Porsche at bca auction
Discussion
Am In the market for a late c4s and have found that Bca have a number of 911s entered via Porsche retail group.
The trade values are ridiculously lower than some that are advertised and the margins are mental in difference from what I am seeing on the Indy Adds .Is this a case that OPC have checked these cars out and are not good enough for resale, are they iffy to say the least? I have seen that some have an engineers report; and have a good grade with sensible mileage along with recent main dealer history. I have bought many a car this way; but am I led to believe when buying a Porsche that auctions are to be avoided?
The trade values are ridiculously lower than some that are advertised and the margins are mental in difference from what I am seeing on the Indy Adds .Is this a case that OPC have checked these cars out and are not good enough for resale, are they iffy to say the least? I have seen that some have an engineers report; and have a good grade with sensible mileage along with recent main dealer history. I have bought many a car this way; but am I led to believe when buying a Porsche that auctions are to be avoided?
harleywilma said:
Am In the market for a late c4s and have found that Bca have a number of 911s entered via Porsche retail group.
The trade values are ridiculously lower than some that are advertised and the margins are mental in difference from what I am seeing on the Indy Adds .Is this a case that OPC have checked these cars out and are not good enough for resale, are they iffy to say the least? I have seen that some have an engineers report; and have a good grade with sensible mileage along with recent main dealer history. I have bought many a car this way; but am I led to believe when buying a Porsche that auctions are to be avoided?
Last few through BCA I have seen in last 2 weeks have been a C4s 996 that did £4K over CAP clean (car was grade 3 which isn't CAP clean) and a 996 Turbo Tipronic that did £7K over CAP clean.The trade values are ridiculously lower than some that are advertised and the margins are mental in difference from what I am seeing on the Indy Adds .Is this a case that OPC have checked these cars out and are not good enough for resale, are they iffy to say the least? I have seen that some have an engineers report; and have a good grade with sensible mileage along with recent main dealer history. I have bought many a car this way; but am I led to believe when buying a Porsche that auctions are to be avoided?
Add onto that the ridiculous "buyers fee", £600 or more for a private man, id suggest buying from a keenly priced dealer or privately would be a much better bet
Visited BCA Nottingham a couple of years ago for a Porsche Auction. The cars were from the Porsche network and I'd say all had received paint or needed paint! My conclusion was that they end up at auction for a reason.
Also consider that you could be buying something with a nasty rev range report.
Also consider that you could be buying something with a nasty rev range report.
m33ufo said:
Visited BCA Nottingham a couple of years ago for a Porsche Auction. The cars were from the Porsche network and I'd say all had received paint or needed paint! My conclusion was that they end up at auction for a reason.
Also consider that you could be buying something with a nasty rev range report.
I did see one at P wood a couple of weeks ago 2005 c4s 997 47k patchy history poor paint scratchy chipped screen, It made 23750 booking at 21k.Was just wondering why Porsche retail was putting theirs through the auction and if anyone has had any experience good or bad! Also consider that you could be buying something with a nasty rev range report.
Magic919 said:
Some of the cars are too old for them to sell. Gen 1 997s can too expensive to get up to the standard needed for Porsche warranty.
There is a 2007 c4s 49000 last service md 41k cap clean £24600,I have seen these on opc £35k.A 997 cs 2009 pdk bit on the miles at 64k but grade 2 and sold all good ,cap clean £30,900.
A 2008 997 carrera with only 18k 31000 cap clean ! Put in by porsche what could possibly be wrong with that one??? Im not worried about paint as these do suffer from stone chips and almost unheard of buying one with original paint unless you bought from new !!!
Was told reliably by OPC technician that when trade in vehicles are checked for resale approx 30% of them fail to meet Porsche standard. For example a 911 may need a clutch , rads , tyres + a major service which could mount to £5k at dealer money = non profitable . Any car found with engine over revs automatically rejected. These are two ( very) typical examples found on a regular basis and these vehicles are sent direct to auction. Certainly not all have such major faults , many will be too high milage , lack of history or just too scruffy for resale at OPC. As at any auction take care .
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Many Thanks All for valued posts, Then it will be amazing to see people with that amount of cash then paying over book values for these cars at auction,Fortune favors the brave don't they say.I will go and watch out of interest and keep my hand firmly in my pocket, maybe report back on my findings.harleywilma said:
Many Thanks All for valued posts, Then it will be amazing to see people with that amount of cash then paying over book values for these cars at auction,Fortune favors the brave don't they say.I will go and watch out of interest and keep my hand firmly in my pocket, maybe report back on my findings.
