Is my part exchange price acceptable? - Civinfo
Reply
 
LinkBack Thread Tools
post #1 of 81 (permalink) Old 13th February 2012, 18:18 Thread Starter
 
electric's Avatar
 
Car: 2017 SR CVT
Join Date: 19th February 2008
Location: London GB
Posts: 429
Thanks: 9
Thanked 15 Times in 14 Posts
iTrader: (0)
Is my part exchange price acceptable?

Is this part exchange price acceptable?

My local Honda dealer has offered me 7,500 for my four year old 2008 Civic EX in part exchange for a new 2012 EX GT Auto with Premium Pack costing 26,915.

My mileage is 19,000. There are no dents, bumps or scratches but all four wheels need refurfishing due to kerbing.

I am being given no discount or special deals on the new 2012 model so the price of my old car is all I have to bargain with.
electric is offline  
Sponsored Links
Advertisement
 
post #2 of 81 (permalink) Old 13th February 2012, 18:20
Supporter
 
coste1l's Avatar
 
Car: 09 Suzuki Swift Sport white
Join Date: 16th January 2010
Location: Sunderland UK ENGLAND
Posts: 20,382
Thanks: 1,830
Thanked 2,783 Times in 2,531 Posts
iTrader: (15)
probably but 19k to change? not of my money!

sent from my phone
coste1l is offline  
post #3 of 81 (permalink) Old 13th February 2012, 18:25
Supporter
 
wemorgan's Avatar
 
Join Date: 5th February 2012
Location: - GB
Posts: 585
Thanks: 27
Thanked 43 Times in 43 Posts
iTrader: (1)
Eco display
wemorgan is offline  
 
post #4 of 81 (permalink) Old 13th February 2012, 18:43
 
Fred Carter's Avatar
 
Car: 2016 1.8 SR. Sporty Blue
Join Date: 8th July 2009
Location: March. Cambs. uk ENGLAND
Posts: 111
Thanks: 20
Thanked 6 Times in 6 Posts
iTrader: (0)
part exchange

Never had a pleasant surprise when part exchanging yet !!!!!!!!!!!!
Fred Carter is offline  
post #5 of 81 (permalink) Old 13th February 2012, 20:28
Supporter
 
upopup's Avatar
 
Join Date: 17th July 2008
Location: Lincoln ENGLAND
Posts: 162
Thanks: 0
Thanked 6 Times in 6 Posts
iTrader: (0)
Got 10000 for my 08 ex last april against a new ex gt, with 4 years free service and 0% finance and 2000 off list, but that was due to them trying to shift stock, I take it yours will be the new model? so good luck.....
upopup is offline  
post #6 of 81 (permalink) Old 13th February 2012, 23:15
 
bodgerx's Avatar
 
Car: 2008 ES 1.8 i-VTEC i-Shift
Join Date: 25th December 2010
Location: UK ENGLAND
Posts: 1,261
Thanks: 22
Thanked 90 Times in 87 Posts
iTrader: (1)
Quote:
Originally Posted by electric View Post
Is this part exchange price acceptable?

My local Honda dealer has offered me 7,500 for my four year old 2008 Civic EX in part exchange for a new 2012 EX GT Auto with Premium Pack costing 26,915.

My mileage is 19,000. There are no dents, bumps or scratches but all four wheels need refurfishing due to kerbing.

I am being given no discount or special deals on the new 2012 model so the price of my old car is all I have to bargain with.
The price for you car is about right part ex. You could tidy the alloys up and sell it privately for more - this maybe the way to go if they aren't giving you any discounts on the new Civic. If you price it sensibly it will sell quickly.

I would seriously baulk at paying 27K for a new Civic though, even fully loaded. You could have an EX Accord for that money, and probably get more chance of a discount because its not a brand new model. Or a Lexus CT200h....
bodgerx is offline  
post #7 of 81 (permalink) Old 14th February 2012, 09:30
 
Join Date: 15th July 2011
Location: Manchester GB
Posts: 27
Thanks: 0
Thanked 0 Times in 0 Posts
iTrader: (0)
With 27k, you have so many options out there.. I would get something else, def not the civic.
sh007fun is offline  
post #8 of 81 (permalink) Old 14th February 2012, 09:56
 
bodgerx's Avatar
 
Car: 2008 ES 1.8 i-VTEC i-Shift
Join Date: 25th December 2010
Location: UK ENGLAND
Posts: 1,261
Thanks: 22
Thanked 90 Times in 87 Posts
iTrader: (1)
I think the new Civ is a great car (much better interior, quieter, rides better) but the EX prices are over the top. I'd go for either the 1.8 ES or 2.2 ES (19k and 21k) much more sensible price (for a Civ) and you still get all the gadgets like auto wipers, auto lights, folding mirrors etc.

