Just looking at the prices of used Mazdas and I feel like most sellers are dreamin if they think anybody will pay that much TBH.
Are Most People Selling Their Cars Dreamin'?
BargainHunterJohnnyB on 15/10/2023 - 10:48
Last edited 15/10/2023 - 11:17 by 1 other user
Last edited 15/10/2023 - 11:17 by 1 other user
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How much room is there in your experience?
At least 1k usually
On a car that is about $8k over priced?? Tell 'em they're dreaming…
I always haggled at least half the asking price, and its still unsold after 3 months lol. let them bleed….
@RTX9090Ti: Haggled down… and then you not gone through with the purchase?
You must have a lot of time on your hands.
@Eeples: I bet he has haggled at half the price and the seller has known that its not going to go anywhere.
Thats how I feel with lowballers.
3% YMMV
Solid 20% but plenty still dreaming after the COVID piece too so might end up being more. Set prices for a selection, make offers, don't get hellbent on a particular one and you'll get a good deal.
Its either pay the price or join the 12 month queue
This artificially created wait list even at the end of 2023 is crazy
glad to hear other people know it's artificially created
@Sinnerator: How is it artificially created? Just so they can sit on a $500 deposit for months instead of collecting the full profits from a completed sale?
@Euphemistic: @Euphemistic so they can sell cars and full price or even inflated prices for longer..
@cx5: That only works if everyone plays the same game. When other makers start getting their vehicles delivered sooner you start to lose sales to other brands that can supply.
nope, there's current car still and bus and train last resort.
Explains why Inventory Tesla's are popular, immediate delivery.
I don’t believe Tesla is that much more popular, it’s just ‘the only choice’
@ColtNoir: Which is why ‘the only choice’ is in quotes. I don’t literally mean you can’t get anything else, just that it’s the most common, easiest to get and the benchmark for EVs from the last few years.
It isn't always the case that the advertised prices are the prices they sell for.
Some never sell.That's what I mean - are they just fishing to see if they can get rid of their car or genuinely selling, etc?
Sometimes you see hobby cars for sale with a high price on it. Likely the wife is forcing them to sell it and they don't want to.
Funny thing about hobby cars is that the more you put into it the less you get out.
Put 50k into a car, you aren't getting half that back at sale time. Nobody wants someone else's problems
I think they’re still trying to sell them for Covid prices even though lots of cars are now back in stock.
If this helps my 2019 maxx sport 2L got an offer from one of those car buying companies of $25k, Carsales listed is $35k (2019 price was $37k).
Take 10% off listed and you’re probably getting the likely sale price.
I just sold two Mazda 3 Sedans (mine and my daughters) and got the asking price on both. I think it depends on the mileage and condition of the car when you are pricing it for sale. Both cars only had just over 30k one was 2018 max sport and the other was 2019 touring. Priced at 22k and 25k respectively. My son sold his 2017 Mazda 3 hatch with 52K to a dealer and got $17,800 as he had a couple of scuff marks on the front bumper.
Did you sell them to a dealer or privately? How much did you pay for them anyway? Mazda 3s hold their value, apparently.
Private sale for the first two and dealer for the third. $26k got $22k for 2018, $31k got $25k for 2019 and my son paid his Aunt $15k got $17,800 from a dealer for the 2017.
Sorry - you had THREE Mazda 3s in the family - you, your son and your daughter???
Damn - that is some brand devotion right there.Mazda 3s are darn good if you ask me.
3 Mazda 3s trump a Mazda 3
I know - I drive one everyday.
I have a 2014 Mazda3 SP25 sedan and I love it - but not one other person in my family drives a Mazda.@BargainHunterJohnnyB: Not really looking to sell it - I really love that car.
Its only got about 125k on the clock. Probably worth about 20k but I wouldn't sell for less than $25k.
Not bad for a ten year old car.@Almost Banned: maybbe you should ring up a dealer and see what they think and how much you could trade it in to make sure? :)
@BargainHunterJohnnyB: We all know dealer trade in price is a rip off.. but I was lucky I sold my 2017 Impreza top of range 62k km to cars24 for 25.2k last year july, I was so shocked
@BargainHunterJohnnyB: Why would you go to a dealer to "see what you can get for your car"?
They will grossly underpay you and try to sell it for a big profit.
