Cars not selling?

Cars not selling?

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Discussion

IMI A

9,414 posts

202 months

Friday 14th September 2018
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anonymous said:
[redacted]
Well if your name is Trigger and you like brooms your hypothesis might be right LMAO laughbiggrinbiglaughheheroflheherofl

g7jhp

6,970 posts

239 months

Friday 14th September 2018
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IMI A said:
Jez, Forgot to add that I believe the specific car the OP referring to is maybe this one?

https://www.renaissance-classics.co.uk/vehicle-det...

If so most Porsche owners would never regard this as a trophy car. Have to say its not something I would buy at £55k or £67k but how in the world does putting it up by £15k make it more of a "trophy" to any buyer? I don't understand - sounds like complete nonsense when you look at the car itself.
The good.

Manual, coupe, 17" wheels, mileage.

The not so good.

C4, non-varioram, marmite colour with grey interior, early seats, crazy price.

In 993 terms this is the type of 993 coupe that used to take time to sell. Only a tip would take longer.

If the market drops this car will half in price overnight.

stichill99

1,046 posts

182 months

Friday 14th September 2018
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Not in the slightest old bean!

v8ksn

Original Poster:

4,711 posts

185 months

Friday 14th September 2018
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anonymous said:
[redacted]
It does not matter one bit, it's all about condition condition condition.

The problem is, the cars are priced according to mileage and a low mileage 'mint' car for ££££k could be in a worse shape than a 200k miler daily driver.

The owner of the 200k car knows that its a peach and if they decide to sell it, it will probably be valued at less than £30k so they keep it.
The owner of the low mileage 'mint' car who has done nothing to the car since they bought it and all the rubbers are perished and rust has taken hold sticks it up for sale and the car is priced as a collectible.

Its crazy.

moonigan

2,145 posts

242 months

Friday 14th September 2018
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IMI A said:
Well if your name is Trigger and you like brooms your hypothesis might be right LMAO laughbiggrinbiglaughheheroflheherofl
Ha ha. Funny. biggrin

Mario149

7,758 posts

179 months

Friday 14th September 2018
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anonymous said:
[redacted]
Nope, my NVR car is doing 295bhp with an aftermarket exhaust and a remap from Wayne at Chipwizards (was over producing to start with which was nice). You lose out mid range torque a bit with NVR, but the bonus is that when it comes on song, it's mega and a joy to thrash. Plus it's now buttery smooth and precise compared to a standard car.



IMI A

9,414 posts

202 months

Friday 14th September 2018
quotequote all
g7jhp said:
IMI A said:
Jez, Forgot to add that I believe the specific car the OP referring to is maybe this one?

https://www.renaissance-classics.co.uk/vehicle-det...

If so most Porsche owners would never regard this as a trophy car. Have to say its not something I would buy at £55k or £67k but how in the world does putting it up by £15k make it more of a "trophy" to any buyer? I don't understand - sounds like complete nonsense when you look at the car itself.
The good.

Manual, coupe, 17" wheels, mileage.

The not so good.

C4, non-varioram, marmite colour with grey interior, early seats, crazy price.

In 993 terms this is the type of 993 coupe that used to take time to sell. Only a tip would take longer.

If the market drops this car will half in price overnight.
Not withstanding the classic car boom part of the issue is that the SOR market started by JZM has been a victim of its own success. I personally would not run this business model especially in the classic car market as if you pick special cars and buy them for the right money in the first place the bid sell spreads ie profits are huge. If you wanted a real bid on that C4 I can’t say for sure as condition is everything but if it’s lets say an average car it would start with a 3.

Have a nos of 911s two of which are 4wd and all the better for it on our wet and leafy roads. I actively specced 4wd 911s when buying them new. For weekend fun wanted a rwd car and I think that’s why rwd 993s sell for a premium as they’re now fun weekend cars. Bet you that C4 is a beautiful car to drive.

