Trade in valuation...

amimmortal

amimmortal

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Morning folks,

I'm looking for a bit of advice. I paid a deposit at my local VW dealership on a new Touran (needs must I'm afraid) based on a specific deal and trade in valuation back in February.

There were significant delays with the build and as a result the car is only now being delivered to the showroom.

We've agreed to wait until September so that I can get a new 66 plate.

In the meantime, they have asked to see my A6 again to redo the valuation. To add context, the car is in *mint* condition, having just been detailed, and I've only done 1,500 miles in it since it was valued.

My question is this: can I hold them to the original valuation agreed when the order was signed and the £500 deposit paid? Ive a feeling they're going to try and shaft me on the trade in because I managed to get a hefty discount on the new car.

It's a 2013 Black Edition, Phantom Black 2.0d multitronic with 33,000 miles on it. The trade in agreed in February was £18,750 (top end Glass' guide trade-in valuation).

Any advice welcome!

Thanks in advance,

A.
 
I was always under the impression trade in values were based at the time of valuation. Increased time and mileage will always affect trade in price, so I would expect it to have decreased?

As a side note, have you looked at other companies like WBAC and Evans Halshaw. They might be able to offer you more? I personally always try and sell privately as the additional work is always worth the extra £2k I typically get over trade in valuation.
 
I would say that you agreed on 'a deal' and you proceeded under the terms of that deal. It isn't your fault the car got delayed.

If your car is mint and by the sounds of it done ****** all additional mileage I wouldn't worry. They will just want to check you haven't reversed it into a wall or something that would really affect it. But if they do start playing silly buggers stick to your guns on the previously arranged deal.
 
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Thanks folks,

The car is actually on PCP finance, so I'm not sure I can sell it privately anyway. The car is looking fantastic now, so hopefully the dealer is able to see he'll have no problem shifting the car.

I've found it quite hard to find something that explains exactly what your rights are if you place an order for a new car and it is delayed significantly (in this case, 7 months). One thing I did find said that you should stick to your guns and force them to take the original valuation, but nothing concrete...

Cheers,

A.
 
At the end of the day I would stick to what was originally agreed. If they try to lower the price just hold your ground I can't see them wanting to lose the deal over it!
 
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As long as they don't mess me about and give me a derisory offer, I'm happy to compromise. But if they start with something ridiculous, I'll not stand for it :)
 
Last edited:
amimmortal said:
As long as they don't mess me about and give me a derisory offer, I'm happy to compromise. But if they start with something ridiculous, I'll not stand for it :)
Click to expand...

Sorry I missed the 'significant delays' bit! Yea they should be doing whatever they can to keep you sweet, and that will include not trying to pull a fast one on your valuation!

I say cross that bridge if it comes :)
 
7 months mate! According to Glass' Guide, it's only gone down £350 since February (taken with the usual pinch of salt...)
 
amimmortal said:
7 months mate! According to Glass' Guide, it's only gone down £350 since February (taken with the usual pinch of salt...)
Click to expand...

Blimey....the 2 month wait for mine was agony enough...

Did you have a butchers at WBAC? Anywhere near the original agreed amount?

I would still be tempted to stick it up on AutoTrader for £20k and see what you get. Sounds like a very sought after car....
 
DrEskimo said:
Blimey....the 2 month wait for mine was agony enough...

Did you have a butchers at WBAC? Anywhere near the original agreed amount?

I would still be tempted to stick it up on AutoTrader for £20k and see what you get. Sounds like a very sought after car....
Click to expand...

They just offered me £17,500. Told them to try harder...
 
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