Cayenne prices
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Merlot

Original Poster:

1,546 posts

281 months

Thursday 2nd February 2006
quotequote all
There seems to be a few around (spec the S) at pretty low prices. Its not the prettiest bet and I never liked the new prices but what sort of price experience have people had with S's recently? Thanks

Deutscher

1,430 posts

247 months

Thursday 2nd February 2006
quotequote all
What do you make of this?

2003 PORSCHE CAYENNE Turbo S 5dr Tiptronic S Estate,
24,750 miles, Silver. PAS, Navigation system, Trip computer, Rear wiper, Service indicator, Cruise control. The warranty is valid till October 2006 and Road Tax paid untill May.I'm the first owner of the car and the V5 is present, there is no finance of the car. Because of the circumstances, I'm forced to sell it. I will not accept any trade, so please do not contact me unless you are genuine buyers. £23,200. Email
Telephone: 0208 5041528
Email: Email Advertiser
Distance: 40 miles
Price: £23,200

On Autotrader

Notwithstanding the ad above, there seem to be masses of three-year old S models available for around the £30k mark. Guess nervous Porsche newbies are bailing out as the warranty expires. I would guess £25k is not far away.

>> Edited by Deutscher on Thursday 2nd February 16:49

dazren

22,612 posts

289 months

Thursday 2nd February 2006
quotequote all
I think the X5/Cayenne dominance in the high value UK SUV market, with their strong residuals has been brought to an end by the arrival of RR sport and Merc ML in the last six months. Not driven the Cayenne or the RR sport but I've driven the X5 3.0d and ML320CDi back to back and the merc is the better car IMHO.

The turbo at £23k sounds ludicrously cheap. Guessing it's a double typo. ie it's not a turbo and it's £32k not £23k.

DAZ

Deutscher

1,430 posts

247 months

Thursday 2nd February 2006
quotequote all
No, the photos show it's a Turbo and the price is repeated, suggesting it's not a typo.

>> Edited by Deutscher on Thursday 2nd February 17:18

Merlot

Original Poster:

1,546 posts

281 months

Thursday 2nd February 2006
quotequote all
Deutscher said:
What do you make of this?

2003 PORSCHE CAYENNE Turbo S 5dr Tiptronic S Estate,
24,750 miles, Silver. PAS, Navigation system, Trip computer, Rear wiper, Service indicator, Cruise control. The warranty is valid till October 2006 and Road Tax paid untill May.I'm the first owner of the car and the V5 is present, there is no finance of the car. Because of the circumstances, I'm forced to sell it. I will not accept any trade, so please do not contact me unless you are genuine buyers. £23,200. Email
Telephone: 0208 5041528
Email: Email Advertiser
Distance: 40 miles
Price: £23,200

On Autotrader

Notwithstanding the ad above, there seem to be masses of three-year old S models available for around the £30k mark. Guess nervous Porsche newbies are bailing out as the warranty expires. I would guess £25k is not far away.

>> Edited by Deutscher on Thursday 2nd February 16:49


Its in Spain apparently. Not sure how much duty would need to be paid to get it back?

deutscher

1,430 posts

247 months

Thursday 2nd February 2006
quotequote all
Why are they making a point of saying they've got the V5, and why are they saying "no trade"; if the trade will pay the money - and this is way under book - why not? Strange.

cuneus

5,963 posts

270 months

Thursday 2nd February 2006
quotequote all
Some people will try and sell the car without a V5

By trade I think they mean part exchange

LeeME3

1,502 posts

254 months

Thursday 2nd February 2006
quotequote all
This is a con - I nearly got caught with a similar scam for an X5. If you contact the seller (by email) he will claim the car was a gift to him, or he needs to sell it to finance a project or something similar. He will then claim that the car is in a warehouse ready to be shipped with no tax to pay and that you can contact the shipping company for verification - he'll even give you a phone number, phone it and they'll verify the car is there, you may even get a web address which appears to check out. However, make a silly offer (£20K) and eventually he'll accept (why not sell to a dealer at that price?) but will say he requires 50% payment up front, balance on delivery. Follow the links on the website address and it will stop working a few links deep. I got suspicious with an almost identically worded X5 ad and ended up reporting it to AutoTrader who investigated and confirmed it was a con. IF IT SEEMS TOO GOOD TO BE TRUE, IT PROBABLY IS!

henry-f

4,791 posts

273 months

Thursday 2nd February 2006
quotequote all
Have you lot actually bothered to pick up the phone and call the number in the advert ?

