Don’t let the emotion of buying your new vehicle blind you to Dealer attempts to arbitrage your Purchase & Trade-In prices!

Used motor vehicles in Australia have experienced a surge in values recently & our Team have seen several examples of Dealers attempting to arbitrage clients purchasing & trading in vehicles.

Actual Example
A prospective client purchasing a VW was quoted the following:

Purchase Price $50,000
Trade-In Price $30,000
Net amount payable $20,000

Initially, they thought this was a good deal until they learnt their finance payout figure was $37,000!

At this point, the client contacted our Team to re-negotiate the transaction.

New Client Outcome:
Purchase Price $46,500 (a further 7% discount)
Trade-In Price $37,000 (a 23% trade-in increase)
Net payable $9,500

That is $10,500 in our clients pocket, not the dealers!

This highlights that clients don’t always know what a good deal is. Just as the Mortgage Industry does our Team prides itself on providing trusted advice, expertise & service to clients looking to Buy, Sell & Finance vehicles.

So, If you are looking at purchasing & financing a new vehicle, please reach out to us.