Caryard Thiefs

thats why you wait a year to buy a car you like my girlfriends parents vx ss traded in last week for 12k lol

 

Could be the price you paid in 2004 was too high. Did it have all the fruit on it then, or did you add it?

I paid $23K for a Nov03 VY Berlina V6 with 22K kms at the auctions in Jan 05. A nearby Holden dealer had two VY Berlinas with similar KMs for $32K. So it sounds like your purchase price was a little high if the Exec was stock, AND you can see what sort of mark up Holden dealers place on used cars from this example.

My suggestion: go to a couple of auctions - should be VZs there by now? Get a feel for prices, there and for private sale prices for your car. Sell privately and go to the auction. The auction cars have remainder of new car warranty anyway, so it's low risk.

Cheers,
Paul.

 

well when i got my 04VY a few months ago it was for 21, that was (almost) cost for the dealer after they had got it at the auctions and done a few things (like added rear spoiler and fixed windscreen), i knwo this because my mum works at the dealership and can see the cost prices, so we could get the best price without them making money on us for no reason.

I guess they need to buy very cheap to sell cheap, they would be expecting a 3g markup im guessing at least

 

The moral of the story is to do your sums.The more they give you for a trade in the more they make on the sale.Warranty is not free hence the extra cost from a dealer.
Back to the topic I bought my VY from a ford dealer due to the problems at the local holden dealer.No trade in, bad service etc.

 

The old story is "buyer beware" but its all about homework there are enough places to buy used Commodores. The rule of thumb is what are the extras really worth 18"s
( $1500-2000 ) If its an SS kit $ 1500- $2000 fitted and painted plus real price for car gives you your answer.
Unfortunately buying a car is an emotional thing, you see something you want it, you buy it! There are enough examples around of people who pay TOO MUCH for there cars because they didnt do there homework. Oh one last thing dont use glasses guide and red book not even dealers them!!

 

used holdens always depreciate heaps i just expect it.
I bought a vy berlina with 16000 ks on it just 1 yr old book price new was $46000
i paid $27000 got to feel sorry for that bloke :/ i think its all the ex government cars that bring all our cars down in price.

 

Be thankful you didnt buy a falcon. I have seen 2003 XT falcons going through the wholesale auctions for around $12000 with less than 40,000km on the clock. I cant imagine the owners probably even got that on the deal.

The second hand cars prices for the run of the mill fleet type cars have significantly reduced in price at the moment due to a number of factors including huge stocks of ex government fleets that are sitting in storage so buyer beware.

The stupid thing is that it doesnt matter whether the car has lots of accessories or in in like new condition, it makes no difference at the end of the day as the dealer will only give you what the book says for the model and km.

 

mate, its not just Holdens. ALL car yards are the same, thats how they make their money- by ripping us off on trades.

best to sell privately and then rip it into the yards if they have a car you want. Just walk away if they dont do the deal you are happy with. I usually try to buy and sell privately, have always got the best deal that way.

If you buy from a yard and then trade that same car, you loose stacks and stacks as you have found out.......

mate, they are all the same, so dont just hang it on Holdens :thumbsup:

 

Price too high?

Me thinks the initial price was too high.

I bought a brand new 2004 VY Manual V6 last year for less than $25,000 drive away ex GST.

 

I tend to agree. 6 months ago I bought my 2002 Statesman for $31k. That's roughly depreciated by 50% over 3 years on a "luxury" car. You should expect 30% depreciation in the first year for an exec. Given that you get bugger all back on extras like bodykits and rims, take 30% off the rough brand new purchase price of $35k and if it was a private seller expect it to be going for around $24-26k at the time you bought it. The dealer probably bought it for $22k or less, giving him a total of $10k margin to cover vehicle expenses and his not untidy profit.

Fastforward a year and the trade-in price of $16k is probably in line with the $22k the dealer paid 12months earlier. Expect $19-20k now for a private sale. Hate to say it but I think you got ripped last year and now you're suffering for it.

 

I agree..... you payed too much for the car in the first place..you can buy a brand new VZ Equipe for $32k drive away atm cause the lumina is out now.

 

yeah whats with that redbook, I see some prices on there that are so low it's just silly. Like the other day I saw that a Yamaha IT490 sells on average for 600? $ now I'll tell you for one of those in decent condition you will pay 2000$ at least and that's a big difference. Also I see things like VS V8 manuals, redbook says 8 grand? that I would like to see you could pay double that for a very good one

 

the redbook is strange...my dads a carsalesman and i asked him to explain how it works lol....its very complex how they actually work out an everage price....me did not understand :w00t:

 

thats a rip, i traded in my 98 s2 v6 vs ute 3 yrs ago, it was 5 yrs old, 75k on the clock and they gave me 16k trade in for a vy ss ute, i was really happy with that, i guess with the current fuel prices its an excuse to rip ppl off, and then sell their car for double... sell it privately for more maybe near 20k then go to another dealer and buy ur new VZ

 

lol never trust salesmen
The dealers have to make a living, like everyone has said, buy/sell privately if you want a good deal. If you want an easy deal go to the dealer, you will get less but you wont have to list it for sale anywhere or deal with anything, drive in, walk out and you're done.

 

What did you expect? ALWAYS sell your car privately! The caryards will give you nothing for it so they can make a tidy profit when they flog it again! That's how business works!