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lightning



Member Since: 23 Apr 2009
Location: High Peak, Derbyshire
Posts: 3368

United Kingdom 
Used prices
Ie been looking at the possibility of part exchanging my 2022 Defender 90 Commercial for a late model "Puma" Defender.

The part exchange offers are £37-38,000

l am not VAT registered. This seems low when l look at prices online, where there's nothing for sale anywhere near that price. The only ones under £40,000 have done close to 100,000 miles and the prices are all plus VAT.

Mine has done 24,500

I don't know how it works with dealers when l am not VAT registered. Can someone explain? Not everyone who buys a Defender Commercial/hard top is VAT registered, l wasn't.

How does that work if l part exchange it. They are offering me £37,000 so how does that work when the cheapest one l can find like mine is over £45,000 plus VAT.
Post #1074940 7th Sep 2025 1:00pm
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TexasRover



Member Since: 24 Nov 2022
Location: Paris
Posts: 1323

France 2002 Defender 110 Td5 DCPU Chawton White
I don't know about the UK VAT, but going through the car trade will never be a zero sum game. I would think a 20-25% markup for their "services" would not be unreasonable. So they give you 37k and then sell it for 45k.

To avoid that you have to through private sales where you will get a higher price for your car and you can buy a cheaper car, but private sales are normally a bit later in the lifecycle, it's obviously also much more hassle
Post #1074941 7th Sep 2025 1:22pm
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BigCol66



Member Since: 16 Aug 2020
Location: Mid Wales
Posts: 40

United Kingdom 
If an dealer buys your car with no vat then he should be able to sell it without adding any vat. Presumably you paid vat when you bought it and never claimed the vat back?
Post #1074947 7th Sep 2025 3:03pm
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lightning



Member Since: 23 Apr 2009
Location: High Peak, Derbyshire
Posts: 3368

United Kingdom 
Yes l paid VAT but couldn't claim it back.

So it would probably sell to someone in a similar position. l don't mind selling it for £37,000 if that's all it's worth. But looking online l can't find anything similar for under £50,000 including VAT.

There's a couple in the classifieds on this forum but few people can afford to buy one outright, they need dealer financing.

The dealers are all going off the price guides but they must be plus VAT for the Commercial version.
Post #1074955 7th Sep 2025 3:46pm
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90 Dreamer



Member Since: 13 Jul 2019
Location: Oop North
Posts: 2284

United Kingdom 2016 Defender 90 Puma 2.2 HT Corris Grey
The VAT (if applicable) is simply paid and then reclaimed - it’s not an inflated price or extra profit margin!!
If there is no VAT to pay then the truck will be sold with no VAT albeit (I think as its quite some time since I looked at it) the Dealer will be responsible for a very small amount of VAT on his profit due to the “Margin Scheme” - presuming they ate VAT registered
Post #1074956 7th Sep 2025 3:55pm
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Clemmo



Member Since: 03 Aug 2012
Location: Mile Oak
Posts: 1278

England 
Because you were not registered for VAT you never claimed the VAT back.
The vehicle is now flagged as “ VAT Paid”
It can never be sold + VAT..
Once sold VAT can never be reclaimed.
So… for anyone who can claim VAT back your vehicle needs to be 20% cheaper to be a viable purchase.
Dealers do not like VAT paid commercials as the market is limited.
The best buyer for your car is a private individual who is not VAT registered.
Clemmo Thumbs Up
Post #1074982 7th Sep 2025 8:19pm
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Clemmo



Member Since: 03 Aug 2012
Location: Mile Oak
Posts: 1278

England 
I know you are looking to change yours…but the longer you keep your car the difference between VAT Paid and VAT reclaimable diminishes with depreciation.
Post #1074984 7th Sep 2025 8:23pm
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XplusYplusZ



Member Since: 16 Aug 2021
Location: UK
Posts: 551

I'm selling my 3yr old 110 today for a decent chunk over the 'recommended' trade price, and far above the finance settlement figure. Even then, I know I'm still missing out on 3-5% of what I could make with more time selling privately.

So it seems like it is a good time to be selling privately (if you can be bothered to deal with the scammers and the tyre kickers).

I definitely would not part-ex it without negotiating pretty hard and comparing their offer with BAC/Motorway/Carwow. With the dealer having to take some risk, a time in inventory, warranty responsibility etc, they inherently over-protect themselves by diddling you.

WBAC seem to be a bit of a mid-ground. Not amazing, but also not terrible.
Post #1075010 8th Sep 2025 10:54am
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lightning



Member Since: 23 Apr 2009
Location: High Peak, Derbyshire
Posts: 3368

United Kingdom 
Mine has been on sale for weeks in the classified section of this forum with not a single enquiry. Priced at £40,000
lt's got quite a few extras on it from the factory and has been very well looked after including clear wax coat underneath etc.

So l am thinking, the dealer offer of £38,000 may well be all it's worth, despite there being nothing similar available for anything like that price.

Motorway are telling me it's worth £39,000 trade. WBAC says £33,500 !!
Post #1075025 8th Sep 2025 12:51pm
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Landy240



Member Since: 22 Jul 2024
Location: Merseyside
Posts: 34

United Kingdom 
I would think that most people on here already have a defender. I wasn't aware of this forum until after I bought one, and then I came looking for specific information.

A couple of weeks on Autotrader will give you a good idea of the true value.
Post #1075028 8th Sep 2025 1:23pm
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Munchie



Member Since: 31 Oct 2024
Location: Derbyshire
Posts: 68

United Kingdom 
I'd list it on Carwow- I did and it was much more than motorway and webuyany car. In the end i got a good offer at the auction i set a reserve price) but bettered it with a call to Sytner Sheffield who bought mine without any photos and a quick 15 minute check ath their site.
Post #1075040 8th Sep 2025 3:28pm
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