'downgrading' at a dealer - will it hurt?
Discussion
I don't really use may main car anymore (2005 997 Carrera 2S) so am considering maybe getting more of a runaround for around half the price. Question is, if I walk into a dealer and try to do this, am I going to get well and truly bent-over because they'll assume I need to get out or am struggling to run the Porsche? Really don't want the hassle of a private sale if I can avoid it...
Anyone care to share similar experiences? I've always traded 'up' at a dealer in the past.
Anyone care to share similar experiences? I've always traded 'up' at a dealer in the past.
It will be fine, not forgetting that you'll get trade price for the 911, and pay retail money for the next one (just as in any PX deal).
What usually happens is people look on the classifieds here and on AT, find the dearest example of their swapper and expect that for it as a part ex, and money off the new car, which is never going to happen.
Go in with common sense and you'll be fine.
What usually happens is people look on the classifieds here and on AT, find the dearest example of their swapper and expect that for it as a part ex, and money off the new car, which is never going to happen.
Go in with common sense and you'll be fine.
You will get bottom price for the porsche and pay top whack for the run around.
Realistically this might 'cost' you upto £5k over selling your car private then buying the new one cash.
I've never found selling private that much of a hassle to be honest, yeah you get the numpties, but they just make for amusing anecdotes.
If you're in no hurry to sell and don't particularly need the money then take your time and make sure your car is well prepped.
Realistically this might 'cost' you upto £5k over selling your car private then buying the new one cash.
I've never found selling private that much of a hassle to be honest, yeah you get the numpties, but they just make for amusing anecdotes.
If you're in no hurry to sell and don't particularly need the money then take your time and make sure your car is well prepped.
I would perhaps try some Porsche dealers or Porsche independent specialist and see if they would buy the car without a trade down, the reason being if you trade down you will likely get less than book for the 911 and pay top dollar for the replacement car. Never good IMO
Had to do this a couple of years ago and I was being shafted royally, I ended up selling my 330d for 2k more privately and buying a replacement VW Golf at trade money, when it was time to upgrade I made £800 on the Golf and the 2k extra I got for the 330d paid for said golf so all in all not as painful as originally anticipated.
Oh and for what it's worth I couldn't be arsed with the private sale hassle, but I sold the car unseen and it was perhaps the most painless and easy sales I've ever had to do
Had to do this a couple of years ago and I was being shafted royally, I ended up selling my 330d for 2k more privately and buying a replacement VW Golf at trade money, when it was time to upgrade I made £800 on the Golf and the 2k extra I got for the 330d paid for said golf so all in all not as painful as originally anticipated.
Oh and for what it's worth I couldn't be arsed with the private sale hassle, but I sold the car unseen and it was perhaps the most painless and easy sales I've ever had to do
Know exactly how much you want for your Porker, and assume the dealer has anything up to £1,500 profit in said runaround.
If you play it wisely, you could get near to retail money selling the 997 privately, and with the cash in hand, pay near to trade price for your new runaround from auction. Win win! Granted, this may require a little patience, depends how quickly you want to get things moving!
If you play it wisely, you could get near to retail money selling the 997 privately, and with the cash in hand, pay near to trade price for your new runaround from auction. Win win! Granted, this may require a little patience, depends how quickly you want to get things moving!
For the sake of £100/200, yes I would gladly give up the hassle of selling a car privately. If we're talking £1000+ etc (which you WILL lose at a dealer) then it's worth the 'hassle' surely? If you price the car higher than a dealer book price, but lower than EVERYTHING else for sale private, it should go very, very fast, probably to the first person to view, and I'd imagine your end of the market you're less likely to get dodgy looking chavs coming round to view it.
ajb85 said:
Know exactly how much you want for your Porker, and assume the dealer has anything up to £1,500 profit in said runaround.
If you play it wisely, you could get near to retail money selling the 996 privately, and with the cash in hand, pay near to trade price for your new runaround from auction. Win win! Granted, this may require a little patience, depends how quickly you want to get things moving!
Please enlighten me as to why a dealer would want to sell a car at "near to trade price"? Or how guessing how much a dealer has across a car helps? What matters is what he will sell it to you at, not what he paid for it.If you play it wisely, you could get near to retail money selling the 996 privately, and with the cash in hand, pay near to trade price for your new runaround from auction. Win win! Granted, this may require a little patience, depends how quickly you want to get things moving!
markmullen said:
ajb85 said:
Know exactly how much you want for your Porker, and assume the dealer has anything up to £1,500 profit in said runaround.
If you play it wisely, you could get near to retail money selling the 996 privately, and with the cash in hand, pay near to trade price for your new runaround from auction. Win win! Granted, this may require a little patience, depends how quickly you want to get things moving!
Please enlighten me as to why a dealer would want to sell a car at "near to trade price"? Or how guessing how much a dealer has across a car helps? What matters is what he will sell it to you at, not what he paid for it.If you play it wisely, you could get near to retail money selling the 996 privately, and with the cash in hand, pay near to trade price for your new runaround from auction. Win win! Granted, this may require a little patience, depends how quickly you want to get things moving!
"pay near to trade price for your new runaround from auction" no suggestion there of him trying to get trade price off a dealer...
ajb85 said:
I don't think you've read my reply properly.
"pay near to trade price for your new runaround from auction" no suggestion there of him trying to get trade price off a dealer...
I don't know how long you've been out of the trade but as a private billy buying a small runaround at auction is far from cheap now."pay near to trade price for your new runaround from auction" no suggestion there of him trying to get trade price off a dealer...
markmullen said:
ajb85 said:
[quote]
I don't know how long you've been out of the trade but as a private billy buying a small runaround at auction is far from cheap now.
Still in the trade, and buying from auctions...I don't know how long you've been out of the trade but as a private billy buying a small runaround at auction is far from cheap now.
I did stipulate 'near to trade price'. I think if the OP is buying something reasonably late plate, then he'll still be in a better position buying from auction including fees etc then paying retail with a dealer.
There are some specialists who will sell the car on your behalf. I used Christopher Jackson at Alderley Edge when I sold my 997 C2 earlier this year. I have a feeling that a significant portion of his Porsche stock may be for sale on behalf of private vendors.
I found it a very painless experience - depending on vehicle condition etc you get an agreed price (somewhere imbetween trade price and retail price) and they sell the car for you through their showroom. They take care of car preparation, advertising, insurance, accompanied test drives etc plus they can offer prospective purchasers finance and warranty on the car (obviously at cost to the purchaser, but it can make it a more attractive/secure deal for some private purchasers). Mine sold in less than 4 weeks and I got exactly the price that I'd agreed up front.
I found it a very painless experience - depending on vehicle condition etc you get an agreed price (somewhere imbetween trade price and retail price) and they sell the car for you through their showroom. They take care of car preparation, advertising, insurance, accompanied test drives etc plus they can offer prospective purchasers finance and warranty on the car (obviously at cost to the purchaser, but it can make it a more attractive/secure deal for some private purchasers). Mine sold in less than 4 weeks and I got exactly the price that I'd agreed up front.
Windymiller said:
This is what I'm thinking. My car's very tidy but has over 60,000 miles on it, and a small mark on the bonnet plus one on the rear bumper that would both require the whole panel being painted. Plus no warranty. May give it a try anyway...
I trade cars on a small scale and my guess is your not going to get a great price for it, maybe £18500 so I think private sale is probably your best option.
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