selling boxster s in winter...or should i wait till spring?

selling boxster s in winter...or should i wait till spring?

Author
Discussion

Adam B

27,273 posts

255 months

Wednesday 6th December 2006
quotequote all
K321 said:
its just that the car was bought only a year and a half ago at 36k from AFN Porsche in solihull..just 10,000 miles has been put on it..and i am amazed that it would sell at 25k..11k depreciation in a year?


a) you bought an outgoing model on what must have been the last day before the 987 came out
b) you bought from an OPC not privately
c) you paid too much - see a) and b)

what did you expect?

K321

Original Poster:

4,112 posts

219 months

Wednesday 6th December 2006
quotequote all
adam B ..lucky for me i didnt buy it..just have the job of selling it...
i knew it was a mistake buying a 986 model but at the time the 987 model ..you couldnt buy at the dealers
so its a 2005 model 986 ..one of the last ones built with 13,000 miles..black with all options..i think i can sell it for 27k.

thanks ettore for that

kayc

4,492 posts

222 months

Wednesday 6th December 2006
quotequote all
K321 said:
kayc but porsche dealers have this supposed porsche check on the cars and warranty etc


i think i may sell this porsche S at 26-27k then buy a cheaper S at 13k which is a bit older and more miles
Sorry chief but who cares?..the opc check is rubbish and the warranty is just as bad..same old bollox from me but dealers only have shit second hand cars or cars that the seller was desperate to sell..i have never found a second-hand car in any dealer good enough to buy..soapbox.My local dealer has a fantastic ex-dem 97 turbo for sale with 2k on the clock at list price...it currently sits under a tree covered in sap,6 bird shits on it..and 3 inches of water up the wheels..but you get a warranty from a company that dont honour it when you want them to so its worth buying..not....ranting

burriana

16,556 posts

255 months

Thursday 7th December 2006
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henry-f said:
There are always a couple of cheap snotters that rear their heads under cover of winter shitty weather


technical term Henry?


To answer the question - stick it up on P.Heads classifieds at a sensible price now, it won't costr you anything. If you don't sell it, take it off in Feb for a couple of weeks and then re-advertise with some fresh shots and re-worded ad.

Nothing to lose.

anniesdad

14,589 posts

239 months

Thursday 7th December 2006
quotequote all
burriana said:
henry-f said:
There are always a couple of cheap snotters that rear their heads under cover of winter shitty weather


technical term Henry?


To answer the question - stick it up on P.Heads classifieds at a sensible price now, it won't costr you anything. If you don't sell it, take it off in Feb for a couple of weeks and then re-advertise with some fresh shots and re-worded ad.

Nothing to lose.


yes

And I'm sure for a small fee, either Burriana or perhaps even Nervous ( yikes ) might help you out with the wording!

scotia_steve74

653 posts

228 months

Thursday 7th December 2006
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Just sold my 987 Box 2.7 (new sep 05, bose, p leather. 18 alloys, aac, sports whl) for 31k trade in to a dealer for a very well priced mk2 gt3. Even got a few things thrown in which helped!

Selling privately I know I could have got £29k, possibly 30k privately from the calls on Autotrader.

I would say that the comments about some dealer cars covered in car crap and tree sap are spot on. Reason why I didnt buy locally and travelled 400 miles to do so.

If buying 2nd hand i would go for the OPC warranty - it has helped me with an 11k box roof so far!! Although I would check the car over yourself - I mean everything though. Original Vin and other stickers under bonnet, boot. Under the car for damage/oil leaks, inside the oil filler cap, water resovior.... Check for overspray - look at brakes for wear (if it doubt compare to a new car in showroom)..... I also went as far as to check the gearbox while driving and various other things! hard work but worth it.

I took the decision to sell now - seem to be plenty of buyers for a good spec car. I see the Box values dropping further - maybe 500 a month as I heard Porsche have pre-reg'd a lot of 987's and supplied to dealers who previously had a shortage - could be wrong though....

I think you should get 26 to 27 in my view if it's a great spec and you find the right buyer. You're always going to lose with these cars - just stick it in a similar priced 993 if you want to save on depreciation a little...

Just all my personal humble opinion and is probably total boll0cks

henry-f

4,791 posts

246 months

Thursday 7th December 2006
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kayc said:
dealers only have shit second hand cars or cars that the seller was desperate to sell..i have never found a second-hand car in any dealer good enough to buy..


That`s because when we see you coming we hide them round the back for fear of breaking your record (the music variety) & leaving you with nothing to moan about.

