Hi, My parents-in-law bought a Vauxhall Insignia 2.0 CTDi SE two months ago from our local Vauxhall franchise dealer. The car was registered in July 2011 (11 plate) and had a number of options added (incl 18" alloys, front and rear parking sensors, fog lights, part leather seats etc - still trying to confirm the full list). They were told that it was the car that the MD had been using and that they were being offered it at an "exceptional price" of just short of £20k (£5k deposit, £15k on finance with GMAC). It had done about 9k miles. Two weeks ago my father-in-law passed away unexpectedly. My mother-in-law will never use the car, it's simply too big. We therefore began looking at selling it to pay off the finance, and here is where we've had a bit of a shock. Having checked a number of valuation sites, including this one, it seems that in the two months since the car was purchased, it has dropped in value to the tune of £6-8k, meaning that there doesn't seem to be enough value in the car now to even pay off the finance. We contacted the dealer who told us that they couldn't possibly buy the car back, even at just the price of the finance, because in the last two months the bottom has fallen out of the second hand car market and they have a glut of Insignias that they're having great difficulty shifting. So, would anyone be kind enough to help us with the following questions: 1. Was that a fair price at the time for the car? 2. Is the dealer telling the truth about the bottom falling out of the second hand car market in the last couple of months? 3. Is there anything that we can do other than pay off the finance and then sell the car privately to try to get the most we can for it? We're not expecting special treatment because of Dad and realise that the dealer has no obligation to re-buy the car. At the end of the day, if the car has lost a shed load of value in the last two months, then we'll just have to accept that (and probably steer clear of Vauxhalls in future). Many thanks in advance for any assistance. Phil

Edited by Avant on 21/05/2012 at 01:22