monkeyhanger wrote: ↑Tue Sep 07, 2021 2:10 pm
I didn't include the finance contribution or grant in the discounts (all new prices below) to get to 8 -10%:
Life Pro Performance with Glacier White paint and East Derry wheels has a list (inc grant) price of £33550 and can be got for £26912 on DTD currently. That's a 19.7% discount inc grant and deposit, or 8.2% discount if you remove those first: £29300 > £26912. I paid a little more than that for mine - the RRP was about £800 higher then and I paid £27400 (DTD price was £27916 at the time).
My other car is a Family Pro Performance with Manganese Grey paint and East Derry wheels. List price = £36270 (before Grant etc), DTD price is £29390, and I paid £28250 for mine. So list is £32020 after grant and deposit contribution (new rules mean that paint and optional wheels don't add to grant threshold, base car is under £35k). DTD discount is 8.2% without considering grant and deposit contribution, my price was with 11.8% effective discount.
To get deals like that, you want to be dealing with a large group like Listers, Heritage, Lookers, JCT600 etc and aim for the end of a quarter to do your haggling - if offering you an amazing deal is going to nab the group a huge volume bonus, they'll lose money on that last car if they have to in order to get the bonus.
8% discount (excluding grant and deposit contribution) achievable just with current DTD prices.
Autotrader also frequently advertise in stock new cars near to DTD prices if you can't be bothered to wait.
First, I suspect you mean £33,550 excluding £2500 grant deduction.
But, I dispute your calculations.
List £33,550 PCP price £26,912.31. Real non- dealer discounted price without grant deducted = £26,912.31 + £2,500 government grant + £1,750 VW contrib' = £31,162.31
Real DTD discount = £35,550 - £31,162.31 = £2,387.69. This I think we agree is the actual DTD dealer discount.
DTD real % Discount = DTD discount/Full List Price * 100 (do not reduce list price by £2500).
£2387.69/£35,550 * 100 = 7.12% and not 8.2%
List £36,270. DTD = £29,390. DTD real discount = £36,270 - £29,390 - £2500 - £1750 = £2,630.
Real DTD discount = £2,630/£36,270 * 100 = 7.25% and not 8.2%
Please explain why I am wrong!
For Family Pro with metallic paint an East Derry alloys the current discount is c7.5%.
Remember, if the list price is £30,000 for an electric car and DTD cash price was £27,500 the DTD discount is £30,000-£27,500-£2500 = ZERO (£2,500 off is the government discount. It is not a DTD discount).
So DTD real % discount = £0/£30,000 * 100 = 0% No real discount.
DTD would falsely claim a discount of £2500/£30,000 * 100 = 8.3% Yet, they gave zero discount. The government knocked off £2,500. These are the false discount claims!
However, DTD prices appear unbeatable at the moment!
Regards