Henry

kayc

4,492 posts

222 months

Thursday 7th December 2006
quotequote all
henry-f said:
kayc said:
dealers only have shit second hand cars or cars that the seller was desperate to sell..i have never found a second-hand car in any dealer good enough to buy..


That`s because when we see you coming we hide them round the back for fear of breaking your record (the music variety) & leaving you with nothing to moan about.

Henry
Very thoughtful of you Henry,but i would be more impressed if you or any other dealer could prove me wrong..i buy privately for 3 reasons..1)Cheaper 2)I find privately sold cars more genuine than second hand dealer cars 95% of the time,and 3)I like to meet the owner of the car as that gives me a clue to how the car has been treated.That technique has stood me in good stead for the last 50 vehicles so i shall continue to do it my way.thumbup

henry-f

4,791 posts

246 months

Thursday 7th December 2006
quotequote all
That`s where we are rather unusual, 90% of all our cars come to us directly from their private owners (rather than through the trade / auction). It allows us the oportunity to be our own buyer (rather than using a sales executive who knows nothing about cars and just wants to get you to underwrite the car at a big number).

Contrary to your perception it isn`t just "the crap" that we get offered. Not everyone is comfortable advertising and trying to sell their car. In fact I would even say the chap who isn`t too bothered about wringing the last few quid out of his car by selling privately is the same chap come service time who genuinely does get everything done regardless of cost as ultimately the money isn`t an issue.

We have some cars in stock which I would offer up as the best examples of their type. Similarly we have other cars that are selling more on price.

Henry

sleep envy

62,260 posts

250 months

Thursday 7th December 2006
quotequote all
henry-f said:
In fact I would even say the chap who isn`t too bothered about wringing the last few quid out of his car by selling privately is the same chap come service time who genuinely does get everything done regardless of cost as ultimately the money isn`t an issue.


not in my case

all my cars have been serviced on the button and had eerything done when needed although I sell my cars privately as I use that cashto put towards the next one so I need every penny

boxsey

3,575 posts

211 months

Thursday 7th December 2006
quotequote all
K321 said:

i think i may sell this porsche S at 26-27k then buy a cheaper S at 13k which is a bit older and more miles


One of those is going to cost considerably more than that. 13K will get you into a good 98/99 2.5 or a slightly younger CatD or LHD early 2.7.

timu23

121 posts

220 months

Thursday 7th December 2006
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sleep envy said:
henry-f said:
In fact I would even say the chap who isn`t too bothered about wringing the last few quid out of his car by selling privately is the same chap come service time who genuinely does get everything done regardless of cost as ultimately the money isn`t an issue.


not in my case

all my cars have been serviced on the button and had eerything done when needed although I sell my cars privately as I use that cashto put towards the next one so I need every penny


Totally with you Envy, What a load of old guff that is. The inference that if you sell privately you're the kind of owner who cuts corners on owning his car.

Can anyone guess what the difference was between Henry's 'bid' on my car and what I sold it for privately?

kayc

4,492 posts

222 months

Thursday 7th December 2006
quotequote all
timu23 said:
sleep envy said:
henry-f said:
In fact I would even say the chap who isn`t too bothered about wringing the last few quid out of his car by selling privately is the same chap come service time who genuinely does get everything done regardless of cost as ultimately the money isn`t an issue.


not in my case

all my cars have been serviced on the button and had eerything done when needed although I sell my cars privately as I use that cashto put towards the next one so I need every penny


Totally with you Envy, What a load of old guff that is. The inference that if you sell privately you're the kind of owner who cuts corners on owning his car.

Can anyone guess what the difference was between Henry's 'bid' on my car and what I sold it for privately?
What car?

timu23

121 posts

220 months

Thursday 7th December 2006
quotequote all
02 Boxster S with 41,000 on the clock.

kayc

4,492 posts

222 months

Thursday 7th December 2006
quotequote all
timu23 said:
02 Boxster S with 41,000 on the clock.

I expect you got about 20k for it...he probably bid 15k?

timu23

121 posts

220 months

Thursday 7th December 2006
quotequote all
You almost win the prize Kayc

Admitedly my car did have a bit of a story. When I got the car it had a full specialist history as the owner had a good rapport with his local place (where he bought it from) and took it there instead of an OPC. However, it was very well looked after by them. This was confirmed by it sailing through a major service with OPC Silverstone just before I sold it.

However, this was all factored in terms of my expectations of what it was worth, and indeed what i paid for it in the first place

Henry reckoned he might pay 14-15 but he didn't sound too interested. I sold it for 18.5k.

