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Thread: Need Advise on Buying a Used Car From a Dealership Without Finance.

  1. #1
    Diesel lover Hardcore's Avatar
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    Need Advise on Buying a Used Car From a Dealership Without Finance.

    For those that were following my project on the other site, my Corsa got wrote off and i've been looking for another car since.

    I've found one that takes my fancy.

    1 owner from new.
    77k miles
    FSH
    2006
    Ibiza 1.9tdi FR
    Listed at 4,000.

    When ever i've bought cars in the past they've at most been around the 1k marker and i've always paid by cash with private sellers.
    What's the best way to make sure i don't get stung or caught out?

    Should i view the car first, tell dealership i'm interested then do a HPI check and hope it doesn't get sold in the meantime, or should i put down a deposit?
    Since i'll not be using finance and i don't have credit cards or fancy walking around with 4k in my backpack should i pay via debit card or cheque? I'm thinking my bank might stop the debit card payment as it's outside my normal activities on how much i spend.
    Will this give me any more haggling points if i don't use finance?

    Any advice or tips appreciated

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    Administrator jt999's Avatar
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    Usually you'd put down a deposit and arrange to either go get the cash and bring it straight over or card payment at the dealership. You rarely get to take the car home that day as they usually go off for a fresh MOT etc first so paying by cheque would just delay that further.

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    Administrator Dave's Avatar
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    Could use it to yor advantage and get your credit rating up by paying on credit card etc and immediately paying it off...


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    Tim
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    Phone your bank first and tell them there will be a big transaction.

    Don't bother Hpi'ing it, the dealer with have done this.

    Bid him in the balls at 3000 and work up from there.

    You will also likely have to tax it however haggle an MOT/service if it hasn't just been done.

    Pay a deposit and rest on completion.

    I walked through London with a few grand in my backpack, I actually out a pad lock on it and wouldn't let it out my grasp

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    Lee
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    I paid 15k for mine on debit card. All they do is phone the bank for authorisation. Go along, view the car, haggle the price, ask for a hpi, leave a deposit, then return with your debit card.
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    Diesel lover Hardcore's Avatar
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    Thanks all, wasn't too sure the best way to organise it.

    I don't have any credit card's Dave. Never have had one in my life. I took out finance for something once and got stung and made it a life rule never to take out loans / credit or finance on anything again. If i can't save up the cash for something, i'll just do without. Silly i know, but i've no debts or anything to worry about if i ever lost my job.

    Do you think there's more haggle room paying with cash over debit card?

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    Administrator Dave's Avatar
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    No I don't tbh. Used to get that all the time in Maplin. Blokes, usually big tough guy builder types. With 1k in their pocket in 20's. buying CCTV systems, "discount for cash?" "Got cash today" ********, pissed me off no end tbh. It's no different. Debit cards are instant transfer practically anyway.


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    Tim
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    Small second hand dealer, yes there is a discount for cash at quite a few of these as they won't put the full amount through the books.

    Big franchise dealer there will be a bigger discount for finance.
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    Diesel lover Hardcore's Avatar
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    That's what i was thinking Tim, it's a small independent dealer as far as i know.

    When ever i get repairs done on my cars from most of the places i've been to, they give a reasonable discount if paying by cash for the reason's Tim mentioned.
    Usually never got a receipt when doing it that way though.

  15. #10
    Archbishop of Banterbury Coleman's Avatar
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    Use cash to try to lever more money off. if they say no, just use the debit card. Have fun haggling.
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    Tim
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    Plus they get a debit card fee, probably only 1-2% but still a fee.

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    'VXR' Member Taurus's Avatar
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    It's the right time of the month to try to haggle. Depending on the size of the dealership though. Small independent one man places it doesn't make any difference, but larger ones often work on a sales target system. What you are hoping for is a salesman who just needs a couple more sales this month to meet the target - in which case he'll often sell cheaper to meet the target. If he's already met it, or is way off, then it's nothing doing. But occasionally you hit just the right time and they just need that one more sale to make up the numbers.

    Never make an offer first visit - have a good look, even leave some details, but if you walk away they'll often ring you and then you're in the driving seat.

    It also depends how long they've had it. The last two cars I bought for other people had been there a while and they were getting to the stage where the dealer offloads them - both were priced at 3,500, I got one for 2,500 and the other for 2,700 with 4 brand new tyres.
    1972 Viva restoration thread - [url]https://www.thecorsa.co.uk/projects-builds/138-1972-vauxhall-viva.html#post1534[/url]

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    Tim
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    Taurus is right, they normally work in quarters. I heard a story, from a bloke who used to work at BMW, who witnessed a woman walking into a dealership on the last day of the quarter. Apparently they needed 1 more car sold to hit their BMW target which would mean a huge bonus. Apparently she got a brand new BMW, with nearly every extra for next to nothing.

    They made a big loss on that car but received a huge bonus.

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    Diesel lover Hardcore's Avatar
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    Called to query the car now.
    Service history with Seat for the first 3 years and 33k then no more service history until the dealership serviced it at 77k
    Appears it was serviced whilst in warranty and then after that neglected. With the problems with premature camshaft wear on these engines, i decided to give it a miss, especially for 4k asking price.

    Going to view this one tomorrow though instead.

    Seat Ibiza 1.9TDi FR 3dr Very Fast And Economical 2006

    Apparently it's had a 120 point pre sales service, HPI clear and FSH every 10k although not with SEAT so no gaurantee that long life oil has been used but seems worth the risk.
    Coupled with timing belt and tentioner just done with genuine parts could be my new car.
    The guy i spoke to sounded a little older and quite genuine. I know this could me being naive but he said his son would see me tomorrow as he's on Holiday so it must be a small family business. Car has been advertised for approx one month and pictures have been changed a few times so i reckon i can get it a little less than the asking price

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    Tim
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    Aim to get it for 3,500. If he's had it a month he might just want the cash back out of it.

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    Diesel lover Hardcore's Avatar
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    Tim, that one is listed for 3495

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    Tim
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    Ok, probably 3100/3200. He's probably got it for under 3,000 but will have advertising and servicing costs on top. Just be cheeky and see what you can do.

    Our golf was up for 7,500 and we got it for 6,000

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    Diesel lover Hardcore's Avatar
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    It's worth 3500 if it's as good as it's made out to be, but i'll try my haggling skills and see what i can do.
    As it's a smaller company i'll offer to pay cash as well and see how it goes. Hopefully all goes well, missing having my own car.

  27. #20
    Archbishop of Banterbury Coleman's Avatar
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    I'd be offering them 3k cash to start. Did that with my first focus and they said yes straight away (4k screen price) I was gutted I didn't start lower after that.

    Good luck hardcore, hopefully it's what you're looking for
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