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Trade-in value. |
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Monksilver 
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Joined: 03 Sep 2010 Location: Harrow Status: Offline Points: 12 |
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 Topic: Trade-in value.Posted: 31 Jan 2012 at 6:48pm |
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Asked my local KIA garage, where my Carens was purchased and regularly serviced what would be the trade in I could get off the new Optima. Under three years old, 20,000 miles, cost new £15,000 - offered £6,000. Is this too low? What should I expect? Thanks
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davy
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Kia Moderator Joined: 08 Aug 2008 Location: Renfrewshire Status: Online Points: 2699 |
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Posted: 31 Jan 2012 at 7:35pm |
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Depends on model but its not far off the mark for a 2.0CRDI GS model.
Shocking isn't it £15K when new the less than 3 years all your getting is £6K. Ouch |
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Had 1.4S & 1.4SR CEED, 1.5CRDI RIO,Now SEAT LEON 2.0TDI 140 REMAPPED 185. HAYABUSA K9.
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Barrylorry
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Joined: 24 Jul 2011 Location: Barnsley Status: Offline Points: 15 |
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Posted: 02 Feb 2012 at 8:59am |
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It works out at £3000 a year. Last year we traded our Fiat Doblo in, paid £12-000 new and got £3500 back for it in 3 years.
The problem is no one is buying Cars at the moment. I know i pop to my local Kia Garage last week for a new windscreen wiper and the forecourt was full of Used & New cars.
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thunderbird
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Joined: 15 Dec 2011 Status: Offline Points: 288 |
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Posted: 02 Feb 2012 at 9:12am |
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Sadly it seems about right to me. Last time I traded in a 3 year old car (Mondeo) we got £5,800 for a car that retailed at over £17,000 when new, OK we got a good discount. But that was when times were much better, according to Mr Parker the same model car would have lost £13,000 in the 3 years in todays market. Based on that your £9,000 hit seems reasonable even though I appreciate it hurts.
We now keep our cars 5 years, softens the blow quite a bit but if you are unlucky the repairs costs can catch you out once you are out of warranty, that's one of the reasons we bought a Kia. As an example our last car was 5 years old when we traded it in for the Ceed, when new it retailed at just over £17,000 (got a good discount again) and we got £5000 trade in, £12,000 loss over 5 years, £2,400 a year, more reasonable that the Mondeo's £11,200 over 3 years but still painful. Edited by thunderbird - 02 Feb 2012 at 9:19am |
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RichieD76
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Joined: 29 Sep 2011 Location: Boston, UK Status: Offline Points: 615 |
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Posted: 02 Feb 2012 at 9:22am |
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VW passat, £22k new 5yrs later, less than £5k. And that was with only 48k miles, full VW servise history and in mint condition. Guess its only valuable is people will pay for it. I mean in all fairness I would say a lot of people on here have brought a Kia with a smaller engine size than there previous car to save money on fuel,tax ect. 2ltr and above isn't desirable to regular joe any more with diesel at £1.40 a ltr.
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Kia pro-ceed4 1.6cdti 2011. 2x Honda RVF400's, fletcher GTO 14" 75HP
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davy
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Kia Moderator Joined: 08 Aug 2008 Location: Renfrewshire Status: Online Points: 2699 |
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Posted: 02 Feb 2012 at 11:03am |
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My mates 2 and a half year old VXR Insignia £29K new and now he was offered £13K in a trade in for a Merc. Book price says £13K too. Shocking depreciation
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Had 1.4S & 1.4SR CEED, 1.5CRDI RIO,Now SEAT LEON 2.0TDI 140 REMAPPED 185. HAYABUSA K9.
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Demoman
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Joined: 01 Jan 2011 Location: Surrey Status: Offline Points: 41 |
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Posted: 03 Feb 2012 at 7:40am |
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I think you done well, I have a 08 LS which comes fully loaded with 21k on the clock.
Up against a new Sportage I was offered 4k, looks like I was conned when purchased 14 month ago, when i was lead to believe that they hold there price pretty good. Looks like the end of Kia era when I change again
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Demoman
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Joined: 01 Jan 2011 Location: Surrey Status: Offline Points: 41 |
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Posted: 03 Feb 2012 at 7:42am |
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Sorry was going to say also went to we by any car .com and was offered £5750 still not alot but alot better than the dealer
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