Great advice! I'd also add that if you're planning to pay cash don't tell the dealer upfront. They'll know immediately that they can't get you on the finance or a trade-in and you're going to have a tough time negotiating down the sticker price for the car. Negotiate the vehicle price first and once you're happy then discuss payment options and reveal your intention to purchase cash.
Yes I agree - I'm looking at a coupe Mercedes Benz at 15995 but I want it for £13880 - £14000 😉 any tips? - for my first car Would really be appreciated!
These videos are such a godsend for me as someone looking to buy their first car in the late twenties with no one to ask for advice! Will you have your negotiating video up soon? I got pre-approved for finance and was wondering why they were trying hard to get me to commit all week and now it all makes sense because its the end of the month! Also Ive been looking to buy a used vw polo 2013 which costs 8000 and I was being quoted £237 over 3.5 years. I've just worked out using your method this is 7%!! How can I get this down? Do I just ask directly to get 5% rate? It just seems odd that they can just pick a figure to use out of the blue...
alwaysjinxed thanks for your comments, I appreciate it. I will try and get other videos up also, it's hard going as I'm overworked at the moment haha :-) You can just say you want a 5% rate. Alternatively you can also work out the payments on 5% over 3 years and then take that figure and say you can't go above this payment, and don't want a longer term. Double check also what that monthly includes, if it's got extras such as service plans, or if it's just the car price at 7%. Remember and ask for some Mats and act offended when they say they can't provide. Then say " I assume it comes with a full tank of fuel" ---- nope again "ok does your garage include a free service" Haha it can go on and on :-) then whenever you feel like it be offended and say "this is terrible so far, add in 12 months road tax and I'll take it" After the 5% part is all sorted :-) Good luck and have fun doing it :-)
jason hounsell You mentioned in the video that you'd talk about negotiating in greater depths, and how use Your videos to get the best Possible outcome for a consumer etc... So was wondering if you could do a video on tips like that: I.e or what to do/not to do in a negotiation situation at a dealer etc... And maybe a quick video breaking down the different forms of finance available at a dealer , benefits/cons of each for different types of consumers etc (pcp, pch, hp) . Just a few thoughts that's all! :) Thanks mate
The things to know about PCP would be a good one. Addressing such topics as final "balloon" payments and whether you'd be wise to pay them / hand the car back.
Neil Jordan I'll make a video shortly on PcP as it is somewhat popular, and if explained and sold properly can benefit. A lot of sales people were poor and still are at explaining it, which left customers confused or out of pocket. Thanks for suggestions.
Please do a Video on Negotiating / Hagling - Yes I agree - I'm looking at a coupe Mercedes Benz at 15995 but I want it / saw it valued on compare the market for £13880 - £14000 😉 any tips? - for my first car Would really be appreciated
This was super useful thank you. I hope to buy a Nissan GTR in Jun/Jul so would love to see more in depth videos if you have the time? I’m especially interested to learn about negotiations of the vehicle and also how does finance work? Is it secured on the car itself? Can you get credit for a big car with a low credit score? I don’t have debts and so on, but because I had never used credit till recently, my score is low. I can genuinely easily afford the monthly payments, but will the low score hinder me? Thanks for the videos. Great stuff! 🙂👍🏻
Really good video and advice. Could you do one on how to improve your options (things to say, how to act, things that can be haggled/negotiated) when your pcp has run out and you’re looking for a new car/pcp agreement to start, including going from one car make dealership to another (example finishing a pcp on bmw to starting a new pcp on say jaguar)
Roman Pschenyckyj Yea, I have been trying to get around to making more, PCP videos have been asked for a lot, so likely would be the next one. Finishing the PCP at one dealership, and starting a new one is pretty straight forward. For the initial PCP hand back, you hand the car back to original garage to finish the contract, it's likely laid out in the contract who will be able to finalise it. Providing there is no negative equity (usually from going over miles etc) then hand it back, Then just go to the new garage fresh and open a new one, no trade in or hassle. If for some reason you have positive equity, then you can get it in cashback to lay as a deposit on new one, or drink some beer :-)
TIP would be. Remember dealers are a franchise.... Brand new vehicles. Each VW garage or Vauxhall garage are owned by different owners. So contact a few and keep going back to them to see if they can beat their competitors.
This is true also, although I have seen this backfire too as managers don't like being played off and can be petty. It did happen in a garage I worked in where someone came to view a car, Then went to their local end to have it imported over, and a fake deposit was placed on the car to lock it down, then the customer came back and got hardballed.