@WhatWouldBiggieDo: Congrats on your new purchase.
Mine is an auto with leather interior - but I am sure the manual would be awesome too.
@Almost Banned: How is a 10yr old Mazda 3 with 125k worth 25k?
Mine is a 2012 Mazda with 80k driven, how much will mine be worth? From memory I bought mine for 23k brand new
@Homr: I know, reading is hard…
I said it was probably worth about 20k - but I wouldn't sell for less than 25k.@Almost Banned: oh sorry
How is a 10yr old Mazda 3 with 125k worth 20k?
Mine is a 2012 Mazda with 80k driven, how much will mine be worth? From memory I bought mine for 23k brand new
@Homr: Now googling is hard.
Try this:
https://www.carsales.com.au/cars/dealer/2014/mazda/3/sp25-ba…
Damn - that is some brand devotion right there.
My family used to be all holdens. My parents had one each, then I had one and my grandparents had two (one was an older EH model) and the other was a 2000. But still, some families are very devoted to brands. We would stuck with Holden if they were still around and Australian build. Now it is a mixture of Fords, Hyundai's, Kias.
Five Mazda’s actually as one of my other daughters and my mother have Mazda’s CX5 and Mazda 3 respectively. Two of the Mazda’s sold were replaced by a new CX5 and Mazda 3. The other one hasn’t been replaced yet.
I didn’t ask for your opinion Nasty Negative Nancy and Karen is not an insult it’s a person name. Looks like you have a habit of jumping in with negative comments, oh what a sad life you live.
Mazdas are brilliant cars. I never owned one!
First car we owned was a cheap Citroen, then a ford (worse experience), Hyundai, Kia, Nissan and Honda.I would have liked a Mazda but too expensive when we were looking. Always bought second hand. My next car will be an electric one most likely brand new via salary packaging. Most likely from 2025 onwards.
Don't kid yourself, no one's taking a Nissan, of all things, before a Mazda…..and I don't even like Mazdas.
Lol what a sad profile. You just spout random false narratives as if they're fact.
You probably think MG is a better car.
Used car market is unpredictable. You can list at whatever price you want. You can pay whatever you want. They’re no records of actual sale prices.
Just because it’s listed at $10k means nothing depends what the buyer thinks it’s worth.
Records would be useless for private sales anyway, as everyone understates price to minimise the stamp duty.
looking at the prices of used Mazdas
Examples?
Dealer: Used
Private sales in the same area are 5k lower
https://www.carsales.com.au/cars/details/2014-mazda-3-sp25-a…
10 year old car…. 17.5k
https://www.carsales.com.au/cars/details/2012-mazda-3-neo-bl…
12 year old xcarr 12.5lk
@BargainHunterJohnnyB: Wow, I bought a 2011 Mazda 3 with 79,000km for $8,500 over 3 years ago. Still have it, daughter uses it mostly. Its looking like a better buy every day.
@randomusername2017: something fishy about this one…. or the hood is a different colour to the rest of the body
@randomusername2017: Marketplace tho….
You see quite a few unusually low priced cars on there. As well as brand new iphones etc.
It's where the market is at now, same logic can and could be used against housing, food etc. We all know the housing market isn't worth what it is today but here we are.
Yeah but are they actually selling theses cars? There are some good deals out there… so it's got me wondering if the people charging 13k for a 2010 mazda 3 are actually selling them.
I'd paid 10k for a 2008 mazda 3 back in 2013 and back then that was a 5 year old car - these days the same model is going for 8k lmfao - shouldn't be more than 3-4 k
Yeah I totally get what you mean, I paid 17k for a used Mazda 2015 cx3 Maxx model with 40k on the odo, now the same car with more KMs is like 20k now from my research late last year.
The thing is, the pandemic was the blame in the sense that when people worked from home people didn't want to take public transportation and used car prices went up due to supply and demand.
.
Same thing when the pandemic started, I had an eye out at a Merc hatch and it was heavily discounted at 40k instead of 60k and I was about to bit but lucky I didnt. After maybe a year, the price is now 65k.Crazy
Yeah and the prices have already dropped… supposedly.
That's the question really. Cars like anything else are worth whatever buyers are willing to pay at the time.
'We all know" ??
The housing market IS worth exactly what it is currently…and will be worth more long term…just because some people can't afford it doesn't mean prices aren't worth it.
