General What's The Market Like At The Moment?????

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General What's The Market Like At The Moment?????

The little 500 is up for sale at the moment, at what I consider to be a fair price based on cars of similar & mileage, but in two weeks I've not had a single call.

Is it really slow out there at the moment?
A lot less newbies on the forum of recent Mark :(

How's the Honda going?
 
Assuming that all your adverts, like the one you have on here, say that the personalised reg is available "by negotiation", my advice would be to change that and say that the "valuable private plate is included in the price".

We have debated before just how valuable the plate is, and in my view it is not worth a great deal at all. More to the point, you might have to wait an awfully long time to sell it. Whereas selling it with the car makes your life a little easier, and people love a freebie.

Basically, it might make your car stand out a little, or at least make it look slightly better value.
 
Assuming that all your adverts, like the one you have on here, say that the personalised reg is available "by negotiation", my advice would be to change that and say that the "valuable private plate is included in the price".

We have debated before just how valuable the plate is, and in my view it is not worth a great deal at all. More to the point, you might have to wait an awfully long time to sell it. Whereas selling it with the car makes your life a little easier, and people love a freebie.

Basically, it might make your car stand out a little, or at least make it look slightly better value.
I tend to agree. I think a *500POP plate was something that was really common with the early adopters but isn't so popular with people buying them now.

RobinPJ makes a good point, the whole plate thing makes it all a little ambiguous. If I liked the look of the car (I do actually) and wanted to buy it I'd probably be put off by the fact that people selling personalised reg's always tend to want zillions of pounds for them. I would perhaps put a price on it or as Robin says, chuck it in as a freebie or if you genuinely feel that it's worth something, just include it in the price or sell it separately.

Slightly off topic, does anyone remember the plonker on ebay who we all messaged who was selling a 500 and wanted something silly like 15 or 20k for an 08 500 back in late 2009 purely because it had the plate K155AHA and she was thinking that some A-ha fan would pay thousands for a plate with the name of some 80's band on it.......
 
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A quick check with Parkers online guide suggests that used 500 prices have finally started to soften:

http://www.parkers.co.uk/cars/prices/used/fiat/500/hatchback-2008/39086/?yearplate=88

As a rough-and-ready rule of thumb, I'd say that if you can sell any typical small car after 3yrs/36k for half what you paid for it, you've done all right.

Not perhaps what you want to hear, but if you've had absolutely no response after advertising the car in several places for 2 weeks, you might just be asking too high a price.
 
I've just inherited a three year old low mileage Citroen C3 and have been told that as Citroen are doing such good deals on new ones the market for nearly new ones is depressed. I wonder if that applies to 500s as well.
 
I've just inherited a three year old low mileage Citroen C3 and have been told that as Citroen are doing such good deals on new ones the market for nearly new ones is depressed. I wonder if that applies to 500s as well.

I don't think that Fiat discounts the 500 anything like the way Citroen does.
 
The little 500 is up for sale at the moment, at what I consider to be a fair price based on cars of similar & mileage, but in two weeks I've not had a single call.

Is it really slow out there at the moment?


It is the old story the same with any make of car in the motor trade.When you want to buy they are in high demand,oh sorry no discount we cant get enough of them,but when you want to sell,oh its the wrong colour,wrong engine,wrong mileage,no one wants them these days.
Having said that,why not see if a Fiat main dealer wants to buy it?I sold my Panda to a Fiat main dealer and got the best price from him,a full £1000 more than anyone else offered. No one was more amazed than myself. It also cuts out the hassle and worry of selling private and the cost of adverts,and you know the cheque from a dealer will be kosher.
 
So many variables you just have to hope you strike lucky and someone is actually looking for exactly that car at exactly that time. As an example, when I sold my diesel (apart from nigerian scammers) I only got one reply and he said it was exactly what he was looking for, as it had the ESP option. I also got £1,000 more than the agreed P/EX price.

When I sold the TA, the same dealer I bought the car from 4 weeks earlier at a retail price of over £15,000 offered me £8,500 in P/Ex against a new 1.3 Diesel 95BHP. The Abarth dealer in Poole offered me £11,500. so go figure. :shrug:
 
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