@@jasonhounsell3297 thanks for the reply buddy. I used carwow 1st then rang the garages up. As its new, I don't care where the car comes from. I've currently saved around £60 per month on finance. APR is 6.7%. my plan is to get a bank loan for 3.1% and pay it off after 1 month's payment as I get 2 free services and £2000 contribution due to the finance.. anything else I'm missing?
All this works okay, unless you are looking for a certain car or model, .....but I wouldn’t buy a Nissan just because I could get £200 off, when I was looking for a Golf.
Hello Jason, I found your email on the comment section of your TH-cam video on UK car buying tips, I wanted to message you for some advice, I am only 25 and a female, I have just graduated and my parents have given me a budget of £13,000 to buy a car and a graduation gift. The car I want is a MAZDA CX-3 2.0 SPORT NAV 5DR 2018 in grey that has done 31,000 miles, I have seen one priced close by at £13,931. A little over my budget. How much do you think I could try negotiate off the price to get it as close to my budget? They also have 2016(66) MAZDA CX-3 2.0 SPORT NAV 5DR 2016 in white that has done 36,000 miles for £12,988. I am worried they will push me towards that car, instead of the 2018 car. And also that the sales man won't take me seriously as I am a young female. I would really appreciate the advise.
How about if it’s a demo car what’s been used for test ... would you say it’s okey to book to view the car as the car is been used on demos Thankyou for advice x
As a car dealer all our vehicles are prepared to top retail standards, so there is no negotiation on the purchase, if you don't want to pay the screen price you won't be buying any of my cars.....However if YOUR part exchange has dents, scratches or service history is poor there won't be a deal on 'market price trade in'. This video is only applicable if your buying dross down the road. If the car your buying does not include all of the following, just walk away, full service history, a good quality warranty and be A1 condition .
I've never heard of a dealership that doesn't negotiate on the sticker price. I did also work at a Mercedes garage as well as a top end classics dealership briefly before leaving. I found that the more prestige the car is and more expensive the more the customer wanted to negotiate. I agree all cars should be prepared to a good standard and if your buying from a dealership (business) then the customer has rights if the car is not working as advertised. I agree that if your exchange is in rough shape then it's going to be worth less, The service history is a good resell point however shouldn't be applicable to the price of purchase for any other reason as your on site mechanics should be able to check it over with or without a service history.
HistoryFan476ad You're clueless, during this pandemic we've been the busiest in 15 years, currently there is a car shortage and vehicles are selling £1000's over book, prices across the whole range have gone through the roof. However new cars deals are plentiful at this present time.
I’m looking at getting a Honda Civic as my first car, the best deal and ideal spec model that I would prefer is at a dealership 60miles away, how would I go about negotiating with them because it is such a long distance and it is the ideal car, colour and spec that I want so there is some form of commitment and if they know how far I have come to view the car they know I have some commitment. Also I would need drive away insurance, or national delivery, how would I go about negotiating this? Thanks.
Richard Rawlo Hey, thanks for commenting. That's ok, you can still drive a little and be reserved. It's mainly your attitude that will determine the situation, however if you are worried about it, just look for one even further away and say that you seen a car there and might go have a look. Drive away insurance is common, that's not an issue, depending on the garage they might have something in place already or you might need to pay a little extra for 7 days insurance (depends on garage) It's a pretty common request. Just keep in mind for your first car that you can walk away of your not getting the deal or service you like, The more attached to a singular car you are, the harder it is to negotiate - for example if I was selling more specific car to someone, and there was only 2 for sale really then not very often would they negotiate very well, as I could just say "I understand, we could look for a similar kind of a car that would work or cheaper" or words to those effects, however I knew they were after only that car and would take it anyway.
Thanks Jason. Very helpful videos. The financing video was particularly interesting. In your example, you used 7% and 5%, and stated all dealers can offer 5% or better. How do you know what that lower benchmark is at any given time? Should I assume they can go as low as I could get from a personal loan, for example? Also, are you any nearer to uploading the negotiation video? I'd really like to see that! Keep up the good work!!
Steve Clark thanks for you comments, depending on your credit score, and etc as a general rule a personal loan should be able to get a better rate and is a preferred option for sure! A lot of people however don't have that option for a few reasons, however that's a very good point and should be your first choice.
