How much should I pay for a Peugeot 308 described as 'Trade'?

I have been offered a Peugeot 308 with 14700 miles on the clock, described as 'Trade' on the dealer's website, for £9995. What does 'Trade' mean in this context and what should I be wary of?

Asked on 24 January 2012 by Chilton1199

Answered by Honest John

The dealer is honestly telling you he is a trader, so you have consumer rights against him. Book retail for the car with 5 seats and 22k miles is £10,100; with seven seats and 22k miles it's £10,575.

Tags: car prices buying

Dear Honest John,

Please help me choose my next car. I would like it to have:

Similar questions

Committing Peugeotry

It’s time to change our car and we finally decided on a Peugeot 308S 1.6 petrol. We are looking for a fairly new low mileage vehicle. Most of the 308s advertised on the Peugeot dealers' website are 1.4...

Buying a used Volkswagen Golf - is this a good price?

Is £1895 reasonable for a Volkswagen Golf 1.6 SE. Year 2002 - manual. What would I need to look out for?

Can I expect much depreciation on the new Porsche Macan?

I have a new Porsche Macan diesel on order and have an early delivery slot (late April). Given it's now sold out for this year and no one has even driven it yet, do you think I could keep it for a year...

Related models