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Trade purchase of Supercar
jiggyjaggy
 

Posts: 48
Joined: Aug 2011
Location: London
Post: #1
Trade purchase of Supercar

Hi guys looking to buy a Fairly conservative Supercar tomorrow and I have made the dealership an offer. They have agreed on my price on the basis that they can put it through as a trade sale.

Does this affect my purchase anyway or are they simply doing it to save tax therefore enabling to accept my lower offer?

Maritius Blue what a colour - I don't own one but my my what a colour! Cool
17-11-2012 07:15pm
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x5pea
 

Posts: 108
Joined: Apr 2011
Location: Glasgow
Post: #2
RE: Trade purchase of Supercar

trade sale would be no warranty given, no statutory rights as a private buyer....Pretty much sold as seen....

i wouldn't touch it , seems strange thing for a dealership to offer
17-11-2012 08:21pm
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jiggyjaggy
 

Posts: 48
Joined: Aug 2011
Location: London
Post: #3
RE: Trade purchase of Supercar

They only offered that in order to match my price or so I thought. Surely I have no comebacks in any case if I buy the car and something goes wrong as it is a used car in any case??

Maritius Blue what a colour - I don't own one but my my what a colour! Cool
17-11-2012 10:23pm
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xxxx5
 

Posts: 661
Joined: Apr 2011
Location: Lancashire, England
Post: #4
RE: Trade purchase of Supercar

Avoid, this car will have problems that the trader is trying to avoid putting right. It's a know trick in the trade.

Now Sold: 5dr Pure SD4 Man / Fuji White / Pano Roof / Tech Park / Style 6 Alloys / Privacy Glass / Xenons / Black H'lining / Power Fold Door Mirrors / Power Tailgate / Carpet Mats / Front Fogs.
17-11-2012 10:30pm
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x5pea
 

Posts: 108
Joined: Apr 2011
Location: Glasgow
Post: #5
RE: Trade purchase of Supercar

(17-11-2012 10:23pm)jiggyjaggy Wrote:  Surely I have no comebacks in any case if I buy the car and something goes wrong as it is a used car in any case??

no because ur not a consumer you are a trade customer in this case.

as i said avoid
18-11-2012 12:39am
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jiggyjaggy
 

Posts: 48
Joined: Aug 2011
Location: London
Post: #6
RE: Trade purchase of Supercar

I think I better go down the route to offer the same amount as a retail offer, with no trade element at all. Irrespective they are placing a 12 month MOT on the car, which gives some comfort. Thanks for the advice guys.

Maritius Blue what a colour - I don't own one but my my what a colour! Cool
18-11-2012 01:55am
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XFullFatTim
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Post: #7
RE: Trade purchase of Supercar

An MOT means nothing, they can have an in-house writer of MOT forms............... an MOT only says that the car complies with the law on the day it was tested, nothing more. If something is too much of a bargain to be true, it usually ends up with lots of tears and disappointment.

A Pangea Green New Defender 110 First Edition is now sitting on my drive alongside British Racing Green Electric Mini Cooper SE Level 3. After 21 years in my hands my TDI300 90 was handed on to the next custodian on 15 July 2022.
18-11-2012 08:06am
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jiggyjaggy
 

Posts: 48
Joined: Aug 2011
Location: London
Post: #8
RE: Trade purchase of Supercar

I have stated that I would be happy to buy the car in the usual retail manner at the same price I offered yesterday. Lets see what they say.

Its not ridiculously cheap...

Aston Ad

Maritius Blue what a colour - I don't own one but my my what a colour! Cool
(This post was last modified: 18-11-2012 12:59pm by jiggyjaggy.)
18-11-2012 12:56pm
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RacingSnake
 

Posts: 1,267
Joined: Sep 2011
Location: Reading
Post: #9
RE: Trade purchase of Supercar

Despite what has been posted up there ^^
buying from a dealer at all, no matter how they try to deny it, you have your statutory rights, including a warranty period (I think 3 months is the minimum).

It most certainly is not treated the same as a private sale. I would also imagine the dealer would get in serious trouble trying to circumvent his liabilities buy calling the sale 'trade'.

Ordered: Fuji Dynamic Lux Coupe / style 7 wheels / Privacy glass / adaptive xenons / something else which I've forgotton.
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18-11-2012 05:00pm
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jiggyjaggy
 

Posts: 48
Joined: Aug 2011
Location: London
Post: #10
RE: Trade purchase of Supercar

Having spoken to the dealer, they are happy to process the sale as a normal retail sale at £500 more than their trade figure, which is still below the figure I wanted to hit, so I am content with this. In addition they have agreed to a new MOT, 12 months Warranty and 2 new Alloys and tyres on the front corners.

Maritius Blue what a colour - I don't own one but my my what a colour! Cool
18-11-2012 06:22pm
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