm Valve Cap Join Date: 10th October 2008 Location: lancs Posts: 32 Thanks: 0 Thanked 3 Times in 2 Posts iTrader: (0)	A packet of biscuits !!!

19th October 2008, 08:34	#113 (permalink)
Russell 10 Wheelnut Join Date: 24th December 2006 Posts: 95 Thanks: 0 Thanked 1 Time in 1 Post iTrader: (0)	I had a look at the new Jazz yesterday, and didn't like it. My wife had a Jazz 1.4 sport prior to the Civic. The new Jazz interior just lacks the quality and finish of the old one. As a matter of interest I asked the salesman for a PX price on my Civic against a 1.4ex Jazz. My Civic is 2 years old 1.8 SE with 17'' sport alloys, front fogs, immaculate NHB. With 11,000 miles on the clock. He offered me 7.5K. Needless to say I will not be buying another new car yet!

27th October 2008, 10:32	#116 (permalink)
CCC Wheelnut Join Date: 10th October 2008 Location: London, UK Posts: 65 Thanks: 0 Thanked 2 Times in 2 Posts iTrader: (0)	You always get screwed when when part exchange your car, the dealer must also make a profit! I paid £20k for my car with the extras and now have 13,000 miles on it, been quoted £14,000 on the guide. I suppose that a private sale I could get £2000 more. You are better off keeping the car will its 5 years old and then sell it for around £8-9000, get your moneys worth out of it!

28th October 2008, 13:23	#117 (permalink)
NathanB Valve Cap Join Date: 11th March 2007 Location: Coventry Posts: 45 Thanks: 0 Thanked 0 Times in 0 Posts iTrader: (0)	Just been quoted £8.5K to part ex my 2007 Type R with 52,000 miles. £11K drop in 18 months - ouch! Looks like I will be keeping it for 4 years until its worhtless then trading it in for a pittance!!

11th November 2008, 11:45	#118 (permalink)
morten Supporter Wheelnut Join Date: 9th March 2008 Location: Norway Posts: 80 Thanks: 10 Thanked 3 Times in 3 Posts iTrader: (0)	I recently checked trade in prices here in Norway for my 1.8 sport 2007 model (because I'm in need of more boot space). It has 12.400 miles on the clock. New, it costed NOK 300.000 (including extras like trailer hitch, roof rack, winter wheels etc.). The car alone costed about NOK 265.000. Trade in price at the same dealer as I bought the Civ new - against a brand new Skoda Octavia - was NOK 180.000... Looks like a better option is to buy a roof box... Or perhaps a trailer!

Today, 09:03	#119 (permalink)
benjamino Valve Cap Join Date: 29th November 2008 Location: Exeter Posts: 2 Thanks: 1 Thanked 0 Times in 0 Posts iTrader: (0)	I am considering changing my Jazz to a Civic - I bought the Jazz in January this year for £6995 (06 plate, 12k on the clock). My local Honda dealer offered me £5600 for it against a Civic 2.2 ES 57 plate (2008 car) with 8k on the clock priced at £13,500. That was after some haggling etc. However, I think the Civic is overpriced. Ryland honda have similar cars for £9,995 (although they are 2007 cars). If I can convince them to give me £5600 for the Jazz against one of those there will be a deal to be had - if not I think I'll get more life out of Jazz and see how things look in 6months or a year. Out of interest - what do people think about that? Presumably the Jazz will be probably worth another £1000/£1500(maybe even 2k?) less - but will a 1 year old Civic (which might even the be the facelift model by then) be going for £8,995 by then or will they still be hovering around the same price they are going for now? Obviously I could get a 2 year old Civic if I hang on to my Jazz for another year and that would be more proportional but I am thinking I'd like to get a Civic to keep for 5+ years (maybe even 10) so 1 year old would be best. I'm just trying to establish if I should cut my losses on the Jazz and get a Civic now or get more life out of Jazz and spend a bit more and get a Civic later. Also - I gather the niggly problems are only found on some 2006 cars - will any 2007 car be after these are fixed? Or only 57 plates? Thanks!

Today, 10:32	#120 (permalink)
jonspurs Wheelnut Join Date: 28th April 2007 Posts: 83 Thanks: 7 Thanked 5 Times in 5 Posts iTrader: (0)	There's a few threads that say the 2007 models are built better. Not sure how long you should wait...because, yes, prices will drop (few months ago, a Civic Sport went for around £11-12k, now you can get an EX for less than that)...but then your Jazz will depreciate as well...not sure by how much though. The facelift civic will be out soon and affect the price of the current shape civic...so I'd probably wait a bit longer...up to you though...or what about selling privately, you might get a better price?