Old for new
I have an 07-registered Mitsubishi Colt CZ1 (3dr, Black, Air Con, 18,000 miles, petrol, manual). I want to downgrade to something a little older say 2004/2003 (Nissan Micra, Honda Jazz) but would like to be able to get some cash back from the sale. I have been informed by two dealers that according to Glass' guide my car is worth £3.5k.
However I have seen dealers selling this year and model of car for around £6k. If dealers are making £3k, then surely it’s in my best interests to sell privately or would I get much in cash for sale only to dealer? Any advice would be gratefully received
However I have seen dealers selling this year and model of car for around £6k. If dealers are making £3k, then surely it’s in my best interests to sell privately or would I get much in cash for sale only to dealer? Any advice would be gratefully received
Asked on 25 July 2009 by
Answered by
Honest John
Your plan is unlikely to work and is likely to lead to grief. An 07 Colt CXZ1 1.1 3-dr with a/c trade books at £4,075 this month, but they aren't very popular in the trade. I doubt you'd get more than £4k for it selling privately. Then you put your head in the lion’s mouth trying to buy something 3 years older for £1,000 less. Makes no sense.
Our honest used car pricing is a little bit different to all the others. You can get to our values through make or model - you don’t have to follow a prescribed route. Plus, it’s live, which means we can react to changes in the market quicker than any printed price guide.
Honest Used Car Prices
From which small car to buy at which price point to the best UK-built cars, our Top 10s have the lot. Click now for your shortlist.
Unsure of what to buy? Our Top 10s are here to help you....
Dear Honest John,
Please help me choose my next car. I would like it to have:
Please help me choose my next car. I would like it to have:
Similar questions
My daughter wants to sell her good condition Ford SportKa 55-plate 50k miles. What's it worth in part exchange? With this as a deposit she can afford up to £10k to buy a five-door hatch. She wants something...
My wife has reluctantly decided to give up driving and even more reluctantly to sell her old Clio, which has served her well for many years. It is an 1994L 1.4 RT 5-door hatchback automatic, has been serviced...
I have a ‘G201’ fault on my 2006 SEAT Altea FR. The SEAT Dealer wants £1,300 to fix the problem. Do you know if the VAG contribution is specific to the VW, or is applicable to all VAG cars? Failing contribution...
.jpg)