Hello Jason, i really liked two videos about buying car. As first time buyer , this flat rates tips was really helpful .i really appreciate if i could somehow contact you via facebook,instagram,ect... to ask you few questions i have over buying. Many thanks if you could let me know how to write u message. Thanks man
Justas Mackevicius Hi, it's not weird. Dealers are fine if you are relaxed and just enjoy the process. However you can sometimes get better prices private if you have the cash on hand. However you might be more inclined private to have an inspection, by the AA for example as you don't really have a comeback if it's sold as seen. Unless you can prove they had prior knowledge they withheld at sale (however this is hard) Or at least do some homework on what common things to check when buying private, a mechanic would be better to give that advice however.
Hi mate, would it be possible to hop on a phone call with you, or just over email perhaps? Tomorrow at some point for advice on a first time buy? Quite a unique situation I have at the moment
jason hounsell Was the email received ok? Please don’t feel you need to reply right now, I understand what time it is😀. Just when you have a spare minute tomorrow perhaps, as my dealer ideally needs a deposit in the morning so that I can secure the car. So a little advice would go a long way. Thanks
Great advice! I'd also add that if you're planning to pay cash don't tell the dealer upfront. They'll know immediately that they can't get you on the finance or a trade-in and you're going to have a tough time negotiating down the sticker price for the car. Negotiate the vehicle price first and once you're happy then discuss payment options and reveal your intention to purchase cash.
Useful information, first time buying a car so it's a bit nerve racking!
Hi, can you make more videos on haggling? This is one of the best car buying videos I've seen!
Yes I agree - I'm looking at a coupe Mercedes Benz at 15995 but I want it for £13880 - £14000 😉 any tips? - for my first car Would really be appreciated!
These videos are gold. Thank you.
The video is very useful to me as a rookie in buying used car market
Some may disagree with me but I've just got a new car on a lease really enjoying it.
and we're still waiting on the Negotiation video
Jason, great videos! Looking forward to the negotiation one now. Thanks
Awesome tips👌
I should have seen this before. 🤕
Thank you for much for this advice. Really appreciated.
Great advice! Also do video on car subscription.
These videos are great, any more? Thanks invaluable information
Great video. Thanks so much. Off to buy a car tomorrow.
Great video! Would you be able to do the video with tips on buying used car for cash ?
Thanks
thanks 🙏🏻 for your useful information,can you please make video about PH and PCP finances
These videos are such a godsend for me as someone looking to buy their first car in the late twenties with no one to ask for advice! Will you have your negotiating video up soon? I got pre-approved for finance and was wondering why they were trying hard to get me to commit all week and now it all makes sense because its the end of the month! Also Ive been looking to buy a used vw polo 2013 which costs 8000 and I was being quoted £237 over 3.5 years. I've just worked out using your method this is 7%!! How can I get this down? Do I just ask directly to get 5% rate? It just seems odd that they can just pick a figure to use out of the blue...
alwaysjinxed thanks for your comments, I appreciate it. I will try and get other videos up also, it's hard going as I'm overworked at the moment haha :-)
You can just say you want a 5% rate. Alternatively you can also work out the payments on 5% over 3 years and then take that figure and say you can't go above this payment, and don't want a longer term.
Double check also what that monthly includes, if it's got extras such as service plans, or if it's just the car price at 7%.
Remember and ask for some Mats and act offended when they say they can't provide. Then say " I assume it comes with a full tank of fuel" ---- nope again "ok does your garage include a free service"
Haha it can go on and on :-) then whenever you feel like it be offended and say "this is terrible so far, add in 12 months road tax and I'll take it"
After the 5% part is all sorted :-)
Good luck and have fun doing it :-)
Great video thanks, please do the negotiation video!
Great advice, thanks 👍
Great information thank you
Hey man , great videos. Any chance of the follow up videos You promised ?
Richard ushiro-lumb Hi,
Thanks for your comments, much appreciated :-)
Do you have any suggestions for what you would want a video on next?
jason hounsell You mentioned in the video that you'd talk about negotiating in greater depths, and how use
Your videos to get the best
Possible outcome for a consumer etc... So was wondering if you could do a video on tips like that: I.e or what to do/not to do in a negotiation situation at a dealer etc... And maybe a quick video breaking down the different forms of finance available at a dealer , benefits/cons of each for different types of consumers etc (pcp, pch, hp) .
Just a few thoughts that's all! :)
Thanks mate
Richard ushiro-lumb Ill try and get some videos posted up for those points as soon as I can :-)
Thanks for your support :-)
The things to know about PCP would be a good one. Addressing such topics as final "balloon" payments and whether you'd be wise to pay them / hand the car back.
Neil Jordan I'll make a video shortly on PcP as it is somewhat popular, and if explained and sold properly can benefit. A lot of sales people were poor and still are at explaining it, which left customers confused or out of pocket.
Thanks for suggestions.
amazing mate
Please do a Video on Negotiating / Hagling - Yes I agree - I'm looking at a coupe Mercedes Benz at 15995 but I want it / saw it valued on compare the market for £13880 - £14000 😉 any tips? - for my first car Would really be appreciated
Good advice thanks
Can explain how the deposit part work and any calculation, but thank you for this amazing video
Great video... Thanks
What if I do admit I love the car but tell him there are plenty of these cars around for lower mileages and lower prices?
This was super useful thank you. I hope to buy a Nissan GTR in Jun/Jul so would love to see more in depth videos if you have the time?
I’m especially interested to learn about negotiations of the vehicle and also how does finance work? Is it secured on the car itself? Can you get credit for a big car with a low credit score?
I don’t have debts and so on, but because I had never used credit till recently, my score is low. I can genuinely easily afford the monthly payments, but will the low score hinder me?
Thanks for the videos. Great stuff! 🙂👍🏻
Really good video and advice.
Could you do one on how to improve your options (things to say, how to act, things that can be haggled/negotiated) when your pcp has run out and you’re looking for a new car/pcp agreement to start, including going from one car make dealership to another (example finishing a pcp on bmw to starting a new pcp on say jaguar)
Roman Pschenyckyj Yea, I have been trying to get around to making more, PCP videos have been asked for a lot, so likely would be the next one.
Finishing the PCP at one dealership, and starting a new one is pretty straight forward.
For the initial PCP hand back, you hand the car back to original garage to finish the contract, it's likely laid out in the contract who will be able to finalise it. Providing there is no negative equity (usually from going over miles etc) then hand it back, Then just go to the new garage fresh and open a new one, no trade in or hassle.
If for some reason you have positive equity, then you can get it in cashback to lay as a deposit on new one, or drink some beer :-)
great advice. jason
give us some more videos plz. ...
TIP would be. Remember dealers are a franchise.... Brand new vehicles. Each VW garage or Vauxhall garage are owned by different owners. So contact a few and keep going back to them to see if they can beat their competitors.
This is true also, although I have seen this backfire too as managers don't like being played off and can be petty. It did happen in a garage I worked in where someone came to view a car, Then went to their local end to have it imported over, and a fake deposit was placed on the car to lock it down, then the customer came back and got hardballed.
@@jasonhounsell3297 thanks for the reply buddy. I used carwow 1st then rang the garages up. As its new, I don't care where the car comes from. I've currently saved around £60 per month on finance. APR is 6.7%. my plan is to get a bank loan for 3.1% and pay it off after 1 month's payment as I get 2 free services and £2000 contribution due to the finance.. anything else I'm missing?
All this works okay, unless you are looking for a certain car or model, .....but I wouldn’t buy a Nissan just because I could get £200 off, when I was looking for a Golf.
very informative videos
it would help if you put a link to cap/glass
How much can you negotiate for a car that costs £2000?
Thanks
Probably £200-500 depending
good video man decent tips
Hello Jason,
I found your email on the comment section of your TH-cam video on UK car buying tips, I wanted to message you for some advice, I am only 25 and a female, I have just graduated and my parents have given me a budget of £13,000 to buy a car and a graduation gift. The car I want is a MAZDA CX-3 2.0 SPORT NAV 5DR 2018 in grey that has done 31,000 miles, I have seen one priced close by at £13,931. A little over my budget. How much do you think I could try negotiate off the price to get it as close to my budget?
They also have 2016(66) MAZDA CX-3 2.0 SPORT NAV 5DR 2016 in white that has done 36,000 miles for £12,988. I am worried they will push me towards that car, instead of the 2018 car. And also that the sales man won't take me seriously as I am a young female.
I would really appreciate the advise.
How about if it’s a demo car what’s been used for test ... would you say it’s okey to book to view the car as the car is been used on demos Thankyou for advice x
Man . Ur videos were very helpful as i had no clue about this 👌🏻
Good one.
Top man
As a car dealer all our vehicles are prepared to top retail standards, so there is no negotiation on the purchase, if you don't want to pay the screen price you won't be buying any of my cars.....However if YOUR part exchange has dents, scratches or service history is poor there won't be a deal on 'market price trade in'. This video is only applicable if your buying dross down the road. If the car your buying does not include all of the following, just walk away, full service history, a good quality warranty and be A1 condition .
I've never heard of a dealership that doesn't negotiate on the sticker price. I did also work at a Mercedes garage as well as a top end classics dealership briefly before leaving. I found that the more prestige the car is and more expensive the more the customer wanted to negotiate.
I agree all cars should be prepared to a good standard and if your buying from a dealership (business) then the customer has rights if the car is not working as advertised. I agree that if your exchange is in rough shape then it's going to be worth less, The service history is a good resell point however shouldn't be applicable to the price of purchase for any other reason as your on site mechanics should be able to check it over with or without a service history.
So then people won't buy your cars then, many more of you lot in the sea.
HistoryFan476ad You're clueless, during this pandemic we've been the busiest in 15 years, currently there is a car shortage and vehicles are selling £1000's over book, prices across the whole range have gone through the roof. However new cars deals are plentiful at this present time.
@@maverickmac9121 well good for you then, some people will be driven off still.
What about a big dealership such as Mercedes?
Is this just for used cars what's the deal.with brand new
What's the cap glass website address?
I’m looking at getting a Honda Civic as my first car, the best deal and ideal spec model that I would prefer is at a dealership 60miles away, how would I go about negotiating with them because it is such a long distance and it is the ideal car, colour and spec that I want so there is some form of commitment and if they know how far I have come to view the car they know I have some commitment. Also I would need drive away insurance, or national delivery, how would I go about negotiating this? Thanks.
Richard Rawlo Hey, thanks for commenting. That's ok, you can still drive a little and be reserved. It's mainly your attitude that will determine the situation, however if you are worried about it, just look for one even further away and say that you seen a car there and might go have a look.
Drive away insurance is common, that's not an issue, depending on the garage they might have something in place already or you might need to pay a little extra for 7 days insurance (depends on garage)
It's a pretty common request.
Just keep in mind for your first car that you can walk away of your not getting the deal or service you like, The more attached to a singular car you are, the harder it is to negotiate - for example if I was selling more specific car to someone, and there was only 2 for sale really then not very often would they negotiate very well, as I could just say "I understand, we could look for a similar kind of a car that would work or cheaper" or words to those effects, however I knew they were after only that car and would take it anyway.
Thanks for the help!
Thanks Jason. Very helpful videos. The financing video was particularly interesting. In your example, you used 7% and 5%, and stated all dealers can offer 5% or better. How do you know what that lower benchmark is at any given time? Should I assume they can go as low as I could get from a personal loan, for example? Also, are you any nearer to uploading the negotiation video? I'd really like to see that! Keep up the good work!!
Steve Clark thanks for you comments, depending on your credit score, and etc as a general rule a personal loan should be able to get a better rate and is a preferred option for sure! A lot of people however don't have that option for a few reasons, however that's a very good point and should be your first choice.
Hello Jason, i really liked two videos about buying car. As first time buyer , this flat rates tips was really helpful .i really appreciate if i could somehow contact you via facebook,instagram,ect... to ask you few questions i have over buying. Many thanks if you could let me know how to write u message. Thanks man
When the next car video ?
Hi, what was the website you mentioned for car valuations? Was it capping glass? Thanks in advance.
Cap guide, Glasses guide. 2 different guides
Hi mate, would it be possible to hop on a phone call with you, or just over email perhaps? Tomorrow at some point for advice on a first time buy?
I came from your interesting discussion with lunatic christians and stayed for this helpful advice lol
And buying from private owners........?
Weres the how to negotiating video??
You should always be "norn ka-metal"
You sound like you worked for AC :)
What a video
hiwjel💄💭💭👕🧤🧦🥜🥑🌰🥝🌰🥒🥜
I was thinking, if it is weird to buy a one year old car from a private owner, just to avoid dealing with a dealer?
Justas Mackevicius Hi, it's not weird.
Dealers are fine if you are relaxed and just enjoy the process. However you can sometimes get better prices private if you have the cash on hand. However you might be more inclined private to have an inspection, by the AA for example as you don't really have a comeback if it's sold as seen. Unless you can prove they had prior knowledge they withheld at sale (however this is hard)
Or at least do some homework on what common things to check when buying private, a mechanic would be better to give that advice however.
Also i'm guessing to be most aware of Finance Outstanding on a relatively new car.
Hi mate, would it be possible to hop on a phone call with you, or just over email perhaps? Tomorrow at some point for advice on a first time buy?
Quite a unique situation I have at the moment
Chris P My email is jasonhounsell@yahoo.co.uk
What's your situation?
jason hounsell I’ll send an email over now.
jason hounsell Was the email received ok?
Please don’t feel you need to reply right now, I understand what time it is😀.
Just when you have a spare minute tomorrow perhaps, as my dealer ideally needs a deposit in the morning so that I can secure the car. So a little advice would go a long way.
Thanks
sorry Hp