Member Since: 27 Nov 2009
Location: Vale of Glamorgan
Posts: 112
Dodgy inflated valuation?
Just been updated on status of my ordered HSE- bit of a delay due to mixup in spec- can live with that. Understood could be a depreciation in trade in value for my D3 HSE, but 6 weeks down the line my car is now worth £1500 less... The dealer has said they would guarantee this valuation for when I pick up my new car, but the cynic in me wonders if the deal was literally too good to be true when the order was placed. I suppose I'm not used to buying a car from factory order with a waiting list.
Any thoughts?
9th May 2011 3:31 pm
DigitalJunior
Member Since: 22 Nov 2008
Location: Cumbria
Posts: 4401
Yes tell them you want the deal that was agreed and stop trying it on SOLD - 23my Range Rover Sport D300 Dynamic SE
9th May 2011 3:52 pm
adam
Member Since: 20 Sep 2005
Location: Home and Happy
Posts: 6917
Over a year ago now but I was given a trade in price in Jan on my D3 for collection March - based on a assumed mileage - I then had to put a lot of miles (about 7K in 2 months due to work) - spoke with dealer and they where OK as long as I didnt go over a specific mileage - which I didnt
Worth a challenge me thinks
9th May 2011 3:53 pm
DSL Keeper of the wheelie bin
Member Since: 11 May 2006
Location: Off again! :-)
Posts: 73085
From what I've heard D3 values have been "softning" by that sort of amount. Crazy values couldn't remain with snow a distant memory and fuel prices at these levels.
9th May 2011 3:54 pm
hughes_jh
Member Since: 09 Jan 2011
Location: Warwickshire
Posts: 294
Just remind them that if you pull out of the deal it will cost them £1500 to find a new buyer.
Don't budge, you've already made the deal
9th May 2011 4:15 pm
MacLeod 313
Member Since: 18 Apr 2008
Location: away
Posts: 10723
When you ordered your new motor, and agreed a PX price, all that will be on the Invoice. That will show Purchase Price - Px Valuation = Balance to pay (or finance).
Tell them to sling their hook, its a legally binding contract, unless they take your D3 now and supply you a courtsey car in the interim.
9th May 2011 4:24 pm
Shiny Silver
Member Since: 27 Feb 2007
Location: Cambs
Posts: 170
used values
Checked my wagon on WBAC.com just after Xmas, £22500.
Talked to dealer last week cost to change to new D4 HSE.... £34000!
Checked again on WBAC.com last Friday...... £16100.
Guess what? ... we is keeping it!!!!
9th May 2011 6:59 pm
wiggs
Member Since: 03 Sep 2006
Location: Manchester
Posts: 14372
When I went to trade my G4 in on a D4 I was given 2 prices ... One to buy a car there and then and one to buy a new car with a 3 month build date .
Ordered a new one and they signed to say they would take my car when new one is built ( even if it's delayed )
So basically I know what I'm getting ... I can bung as many miles as I want on the car .. They will still pay the agreed price G4 Gone ...but not forgotten
Last edited by wiggs on 9th May 2011 10:43 pm. Edited 1 time in total
9th May 2011 7:26 pm
PaulC
Member Since: 27 Nov 2009
Location: Vale of Glamorgan
Posts: 112
Re: used values
Shiny Silver wrote:
Checked my wagon on WBAC.com just after Xmas, £22500.
Talked to dealer last week cost to change to new D4 HSE.... £34000!
Checked again on WBAC.com last Friday...... £16100.
Guess what? ... we is keeping it!!!!
Hmm- yes checked mine today on said site and it came out much less than 6 weeks ago too. I think today's valuation by dealer fair but end of march's overegged. Just disappointed and slightly suspicious that the enticement was there in the form of a v high trade in value. It was mentioned when order placed that value would be reassessed and the figure of £500 mooted based on an 8 week wait.. Maybe the march figure was inflated by the bad winter weather?
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