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What Size Discounts to Expect

Few things in life are more satisfying than getting something cheaper than you expected.

But the big question is: what size discount should you expect on a used car? Hundreds? Thousands?

The Past…

Towards the end of last year, people were buying very few used cars, so car dealers were havingproblems shifting their stock.

We had a field day! It was not uncommon for us to negotiate discounts of more than 10%.

The Present…

The market has changed hugely.

As warned in one of the March’s newsletters, for most (but not all cars) prices have actually risen. This is due to a major lack of used car stock.

I spoke with a Skoda dealer yesterday who is supposed to have 45 used cars in stock. They currently have just 16 for sale, so as you can imagine, they weren’t too eager to let me buy one of their precious cars at a bargain ‘trade’ price.

The Figures…

Generally, for most cars priced under £10,000, you will be hard pushed to get much more than a £500 discount. For cars between £15,000 and £25,000, if you get £1,000 off, you are doing well.

This will vary greatly depending on whether the particular make, model and specification you are after is in short supply or not. Of course, you can still get lucky, so remember the key rule…

If you don’t ask, you don’t get!

Dis-counting the days until I can email you again…

Ashley Winston
(Founder & Owner)

At Palmdale we specialise in taking all the hassle out of the car buying process:

 

  • YOU tell us exactly what car you want
  • WE search for every available car in the UK that meets your description
  • WE negotiate with the seller
  • WE make sure that the car is perfect
  • WE collect the car and bring it to your door
  • YOU enjoy your new wheels for many years to come

These newsletters are our attempt to teach you everything we know about car buying; however, if you would like us to find and buy your next car for you, all you have to do is ask!