Telling a private seller they are dreaming on price
Discussion
So you spot a really nice spec of the car your after and its a private sale / no warranty and decent money say £30k+
Dealers have similar for 10% less or more and WBAC are 25% less than asking.
Someone will say - if you want the car just buy it for asking, well no its worth a polite "get real moron" to the seller so has anyone got a gold plated technique? its so far adrift that its hardly worth going to see it and offering so much less.
I was thinking of emailing with an offer to pay 15% more than WBAC whatever that is at the time of buying - thoughts?
Dealers have similar for 10% less or more and WBAC are 25% less than asking.
Someone will say - if you want the car just buy it for asking, well no its worth a polite "get real moron" to the seller so has anyone got a gold plated technique? its so far adrift that its hardly worth going to see it and offering so much less.
I was thinking of emailing with an offer to pay 15% more than WBAC whatever that is at the time of buying - thoughts?
He’s under no obligation to sell it for a realistic price and it’s quite possible it’s up high because he’s in no rush to sell and thinks someone will pay it.
You have nothing to lose by offering him less and showing him other similar examples though but do it by email/phone so you don’t waste too much of your or his time.
Chris
You have nothing to lose by offering him less and showing him other similar examples though but do it by email/phone so you don’t waste too much of your or his time.
Chris
if there’s others that are comparable for less go and buy one of those.
Until you see the car you are unable to make a direct comparison against the others you so you have no idea how it compares on condition, tyres, brakes and how it’s been cared for.
Don’t forget the examples at the dealers may end up costing more once you’ve added all their hidden extras (see other thread ‘at the dealers today’).
I’ve sold lots of cars privately and they’ve always been priced well but not the cheapest. Enquiries saying ‘I’ll offer you x% less’ have always been politely declined and I’ve sold all at very close to the asking price.
Until you see the car you are unable to make a direct comparison against the others you so you have no idea how it compares on condition, tyres, brakes and how it’s been cared for.
Don’t forget the examples at the dealers may end up costing more once you’ve added all their hidden extras (see other thread ‘at the dealers today’).
I’ve sold lots of cars privately and they’ve always been priced well but not the cheapest. Enquiries saying ‘I’ll offer you x% less’ have always been politely declined and I’ve sold all at very close to the asking price.
DSLiverpool said:
It’s actually an unpopular version that’s specified highly, it’s £28k webuy offers £19 all dealers are less for same age / Miles.
From pics I think I can see a new model on the drive hence he didn’t px as he is in la la land
I’m going to email him nicely
Yup, sounds like they're the the La La land.From pics I think I can see a new model on the drive hence he didn’t px as he is in la la land
I’m going to email him nicely
It'll just take time then, they'll continue to advertise until they realize no one is interested.
Trevor555 said:
Yup, sounds like they're the the La La land.
It'll just take time then, they'll continue to advertise until they realize no one is interested.
Why La La Land? So a guy would rather sell privately than be stiffed by a dealer on px and he's a dreamer? Or a canny seller?It'll just take time then, they'll continue to advertise until they realize no one is interested.
Sounds like the car is a tasty petrol as opposed to a derv cooking model. In which case appeals to enthusiast buyers and WBAC don't remotely want. Am I warm?
snake_oil said:
Why La La Land? So a guy would rather sell privately than be stiffed by a dealer on px and he's a dreamer? Or a canny seller?
Sounds like the car is a tasty petrol as opposed to a derv cooking model. In which case appeals to enthusiast buyers and WBAC don't remotely want. Am I warm?
Because he's a moron you tool.Sounds like the car is a tasty petrol as opposed to a derv cooking model. In which case appeals to enthusiast buyers and WBAC don't remotely want. Am I warm?
It’s a 4.8s Cayenne not remotely popular as it’s derv or turbo or even hybrid people want.
But the spec is nuts and my turbo fanny magnet days are behind me. A 4.8s will do but be a right bugger to sell at book never mind above it hence I can’t pay above dealer I’d settle for a lesser car.
But the spec is nuts and my turbo fanny magnet days are behind me. A 4.8s will do but be a right bugger to sell at book never mind above it hence I can’t pay above dealer I’d settle for a lesser car.
I think I see the car you're after, grey one @ £27,500?
