Dealer trade-in
Author
Discussion

ajh

Original Poster:

4 posts

246 months

Tuesday 14th June 2022
quotequote all
What experience do owners users have on selling their cars back to the dealer without a trade-in as opposed to selling privately? I'm thinking especially about low mileage under 3-year-old models and what they lose in value?

GRD_72

181 posts

79 months

Tuesday 14th June 2022
quotequote all
An OPC will generally give you the worst price for your trade in, they will however do the most prep prior to selling it and subsequently charge the most for it. Expect the spread to be 8-10k on cheaper models (Macan) and even more on higher value cars.
My experience is that the OPC will offer about 2-3k less than WeBuyAnyCar price, independent dealers1-2k more and privately maybe up to 3-4k above the WBAC price. However, the higher the value of the car generally the harder it is to shift privately & having the Porsche warrantee intact or recently extended becomes very important.


Wilmslowboy

4,609 posts

226 months

Tuesday 14th June 2022
quotequote all
As above

If they plan to sell for £90k, they will offer mid to high £70's (even less if they believe it requires prep)
They will expect around a 12.5% margin (after prep)





andyeds1234

2,468 posts

190 months

Tuesday 14th June 2022
quotequote all
They will offer you £10k less than they will sell it for… minimum.
From experience, OPCs are the worst place to sell a car. Pretty much anywhere else will offer more.

av185

20,464 posts

147 months

Tuesday 14th June 2022
quotequote all
What car is it?

Robbo66

3,927 posts

253 months

Tuesday 14th June 2022
quotequote all
av185 said:
What car is it?
991.2 GT3..don’t worry…offered twice list, a house of his choice in Kensington and a PP 572/1a.
You have one of these don’t you ?…and there will be…


av185

20,464 posts

147 months

Tuesday 14th June 2022
quotequote all
Robbo66 said:
av185 said:
What car is it?
991.2 GT3..don’t worry…offered twice list, a house of his choice in Kensington and a PP 572/1a.
You have one of these don’t you ?…and there will be…

Rumour has it thrice list would currently be nearer the mark......

ajh

Original Poster:

4 posts

246 months

Wednesday 15th June 2022
quotequote all
av185 said:
What car is it?
A 718 Boxster GTS which I am still waiting for and intending to swop in 6-12 months. There don't seem to be many used around at the moment (there are more Caymans)

av185

20,464 posts

147 months

Wednesday 15th June 2022
quotequote all
ajh said:
av185 said:
What car is it?
A 718 Boxster GTS which I am still waiting for and intending to swop in 6-12 months. There don't seem to be many used around at the moment (there are more Caymans)
Not many around only 4 4.0 out of 10 GTS in total currently in the OPC network. Low numbers not helped by long lead times.

You will clearly get the best money April to August cabs are very seasonal and weather sensitive.

Depending on your relationship with your OPC this will dictate what they charge for selling your car. I generally pay £3k to £5k car dependent as do most customers. Stories of £10k to sell a £70k to £80k rarish car are largely internet myths if they want this try another OPC but personalIy wouldn't deal with any OPC unless I know them. OPCs will generally get you the best price and better than even the best Indies. Sale or return is the other possibility. Collecting Cars are a decent platform. Selling privately is a option but the car will have to be priced exactly right.

Other option is to use a good Indie such as JZM RPM Tek Romans or Redline but their prices are generally lower than OPCs and for obvious reasons.

pete.g

1,530 posts

226 months

Wednesday 15th June 2022
quotequote all
ajh said:
A 718 Boxster GTS which I am still waiting for and intending to swop in 6-12 months. There don't seem to be many used around at the moment (there are more Caymans)
If you’re swapping, then it will be a trade-in.

If you’re running it for 6-12 months and then aiming to sell, going back to the OPC is going to be the most expensive route.

If you’re buying on finance, you’ll pay 6-12 payments, plus a valuation that will be a minimum of £5k below what you paid and could be more.

Work it out in £ per mile and if it works for you, go for it, but if it’s on finance, what you’re actually doing is setting up a lease/rental deal with unclear terms/costs.