What's the longest a dealer has kept a car for unsold?
Discussion
Another one from "School Garage"
This time a 993 GT2 RS that must have been there 3 years plus
http://www.classiccarshop.co.uk/Cars/porsche_993_g...
However it isn't a GT2 or an RS but a modified 993 3.6. No wonder he can't sell it at £45k
This time a 993 GT2 RS that must have been there 3 years plus
http://www.classiccarshop.co.uk/Cars/porsche_993_g...
However it isn't a GT2 or an RS but a modified 993 3.6. No wonder he can't sell it at £45k
Stock turnover makes sense in any commercial operation but I think it is more important with new stuff as when it ages it devalues, if the classic stuff sticks around, is kept warm and dry and the owner can afford to have his outlay sat around it isnt such an issue, I think a lot or first and foremost collectors and dealers second, judging by the prices in some of the classic mags back pages they must want to hold onto them, some ludicrous prices, but sometimes waiting for the right punter who wants that car is worth it.
When I worked at a traders, we had cars hang around, kind of a row of motley stuff, probably 10/12 grands worth, if one sold, great, if not it didn't matter as we spent all week driving newish XR Fords, Orion Ghia's and other bread and butter stuff back which went like hot cakes, remember bringing eight XR2's back on a Thursday, valeted them on Friday, the boss paid quite a bit for them considering it was the auction, bidding was strong but all eight went over the weekend making on average about £600 per car, lower than normal margin but sell that many you make a good profit, remember repeating that several times, so a few manky Carltons, Granada's, Talbot Horizons hanging around wasn't an issue, only when space for new stuff got tight did we do a run to the auction the other way to get rid of the dross. The Boss was an old tight arse though, would make a grand on a couple of cars and if feeling generous would get the chips for lunch or sump tough as boots Rump Steak for Steak butties at lunch, perhaps some bog paper for the staff toilet, I really earnt that ten quid a day, apart from the time I washed a Sierra with truck cleaner which kind of took the shine off the paint, cue a bit of a kicking from the Boss's son, he backed up when I came back with the pressure washer lance
When I worked at a traders, we had cars hang around, kind of a row of motley stuff, probably 10/12 grands worth, if one sold, great, if not it didn't matter as we spent all week driving newish XR Fords, Orion Ghia's and other bread and butter stuff back which went like hot cakes, remember bringing eight XR2's back on a Thursday, valeted them on Friday, the boss paid quite a bit for them considering it was the auction, bidding was strong but all eight went over the weekend making on average about £600 per car, lower than normal margin but sell that many you make a good profit, remember repeating that several times, so a few manky Carltons, Granada's, Talbot Horizons hanging around wasn't an issue, only when space for new stuff got tight did we do a run to the auction the other way to get rid of the dross. The Boss was an old tight arse though, would make a grand on a couple of cars and if feeling generous would get the chips for lunch or sump tough as boots Rump Steak for Steak butties at lunch, perhaps some bog paper for the staff toilet, I really earnt that ten quid a day, apart from the time I washed a Sierra with truck cleaner which kind of took the shine off the paint, cue a bit of a kicking from the Boss's son, he backed up when I came back with the pressure washer lance
Ray Luxury-Yacht said:
AndrewW-G said:
Ray Luxury-Yacht said:
Blimey, that's a long time for a mainstream model - are you SURE it's the same car, not similar ones?
There's one I see in Classic Car type mags - I think the dealer is 'School Garage' or something?
Anyway he's had a silver Ferrari 308 GT4 for sale in his ads for easily 6 years - still up for the same price as when I first saw it - £18,500.
It's described with phrases like 'rarely do you see them like this' and 'the nicest one we have ever seen.'
I would add 'rarely do you see them for such an unrealistic, stratospheric price in such an unloved, unpopular colour'
Would that be the Mondial 8 he's had for almost a decade? . . . . . over priced by £10k!There's one I see in Classic Car type mags - I think the dealer is 'School Garage' or something?
Anyway he's had a silver Ferrari 308 GT4 for sale in his ads for easily 6 years - still up for the same price as when I first saw it - £18,500.
It's described with phrases like 'rarely do you see them like this' and 'the nicest one we have ever seen.'
I would add 'rarely do you see them for such an unrealistic, stratospheric price in such an unloved, unpopular colour'
Is it nearly 10 years now??????!!!!!!!!!!
The sad thing is it looks quite nice - at £10k it would a great entry level Ferrari.
Most Ferraris are advertised at way over their selling price though - because most are SOR and are owned by greedy, unrealistic sellers.
forzaminardi said:
Sh*t! 5 speed gearbox! Mad innit, how many gears do you need?
What a bizarre garage. It has to be owned by some eccentric rich old geezer who thinks a Peugeot 405 is the last word in mid-market motoring excellence.
