Porsche options that have impact on p/x value?

Porsche options that have impact on p/x value?

Author
Discussion

sootyvrs

Original Poster:

364 posts

141 months

Thursday 23rd October 2014
quotequote all
I was told my my local dealer that the only thing that affects the baloon MGFV when financing is PDK... unlike other marques e.g. BMW which take into account other options e.g Nav, Leather etc..

I know that perhaps sometimes it's model specific where some options will have a bigger impact on value when p/x'ing e.g. buckets on Cayman R, GT3 etc..

On main stream models does anyone in the "know" have an idea if any options on a Porsche that you get additional funds come p/x time and how much of a % do you get back on it?

For example... if you spec up PCM circa £2k come p/x will you get say £2k more for your p/x which would deem this option as a "no brainer" but is that really what realistically happens? I know some options will get you nothing in return e.g. Rear Wiper or Alu fuel cap...

We are mostly aware that options make a car more desirable when we are looking to buy but do dealers really give you that much more for certain options... for example if someone was to load their Porsche up with £10k of options (which is easy) will you really get a good % of that back in return?

Interested in your views and experiences...


mrdemon

21,146 posts

264 months

Thursday 23rd October 2014
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I thought PCM was worth 1k so you are still 1k out of pocket

PDK needs sports plus and PCM so that's 5.5k to get the full PDK experience
I guess you need all 3 items if you want to sell it private and have paddles not buttons.

For a part ex value I would only say the PCM for 1k more

And as you say PDK on some thing like a 991, but you wont get your 5.5k back !!

I just see options meaning I can sell my car private with no issue or hassle for 5k more than I can part ex it.

Edited by mrdemon on Saturday 25th October 16:31

andrew

9,953 posts

191 months

Saturday 25th October 2014
quotequote all
the dealer was insistent that we needed sat nav in order to stand a chance of ever selling our car

we desisted

a few years later when it came to the px quote, the sat nav was deemed irrelevant as [paraphrase]a five year-old sat nav is out of date and less use than a tomtom[/paraphrase]

smile

Callughan

6,312 posts

191 months

Saturday 25th October 2014
quotequote all
From my experience dealers aren't bothered on condition or spec mostly colours. I added P warranty and PSE and sold a few months after and got no difference in price when I called around.

Private would make a little more difference and desirable.

Edited by Callughan on Saturday 25th October 11:49

Koln-RS

3,849 posts

211 months

Saturday 25th October 2014
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Spec does make a difference, but dealers tend not to reflect it in their bids.

However, once it's on their forecourt, a well spec'd example will always be priced at a premium over a basic model.

Most buyers want all the desirable toys and will look for examples that have the nicest spec (all else being equal) - It definitely helps with a private sale, the extended warranty being a big plus.

sootyvrs

Original Poster:

364 posts

141 months

Saturday 25th October 2014
quotequote all
I have noticed a big difference with prices for similar age cars on OPC forecourts due to specification and additional options but I wonder if dealers when bidding for your car ignore this fact so that they pay less for your car and make a bigger markup when selling on...

I guess it's a little bit harder pill to swallow when ordering new and thinking that every optional extra you order will be worth near enough zero come p/x time!

SkinnyP

1,411 posts

148 months

Saturday 25th October 2014
quotequote all
sootyvrs said:
I have noticed a big difference with prices for similar age cars on OPC forecourts due to specification and additional options but I wonder if dealers when bidding for your car ignore this fact so that they pay less for your car and make a bigger markup when selling on...

I guess it's a little bit harder pill to swallow when ordering new and thinking that every optional extra you order will be worth near enough zero come p/x time!
I think this is very accurate.


Dave Thornton

218 posts

148 months

Saturday 25th October 2014
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SkinnyP said:
sootyvrs said:
I have noticed a big difference with prices for similar age cars on OPC forecourts due to specification and additional options but I wonder if dealers when bidding for your car ignore this fact so that they pay less for your car and make a bigger markup when selling on...

I guess it's a little bit harder pill to swallow when ordering new and thinking that every optional extra you order will be worth near enough zero come p/x time!
I think this is very accurate.
Yes. New options = secondhand markup

mollytherocker

14,365 posts

208 months

Saturday 25th October 2014
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The salesamn is doing his job. Upselling.

Every single option available will be a net loss to you. You NEVER recover the initial cost of options.

Put the options on that you want. Forget everything else.

robgt3

2,585 posts

161 months

Saturday 25th October 2014
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My last Aston had £27000 worth of options! When time came to get a valuation at 14 months old they made little or no difference at all

mollytherocker

14,365 posts

208 months

Saturday 25th October 2014
quotequote all
robgt3 said:
My last Aston had £27000 worth of options! When time came to get a valuation at 14 months old they made little or no difference at all
And even if they did, it would be 5k at most! 22k loss!

blueSL

610 posts

225 months

Saturday 25th October 2014
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I agree, much better to buy a model which is mostly an options bundle with a different model name than pick and choose. So a GTS makes sense compared to a cooking Carrera with the same options as does a turbo S compared to an up-specc'd turbo.

Anything cosmetic - which is, what, 80% of the available options - will count for nothing. They may make the car more saleable but may also count against you. I went for a ride in a friends 911 with an aluminium handbrake and was surprised how scuffed it was. Painted air vents are not going to prevent you being taken to the cleaners come re-sale. No point too having expensive wheels if they are scuffed.

Even functional options will do little. In spite of the comment about PCM, I think it's essential as is front axle lift for a GT3. I would pay more for rear wiper, parking sensors, cruise control and a handful of other options but mostly, you should assume a 100% write-off.

Edited by blueSL on Saturday 25th October 21:53

blueSL

610 posts

225 months

Saturday 25th October 2014
quotequote all
Continuing a train of thought, most here with centre lock wheels will think of them a hassle come tyre change time and where they are an option, this surely must count for nothing come resale. Ditto ceramic brakes where a disc failure (requiring both an axle to be swapped) costs £6000 and will blow the maintenance budget of many a secondhand buyer out of the water are probably another option which contributes nothing to resale value.

mollytherocker

14,365 posts

208 months

Saturday 25th October 2014
quotequote all
Yeh but the salesman says....

av185

18,433 posts

126 months

Saturday 25th October 2014
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Could be worse.........think of those disgruntled Ferrari buyers who only get a confirmed order of a car if a long list of expensive options are specified......hehe