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Re:Trade-in values

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01 Mar 2024 11:49 #254718 by Micheal
Trade-in values was created by Micheal
Hi, I have an SZ4 40k miles in good condition full service history etc. Been offered a £5699 cost to change to a new SZ5. Any thoughts as to whether that is a reasonable proposition?
Thanks

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  • Lambert
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01 Mar 2024 12:03 #254719 by Lambert
Replied by Lambert on topic Trade-in values
If it is in budget then yes why not. An sz5 is always going to command a good premium.

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01 Mar 2024 12:08 #254720 by rogerzilla
Replied by rogerzilla on topic Trade-in values
Is the trade-in a gen3 manual, gen3 auto, gen4 manual, or a gen4 auto?  New SZ5s don't exist in Europe, so we need more info.

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01 Mar 2024 12:28 #254722 by Micheal
Replied by Micheal on topic Trade-in values
Sorry, put the wrong info in. The new car is the commercial, manual, the trade in is the Gen 4 SZ4 manual

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01 Mar 2024 12:55 #254723 by jlines
Replied by jlines on topic Trade-in values
So you’re looking to trade in a Gen 4 SZ4 for a new commercial Jimny? First thought is why? It’s the same car minus the rear seats and on top of that the commercial will command higher insurance and road tax. Long term your SZ4 is probably worth more because it’s got the seats and cheaper to insure & tax. Unless you’re looking to put the car through a business then I can’t see it being worth it.

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01 Mar 2024 12:55 #254724 by DrRobin
Replied by DrRobin on topic Trade-in values
I hope you have missed a digit out of the Gen 4 SZ4 trade in value of £5,699? I am not sure what year it is or condition but I would have expected it to be worth closer to £15,699 as a trade in.

When it goes on the forecourt it will be closer to £17,000 - £19,000 again depending on age and condition.

Robin

2020 blue SZ5 (one of the last to be registered in the UK)
Ex 2011 Blue Jimny SZ4
Northumberland Jimny Blog

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01 Mar 2024 12:59 #254725 by mlines
Replied by mlines on topic Re:Trade-in values
I think he means £5699 + the SZ4 to do the trade for the new car

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2003 M13 early KAP build.
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01 Mar 2024 13:01 #254726 by rogerzilla
Replied by rogerzilla on topic Trade-in values
I think it's rather finely balanced.  The LCV is just an SZ4 without back seats, so it's not an upgrade as such - you are just losing 40,000 miles and getting higher VED (I found insurance was absurdly cheap for the LCV). 

If you can get a better colour and (of course) a car with no rust and no wear, it may be worth it to you.  If you are tall, the LCV bulkhead will need to come out to achieve a good seat position, and that means taking out a lot of expensive parts that you've paid for.  Unless you like sitting bolt upright, 5'10" is about the limit. 

 

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  • DrRobin
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01 Mar 2024 13:05 #254728 by DrRobin
Replied by DrRobin on topic Re:Trade-in values

I think he means £5699 + the SZ4 to do the trade for the new car

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Oh yes, just re-read it.  I suppose that is probably about right.  Not sure I would go for it, but then he might not need a car and might be VAT registered, so that would make perfect sense.

Robin

2020 blue SZ5 (one of the last to be registered in the UK)
Ex 2011 Blue Jimny SZ4
Northumberland Jimny Blog

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01 Mar 2024 13:16 #254729 by Micheal
Replied by Micheal on topic Re:Trade-in values
Thanks all, yes it is SZ4 +£5.699 in return for the LCV

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01 Mar 2024 15:56 #254730 by 300bhpton
Replied by 300bhpton on topic Re:Trade-in values

Thanks all, yes it is SZ4 +£5.699 in return for the LCV
I suppose on the one hand you are saying that for just under £6k you can 'buy' a brand new Jimny. Although you may want to check what WBAC are offering as a comparison for the trade in value.

If your current example is a bit tired, worn or you can get some kind of tax benefit/VAT back. Then I can see that might also make sense.

On the flip side however, if yours is tidy with no issues. It will cost you essentially £6k to end up in exactly the same vehicle minus rear seats.

I don't think anyone here is qualified to say if it is a good deal for you or not.

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01 Mar 2024 16:50 #254733 by Micheal
Replied by Micheal on topic Re:Trade-in values
They improved the offer to £5,000 cost to change. Stated VED for the commercial is £180, need to check that.

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