I've just bought some poverty Pork ....

I've just bought some poverty Pork ....

Author
Discussion

ATM

10,059 posts

167 months

Monday 18th November
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Rosewood Red said:
OldSpeed said:
If you can show me a £5k S with FSH, recent IMS, clutch and suspension refresh, Michelin Pilot sports and a hard top in a nice shade of dark blue I’ll take it!

I have viewed a few 2001-03 2.7s in the 4-5k bracket and most seem to need work (weeping RMS, clutch, exhaust, suspension, rads, wheel refurb, mismatched tyres, interior wear etc). I’d say £3k+ investment needed to bring anything in that price bracket properly up to scratch?

Realistically I think this is an £7k car plus subjective colour premium?
Agree with you there. For an S with circa 100k, FSH, and with all the bits mentioned above sorted, would expect to spend between £6k and 7k.
That Riviera one also has a hardtop. I think a decent car with all of that at 100k probably more like £7000 - but please show us any you find at £6000. 50k more like £10000.

cmoose

45,317 posts

177 months

Monday 18th November
quotequote all
Ye olde buy-sell spread relevant here, I feel.

If you bought that today for £10,000 not totally convinced it would fly out the door privately at £5,000k tomorrow. It would be interesting at £5, don't get me wrong, but I dare say not uber cheap. Simply because miles. Dealer margin plus colour premium = potential to lose quite a bit turning it around quickly. Again, simply because miles.

Think for the bulk of the market value is dictated by mileage, cosmetic condition a correct service stamps in book, not things like suspension refreshes. A lot of the market will see major work like that as almost a bad thing - had to have the suspension refreshed? Must be a problem car / abused.

There are still quite a few low mile 986s out there and I suspect the vast majority of people willing to pay £10k for a 986 will want much lower miles than that. Make no comment whether that makes sense. If I was concerned resale, personally wouldn't want to pay much more than £6k. Mileage simply too high. Very small market for premium priced 986 with high miles, I feel!

Thus it will doubt doubt disappear today for full asking (though it has been around for at least a little bit already...)!

ooid

1,599 posts

48 months

Monday 18th November
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No offense but someone should pay me at least 10k to own a vehicle with that colour.. hehe

Shield your eyes....

ferrisbueller

23,725 posts

175 months

Monday 18th November
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It's a good colour IMO.

I wouldn't like to be the one left trying to sell it though.

2Btoo

1,280 posts

151 months

Monday 18th November
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It's raised an interesting debate about why you buy a car; because you like it or because you think it won't cost you (too) much. I know that there are as many answers to that as there are buyers but I can see the appeal of buying something because you like it even though not many others will.

(I'll admit - I'm biased. I bought my 987 Cayman with a VERY red interior because I love it although I understand that I may have a bit of a game selling it on in due course.)

ATM

10,059 posts

167 months

Monday 18th November
quotequote all
2Btoo said:
It's raised an interesting debate about why you buy a car; because you like it or because you think it won't cost you (too) much. I know that there are as many answers to that as there are buyers but I can see the appeal of buying something because you like it even though not many others will.

(I'll admit - I'm biased. I bought my 987 Cayman with a VERY red interior because I love it although I understand that I may have a bit of a game selling it on in due course.)
Pics?

Mark-r0xn8

7 posts

16 months

Monday 18th November
quotequote all
ATM said:
ATM said:
ATM said:
Also this

2009
Gen 2
2.9 manual
94000 miles

https://www.ebay.co.uk/itm/283672239924

There is a standard looking 2.9 with 17 alloys and only 65000 miles on ebay now for 11999 and it is a more genuine looking dealer so I think this needs to be below the magic 10 to make it a deal.
Bidding ended on £8901 which looks very cheap to me. Either someone got an absolute bargain or the house won and therefore will be listing again quickly.
Auction above £8901 was won by a bidder with zero feedback.

Strangeley, same Boxster LX09 XJY has now been relisted.

https://www.ebay.co.uk/itm/2009-PORSCHE-BOXSTER-2-...



Mogul

2,408 posts

171 months

Monday 18th November
quotequote all
Another (true) poverty pork passed through the carswithnointegrityreading this evening.