Classic Peugeot you say? That might appeal to someone who's bought a number of them over his life time. Does such a guy exist? What a bizarre garage. It has to be owned by some eccentric rich old geezer who thinks a Peugeot 405 is the last word in mid-market motoring excellence.
Sir Bagalot said:
Not possible. When a car is newly registered then it goes on the current plate. Unless it's 3 years old, then it will go on an age related. So if a 1980 MG was first registered in 1989 then it will go on a 1980 plate, but if registered in 1983 before its third birthday then it goes on a 83 plate.
Take the Capri 280. Came out on a D plate. Most are D's. Some are E's. There are 3 F's, and 1 G plate. Rumour has it there are three unregistered examples, and if you went to plate one of these it would simply go on a D plate as it's after the three year rule.
I had a mg midget built in 1980 but not registered until 1985 and it was on a B plate for the year of registration so perhaps the 3 year rule post dates the cars we are talking about.Take the Capri 280. Came out on a D plate. Most are D's. Some are E's. There are 3 F's, and 1 G plate. Rumour has it there are three unregistered examples, and if you went to plate one of these it would simply go on a D plate as it's after the three year rule.
Edited by Sir Bagalot on Thursday 12th April 20:02
Fox- said:
This continues to fascinate me. The C reg Astra? It hasn't been taxed since 1988! It was just 2 years old when it left the road. But oddly the Cavaliers last tax disc expired in 2004?
Me too... dates of liability are as follows:Cavalier - 01.09.2004
405 - 01.10.2003
Rover - 01.04.1992
Carlton - 01.07.1988
205 - 01.10.1998
Panda - 01.04.1996
"Newest" is the Cavalier, at 7 1/2 years - the Carlton has been there, as Fox- says, for 24 years. Utterly, utterly bizarre way of running a business.
Edited by CYMR0 on Friday 13th April 16:23
OdramaSwimLaden said:
AndrewW-G said:
Ray Luxury-Yacht said:
Blimey, that's a long time for a mainstream model - are you SURE it's the same car, not similar ones?
There's one I see in Classic Car type mags - I think the dealer is 'School Garage' or something?
Anyway he's had a silver Ferrari 308 GT4 for sale in his ads for easily 6 years - still up for the same price as when I first saw it - £18,500.
It's described with phrases like 'rarely do you see them like this' and 'the nicest one we have ever seen.'
I would add 'rarely do you see them for such an unrealistic, stratospheric price in such an unloved, unpopular colour'
Would that be the Mondial 8 he's had for almost a decade? . . . . . over priced by £10k!There's one I see in Classic Car type mags - I think the dealer is 'School Garage' or something?
Anyway he's had a silver Ferrari 308 GT4 for sale in his ads for easily 6 years - still up for the same price as when I first saw it - £18,500.
It's described with phrases like 'rarely do you see them like this' and 'the nicest one we have ever seen.'
I would add 'rarely do you see them for such an unrealistic, stratospheric price in such an unloved, unpopular colour'
CYMR0 said:
Me too... dates of liability are as follows:
Cavalier - 01.09.2004
406 - 01.10.2003
Rover - 01.04.1992
Carlton - 01.07.1988
205 - 01.10.1998
Panda - 01.04.1996
"Newest" is the Cavalier, at 7 1/2 years - the Carlton has been there, as Fox- says, for 24 years. Utterly, utterly bizarre way of running a business.
That is not a business. At a push, being extremely generous, it is a very, very, part time hobby. Cavalier - 01.09.2004
406 - 01.10.2003
Rover - 01.04.1992
Carlton - 01.07.1988
205 - 01.10.1998
Panda - 01.04.1996
"Newest" is the Cavalier, at 7 1/2 years - the Carlton has been there, as Fox- says, for 24 years. Utterly, utterly bizarre way of running a business.
Biker's Nemesis said:
Don't know who the bigger dork is, the owner, or the helmets telling him this "isn't a car for driving" FFS it's car! It's whole purpose is to be driven.k-ink said:
CYMR0 said:
Me too... dates of liability are as follows:
Cavalier - 01.09.2004
406 - 01.10.2003
Rover - 01.04.1992
Carlton - 01.07.1988
205 - 01.10.1998
Panda - 01.04.1996
"Newest" is the Cavalier, at 7 1/2 years - the Carlton has been there, as Fox- says, for 24 years. Utterly, utterly bizarre way of running a business.
That is not a business. At a push, being extremely generous, it is a very, very, part time hobby. Cavalier - 01.09.2004
406 - 01.10.2003
Rover - 01.04.1992
Carlton - 01.07.1988
205 - 01.10.1998
Panda - 01.04.1996
"Newest" is the Cavalier, at 7 1/2 years - the Carlton has been there, as Fox- says, for 24 years. Utterly, utterly bizarre way of running a business.
Maybe the owner is dead?
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