Smart Porsche marque specialists who are actually buying their own stock like Paragon, 911V are making a very good living in the classic car market. Nice for them as it’s been hard to make money in the used car industry the biggest killer being VAT on used car profits which I don’t think is fair. VAT has been paid new on these cars so bit unfair to pay VAT on the sale profit of the same car again and again. Doesn’t make sense to me so nice they’re reaping the rewards now. But even they get stuck with customers like me who’d rather SOR our cars and achieve top money. The issue occurs when both less experienced dealers and this can happen at marque specialists too don’t set the vendors expectations correctly to try and win the business and then you end up with a whole heap of over priced cars in the classifieds.

Almost everything in the classifieds which is aircooled is consequently £10,000 to £20,000 overvalued. The difference between buying from an established marque specialist or a newly set up firm is you’re more likely to buy a peach of a car from the marque specialist.

That price hike just feels like the dealer is being petulant after not closing a deal with the OP at £55k. Looks a nice enough car to me. I’d be happy enough with her at the right money.

Edited by IMI A on Saturday 15th September 03:33

nickpan

583 posts

190 months

Saturday 15th September 2018
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Get one bought Op! Taking mine around Snetterton this summer. Magical cloud9


80sMatchbox

3,891 posts

177 months

Saturday 15th September 2018
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IMI A said:
Well I suppose its all relative but thats exactly my point a 993 Carrera is not a trophy. Carrera RS yes. ........
IMI A said:
As i said to some a Golf GTI etc and this extends to 993 Carrera or any car could I suppose be a trophy car....
It took a while but have you changed your mind?


It's not often I agree wholeheartedly with Cmoose, but he's been spot on here and in his other "chat". biggrin

IMI A

9,414 posts

202 months

Saturday 15th September 2018
quotequote all
80sMatchbox said:
IMI A said:
Well I suppose its all relative but thats exactly my point a 993 Carrera is not a trophy. Carrera RS yes. ........
IMI A said:
As i said to some a Golf GTI etc and this extends to 993 Carrera or any car could I suppose be a trophy car....
It took a while but have you changed your mind?


It's not often I agree wholeheartedly with Cmoose, but he's been spot on here and in his other "chat". biggrin
Yes its all relative and depends on your own situation. But looking at the specific car OP referring to its no trophy. Just a usable 993

IMI A

9,414 posts

202 months

Saturday 15th September 2018
quotequote all
The idea the price has been put up to make it more of quality trophy type car just doesn't stack up. The best cars command the highest prices. Putting the price up on an average car its still an average car. Just a more expensive average car.

v8ksn

Original Poster:

4,711 posts

185 months

Saturday 15th September 2018
quotequote all
IMI A said:
The idea the price has been put up to make it more of quality trophy type car just doesn't stack up. The best cars command the highest prices. Putting the price up on an average car its still an average car. Just a more expensive average car.
Jacking the price up is just basically dishonest. I contacted the dealer initially as there was no information on the car, just the price of 55. Like most dealer adverts, there is no real detail on what work has been done on the cars or what preventative measures have been taken, if any.

I'm in no rush to buy as the summer is more or less over. I'm certainly not going to buy a 'trophy' car as I want to modify it and drive the pants off it. The problem for me is separating the good ones from the bad, I have already spent a fair amount on inspections on cars that turned out to be dogs.

I just wish people were more honest in their descriptions but I guess everyone thinks their own car is better than the next.

I'm slowly beginning to realise I may just have to buy one that's already done. The one at RPM looks amazing but buying a 'done' car is nowhere near as much fun as taking that journey yourself.


Porsche911R

21,146 posts

266 months

Saturday 15th September 2018
quotequote all
v8ksn said:
Jacking the price up is just basically dishonest. I contacted the dealer initially as there was no information on the car, just the price of 55. Like most dealer adverts, there is no real detail on what work has been done on the cars or what preventative measures have been taken, if any.