Simple, supply vs demand.
It's not as simple as supply and demand.
There's more to it with the price, housing isn't selling bananas at a supermarket.
I'm sorry mate but house prices will continue to rise in the long term whether you like it or not…revisit this post in 5-10 years.
Enjoy your bananas.
@JafferMoney: Why do you have a chip on your shoulder? I never complained about prices, I simply compared prices back then to now with cars, homes and food.
Go take your passive aggressive tone out of here
@hasher22: LoL you stated "We all know the housing market isn't worth what it is today but here we are."
Speaking for us all and saying something that is completely incorrect…
yeah but do you think that these cars are being sold or the sellers are just hoping to get rid of their current car for ass much as possible, then upgrade, but in the mean time they're happy with their current car (which they hope to sell at a profit or very little loss)… if you know what i mean.
If you really wanted to sell your 10 year old, 2013 mazda 3, you'd price it at 10k, not 15 lmfao
Yes, not ideal but if they are selling for those prices then that's what they are worth to buyers.
Yep, some people are clinging to the hope that they can recoup some of the over spending they did on that car during covid… Some are finding out that the market just isnt there any more.
Finally saw one of my first sub-$40k Tesla Model 3's the other day that wasnt 120,000+km. Seems these Ponzi scheme morons are starting to come down to reality as well.
That whole COVID period was nearly 4 years ago now.
2020-2021… it's the end of 2023 now…
Yep, I just send them a messaging asking if they are willing to separate the car and the pound of cocaine stashed in the glovebox.
It's (fropanity) stupid when you look at dealer sites and they an example is a car is $30k, but private sales want $42k for the same cars.
I buy a lot of bikes (and these are worse than cars for mark up) and all you do is just keep looking. There are plenty around and there is always one without drug money on it, or you put the one you want on your watch list and wait for the price to start dropping… after 4 weeks of no calls and no sale, they are more reasonable at wanting to cut a deal.
My favorite was a guy selling a Harley Davidson Livewire I was keen on. It was listed at $35k, dropped to $33k… got down as low as $28k… Harley announced that they would no longer be supporting Livewire in Australia, so no more Livewire bikes, this guy jacked his price to $37k… and it is now up to $43k… or $7k less than new… Meth is a terrible drug… :D
Yeah I mean I get it - people want to squeeze every last penny out of their potential investment.
Issue is the new car market still hasnt fully recovered. A year aga, pretty much all manufacturers were 4-24 months behind on delivery.
These are the stats as of August 23 : https://www.onlineauto.com.au/car-buying/car-buying-guides/n…
Toyota for example is still 6 month behind. So for people needing a car now they are to still source 2nd hand and thats where the price comes from. Im sure its a lot better now than it was 12-18 months ago though. Many 2nd hand cars were fetching over new car prices simply becuase you could ge tit now rather than wait 6-24 months. Just is what it is. If you arent in a rush then wait another 12 months and im sure the new car market will be back to pre covid times and 2nd hand car prices will have flat lined.
yeah true - you think in 12 months it'll be recovered?
Yep, that plus higher interest rates probably means the market for second hand cars (maybe cars in general) is weaker than it was when rates were low.
If they sell, they not overpriced ..
Yeah but how many of them are selling? Some cars are priced competitively, and they sell…
Can only keep an eye on them over time I guess, but even in the $80K+ bracket see many shift pretty quick (Cruisers / RAM's etc).
We were after a hilux for quite a while. Looked at second the second hand market for 6 months plus. They were all asking at least $50,000 for a 5 year old hilux with around 100,000km. Could not find anything close to reasonably priced so we bought a brand new one with a 5 year warranty for around $58,000.
If they were looking to actually sell their hilux, they'd drop the price.
THey've probably had their cars on there for months without selling them
Yeah, cars im looking at on car sales have been up for months, with atleast 5-10k price drops on most.
Still dont think they'll sell near what they are asking.
Yeah that's the website i've been using.
You monitor and keep tabs on the cars on there do you?
Yeah, when I'm looking at getting a new car at some stage I'll have a look and save a few of them.
But you can also click on "see pricing insights" and it should tell you hoe many price updates there's been. If there's been 3 or more, it will show the first price, second price from one of the updates and the current price. It will also show the date the prices were changed.
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Who pays the listed price for a second hand car? Always room for movement.