It happens all the time. If it's not a specific "prestige" type sale then you'll get dealers of run of the mill cars who are in their own comfortable environment buying something they fancy running for themselves for a bit (or maybe just sniff a bigger margin than they get on mundane hatchbacks) and consequently will be happy to pay a bit over the odds trade value-wise, and may even be guided on this simply by what others are prepared to bid. Being surrounded by people they know, but with whom they are normally competing to buy (and perhaps to sell too), may make them even keener to show off by buying it (almost) regardless of cost. Some of them will be lucky and get good cars, some will get cars they think are good (ignorance is bliss) and some will have a big dose of buyer's remorse in the hours/days/weeks to come.harleywilma said:
Am In the market for a late c4s and have found that Bca have a number of 911s entered via Porsche retail group.
The trade values are ridiculously lower than some that are advertised and the margins are mental in difference from what I am seeing on the Indy Adds ?
You will find actual sale prices will be much higher , or at least that is my experience The trade values are ridiculously lower than some that are advertised and the margins are mental in difference from what I am seeing on the Indy Adds ?
harleywilma said:
Am In the market for a late c4s and have found that Bca have a number of 911s entered via Porsche retail group.
The trade values are ridiculously lower than some that are advertised and the margins are mental in difference from what I am seeing on the Indy Adds .Is this a case that OPC have checked these cars out and are not good enough for resale, are they iffy to say the least? I have seen that some have an engineers report; and have a good grade with sensible mileage along with recent main dealer history. I have bought many a car this way; but am I led to believe when buying a Porsche that auctions are to be avoided?
Cars end up in auctions because there is something wrong or they are too old. But that something wrong could be as simple as an over rev but because of that cannot be sold at an OPC.The trade values are ridiculously lower than some that are advertised and the margins are mental in difference from what I am seeing on the Indy Adds .Is this a case that OPC have checked these cars out and are not good enough for resale, are they iffy to say the least? I have seen that some have an engineers report; and have a good grade with sensible mileage along with recent main dealer history. I have bought many a car this way; but am I led to believe when buying a Porsche that auctions are to be avoided?
s3nick said:
Cars end up in auctions because there is something wrong or they are too old. But that something wrong could be as simple as an over rev but because of that cannot be sold at an OPC.
Am I right in thinking this may not apply to the 997 pdk ?? And can someone point me in the direction of the keenly priced independent!Edited by harleywilma on Monday 11th May 17:15
harleywilma said:
Am I right in thinking this may not apply to the 997 pdk ?? And can someone point me in the direction of the keenly priced independent!
Nope you are wrong. I have heard of people with tips and pdk being rejected warranty claims due to over revs too. stupid aye!!!Edited by harleywilma on Monday 11th May 17:15
Over revs to me is a get out clause for Porsche to fix a car under warranty plus its also a way of making the car market smaller in the sense if a car has over revs it's worthless but this is not the case IMO. As long as you find a car you like and it's well maintained then you should be fine but if you care about warranty then you have to Pay that bit extra.
Good luck.
Edited by s3nick on Monday 11th May 21:16
s3nick said:
Nope you are wrong. I have heard of people with tips and pdk being rejected warranty claims due to over revs too. stupid aye!!!
Over revs to me is a get out clause for Porsche to fix a car under warranty plus its also a way of making the car market smaller in the sense if a car has over revs it's worthless but this is not the case IMO. As long as you find a car you like and it's well maintained then you should be fine but if you care about warranty then you have to Pay that bit extra.
Good luck.
I'm based in east sussex and am looking for 2007/8 c4s tip, sport chrono, pse,pasm etc etc
low mileage etc etc. Have been looking at dealers and auction, but guess its just a waiting game now.
Over revs to me is a get out clause for Porsche to fix a car under warranty plus its also a way of making the car market smaller in the sense if a car has over revs it's worthless but this is not the case IMO. As long as you find a car you like and it's well maintained then you should be fine but if you care about warranty then you have to Pay that bit extra.
Good luck.
I'm based in east sussex and am looking for 2007/8 c4s tip, sport chrono, pse,pasm etc etc
low mileage etc etc. Have been looking at dealers and auction, but guess its just a waiting game now.
Edited by s3nick on Monday 11th May 21:16[/footnote]
[footnote]Edited by harleywilma on Tuesday 12th May 19:07Gassing Station | Porsche General | Top of Page | What's New | My Stuff