This is just a correction for crazy price inflation. It worked out well for us. To buy our MG, we sold our 2020 Outlander PHEV Dynamic to Motorpoint. We bought it preregistered with nearly no miles on the dial for £24700 from a Mitsubishi dealer two years ago; it was registered by Mitsubishi HQ during the pandemic (they had a whole host of them preregistered, probably as a way to show at least “some” sales in the Covid slump when nobody was buying). That’s a car that retails for just shy of £40k. We sold it to Motorpoint just before Christmas, having had it for nearly two years and with 13k miles on the dial, for…£25800.
Our dealer had offered £24k for part exchange, I was expecting Motorpoint to do the usual “oh it has a scuff here or there so our offer is lower” but they paid what they offered, and we made a profit from a car for the first time ever. Note, I’ve been checking Motorpoint’s Website and the car hasn’t shown up there since we sold it. It’s currently not insured and not taxed. There are five other Outlander PHEVs for sale on their site, and they have been there since we sold ours; the price they are asking for them has dropped quite a bit but nobody’s buying. I think they just have a large stock of cars that they bought in at inflated prices and haven’t managed to sell…