A smart enough looking 986 2.7 appears to have found a new home at £3,300 which doesn't sound too bad but the bid history is revealing...

6***r(314) must have thought he was in with a chance at £2,560.00 with 4 seconds to go but the winner was k***k(454) who bid 'at least' £3,300 and will be required to pay that much to close the deal because 'a mystery bidder' with no history a***9(0) entered the fray an hour or so before the end and left a depth-charge bid at £3,200 which looks awfully like a proxy reserve price for this auction...





ferrisbueller

23,725 posts

175 months

Monday 18th November
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Nice sleuthing of not so nice behaviours.

jakesmith

5,487 posts

119 months

Monday 18th November
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Report them to eBay, they will easily be able to see if it is shilling from the bidding patterns across many of their auctions and their IP

ATM

10,059 posts

167 months

Tuesday 19th November
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jakesmith said:
Report them to eBay, they will easily be able to see if it is shilling from the bidding patterns across many of their auctions and their IP
Not if they use 3g type mobile connection which uses your phone network ip.

Rosewood Red

403 posts

101 months

Tuesday 19th November
quotequote all
ATM said:
That Riviera one also has a hardtop. I think a decent car with all of that at 100k probably more like £7000 - but please show us any you find at £6000. 50k more like £10000.
Agree with you there, was talking sans hardtop.

jakesmith

5,487 posts

119 months

Tuesday 19th November
quotequote all
ATM said:
Not if they use 3g type mobile connection which uses your phone network ip.
They can’t have that many shill accounts set up especially with decent feedback.
They move a large volume of items. It would be obvious to eBay if they had the will to sort it... big if I guess

ATM

10,059 posts

167 months

Tuesday 19th November
quotequote all
jakesmith said:
ATM said:
Not if they use 3g type mobile connection which uses your phone network ip.
They can’t have that many shill accounts set up especially with decent feedback.
They move a large volume of items. It would be obvious to eBay if they had the will to sort it... big if I guess
If you do sell a car with no reserve and the bidding doesn't reach a good number I cant believe you're obliged to sell the car for that price.

2Btoo

1,280 posts

151 months

Tuesday 19th November
quotequote all
ATM said:
2Btoo said:
It's raised an interesting debate about why you buy a car; because you like it or because you think it won't cost you (too) much. I know that there are as many answers to that as there are buyers but I can see the appeal of buying something because you like it even though not many others will.

(I'll admit - I'm biased. I bought my 987 Cayman with a VERY red interior because I love it although I understand that I may have a bit of a game selling it on in due course.)
Pics?
Here's one. Yes, it's very red. Yes, I love it. smile




cmoose

45,317 posts

177 months

Tuesday 19th November
quotequote all
What's ebay's major incentive to clamp down on shill bidding by significant customers?

Always thought when they made the move to obscure the identity of bidders it didn't bode well for policing shill bidding. Makes it less transparent to users, for sure.

Mogul

2,408 posts

171 months

Tuesday 19th November
quotequote all
Quite.

eBay makes money from listing fees.

Listing fees are higher if a reserve is used.

Shill biding circumvents this but they are making more coin on the re-listing.

It’s just a bit shady but it appears to work like this right up the food chain to [some of] the top auction houses.



Escy

2,009 posts

97 months

Tuesday 19th November
quotequote all
It's no surprise they need to relist cars often, the amount of messers on ebay is high. Their business model is to move a lot of cars as fast as possible with smaller profits, I really can't see them shill bidding, they need to move metal not hold out for that little bit extra on each car.

ATM

10,059 posts

167 months

Tuesday 19th November
quotequote all
Escy said:
It's no surprise they need to relist cars often, the amount of messers on ebay is high. Their business model is to move a lot of cars as fast as possible with smaller profits, I really can't see them shill bidding, they need to move metal not hold out for that little bit extra on each car.
Think again

They cant list all their cars with no reserve and just hope to make a profit. They might only make a couple of hundred quid per car. One car selling for a 2 grand loss would negate all profit from 10 cars sold.

was8v

1,718 posts

143 months

Tuesday 19th November
quotequote all