On this kind of car, buying the top end model is a recipie for the worst depreciation in the range. In three years time the price diff between an es and ex could be less than 1k...
bodgerx is offline  
post #9 of 81 (permalink) Old 14th February 2012, 09:59
Arfurs right hand man
 
NH Dan's Avatar
 
Car: 1.8 Civic SE plus Auto 9th G
Join Date: 31st January 2008
Location: South London,Uk GB
Posts: 4,125
Thanks: 559
Thanked 476 Times in 380 Posts
iTrader: (0)
Garage
Quote:
Originally Posted by bodgerx View Post
I think the new Civ is a great car (much better interior, quieter, rides better) but the EX prices are over the top. I'd go for either the 1.8 ES or 2.2 ES (19k and 21k) much more sensible price (for a Civ) and you still get all the gadgets like auto wipers, auto lights, folding mirrors etc.

On this kind of car, buying the top end model is a recipie for the worst depreciation in the range. In three years time the price diff between an es and ex could be less than 1k...
As with any car, the top end will drop like a brick
NH Dan is offline  
post #10 of 81 (permalink) Old 14th February 2012, 10:19
Supporter
 
chrislich's Avatar
 
Car: 2007 CTR, Red
Join Date: 7th January 2011
Location: lichfield, staffordshire ENGLAND
Posts: 590
Thanks: 6
Thanked 46 Times in 44 Posts
iTrader: (5)
Check out glass guide. You will have to pay about 3.50 i think but its worth it. i've done it with my last few cars because its what the trade use. Shows your different prices. Just to make sure you are getting what you should.
chrislich is offline  
post #11 of 81 (permalink) Old 14th February 2012, 11:00
Syx
#MrGrumpy
 
Syx's Avatar
 
Car: 2008 2.2 CTS GT
Join Date: 22nd December 2009
Location: Luton, UK GB
Posts: 13,117
Thanks: 1,272
Thanked 2,657 Times in 2,260 Posts
iTrader: (94)
Eco display
Send a message via Skype™ to Syx
Quote:
Originally Posted by electric View Post
I am being given no discount or special deals on the new 2012 model so the price of my old car is all I have to bargain with.
If you really want the 2012 Civic then go to another dealer. For them not to budge on the sticker price is absolutely ridiculous.


Quote:
Originally Posted by chrislich View Post
Check out glass guide. You will have to pay about 3.50 i think but its worth it. i've done it with my last few cars because its what the trade use. Shows your different prices. Just to make sure you are getting what you should.
I used it last month and it was free? There's always Parker's, too.
Syx is offline  
post #12 of 81 (permalink) Old 14th February 2012, 11:41
Arfurs right hand man
 
NH Dan's Avatar
 
Car: 1.8 Civic SE plus Auto 9th G
Join Date: 31st January 2008
Location: South London,Uk GB
Posts: 4,125
Thanks: 559
Thanked 476 Times in 380 Posts
iTrader: (0)
Garage
Quote:
Originally Posted by Syx View Post
If you really want the 2012 Civic then go to another dealer. For them not to budge on the sticker price is absolutely ridiculous. Really?



I used it last month and it was free? There's always Parker's, too.
The auto express of the pricing world my friend.
NH Dan is offline  
post #13 of 81 (permalink) Old 14th February 2012, 12:05
Syx
#MrGrumpy
 
Syx's Avatar
 
Car: 2008 2.2 CTS GT
Join Date: 22nd December 2009
Location: Luton, UK GB
Posts: 13,117
Thanks: 1,272
Thanked 2,657 Times in 2,260 Posts
iTrader: (94)
Eco display
Send a message via Skype™ to Syx
Yes, really. They want your business, after all - and if you can get a discount on a new washing machine from Comet/other then I damn sure expect movement on the price of a new car. In fact, I always believed the profit margin to be wider on new cars than second hand. If that's true, why wouldn't they move on the price unless they think you're a sucker?

For trade in prices on my car; Glass's gives me "5,970.00 to 7,201.00", Parkers says "6,425".
Not exactly a problem there... Parkers has always been fine for a guide price IME.
Syx is offline  
post #14 of 81 (permalink) Old 14th February 2012, 12:10
Arfurs right hand man
 
NH Dan's Avatar
 
Car: 1.8 Civic SE plus Auto 9th G
Join Date: 31st January 2008
Location: South London,Uk GB
Posts: 4,125
Thanks: 559
Thanked 476 Times in 380 Posts
iTrader: (0)
Garage
Quote:
Originally Posted by Syx View Post
Yes, really. They want your business, after all - and if you can get a discount on a new washing machine from Comet/other then I damn sure expect movement on the price of a new car. In fact, I always believed the profit margin to be wider on new cars than second hand. If that's true, why wouldn't they move on the price unless they think you're a sucker?

