OPC SOR Fair Rate
Discussion
I’ll vote against Redline. Last month, offered me £2000 less than WBAC value for my13 month old Porker against a new car with them. They also happened to have an identical Porsche to mine in stock, for exactly £10k more than my value. I’m all for people making a profit but that’s taking the p*ss.
neilf said:
I’ll vote against Redline. Last month, offered me £2000 less than WBAC value for my13 month old Porker against a new car with them. They also happened to have an identical Porsche to mine in stock, for exactly £10k more than my value. I’m all for people making a profit but that’s taking the p*ss.
Did they offer you a SOR fee option and what was their quote? neilf said:
I’ll vote against Redline. Last month, offered me £2000 less than WBAC value for my13 month old Porker against a new car with them. They also happened to have an identical Porsche to mine in stock, for exactly £10k more than my value. I’m all for people making a profit but that’s taking the p*ss.
All these stories about dealers being short of stock but they don’t seem confident to hold stock going into autumn Yes.
I’m aware of two cases of OPCs making derisory offers recently, one for a Cayman, one for a 991.
In both cases they were the supplying dealer, the cars were under 4 years old, both in exceptional condition and in desirable specs.
The Cayman was sold privately, at a good margin over their offer. The 991 was sold on SOR by an independent.
Both owners said that the idea that OPCs are hungry and generous to buy was a myth, in their experience.
Agree that the time of year is going to see many more cautious buyers.
I’m aware of two cases of OPCs making derisory offers recently, one for a Cayman, one for a 991.
In both cases they were the supplying dealer, the cars were under 4 years old, both in exceptional condition and in desirable specs.
The Cayman was sold privately, at a good margin over their offer. The 991 was sold on SOR by an independent.
Both owners said that the idea that OPCs are hungry and generous to buy was a myth, in their experience.
Agree that the time of year is going to see many more cautious buyers.
Not just OPC's but prestige car dealers in general are playing safe. Everyone's been surprised at the level of pent up demand that they all know it could go tits up at any time very soon. I offered my absolutely mint big-spec Cayenne to 2 OPCs and both weren't interested at all. I put it on Autotrader and the phone didn't stop ringing - first person to see bought it at only a few hundred quid off asking price. For reference I achieved £7k over WBAC price. I also offered it to Redline and they didn't even give me a bid. I've owned enough Porsche's to know what is a good car / spec so nothing undesirable about my car. Dealers are nervous of committing money to holding stock.
As for OPC fair rate - i think I paid £2k+vat (Sytner) 5or6 years ago.
As for OPC fair rate - i think I paid £2k+vat (Sytner) 5or6 years ago.
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