Dealer business flexibility?!?!
Ok a bit of a long shot but I thought someone in the know might have some input on this.
I am wondering about how flexible dealers are to do deals on 2nd had stock, for example if I went to a dealer to look at a 2006 X5 and brought my 2007 e92 along, could I negotiate a swap without money exchanging hands. I'm pretty sure the e92 would have a higher value by approx 1-1.5k but would I be dreaming thinking that I could do that kind of deal? I still have an outstanding loan balance for the e92 too, which I would continue to pay off!
Any thoughts or input?
RE: Dealer business flexibility?!?!
Car dealers dont do swaps with the public. Thier always has to be money their way regardless if your current car is worth more.
RE: Dealer business flexibility?!?!
The only way a dealer would swap, Is if it was well in their favour, Family Diesel for a big hard to sell V8 etc...
Better off sell the E92 private, (Carzone, DoneDeal etc..) And walk in as a cash buyer and see how much you can haggle off the X5.
RE: Dealer business flexibility?!?!
Very tough to do generally and a dealer will have a very limited market for your car as well...also, is the money you still owe a personal loan or is it a HP/PCP arrangement?
RE: Dealer business flexibility?!?!
If you have finance on the car the dealer will need you to clear that before even entertaining a deal. Some dealers will deduct the amount you owe from any deal and pay it directly to the finance company. Ultimately you will end up forking out something.