Sale or Return Brokerage - experiences

[junglist]

Evening,

Is there anyone that has had experience with a brokerage/sale or return dealer selling your car on your behalf in the UK that can offer advice and share success (or failure) stories? The car would be a LHD prestige vehicle owned by me that will have recently been imported from mainland Europe and UK registered. I work out of the UK for extended periods so on the face of it seems a sensible solution especially if the sale price is favourable to take in to account the associated commissions involved.

Please feel free to private message me on here or reply to the topic.

Many thanks

[TISPKJ]

Hi, depends what car I guess but I recently sold my car though The Ferrari Center in Maidstone, they have been there for many years and they charge a set fee not percentage.
Give Dave a call to discuss your options.

[nigelonich]

I used JZM for a GT3 SOR and everything went very well. They tend to favor high end Porsche and then pick and choose.

[evoivboy]

Careful!
http://www.pistonheads.com/gassing/topic.asp?h=0&a...

[v888lfl]

Try Alastair Bol, he just sold my 12c. Flawless service as far as my experience is concerned.

[roygarth]

I have used JZM for commission sale of a Porsche and I would use The Ferrari Centre if selling a Ferrari.

[BigLion]

Roughly how much would selling a £100k Ferrari 430 on SOR cost ?

[TISPKJ]

£3500

[BigLion]

TISPKJ said:

£3500

Thanks - better than I thought - assuming they don't shaft me on pre-sale prep!!

[100 IAN]

Any details on your 430? pm me if you'd prefer.

[TISPKJ]

BigLion said:

TISPKJ said:

£3500

Thanks - better than I thought - assuming they don't shaft me on pre-sale prep!!

Thats the only downside, they (TFC) warrant all cars themselves so car needs to be in very good order ...... or negotiate with buyer.

[BigLion]

TISPKJ said:

BigLion said:

TISPKJ said:

£3500

Thanks - better than I thought - assuming they don't shaft me on pre-sale prep!!

Thats the only downside, they (TFC) warrant all cars themselves so car needs to be in very good order ...... or negotiate with buyer.

Thanks.

To the other poster I'm buying one, but need to be clear how I'm going to move it on in 2-3 years as most people won't be buying a car like that from a private individual and I know I'd get shafted selling it back to a dealer!

[WDISMYL]

So translating "shafted" by dealer = bid/offer spread?

It's a competitive free market, so the bid you will be shown by a dealer reflects competing with other buyers with the risk of tying up capital in an illiquid and depreciating asset in the hope that it gets sold before the market moves against the dealer.

Don't buy any of these cars without the assumed "loss" of 15-20% in bid/offer spread when you come to sell.

[Wilmslowboy]

v888lfl said:

Try Alastair Bol, he just sold my 12c. Flawless service as far as my experience is concerned.

another one for AB

travelled 200+ miles to collect mine, dealt with getting the PPF removed, getting the service sorted etc

and for a tiny fee in % terms

also confident he achieved a higher net value to me than I could have if tried to sell privately

Edited by Wilmslowboy on Friday 3rd March 18:17

[V8Vroom]

Hi don't forget VAT on that 3500 and you may be asked to fund the after sale warranty i.e. another £600 or so depending

[BigLion]

V8Vroom said:

Hi don't forget VAT on that 3500 and you may be asked to fund the after sale warranty i.e. another £600 or so depending

Do these cars sell easily enough privately?

Porsches are normally ok to resell, but that's because you can have the extended Porsche warranty which can be passed along on a private sale.

[Jamesp24]

Sold my 991 gt3 through JZM,the only company i would trust with SOR.

There mainly Porsche based but do sell other special cars.

[TISPKJ]

Can be easy, can be difficult, as you see above when we assumed you were a seller Ian appears to be a buyer.

[rubystone]

It makes sense to SOR through a dealer recognised for the marque in question. I'd not sell a Porsche thru a Ferrari specialist, nor vice versa.

BUT don't think that the 'blue chip' names offer the best service. I called up one of the blue chip dealers enquiring about SORing one of my Ferraris and they couldn't be bothered to call me back. Sold it through one of their competitors and was extremely happy.