You get some bird who`s very nice but sadly not a Cayenne owner and who, not surprisingly, has been receiving rather a lot of strange phone calls from people wanting to buy a cheap Cayenne Turbo.

THERE IS NO SUCH THING AS A CHEAP PORSCHE. NEVER HAS BEEN. NEVER WILL BE

Criminals pray off, and make a very comfortable living from, idiots who think someone would genuinely sell a car for 20 or 25 grand less than it`s worth.

Arseholes like me spend tens of thousands of pounds a year letting decent law abiding car owning folk know that if for what ever reason they want a quick sale and are happy to take a bit less than "retail" then we can do the whole dirty deed in 15 minutes, you won`t get robbed, you don`t have to put you life on hold / at risk and we`ll even make you a nice cup of coffee with froth on the top and serve it up in a prestine white china mug.


The only reason someone advertises their car privately is to try and get top dollar for it, (unfortunately forgetting the only reason someone buys privately is to get the thing dirt cheap !). Millionaires who aren`t bothered about the money but just want a quick sale aren`t too inclined to wait by the phone all weekend and entertain the great unwashed. They get one of their people to call us up. It`s a lot more civilised and we are buying commercially rather than trying to pick up the bargain of a lifetime.


The sad thing is these people rarely get caught, although following a little trip to Birmingham Crown Court last year to give evidence a small number of their group are now enjoying Semolena and boiled cabbage courtesy of HM catering services. But they are in the minority. Most of the little buggers are still at large, and they look just like you & I. Forget that at your peril.

Henry

kayc

4,492 posts

249 months

Friday 3rd February 2006
quotequote all
Henry-f suggests that people sell cars privately to get top dollar,the reason i sell privately is to avoid the abuse my ears receive from the paultry bid i normally get.There's only a certain amount of times you can give the 'car-market' 20-25% bid/offer spread before you run out of money.

Deutscher

1,430 posts

247 months

Friday 3rd February 2006
quotequote all
Henry (or anybody)

Apart from the price, the curious wording in the ad immediately set the alarm bells ringing with me, but how does this particular scam work if the girl knows nothing about the car?

>> Edited by Deutscher on Friday 3rd February 10:54

Deutscher

1,430 posts

247 months

Friday 3rd February 2006
quotequote all
Any suggestions?

henry-f

4,791 posts

273 months

Friday 3rd February 2006
quotequote all
kayc said:
Henry-f suggests that people sell cars privately to get top dollar,the reason i sell privately is to avoid the abuse my ears receive from the paultry bid i normally get.There's only a certain amount of times you can give the 'car-market' 20-25% bid/offer spread before you run out of money.



ie: you`re trying to get top dollar for it !

It depends on the car, the market and the dealer but there often isn`t a huge difference between what the trade will pay and what Joe Public will hand over on a private sale. Had a chap in today : Car advertised for a month or so at £30k, needs a bit of prep and J.P wants a bit of a haggle. May squeeze £28k out of them on a good day. We bid him £26,500, (and he walked). A lot of aggro & risk to go through for £1,500 (or 5%).

And you want to have your ears tortured - pop an ad in Exchange & Mart for a week and wait for the abuse. "would you consider a Ranger Rover / BMW / Mercedes / Camper van / boat / villa in Beirut in part exchange", "would you be interested in selling your car to a customer we`ve got lined up and we`ll give you a years free accommodation on the moon if it doesn`t sell", "will you meet me in Preston", and then when they do finally arrive, "I wasn`t really looking to buy one at the moment", "I didn`t think it would be second hand", "I really wanted one with a built in wine chiller, safe and auto-pilot", "Wow these are the bollox to drive - smash !".

