Thinking of selling a car that Ive been given a trade in value on

Don't wait until Jan 2.

You have a deal that includes your current car.

That deal doesn't exist if you sell it privately.

Go to the garage and tell them you have sold your car and take it from there.

Just tell them your selling your car privately as you got a better offer. Don't wait until Jan 2nd as the dealer might have a buyer lined up for your existing car and your changing the terms of the deal. The same way I'm sure you wouldn't like it if you arrived on Jan 2nd and the dealer told you they actually sold your new car to someone else. Who knows the dealer might make you a better offer on your existing car to keep the deal if they have a buyer for your existing car.

Is the new car a factory order you placed or just a car the dealer has in stock? You might actually be able to negotiate some sort of discount off the new car now that you haven't a trade in. However discounts are very hard to come by on new cars these days but it's worth trying given the Polo doesn't sell in large numbers these days with everyone wanting crossovers. If the new car is just from dealer stock then it's worth trying a few dealers for a better price.

I know in current climate dealers are liking deals that involve a trade in as good stock is hard to get. Still, against a new car, its pretty much impossible for it to be a better deal than selling private.

They will have made trade in offer against full retail price to make trade in offer look as good as possible.

Op says his friend is beating this so unless they suddenly.attempt to charge above retail for the new price, I can't see how he can lose selling to friend.

BTW for sale at €20k (not a penny less)

182D 118d auto

UK import 10/2020

Speedo in miles with digital km readout

86000km

Full main dealer service history

New tyres all round (about to put two on)

6 months ago brake pads f/r and discs front

DPF sensor replaced (good for another 80k)

€5k worth of extras: leather seats (heated front), comfortable pack, parking sensors f/r

a few stone chips, paint scratches on bumpers, no dents

immaculate inside

average 53mpg since I've had it - daily motorway commute and farting about at the weekend

Easily achieves 60+mpg on long journeys

Any body putting up big miles needs this Covid mileage car!

NCT 07/24 & Tax 10/24

Next service 05/24 (probably need rear discs then)

Yeah, yeah, yeah.

Evidence?

I can see 15k private sales for SE models. What mileage is on yours? That dictates price too I suppose. Even still 20k private is pushing it for an m sport low mileage

Heres one for €15,950. Obviously it will sell for €15,000 or less after some negotiation. Nobody pays full asking price.

https://www.donedeal.ie/view/35421155

And heres one from a dealer with warranty and finance options for €20k. Why would anyone pay €20k for yours if they can buy from a dealer for the same price?

https://www.donedeal.ie/view/34983327

And I’d argue that the petrol models are more desirable in a small car like a 1 series. I don’t think an under powered 118d is very attractive, especially as an SE model.

And your Full service history doesn’t add much value unfortunately.

They are petrol though

If the new car has a stated price, surely it would be illegal to charge more than that subsequently?

It is of no consequence to the OP what profit the dealer would or would not make, only what the best deal is for them, so selling privately makes the most sense, they can pay for the new car whatever way they want, not what way the dealer wants.

Nobody ignored your assessment. You can assess the car all you want it will never be worth €20k😂

Good luck with the sale anyway.

Me personally, I’d rather have 14 less horsepower than listen to that tractor engine and deal with potential DPF, EGR, and Adblue issues. But obviously some people will rather diesel for longer journeys.

What I meant by underpowered is that its the undesirable 118d compared to the more powerful 120d.

Full service history doesn’t add much in the way of value. But it does make it more saleable of course.

Who's hijacking the thread now? More bullshit - it was a dealer's quote. You would pay another €6/7k for the privilege of a 2-year warranty and a nice polish. You won't find a 118d in any BMW dealership in the country.