£25,500 worth of options, 1 owner, very recent OPC service.
I can see why they are asking a high price compared to WBAC
WBAC are useless at pricing such cars with expensive options lists from new.
I'd want a proper warranty with that car though, an eight year old Porsche can throw up some expensive repair bills.
It does look lovely in the pics though, and personally I don't think it's that overpriced.
£25,500 worth of options, 1 owner, very recent OPC service.
I can see why they are asking a high price compared to WBAC
WBAC are useless at pricing such cars with expensive options lists from new.
I'd want a proper warranty with that car though, an eight year old Porsche can throw up some expensive repair bills.
It does look lovely in the pics though, and personally I don't think it's that overpriced.
Edited by Trevor555 on Sunday 24th June 12:45
Edited by Trevor555 on Tuesday 26th June 16:51
Trevor555 said:
I'd want a proper warranty with that car though, an eight year old Porsche can throw up some expensive repair bills.
It does look lovely in the pics though.
I have one that threw £6k in one year and none of that was suspension (air) just engine and bits (no tyres or brakes) that’s why people buy from dealers. Not sure it’s an opc service will check / minor £460 major £1k but it’s the extra bits lol It does look lovely in the pics though.
Presumably a warranty, if available, would cost several £K. Hence the normal private/dealer spread.
I guess all you can do is gently engage with the seller and see where it leads. He may well have other people telling him it’s over-priced - you’ll kick yourself if you leave it and then find he’s let it go for buttons.
I guess all you can do is gently engage with the seller and see where it leads. He may well have other people telling him it’s over-priced - you’ll kick yourself if you leave it and then find he’s let it go for buttons.
My 11 year old Cayenne can have a Porsche warranty if I change the tyres from scorpions to N Michies, change the battery from Bosch to Porsche, change all the pads to Porsche and possibly the discs - everything has to be Porsche perfect then you can pay £2k a year.
My car has a full opc service history but all meaty work is done elsewhere. The lazy v8 is lovely and with a Porsche sports exhaust has a hint of nascar hehe, my cars worth £8/10k on 80k Miles there are a few private ones on for over £13k - maybe it’s a Porsche owner thing about over valuing?
My car has a full opc service history but all meaty work is done elsewhere. The lazy v8 is lovely and with a Porsche sports exhaust has a hint of nascar hehe, my cars worth £8/10k on 80k Miles there are a few private ones on for over £13k - maybe it’s a Porsche owner thing about over valuing?
DSLiverpool said:
Maybe it’s a Porsche owner thing about over valuing?
There is an element of that.I've no experience of Cayennes, but I once paid over the odds for a 981 that had an unusual/high spec. And when I came to sell I had 4/5 dealers chomping at the bit to buy it.
For me I'd never buy a boxster/Cayman without the extended leather, and I'd happily pay a bit extra for one that has it.
So yes, Porsches can be spec sensitive, and what people feel is a good spec can push the value up.
Phone up and politely ask all the right questions confirming spec/history, you know the important stuff that a genuine buyer would want to know.
Then tell him what your offer would be upon satisfactory inspection.
Leave him your number to ponder it over if he's taken aback or unsure.
There's nothing worse than arrogance when selling, snotty text messages haggling your pride & joy. I've had it before no chat no questions just a will you take £xxxxx mate. When given a one word reply 'NO' I've had the snottinest of responses 'oh well I've taken less for the car I've sold so you'll just have to take less for yours' eh no you'll find I'd sooner torch the car than sell it to you now dick!
Does my head in.
Maybe it's been priced without much research and you can point out market value/fair price. Maybe the sellers got that much finance left in it and needs that to release it......who knows until you ask.
Then tell him what your offer would be upon satisfactory inspection.
Leave him your number to ponder it over if he's taken aback or unsure.
There's nothing worse than arrogance when selling, snotty text messages haggling your pride & joy. I've had it before no chat no questions just a will you take £xxxxx mate. When given a one word reply 'NO' I've had the snottinest of responses 'oh well I've taken less for the car I've sold so you'll just have to take less for yours' eh no you'll find I'd sooner torch the car than sell it to you now dick!
Does my head in.
Maybe it's been priced without much research and you can point out market value/fair price. Maybe the sellers got that much finance left in it and needs that to release it......who knows until you ask.
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