Was offered £1K for my car today

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evoke
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Joined: 12 Feb 2013, 10:06

Was offered £1K for my car today

Post by evoke »

My 2008 Citroen C5 2.2HDi Exclusive was valued at £1K for a part-exchange valuation today. To say I was shocked is an understatement! Having bought it for £4K earlier this year and then paid out well over £4K again in repairs and replacements for worn out parts, I had to walk away from a new car deal. I think it'd be better to run it into the ground.
2008 Citroen C5 2.2 HDi Exclusive
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Old-Guy
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Re: Was offered £1K for my car today

Post by Old-Guy »

You don't say how many miles and what condition it's in. If you wanted to p/x it against a new model that's in demand (or being offered at huge discount), a low valuation may simply reflect the salesman's lack of interest in taking something that will simply go to auction as is.

It always pays to offer a vehicle for p/x in freshly-valetted state. A Sunday spent thoroughly cleaning and polishing a car inside and out will always get you a better deal than offering it dirty and uncared for inside and out.
2011 Grand C4 Picasso VTR+ 1.6HDi in Kyanos Blue
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evoke
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Re: Was offered £1K for my car today

Post by evoke »

Old-Guy wrote:You don't say how many miles and what condition it's in. If you wanted to p/x it against a new model that's in demand (or being offered at huge discount), a low valuation may simply reflect the salesman's lack of interest in taking something that will simply go to auction as is.

It always pays to offer a vehicle for p/x in freshly-valetted state. A Sunday spent thoroughly cleaning and polishing a car inside and out will always get you a better deal than offering it dirty and uncared for inside and out.
Mileage is very high - 139K miles. Full main dealer service history. Interior is immaculate. Exterior has some chips and scrapes. The chips have been touched up. I detail all my cars and have done the best I can for the C5 - the outside has been clayed and waxed using expensive car waxes. The interior has been meticulously detailed by me using high-end products and looks like a new car - not a single mark on the interior. It looks striking but obviously there is some paintwork imperfections around the car.

I spent virtually the whole of last week detailing the car during the evenings - a total of around 12 hours spent on it. Alloys cleaned and sealed too.
2008 Citroen C5 2.2 HDi Exclusive
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Old-Guy
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Re: Was offered £1K for my car today

Post by Old-Guy »

I'd say it's the high mileage for its age - and the fact that it's a C5, a 2.2 and an Exclusive: it's a big Citroen with the big 2.2 engine and "strange, complicated" hydro-pneumatic suspension.

This dealer or salesman is trying to send you the clear message "We are not interested in doing a deal on your terms." Other factors might be finance - if you want to pay (a good part of) the balance, the dealership and/or salesman would lose a fat chunk of commission.
Last edited by Old-Guy on 28 Sep 2013, 19:31, edited 1 time in total.
2011 Grand C4 Picasso VTR+ 1.6HDi in Kyanos Blue
1995 Xantia Estate SX 1.9TD in Vert Vega "The Green Lady" - after 11 years now owned by XanTom
1998 Xantia 2.1 VXD Estate in Mauritius Blue - R.I.P. (terminal tin-worm)
evoke
Posts: 92
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Re: Was offered £1K for my car today

Post by evoke »

^ I agree. I don't think he was interested in taking the car as a part-exchange.
2008 Citroen C5 2.2 HDi Exclusive
Stewart(oily)
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Re: Was offered £1K for my car today

Post by Stewart(oily) »

A couple of years ago Webuyanycar offered me £50 for my Xantia TD Estate :)
BXs since 1993 built 1.9 TZD turbo, got a S2 Xantia estate, brilliant car! 2013, Xantia HDI LX 110 2000 new car with 122,000, l C2 HDI Rusty rocket, C3 Picasso HDI new to me.
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Diabolical
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Re: Was offered £1K for my car today

Post by Diabolical »

Not that I want but can't, seems like a good offer from someone on FCF could get themselves cracking deal?
06 C5 2.0L HDi Exclusive Estate 20020k and rising. :-)
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KP
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Re: Was offered £1K for my car today

Post by KP »

If that was an estate I'd match that offer and then a bit more as well as long as the service history and drive was good as I want get my mum and dad into something newer in the near future :)
Peter.N.
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Re: Was offered £1K for my car today

Post by Peter.N. »

I reckon it would make more than that on ebay! That's one of the reasons I run 10 year + old cars.

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Eddie Nuff
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Post by Eddie Nuff »

I'll give you £1k for it. 8-)
Monkeyfeet
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Re: Was offered £1K for my car today

Post by Monkeyfeet »

Wot Old-Guy said!
Salesman is most definitely saying he's not interested by hugely undervaluing it. His loss!
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Jabo
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Re: Was offered £1K for my car today

Post by Jabo »

tradeInValue != marketValue
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Peter.N.
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Re:

Post by Peter.N. »

Eddie Nuff wrote:I'll give you £1k for it. 8-)
I will give you £1001.
evoke
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Re: Was offered £1K for my car today

Post by evoke »

^ Ha ha.

So, i've had a change of heart after seeing the trade-in prices and i'm not going to trade it in. I've spent far too much money on it this year so i'll be running it into the ground. A friend of mine did offer £2,800 for it but I said no. If I can get another year or two out of it i'll be happy.

There is an irony in this story. I've test-driven some budget cars and they aren't a patch on my C5 in terms of comfort and ride quality.
2008 Citroen C5 2.2 HDi Exclusive