At least 20 - 25 percent off new

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Fri 27 Feb 2009 16:31
At least 20 - 25 percent off new - tawse
FYI...

On ITV's This Morning programme today they had an item about buying new and used cars in the credit crisis.

They had Quentin Wilson on and he went through several deals he had found - a 23K Citroen for 16K, a Peugeot and one of those VW Eco cars which is 14K list apparently but he found one from a dealer for about 10K.

Anyhow, he concluded that you should be aiming to get at least 20 to 25 percent off the price of any new car in a dealer at the current time!

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Fri 27 Feb 2009 16:38
At least 20 - 25 percent off new - Flying Red
And did he say what it's residual value will be?
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Fri 27 Feb 2009 16:45
At least 20 - 25 percent off new - L'escargot
Anyhow he concluded that you should be aiming to get at least 20 to 25
percent off the price of any new car in a dealer at the current time!


Is that with or without trading in your old car?
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Fri 27 Feb 2009 16:59
At least 20 - 25 percent off new - tawse
Is that with or without trading in your old car?


I believe it was if you walked in with a wad of notes - no trade in. He went on to say that it should not be a war between you and the salesman, offered some practical advice on negotiating.

The item started with him and Eamon Holmes talking about all these advertised BOGOFs, 50% reductions etc and Eamon talking about how the car companies claim to be in dire straits yet when you go to buy a car you cannot get the dealers to reduce their list price.

There is an article about this on the This Morning site but I can't see a video of the item there yet.
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Fri 27 Feb 2009 17:08
At least 20 - 25 percent off new - rtj70
Won't it be on catch up TV on the ITV Player.... then again I cannot find it.
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Fri 27 Feb 2009 18:34
At least 20 - 25 percent off new - Roly93
Blah blah credit crunch Blah !

So what if you can get 25% off a Citroen or Peugeot, I am looking to spend £8-9K on a car for the wife, and unless you want something that nobody else realy wants, I am failing to see where the bargains are.

Also, all of the so called bargains are on new cars or so it seems, I could get 27% of a new Focus at several of the online brokers, but I am looking for a nearly new car, and these seem dearer than they were 6 months ago. Whats going on ?
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