I understand where Henry is coming from. He has a well respected business and many people would rather sell to him (and those like him) rather than sell privately. But just because you are trying to maximise the value of your car does not mean you cut corners elsewhere.

You could see the other way. If a bloke sells him his car for 30% less than its value as a private sale, maybe that bloke doesn't give a toss about his car.

paracetamol

4,226 posts

245 months

Thursday 7th December 2006
quotequote all
He bid 4k less than my next best bid! Guess which I took...

However, he does somehow manage to buy stock so he must be getting it right on some..

What really irks me is that "bug buy" cr&p. The bug buy seems to be a 4k mark up just for the sake of it. If you want all the things that a dealer should do to prep and warrant the car then that is extra...so whats the point at buying at the bug price?

Cynically, I expect it an easy way to get punters in and hooked as the cars look better priced than an OPC and other specialists but by the time Henry's outfit have arranged to do what needs to be done to bring the car up to standard I bet there's hardly anything in it...just good marketing (

Edited by paracetamol on Thursday 7th December 15:41

kayc

4,492 posts

222 months

Thursday 7th December 2006
quotequote all
timu23 said:
You almost win the prize Kayc

Admitedly my car did have a bit of a story. When I got the car it had a full specialist history as the owner had a good rapport with his local place (where he bought it from) and took it there instead of an OPC. However, it was very well looked after by them. This was confirmed by it sailing through a major service with OPC Silverstone just before I sold it.

However, this was all factored in terms of my expectations of what it was worth, and indeed what i paid for it in the first place

Henry reckoned he might pay 14-15 but he didn't sound too interested. I sold it for 18.5k.

I understand where Henry is coming from. He has a well respected business and many people would rather sell to him (and those like him) rather than sell privately. But just because you are trying to maximise the value of your car does not mean you cut corners elsewhere.

You could see the other way. If a bloke sells him his car for 30% less than its value as a private sale, maybe that bloke doesn't give a toss about his car.
Nearly 25% bid/offer spread!eekBlimey those were the daysparty

timu23

121 posts

220 months

Thursday 7th December 2006
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I find all the scaremongering stuff about selling privately on the 911virgin site slightly irksome.

If you take the right precautions and strike up a degree of trust and mutual rapport with a potential buyer, selling privately can be a relatively stress free and enjoyable experience. (Until you P&J drives off into the distance and you're left with a empty feeling, of course)

Why are dealers the only people qualified to buy and sell cars? scratchchin

Who would stand to benefit the most if everyone stopped selling their Porsches privately tomorrow? scratchchin

The only car I have had that I didn't sell privately was my E36 M3 becasue I was put off the characters it might potentially attract

Edited by timu23 on Thursday 7th December 15:12

henry-f

4,791 posts

246 months

Thursday 7th December 2006
quotequote all
My comments were aimed solely at Kevin who maintains all cars at dealers are crap, I was merely offering a suggestion as to why that may not be the case.

Re: our bidding £4k less than another dealer that can sometimes be the case. If we aren`t particulalry looking for a particular car then we`re not going to bust our balls to own it. Someone else may have specifically wanted it for what ever reason. Presumably we hadn`t seen the car either, we try and be "realistic" over the phone rather than stringing people along until they get there. Finally we reject, or bid low figures for cars that we see potential faults with. Others may not spot those defects as is bourne out by the fact the cars often end up being sold by other dealers at a price whereby the fault can not have been corrected. I do vaguely remember discussing your car on here before and it wasn`t quite as clear cut as us being £4k under the next best trade bid. Re: the £18k Boxster - £15k unseen wouldn`t sound too out of the way for an outright trade bid.

Re: our pricing I think it is a very open way of offering cars. Often our bug price is equal to or less than privately offered cars and yet there is still an element of protection. Indeed we have an `04 986 for sale currently for £24,995, the original poster here is going to be offering a very similar car at £27-28k privately (yes his is an`05 registered car but it might as well be an `04 because it isn`t a 987).

When we sell a car at the retail price it gets properly serviced regardless of when it was last done and we act on the recommendations for additional work from the independent specialists carrying out the service. Even the main dealers aren`t that thorough chosing to service only the cars that are due within 3 months or 3k miles. All too often people buy cars from dealers on the assumption the will be serviced when in reallity all they get (at best) is an oil change and the basic required to drag it through an Mot.

Different people want different levels of hand holding and I`m happy we accomodate that.