How is best to sell Ferrari?

[leeGT2]

Having now owned my Ferrari Scuderia for over a year and a half, and recently having a number 2 baby in the family it is now the time to unfortunately let her go. It is very sad and she will surely be missed, but i'm sure one day again... Since I am rather busy and frequently traveling, I will not have the time to oversee selling the car privately as I would have done i previous circumstances. Therefore, I would welcome any advice in how to best be able to sell the car, ie who could anyone recommend? Also, would I expect to get better results should I give the car on a sale or return basis to a dealer in London then say in other regions in England? I appreciate that now may not be the best time of the year to sell a Scuderia, and that I may be able to sell for a couple of grand more coming to March time but I am not too bothered about this as storing the car till March will probably incur similar costs relative to the extra selling price I could obtain.

Furthermore, seeing that a comparable Scuderia would retail for about 130k, what would be the correct trade price I should accept should I be offered this option from a dealer? How much more should I expect to earn on a SOR basis?

I would appreciate any useful tips especially from individuals with this type of experience...
Cheers

Edited by leeGT2 on Sunday 14th October 22:49

[col68]

SOR with a main dealer I would say 110k to 120k dependent on spec/mileage.....as to getting them to write a cheque going in to the winter....just ask,but be prepared to be shocked.

[wineman02]

Could you sell it privately and ask a friend to deal with all prospective buyers for X sum of money as a thank you for their time?

[johnnyreggae]

For a Scud I'd have thought dealer reputation & finance are more important than location - ask Elms or Furlonger outside network

Also Shocks here may be looking : http://www.pistonheads.com/gassing/topic.asp?h=0&a...

Edited by johnnyreggae on Monday 15th October 09:03

[leeGT2]

Thanks for some of your responses. I will give a few dealers a call. Just before I do though, on a SOR basis, will the dealer guarantee me a net price once he sells the car or does he try to get me the best price he can and then I give him a fixed commission fee on the price he obtains?

[andysv]

Been trying to sell a car myself recently and have spoken to a few dealers about SOR, however decided in the end that by the time they have taken their chunk out (which varies considerably) i may as well have a go at the price i would end up with anyway, obviously the dealer does have the advantage of warranty, finance and part ex but i have sold at this level before without too many problems. My car is a soft top so i'm really heading in to the wrong season but there are two angles here, there are going to be less cars for sale against me and there are definately buyers out there in the winter looking for a deal. The biggest advantage of SOR i would say is you'll avoid the timewasters that plague you even at circa 100k.

[shocks]

johnnyreggae said:

For a Scud I'd have thought dealer reputation & finance are more important than location - ask Elms or Furlonger outside network

Also Shocks here may be looking : http://www.pistonheads.com/gassing/topic.asp?h=0&a...

Edited by johnnyreggae on Monday 15th October 09:03

Yep looking for decent Scud - got a couple coming up so leeGT2 PM me the details, what your looking for and timeframe

[Durzel]

I would've thought the availability of finance would be a big draw for buyers in the market, as would a warranty (or even just the belief that a company is easier to chase through the courts than a "caveat emptor" private sale).

I don't think it as simple as just subtracting the SOR fees and listing privately for that amount and expecting to capture the same market, though I could be wrong.

[leeGT2]

shocks said:

Yep looking for decent Scud - got a couple coming up so leeGT2 PM me the details, what your looking for and timeframe

I've sent you a PM

[kbf1981]

Is it generally best to do SOR with supercars if you're looking to sell one? I'll be selling one of mine soon as I need more space, looking to get a Cayenne Turbo and don't want 3 cars.

Guessing SOR might get better £££'s than straight cheque, and if you know the dealer, jobs a good one.

[paulqv]

I come down from Glasgow to deal with Mike Wheeler of Rardley in Hindhead. Bought two cars form him. VERY straight talking, 26 years ONLY dealing Ferrari. Do not expect rose or red tinted views on your cars. He is one of the few Ferrari people you can rely on. There are a few other good guys out there, but he is the one I would go back to. He knows or has dealt with most people in the specialist trade. Never heard a bad word about him.
Can give him a call.
Paul

[P101]

If you sell a car at a realistic price it will sell, if your greedy it won't.