Keep smiling

Henry



cuneus

5,963 posts

270 months

Friday 3rd February 2006
quotequote all
PMSL

mikeg996

875 posts

250 months

Friday 3rd February 2006
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Henry, a hell of a lot of people successfully buy their cars privately. I did and the deal was easy and very pleasant. We all know you don't like private deals, but then you're in the motor trade so you wouldn't. Constantly telling us how close you can get to private prices, how buying privately is dangerous, how much safer it is to buy from a dealer is just advertising for your firm. At least private sellers are willing to put mileage on their ads.

kayc

4,492 posts

249 months

Friday 3rd February 2006
quotequote all
The only reason anybody goes through the grief of private buying and selling is because it is the only way to trade at a remotely correct price.Not through choice!.I have had 5 porsches...bought 2 from main dealers and lost 10k in 6 months on both plus the usual dealer ..wrong colour,no sat nav,'"i could pay more but the markets soft",blah,blah.I have bought 3 privately,made money on 993 c2s and lost next to nothing on the other 2.It is the dealer bid/offer spread that makes residuals look bad because most buyers lose about 15% on the car as they hand over the cheque to the dealer..

henry-f

4,791 posts

273 months

Friday 3rd February 2006
quotequote all
mikeg996 said:
Henry, a hell of a lot of people successfully buy their cars privately. I did and the deal was easy and very pleasant. We all know you don't like private deals, but then you're in the motor trade so you wouldn't. Constantly telling us how close you can get to private prices, how buying privately is dangerous, how much safer it is to buy from a dealer is just advertising for your firm. At least private sellers are willing to put mileage on their ads.


You`ve done well and been lucky. Sadly a lot of people aren`t so fortunate. They also tend not to shout about their troubles as they feel embarrased. I want people to know what can go wrong. If it only happened one time in a hundred there is still someone who would be grateful for the information.

Re: bid figures Kevin : I`ve given you a specific example not hypothetical. Can`t see where the £10k loss come in.

Re: the mileage they have to, when they`re selling to people who aren`t too sure what they`re buying they need a random number to try and encourage visitors. We tend to sell on the basis of a skilled judgement.

Had a chap come round with a 993 this week which he bought purely on the basis it had only done 15,000 miles, (and paid well over £40k for it as a result). Very hard when you have to tell him it`s an import, has almost no service history, has had the roof painted (badly), both rear quarter panels painted (one extremely badly), had a bit of under damage and needs a full 4 wheel alignment. He`d have been better saving his money and buying on the basis of condition. In fairness he may well manage to sell his problems on to someone else (especially if he advertises it privately and puts the mileage in the advert) but he`s going to have to sell his soul a bit and keep his gob shut. Not a nice thing to have to do.

As I`ve said many times the number on the speedo dictates the most you can ask for a car, it doesn`t set it`s value.

But we`re not talking about mileage. We`re talking about people avoiding the pitfalls when buying and selling cars. If you take the time to read the info on our website I`m equally as hard on dealers.

www.911virgin.com/buyer.htm

Keep smiling

Henry

sleep envy

62,260 posts

277 months

Friday 3rd February 2006
quotequote all
henry-f said:
Had a chap come round with a 993 this week which he bought purely on the basis it had only done 15,000 miles, (and paid well over £40k for it as a result). Very hard when you have to tell him it`s an import, has almost no service history, has had the roof painted (badly), both rear quarter panels painted (one extremely badly), had a bit of under damage and needs a full 4 wheel alignment. He`d have been better saving his money and buying on the basis of condition. In fairness he may well manage to sell his problems on to someone else (especially if he advertises it privately and puts the mileage in the advert) but he`s going to have to sell his soul a bit and keep his gob shut. Not a nice thing to have to do.


In all fairness before he let the red mist descend and got sucked into what is supposed to be a low milage minter he should have paid a few hundred to get it inspected especially if he's handing over more than £40k for a 993 (I'm asuming it wasn't a tt or RS) and can't tell whether it's had paint or not and there's no history to go with it.

I suppose there's one born every minute...

Adam B

29,646 posts

282 months

Friday 3rd February 2006
quotequote all
sleep envy said:
I suppose there's one born every minute...


sure is if he bought a £40k Porsche with no service history - I mean you don't have to be in MENSA to know that isn't a great idea