I'm in no rush to buy as the summer is more or less over. I'm certainly not going to buy a 'trophy' car as I want to modify it and drive the pants off it. The problem for me is separating the good ones from the bad, I have already spent a fair amount on inspections on cars that turned out to be dogs.

I just wish people were more honest in their descriptions but I guess everyone thinks their own car is better than the next.

I'm slowly beginning to realise I may just have to buy one that's already done. The one at RPM looks amazing but buying a 'done' car is nowhere near as much fun as taking that journey yourself.
Can you buy your GT3 back lol

v8ksn

Original Poster:

4,711 posts

185 months

Saturday 15th September 2018
quotequote all
Porsche911R said:
Can you buy your GT3 back lol
hehe

The GT3 has long gone now. To be honest I do miss it but the speed devil on my shoulder is a lot quieter....and my license is MUCH safer!

IMI A

9,414 posts

202 months

Saturday 15th September 2018
quotequote all
anonymous said:
[redacted]
I concede biggrin

IMI A

9,414 posts

202 months

Saturday 15th September 2018
quotequote all
v8ksn said:
IMI A said:
The idea the price has been put up to make it more of quality trophy type car just doesn't stack up. The best cars command the highest prices. Putting the price up on an average car its still an average car. Just a more expensive average car.
Jacking the price up is just basically dishonest. I contacted the dealer initially as there was no information on the car, just the price of 55. Like most dealer adverts, there is no real detail on what work has been done on the cars or what preventative measures have been taken, if any.

I'm in no rush to buy as the summer is more or less over. I'm certainly not going to buy a 'trophy' car as I want to modify it and drive the pants off it. The problem for me is separating the good ones from the bad, I have already spent a fair amount on inspections on cars that turned out to be dogs.

I just wish people were more honest in their descriptions but I guess everyone thinks their own car is better than the next.

I'm slowly beginning to realise I may just have to buy one that's already done. The one at RPM looks amazing but buying a 'done' car is nowhere near as much fun as taking that journey yourself.
Maybe look at other marques too. Alfa 4C is something I can't help checking out in the classifieds. Very different but I think they're super cool. I'd love one of these one day! Very moddable too!!!

v8ksn

Original Poster:

4,711 posts

185 months

Saturday 15th September 2018
quotequote all
v8ksn said:
I'm slowly beginning to realise I may just have to buy one that's already done. The one at RPM looks amazing but buying a 'done' car is nowhere near as much fun as taking that journey yourself.
DELETED: Comment made by a member who's account has been deleted.
Yeah it has been taken the the extreme i'll grant you that. I'm pretty sure I would be happy with a solid rust free car that has had a suspension refresh that I can drive for a while before I can decide myself what I need to change/upgrade/optimise.

v8ksn

Original Poster:

4,711 posts

185 months

Saturday 15th September 2018
quotequote all
IMI A said:
Maybe look at other marques too. Alfa 4C is something I can't help checking out in the classifieds. Very different but I think they're super cool. I'd love one of these one day! Very moddable too!!!
4C? The turbo 4 pot engine and flappy paddle gearbox mean its a non-starter for me.

Now if you said the Alfa GTA ........ lick


IMI A

9,414 posts

202 months

Saturday 15th September 2018
quotequote all
v8ksn said:
IMI A said:
Maybe look at other marques too. Alfa 4C is something I can't help checking out in the classifieds. Very different but I think they're super cool. I'd love one of these one day! Very moddable too!!!
4C? The turbo 4 pot engine and flappy paddle gearbox mean its a non-starter for me.

Now if you said the Alfa GTA ........ lick
Friends building one. Can't wait to have a go!

Andy-6ufnp

133 posts

98 months

Saturday 15th September 2018
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anonymous said:
[redacted]
I presume you've driven one extensively to come up with that summary. I have one and 7k miles in it's certainly not rubbish. Doesn't sound great but it's actually a great little torquey 4 pot that pulls like a train and the gearbox is pretty dam good too!