997.1 GT3 - 911 Virgin
Discussion
GT4RS said:
HokumPokum said:
that's why I prefer no SOR. either I price cheap or I hit the dealer bid.
I'm also bidding cheap on dealer cars. I think there's a lot of unrealistically priced cars out there.
Most SOR cars are crazy prices as the dealer has nothing to loose as it’s not his money. I'm also bidding cheap on dealer cars. I think there's a lot of unrealistically priced cars out there.
You here a lot of story’s about people getting burnt on SOR, there was a dealer in South Wales who lived off other people’s money until in got court!
South Wales is a very small place car wise and he tried to SOR two of my cars I had for sale at the time on PistonHeads, thank fully I wasn’t warned away from him once I asked a few questions.
If you're buying from an established Porsche marque specialist like 911V who have been around now for 20 years plus I'd say you're 100% safe. They won't take an SOR car for the sake of it. They have no need to unless they really like the car and feel the asking price is fair for the purchaser. Remember their business model is to try and buy the car and then sell it and they SOR only if the can't agree a fair purchase price.
I think the interesting one would be buying from somewhere like JZM. Say a £500k Carrera GT. JZM take their 7% coms and the engine lets go. Be interesting to see what happens in that scenario with SOR merchants.
Someone on here bought a rare 993 RS Clubsport as an investment from 4 * classics which didn't have correct RS engine or RS gearbox. I believe the buyer was stuffed and its in court now.
I think the interesting one would be buying from somewhere like JZM. Say a £500k Carrera GT. JZM take their 7% coms and the engine lets go. Be interesting to see what happens in that scenario with SOR merchants.
Someone on here bought a rare 993 RS Clubsport as an investment from 4 * classics which didn't have correct RS engine or RS gearbox. I believe the buyer was stuffed and its in court now.
Desert Dragon said:
If you're buying from an established Porsche marque specialist like 911V who have been around now for 20 years plus I'd say you're 100% safe. They won't take an SOR car for the sake of it. They have no need to unless they really like the car and feel the asking price is fair for the purchaser. Remember their business model is to try and buy the car and then sell it and they SOR only if the can't agree a fair purchase price.
I think the interesting one would be buying from somewhere like JZM. Say a £500k Carrera GT. JZM take their 7% coms and the engine lets go. Be interesting to see what happens in that scenario with SOR merchants.
Someone on here bought a rare 993 RS Clubsport as an investment from 4 * classics which didn't have correct RS engine or RS gearbox. I believe the buyer was stuffed and its in court now.
Which is why I said this several pages ago I think the interesting one would be buying from somewhere like JZM. Say a £500k Carrera GT. JZM take their 7% coms and the engine lets go. Be interesting to see what happens in that scenario with SOR merchants.
Someone on here bought a rare 993 RS Clubsport as an investment from 4 * classics which didn't have correct RS engine or RS gearbox. I believe the buyer was stuffed and its in court now.
Slippydiff said:
Which is why SOR has become/is often the best way forward for a lot of owners if they don't want the ball ache of selling privately. And though JZM and their ilk get a lot of stick on here, SOR in the current market is often the best way to give a prospective buyer the confidence they need to buy a modern (or not so modern) Porsche RS/GT car, with the added bonus that the likes of JZM and 911V can arrange finance too. However the choice of dealer is key with SOR.
As for the OPC spiel about "needing" £20k across a car to make £5k, I call BS, they're either buying the wrong cars (which need huge amounts of prep) or they're just plain greedy, nothing more, nothing less.
Stick to the established names and SOR ISN'T an issue.As for the OPC spiel about "needing" £20k across a car to make £5k, I call BS, they're either buying the wrong cars (which need huge amounts of prep) or they're just plain greedy, nothing more, nothing less.
Slippydiff said:
Desert Dragon said:
If you're buying from an established Porsche marque specialist like 911V who have been around now for 20 years plus I'd say you're 100% safe. They won't take an SOR car for the sake of it. They have no need to unless they really like the car and feel the asking price is fair for the purchaser. Remember their business model is to try and buy the car and then sell it and they SOR only if the can't agree a fair purchase price.
I think the interesting one would be buying from somewhere like JZM. Say a £500k Carrera GT. JZM take their 7% coms and the engine lets go. Be interesting to see what happens in that scenario with SOR merchants.
Someone on here bought a rare 993 RS Clubsport as an investment from 4 * classics which didn't have correct RS engine or RS gearbox. I believe the buyer was stuffed and its in court now.
Which is why I said this several pages ago I think the interesting one would be buying from somewhere like JZM. Say a £500k Carrera GT. JZM take their 7% coms and the engine lets go. Be interesting to see what happens in that scenario with SOR merchants.
Someone on here bought a rare 993 RS Clubsport as an investment from 4 * classics which didn't have correct RS engine or RS gearbox. I believe the buyer was stuffed and its in court now.
Slippydiff said:
Which is why SOR has become/is often the best way forward for a lot of owners if they don't want the ball ache of selling privately. And though JZM and their ilk get a lot of stick on here, SOR in the current market is often the best way to give a prospective buyer the confidence they need to buy a modern (or not so modern) Porsche RS/GT car, with the added bonus that the likes of JZM and 911V can arrange finance too. However the choice of dealer is key with SOR.
As for the OPC spiel about "needing" £20k across a car to make £5k, I call BS, they're either buying the wrong cars (which need huge amounts of prep) or they're just plain greedy, nothing more, nothing less.
Stick to the established names and SOR ISN'T an issue.As for the OPC spiel about "needing" £20k across a car to make £5k, I call BS, they're either buying the wrong cars (which need huge amounts of prep) or they're just plain greedy, nothing more, nothing less.
You think JZM would have deep enough pockets to fork out for a Carrera GT engine repair or worse still a new engine?
Unlikely to happen as not many drive them as intended but you see my point in an extreme situation (just as an example). I can imagine Russ' face
I don't think it is solely with the dealer. It is a big factor. You also have to consider the particular intricacies with test driving and insurance. IN general, someone with reputation to lose will in general protect that reputation especially if they rely on their reputation for other business besides SOR ie servicing/ repairs and are under the same brand.
By no means am I saying SOR is a bad product, I'm simply saying that it still needs to be priced realistically to move and there are other "dangers" associated with the product.
Selling privately has big drawbacks as well. Time, hassle, lining up finance etc.
By no means am I saying SOR is a bad product, I'm simply saying that it still needs to be priced realistically to move and there are other "dangers" associated with the product.
Selling privately has big drawbacks as well. Time, hassle, lining up finance etc.
Slippydiff said:
Stick to the established names and SOR ISN'T an issue.
Personally, I don't think you can ever say that. There is no 100% guarantee you won't get burned with anyone. The green dealer was particularly well thought of before he went bust and ripped everyone off.I personally inspected one car from (let's just say) one of the dealer's mentioned on this thread and found accident damage that they either didn't know about, or didn't disclose. I'm not talking about a replacement front wing either.
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