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APanda
Original Poster
374 posts
17 months
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I originally posted in General Gassing but have put it here and quoted below:
Posting for a non PHer friend who is sadly selling his Noble M400. He was going to place an ad in the classifieds but he's never sold a car like this privately before and is a bit wary, so I said it's probably a good idea to put the question to the all-knowing PH community.
He was originally going to give it to a dealer to sell but they would take a good chunk of the sale value as their profit, so we thought classifieds is probably best.
What he wants to know is – What is the best practice for selling a performance car privately? E.g. are there any scams / dodgy things to look out for. Any selling experiences or recommendations welcome!
Cheers
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JulesBliss
744 posts
27 months
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Send me a Pm.. Interested depending price etc
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sjc
6,774 posts
140 months
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APanda
Original Poster
374 posts
17 months
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sjc said: Told Ya! Cheers!
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node
731 posts
70 months
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How much is he selling it for? I have been asked twice this year if i am selling mine by random guys sending me private messages. I have been offered 40K cash, i have never put my car up for sale and i have no intention on selling  It would be very helpful to us all if you could let us know how much he eventually sells it for.Can you post up some pics of it?
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JulesBliss
744 posts
27 months
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although in answer to your original question.
Alot of it is common sense. Dont fall for the foreign buyer that is arranging everything through a shipping company. Normally they ask for a fee of £50 or so..A poorly worded email should be the first red flag! Dont leave the person with the car and keys alone Dont leave log book with the person and the car Dont let the buyer see too much of your property. They can very easily come back later and steal the car. Always have a mate or 3 around just incase they turn up with a car full of people intending on stealing the car. Depending on the amount of money, be wary of cash
You should be ok on here though. Most people looking for a Noble will have posted on here previously, Or if they are a current owner they may well be known on here.
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APanda
Original Poster
374 posts
17 months
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JulesBliss said: Send me a Pm.. Interested depending price etc PM sent by the way with seller's details
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node
731 posts
70 months
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joust
14,491 posts
129 months
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APanda
Original Poster
374 posts
17 months
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node said: How much is he selling it for? I have been asked twice this year if i am selling mine by random guys sending me private messages. I have been offered 40K cash, i have never put my car up for sale and i have no intention on selling  It would be very helpful to us all if you could let us know how much he eventually sells it for.Can you post up some pics of it? Been advised by the specialist that he uses to look after the car to let it go for just upwards of £40,000. I'll try and get some pics of the car to pop on here.
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sjc
6,774 posts
140 months
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joust
14,491 posts
129 months
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APanda said: Been advised by the specialist that he uses to look after the car to let it go for just upwards of £40,000. I'll try and get some pics of the car to pop on here. 40k from £62.5. Amazing lack of depreciation, warms my accountant's heart 
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sjc
6,774 posts
140 months
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joust said: APanda said: Been advised by the specialist that he uses to look after the car to let it go for just upwards of £40,000. I'll try and get some pics of the car to pop on here. 40k from £62.5. Amazing lack of depreciation, warms my accountant's heart  The last couple I know of went for over that figure, so it would seem that's a fair starting point now,assuming a well maintained example?
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APanda
Original Poster
374 posts
17 months
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sjc said: The last couple I know of went for over that figure, so it would seem that's a fair starting point now,assuming a well maintained example? Very well maintained, it's done 13,000 miles by the way, to answer your previous question. It spends most of it's time in a heated garage on a trickle charger and rarely goes out. He really doesn't want to see it go but needs must I guess!
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Rob_W
853 posts
84 months
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Try it at near 45k, don't ask, don't get and there's too few to set hard and fast rules.
(clearly I have no interest in inflating the price of M400s)
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5paulmv
609 posts
41 months
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second that 45 k same again not trying to influance price only seen 2 for sale in last year
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Libs
42 posts
18 months
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For info I got mine for just under £39k with just short of 17k on the clock from Kerridges last October. Seemes like a decent price now.
John
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sjc
6,774 posts
140 months
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Libs said: For info I got mine for just under £39k with just short of 17k on the clock from Kerridges last October. Seemes like a decent price now.
John Funnily enough, I told Steve that was too cheap!
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R0162
2,435 posts
34 months
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I told you sellers can control the market..;).. be wary of ones going cheap as owners that have cherished their cars tend to refuse to let them go cheap and would risk facing starvation instead...so now you know what happened when you on the news pics of a skeleton still gripping the steering wheel of a noble...
Simply many people would prefer to keep them rather than accept less than what they are worth...and sellers seem to be putting more well deserved worth on their pride and joy..
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Spindoctor
215 posts
70 months
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Prices are definitely firming then. When I bought my 3R 18 months ago, M400 values were in the mid 30s. What happened to the red one that Mole Valley had for sale for months in 2010? From memory that was up for sub-35k. Assuming it was a decent example that now looks like a bargain.
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