Selling boxster - should I wait for next summer?

[walm]

Just wondered if anyone has done the math on whether I should wait until next year and some sun?
2000 model Boxster S 60k around £15k not getting a sniff except from those nice chaps in Nigeria.
Everybody says it is bad to sell in the winter and better to sell as the sun comes out but can anyone put a rough figure on it?
I don't need the cash so I can wait.

[mr pg]

It's not so much that you'll get more money (you may), but that there'll be much more interest in the spring in that type of car. I sold my 3.0 Z3 back in early spring when I was able to take the (now) owner out on a warm, sunny spring evening. Ideal.

[Lurking Lawyer]

I had this dilemma selling a convertible (in my case, an S2000) last summer.

After crunching some numbers, I came to the conclusion that the further depreciation in leaving it for another 6 months and selling in spring was likely to outweigh any hit taken selling "out of season".

I'm yet to be convinced that soft top prices drop during winter in circumstances other than forced sales. Obviously, if you've got to sell, you'll have to drop to move it. Otherwise, selling in autumn/winter just means that you have to wait longer for a buyer prepared to pay your asking price.

[Wanta996(Gotta)]

You can wait until next year BUT what you will find is that 987 prices will have dropped further and will have a knock-on effect on your car anyway. Basically you are F**ked and will have to sell for allot less than you are after, there are only a handfull of cars that can get away with it.

[Silver993tt]

Yeah but most people know that winter is the time to buy a soft top.

[MogulBoy]

If it was a 1yr old car, you might be better to sell now as it would be worth less at 18months old.

Your 7yr old car can't depreciate much in % or £ terms between now and spring in my opinion and as others have said, there will be more buyers around.

Might even be worth taking it off the market as the pain of entertaining p1sspoor offers can drag and when the market picks up, you don't necessarily want anyone to know that it has been on the market for ages as they will automatically assume that your might accept a cheeky one. I suppose plan be would be to contiuously pull and re advertise using new photos where possible to keep things fresh.

[anonymous-user]

Not the very best time to sell, but it's not exactly Dec/Jan yet! If you're not going to get the benefit of driving it, sell it now. It's value will only go one way over time and it isn't up. If it's not selling, then your asking price is simply too high.

[walm]

uktrailmonster said:

Not the very best time to sell, but it's not exactly Dec/Jan yet! If you're not going to get the benefit of driving it, sell it now. It's value will only go one way over time and it isn't up. If it's not selling, then your asking price is simply too high.

Thanks chaps. This was my overall conclusion.
I was hoping there might be some financial grounds to persuade the missus I should keep it for another six months. Damn.

[Paracetamol]

nothing to do with the weather-everything to do with the price and mileage...Boxsters sell all the year round at the right price

[POORCARDEALER]

Paracetamol said:

nothing to do with the weather-everything to do with the price and mileage...Boxsters sell all the year round at the right price

For once I agree with Para.........sell it now.......there are loads of them out there makes yours a touch cheaper, prepare it for sale well and it will sell........if it doesnt drop it £500, give buyers a reason to come and look at yours. (we sell as many convertables in winter as summer)

[gttastic]

walm said:

Just wondered if anyone has done the math on whether I should wait until next year and some sun?
2000 model Boxster S 60k around £15k not getting a sniff except from those nice chaps in Nigeria.
Everybody says it is bad to sell in the winter and better to sell as the sun comes out but can anyone put a rough figure on it?
I don't need the cash so I can wait.

I'm thinking of selling mine too as I would like to buy a 911 Turbo (still trying to decide between the 993 and 996 but that's another story) and I think you may have to chip a bit off your price in order to sell quickly.

I have a 986S on a 2001 Y with 51,000 miles and full OPC service history in a popular colour combo and lots of factory extras which I would realistically value at a smidging more than yours in the current marketplace if I were in need of a quick sale.

Its a lot of metal for the money, and I have lost a bundle on it since purchasing it 3 years ago, but this is the kind of money they are realistically worth and sadly I have to accept that.

I think you will have more buyers interested next Spring/Summer but the car will have lost more money by then... Horses for courses I suppose.