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S60 & V60 '18> / XC60 '17> / S90 & V90 '16> / XC90 '15> General Forum for the SPA-platform 60- and 90-series models |
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Changing New Car Deal from Trade In to Cash Deposit?Views : 1073 Replies : 11Users Viewing This Thread : |
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Oct 6th, 2021, 12:49 | #1 |
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Changing New Car Deal from Trade In to Cash Deposit?
Hi All
Was looking to seek everyone's thoughts/comments before speaking to the dealer on this one: I'm waiting on an XC60 delivery which I'm told is ready at the end of the month (after the typical expected delay). I'm trading in my Audi A5 for £18k but have since realised that We Buy Any Car will offer just over £22k for it. Even if that drops a little, it's still substantially more than the trade in value from Volvo. The dealership have offered a really good deal on the XC60. Is it worth me asking if I can change the deal from trade in to a total cash deposit once I've confirmed the WBAC value? I don't know whether it's even an option to change the agreement with the dealer so late in the day. I wonder whether the deal I was offered may have been based on the expected return on my A5 once traded. I don't really want to look a fool with the dealer if it's a complete no go so appreciate any comments from people. Thanks. |
Oct 6th, 2021, 12:55 | #2 |
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I would doubt there world be any problem. In fact, I'd ask the dealer to offer more discount on the basis you're now not trading in. If you don't ask, you don't get!
Mind you, check the actual WBAC deal first (no experience myself, but apparently even the slightest problem with your car will reduce the amount they offer.)
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Oct 6th, 2021, 13:30 | #3 |
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Shouldn't be any issue to do what you are suggesting, the dealership will only be putting your part-ex straight into the auctions so its probably easier for them if you change.
The deal I got on mine when I bought it (around 13% off list price) was without a Part-ex but Volvo said they could add one on right up to handover day so I'm sure they can just as easy take it off. The extra money is always better in your pocket than someone else's. Like Paul says, ask if you can get any further discount for switching away from a part-ex, its a little cheeky but you don't get if you don't ask.
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Oct 6th, 2021, 13:48 | #4 |
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Waiting on mine coming at the end of the month now also. Have just sold my A5 (albeit a little prematurely as I thought it would be here end of next week) on another online site (Mway)for 15% more than WBAC was offering. Due to the car being almost 8 years old, the dealer wasn't really interested in it.
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Oct 6th, 2021, 14:27 | #5 |
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I can't see any issue. I did a deal on my previous MY17 XC90 based on an X5 trade in. I then sold the X5 privately for approx. 2k more than the trade in offer and dealer wasn't bothered at all.
:wq
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Oct 6th, 2021, 14:46 | #6 |
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Same here - agreed the deal on my XC90 based on trading in a BMW 520. Subsequently tried Motorway and got over £2k more for my BMW than the trade-in offer, so sold the car to them and funded the deposit on the XC90 in cash. No issues from the Volvo dealer in me doing that.
I’m the meantime the Volvo deposit contribution also improved by £1,000 leaving me £3k better off than I’d expected when I initially agreed the deal.
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Oct 6th, 2021, 15:18 | #7 |
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Thanks all, really helpful.
I've never bought a new car before so new to the whole process. Will certainly check motorway.co.uk and confirm values once I get confirmation of new car delivery date. Cheers all! |
Oct 6th, 2021, 19:05 | #8 |
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Beware of webuyanycar. The price you will be given when you turn up will be less than the qoute you have on line.
'Depends on the price on the day and condition Sir' is the oft heard phrase. Then you dont get the money for at least 4 or 5 days. You are expected to handover your car on the promise that a cheque will be issued within x days. I have used motorway several times. Always got the price qouted, bank e-transfer before they take the car. Happy days. The dealer will be pleased if you have moved your car on, saves them taking the risk of being able to sell it for a profit.
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Oct 6th, 2021, 19:54 | #9 | |
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Quote:
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Oct 6th, 2021, 20:26 | #10 |
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I've heard others say the same about WBAC. I tried motorway and they've suggested more than WBAC. Think I'll try them when the time comes - hopefully soon and not with further delays...
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