For trade in prices on my car; Glass's gives me "5,970.00 to 7,201.00", Parkers says "6,425".
Not exactly a problem there... Parkers has always been fine for a guide price IME.
It's not true.
NH Dan is offline  
post #15 of 81 (permalink) Old 14th February 2012, 12:15
Syx
#MrGrumpy
 
Syx's Avatar
 
Car: 2008 2.2 CTS GT
Join Date: 22nd December 2009
Location: Luton, UK GB
Posts: 13,117
Thanks: 1,272
Thanked 2,657 Times in 2,260 Posts
iTrader: (94)
Eco display
Send a message via Skype™ to Syx
Fair enough. Then I'd expect there to be less budging on price, but still something.
Syx is offline  
post #16 of 81 (permalink) Old 14th February 2012, 12:19
 
bodgerx's Avatar
 
Car: 2008 ES 1.8 i-VTEC i-Shift
Join Date: 25th December 2010
Location: UK ENGLAND
Posts: 1,261
Thanks: 22
Thanked 90 Times in 87 Posts
iTrader: (1)
Quote:
Originally Posted by Syx View Post
Yes, really. They want your business, after all - and if you can get a discount on a new washing machine from Comet/other then I damn sure expect movement on the price of a new car. In fact, I always believed the profit margin to be wider on new cars than second hand. If that's true, why wouldn't they move on the price unless they think you're a sucker?

For trade in prices on my car; Glass's gives me "5,970.00 to 7,201.00", Parkers says "6,425".
Not exactly a problem there... Parkers has always been fine for a guide price IME.
Personally, I think nearly all of the guides are out at the moment. I wouldn't go with any of em. I paid for a full Glasses valuation last year and every dealer wouldn't give me anything close to the trade in valuation, even if the car was mint.

I've been to quite a few auctions over the last year, and the people I talk to are saying the same: High prices (through lower volumes) and lower margins are causing dealers to play safe on trade in values.

Best thing if your selling yourself is look what the other private sales are selling for. If trading in, get as many dealer quotes as you can be bothered with.
bodgerx is offline  
post #17 of 81 (permalink) Old 14th February 2012, 12:20
Supporter
 
bananas_33's Avatar
 
Car: FD2, white
Join Date: 29th October 2009
Location: newcastle, UK HK
Posts: 1,651
Thanks: 185
Thanked 254 Times in 227 Posts
iTrader: (5)
For that price I would get something else
bananas_33 is offline  
post #18 of 81 (permalink) Old 14th February 2012, 12:22
 
bodgerx's Avatar
 
Car: 2008 ES 1.8 i-VTEC i-Shift
Join Date: 25th December 2010
Location: UK ENGLAND
Posts: 1,261
Thanks: 22
Thanked 90 Times in 87 Posts
iTrader: (1)
Quote:
Originally Posted by Syx View Post
Yes, really. They want your business, after all - and if you can get a discount on a new washing machine from Comet/other then I damn sure expect movement on the price of a new car. In fact, I always believed the profit margin to be wider on new cars than second hand. If that's true, why wouldn't they move on the price unless they think you're a sucker?

For trade in prices on my car; Glass's gives me "5,970.00 to 7,201.00", Parkers says "6,425".
Not exactly a problem there... Parkers has always been fine for a guide price IME.

Bear in mind this is a new model, typically there is lower probability you are going to get much, if anything, off. Stock levels are lower, and demand higher.
bodgerx is offline  
Thanks to bodgerx from:
post #19 of 81 (permalink) Old 14th February 2012, 12:27
Mr Miyagi
 
cra1g_manutd's Avatar
 
Car: Nissan Skyline R34
Join Date: 18th September 2008
Location: Nottingham, UK ENGLAND
Posts: 2,928
Thanks: 563
Thanked 396 Times in 327 Posts
iTrader: (24)
I got more than book price when p/xing my SE last year. Was quiet happy with it tbh
cra1g_manutd is offline  
post #20 of 81 (permalink) Old 14th February 2012, 12:28
Syx
#MrGrumpy
 
Syx's Avatar
 
Car: 2008 2.2 CTS GT
Join Date: 22nd December 2009
Location: Luton, UK GB
Posts: 13,117
Thanks: 1,272
Thanked 2,657 Times in 2,260 Posts
iTrader: (94)
Eco display
Send a message via Skype™ to Syx
Quote:
Originally Posted by bodgerx View Post
Bear in mind this is a new model, typically there is lower probability you are going to get much, if anything, off.
My local dealership were at least offering 0% on the new model when I test drove it last week... but the OP is getting nothing at all which is why I, if I were in their place, would walk away.

Quote:
Originally Posted by bodgerx View Post
Best thing if your selling yourself is look what the other private sales are selling for. If trading in, get as many dealer quotes as you can be bothered with.
I wasn't looking at the values themselves, more at the difference between the two guides.
Syx is offline  
Reply

  Civinfo > 9th Generation Euro Honda Civic (2012 - 2016) > General Discussion (9G)

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Civinfo forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
Your User Name is the name that appears by all your posts on the forum, and so should not be your email address.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Similar Threads
Thread Thread Starter Forum Replies Last Post
Whos had the worst (or best) part exchange offer for their Type-R? chelle Type-R 29 24th July 2008 23:12
Price Part ex price or private sale price guide please Anastie Buying, Dealers and Servicing 4 3rd May 2008 17:19
Part Exchange Probs? nic283 Any non Civic chat here please! 3 7th September 2007 17:48

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome