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06-02-2007, 02:39 PM | #1 | ||
you've been dubbed..
Join Date: Mar 2006
Location: Sydney West
Posts: 415
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Hi guys,
Have been looking around at TE50's and found this car at Blues Brothers Autos, Homebush on Parramatta Road. The number plate is TE-5049 Asking price is $29999. I asked the dealer what would he take cash and he said he will not budge as it owes $40000 on finance and the gentlemen who traded in took out more finance on a Suburu. I thought it was illegal for car yards to put a car for sale that still owes finance. Can someone confirm this, as it is a nice car but would like to know some history and if indeed it still does owe finance (or if the dealer is lying), if so I will not be buying. Thanks for your time. Matt
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Volkswagen Golf GTI MKV - 165fwkw - 352.2Nm APR Turbo Back Exhaust, APR Torque Arm Insert, APR ECU, APR Fuel Pump, Oettinger Bodykit, Oettinger Intercooler, Oettinger RXX 19x8.5 Wheels, Dbilas Cold Air Induction, Neuspeed Front & Rear Swaybars, Forge Diverter Valve Anthracite Leather, Sat Nav, Xenons, DSG, Sunroof, 20% Tint |
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06-02-2007, 03:05 PM | #2 | ||
Hoon On The Rise
Join Date: Mar 2005
Location: Open Roads with Boost!
Posts: 9,924
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For starters perform a revs check.. www.revs.nsw.gov.au
This will tell you exactly where you stand. Given these circumstances, I would be consulting some help from dept fair trading, and other institutions before purchasing. Cheers
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Stomp 'n' Steer FGX-XR8 Manual, BFII E-Gas, '11 GSXR 1000 - Love 'em!
FPV Tickford Club of NSW - www.fpvclub.com |
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06-02-2007, 03:10 PM | #3 | ||
Miami Pilot
Join Date: Jan 2005
Location: ACT
Posts: 21,704
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A car dealer can only offer a car for sale that has clear title. So what the dealer probably means is that when they took possession of the car, they would have had to pay out the finance, which is more than what is on the for sale sticker now, but you can bet it would've been paid for by the guy who bought the subaru. Dealers don't trade cars to lose on them, they will still be mnaking their $4 to $5k profit on that.
Ask for the dealer principle and negotiate with him only. Offer them $25k; use redbook as a guide when arguing that price - they do it!. Negotiate it from there, but in the current climate, it's a buyers market, especially in the large car segment, and more especially in the V8 bracket!
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06-02-2007, 05:06 PM | #4 | ||
FTF Car Club NSW
Join Date: Dec 2004
Location: The Shire NSW
Posts: 1,791
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Matt should have also mentioned the car had a FPV-Tickford club sticker on it so if anyone knows who the owner is that would be good, be able to get a bit of history
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06-02-2007, 05:23 PM | #5 | |||
Krispy Kreme Donut Glazer
Join Date: Jan 2005
Location: Fully sick town,NSW
Posts: 867
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Quote:
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YOUR Best friend would bail you out of jail, but MYbest friend would be sat next to me whispering "I think we may have gone a little bit too far" AU1 XR8 Silhouette lowered 18" wheels, T2 Leather, custom dash and a loud Exhaust. Sold BA mk1 Gt Acid rush, Untouched, not no more it is lowered and has Black 19" fusions with a polished rim. And now with some very dark windows. Shopping car Ford Escape XLT V6 Sold Shopping car now is a Mitsubishi Outlander |
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06-02-2007, 05:30 PM | #6 | ||
Regular Member
Join Date: Jan 2005
Posts: 264
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It's been up for sale down there for a while I think. It was on consignment there for a while I was told. I think Choppsy knows who owned it.
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06-02-2007, 05:37 PM | #7 | |||
FTF Car Club NSW
Join Date: Dec 2004
Location: The Shire NSW
Posts: 1,791
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Quote:
yeah i reckon this would be the only way they would be doing it if money is still owed on it... |
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06-02-2007, 05:43 PM | #8 | ||
T3/Sprint8
Join Date: Jan 2005
Location: Australia
Posts: 16,655
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I looked at that TE long ago in that yard. A business friend thought I'd like the wheels that are on it, go figure that out lol....
Yes I'm sure Choppa knows a little about it from memory I asked him. Not in bad shape too.
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06-02-2007, 05:55 PM | #9 | ||
Fordless
Join Date: Dec 2004
Location: Sydney
Posts: 2,122
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They should be fairly negotiable it was there when I was looking for a new car & that was last April.
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06-02-2007, 06:02 PM | #10 | ||
335 kw of goodness
Join Date: Dec 2004
Location: south of Newcastle
Posts: 6,242
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Ive looked at that car & its fine, except for the butt ugly wheels. You should be able to get some nicer wheels for it.
Car yards have to garrentee title so buying the car shouldnt be a problem. It was a car lover that owned it by the look of the number plates.. Good price for a well kooked after car IMO..
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06-02-2007, 10:48 PM | #11 | ||
Donating Member
Join Date: Dec 2004
Location: Sydney
Posts: 430
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Apparently I know something about this car LOL
I remember the car at the club but cant think of the guys name. When I looked at it last May I think they had more money on it then. Offer him 25K take it or leave it. If it's been sitting there in the yard for 12 months they might be desperate to move it. Steve L.
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Secretary. FPV-Tickford Club of NSW |
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07-02-2007, 01:15 AM | #12 | ||
you've been dubbed..
Join Date: Mar 2006
Location: Sydney West
Posts: 415
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Thanks guys,
Appreciate the help. Will look do a REVs check and speak to the dealer principle on the weekend.
__________________
Volkswagen Golf GTI MKV - 165fwkw - 352.2Nm APR Turbo Back Exhaust, APR Torque Arm Insert, APR ECU, APR Fuel Pump, Oettinger Bodykit, Oettinger Intercooler, Oettinger RXX 19x8.5 Wheels, Dbilas Cold Air Induction, Neuspeed Front & Rear Swaybars, Forge Diverter Valve Anthracite Leather, Sat Nav, Xenons, DSG, Sunroof, 20% Tint |
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