Export/Import

I have a query regarding a car import. I purchased a new Honda CR-V ES in December 2007 from a garage in Leicester that has a licence to import Honda Cars. The car was made in the UK then exported to Cyprus, only to be re-imported. I now wish to trade in the vehicle to buy another car (not from the same seller) but have been advised that as this is an imported vehicle I must reduce the selling price by £2,000, so am being offered £10,500 as a part exchange rather than the £12,500 that ‘What Car’ indicates is the approximate trade in value. According to the garage it is usual that where a car is imported the car value will be reduced by the amount I saved on the purchase, which seems unreasonable at an amount of £2,000. Please could you let me know if this is correct and how long this reduction in price is usually attached to the car? It is silver, in excellent condition and the mileage is currently 11,000.

Asked on 27 March 2010 by A.H., via e-mail

Answered by Honest John
Your alternative is to submit it to www.sure-sell.info where it will be competitively bid for by both trade and public and should make more.
A current shape 2007/57 CR-V 2.0iES manual actually trade books at £13,475 with 30k miles so someone was trying to take you for even more than you thought. It's also worth contacting the dealer who originally sold you the car to see what sort of offer he will make.
Dear Honest John,

Please help me choose my next car. I would like it to have:
    Select a few terms below
Similar questions
I am looking to buy a new car to replace my 2007 Audi A6 avant. I want to spend a lot less money, around the £5k to £7k mark, the car needs to be able to tow a caravan weighing around the 1500kg mark when...
If I buy a 2wd drive petrol version of a crossover e.g. Skoda Yeti & Nisan Quashai, will the residual value hold up as well as the 4wd diesel?
My Nissan Terrano is 8 years old this year and has done 58,000 miles. I am a golfer and we live in a remote spot 700 feet above sea level so a 4wd has been very useful over the years. The vehicle has been...
 

Value my car