Geekzone: technology news, blogs, forums
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.

View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 
167 posts

Master Geek

  #1702798 13-Jan-2017 16:29
Send private message



Just looking at purchasing something boring for the family.  A small economical runabout mainly used for short trips to and from the city.  Budget is around the 10k mark, so looking for best bang for my buck. 


Liking the look of a 2010+ Ford fiesta, which are being listed around 10-12k. Hence this post and trying to figure out what a realistic price to expect from a listing on TM.


That's fine - so you're a buyer in a market with multiple options. As others have said; don't go too silly if you like the car, but don't necessarily go full asking price either. Unless you really like the car, the buyer, and the car is price reasonably based on your research. There is no one rule - because there are multiple factors involved - price is just one of many.




I've paid full asking price before (as I did with my current car) because the car ticked the boxes, it was presented well, I got a good "vibe" from the buyer - and, most importantly, it was very reasonably priced at the start. The seller wasn't the type to bargain, and I didn't see a need to try.


Also, there'll be others out there "expecting" to drop their pants so will overprice their car accordingly.




Once you're happy with the car, the seller, and the price - go for it. Whether or not you have to negotiate like a demon to get their is ultimately irrelevant.

446 posts

Ultimate Geek

  #1702906 13-Jan-2017 20:50
Send private message

I've bought and sold a fair few cars. In your situation, there's a lot of options. You can afford to make lower offers, with nothing to lose. 




As a seller I've taken really low offers if I've not had much interest, the buyer was reasonable, or I just wanted it gone and there was cash in my face. 




If you're looking at cars at about 10k, I'd be going in around 7-8, depending on how long it's been listed, how it's presented etc. I personally prefer to ask all my questions first, view if possible so that I can make a genuine offer & commit to it. Be polite, let the seller know you like the car, but there are a lot of options, this or that bit is not perfect, 'but none the less youd be interested at about 8k otherwise you'll move onto the next one. As others have said, try to get extras -wof, reg, fuel, towbar, roofracks etc included.




I bought a car from a yard recently. He had it advertised at $11k, +$800 for a 3 year warranty. I asked if he'd take 10k if I also bought a warranty & he said no. After thinking it over I asked if he'd do $10750 including the warranty, and he decided that was acceptable. People think of money in different ways.  


232 posts

Master Geek

  #1704067 16-Jan-2017 12:47
Send private message

Thanks for the info Joff. Good to know.  So when you go to sell a vehicle on TM or whaere ever, would you say you list it for more than what you want for it - with the mindset that you know potential buyers are going to offer you a lower amount anyway?



6615 posts

Uber Geek
Inactive user

  #1704126 16-Jan-2017 13:55
Send private message

Every vehicle you see will be listed for what the seller wants, What they will take is another question.
A vehicle is worth what ever someone wants to think its worth. Dont go telling people their car is not worth this that the rest, Just walk on.
Find one that is around your budget and is well looked after (Genuine seller). Have a good look yourself and drive it.
Now if the person on the auction has listed no problems with the car and you pickup oblivious faults, walk away. What else are they not telling you about?
If you find a nice car with good history and a honest owner try and value it against the rest of the market and compare you price with their asking price. Judge from there where you should be entering the market, If the car is over priced you can try for your value but i would move on and not spend much time negotiating. 

Dont go looking to get the best deal, Make a realistic offer and be happy with your offer before purchase.
Look i have owned many cars i have got for a good deal and 90% of them were just a good deal. 





10120 posts

Uber Geek

  #1704530 17-Jan-2017 10:01
Send private message



20-30 percent less than a comparable model at a licensed vehicle trader.


They need to cover selling costs, warranty, etc. A private sale doesn't



I agree with that - yet when looking for used cars, asking prices from private sellers seem to be based on dealer prices, and you've no idea how receptive to haggling they'll be.


There's a reason why they're selling their bucket of bolts, and it's probably not that they're "leaving the country" or "got company vehicle now".



1 | 2 
View this topic in a long page with up to 500 replies per page Create new topic

Twitter and LinkedIn »

Follow us to receive Twitter updates when new discussions are posted in our forums:

Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:

Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:

News »

Sony introduces the digital camera ZV-1 for content creators
Posted 27-May-2020 12:47

Samsung Announces 2020 QLED TV Range
Posted 20-May-2020 16:29

D-Link A/NZ launches AI-Powered body temperature measuring system
Posted 20-May-2020 16:22

NortonLifeLock Online Banking Protection now available for New Zealand banks
Posted 20-May-2020 16:14

SD Express delivers new gigabyte speeds for SD memory cards
Posted 20-May-2020 15:00

D-Link A/NZ launches Nuclias cloud managed network solution hosted in Australia
Posted 11-May-2020 17:53

Logitech introduces new video streaming solution for home studios
Posted 11-May-2020 17:48

Next generation Volvo cars to be powered by Luminar LiDAR technology
Posted 7-May-2020 13:56

D-Link A/NZ launches Wi-Fi Certified EasyMesh system
Posted 7-May-2020 13:51

Spark teams up with Microsoft to bring Xbox All Access to New Zealand
Posted 7-May-2020 13:01

Microsoft plans to establish its first datacenter region in New Zealand
Posted 6-May-2020 11:35

Genesis School-gen has joined forces with Mind Lab Kids
Posted 1-May-2020 12:53

Malwarebytes expands into privacy with fast, frictionless VPN
Posted 30-Apr-2020 16:06

Kordia to donate TV airtime on Channel 200 to community groups
Posted 30-Apr-2020 16:00

OPPO A91 is a high specs mid-range smartphone
Posted 23-Apr-2020 16:44

Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.

Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron

Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.