Parts Catalog Accessories Catalog Tech Info Tech Forums
 
  Search our site:    
 Cart  | Project List | Order Status | Help    
  Join us November 1st for Casino Night at the Pelican Parts Open House!
Benefiting LuMind - Research and Treatment for individuals with Down Syndrome
Go Back   Pelican Parts Technical BBS > 4- Classified Ads > Porsche Marketplace Discussion

Reply
 
LinkBack Thread Tools Rate Thread
Author
Thread Post New Thread    Reply
Registered User
 
Join Date: Oct 2006
Location: Las Vegas
Posts: 33
Unrealistic Buyers

I have been trying to sell my car (78 SC) for a few weeks now and it seems that the buyers out there have begun to think that ANY Porsche is a increadibly valuable collector car. Maybe it is all the TV programing showing the stagering prices and all the experts who tell about numbers matching etc. I have a driver that is all. It has had a large amount of work done...including a repaint. I have been told by some buyers that a repaint cuts the value in half. This is rediculous. An old car with a lot of repair work should have value added for this work. Unless you are buying a collectable (re: pre 74???) and are willing to pay the price lets start looking at good usable cars for what they are...drivers. I have pulled the ads because I am tired of being asked questions such as are the numbers maching etc. Just my 2 cents. Thanks
__________________
1978 911SC
2000 996
Old 02-07-2007, 06:36 AM
  Recommend this thread for the PelicanWiki    Reply With Quote #1 (permalink)
Work in Progress
 
Rich76_911s's Avatar
 
Join Date: Jun 2004
Location: Ardmore, PA
Posts: 2,472
Garage
Man I am surprised you are getting asked those questions, and a repaint devalueing the car by 1/2 not on a driver SC. The only thing I don't like about repaints is that they are good at hiding the past. I wish your car was closer. I loved the chrome trim and the black interiior. You are pricing the car close to what I feel has been the market average for them. My only issue with your car are the incorrect wheels, and the recovering of the driver seat looks a little rough up around the headrest. Good luck with the sale. I guess you have to deal with tire kickers anytime you sell a car.

Rich
__________________
"The reason most people give up is because they look at how far they have to go, not how far they have come." -Bruce Anderson via FB
Old 02-07-2007, 09:02 AM
  Recommend this thread for the PelicanWiki    Reply With Quote #2 (permalink)
Man of Leisure
 
Rockafella's Avatar
 
Join Date: Mar 2004
Location: Los Altos, CA
Posts: 404
Garage
I think it is a bit more than just tire kickers. Porsche buyers typically fall into two categories: the experienced and not. Unfortunately, the gap between the two is tremendous in terms of behavior and expectations.

The experienced buyer knows what the car is, what it's worth, and what to look for.

The inexperienced buyer asks his/her buddies, reads books, and in general comes armed with "knowledge" they don't know what to do with.

I bought all of my Porsches without PPIs after my first one. I know what I am dealing with having done it before.

SCs and Carreras are tough because like you said, these are old cars that are made more valueable with work. First time buyers see work as bad for whatever reason. They need to learn that they aren't all "collectables."

I tried selling my 81SC, priced for quick sale at $11k. No takers because everyone thought it was junk because of the price. This was not the case, I just had a new one coming. I bet if I asked $12k, people would complain it was overpriced.

I was so turned off by the whole experience that I too just kept my car. I decorates the street now and I would rather have it to that versus deal with the type of people who came to look at it.
__________________
Current:
81 911SC Coupe (Platinum Silver) - Factory ltd slip, short shift, bilsteins, 22/28s, turbo ties, A/C delete, Sparco Corsa, cat bypass, sport exhaust
02 Carrera 2 Coupe (Guards Red) - ROW M030, Carrera Sport wheels, PSE in progress

Former:
67 912 Coupe (Light Ivory) - Maestro motor, slow but fun
69 912 Coupe (Irish Green) - Survivor, one owner
70 911E Targa (Light Ivory) - Project
70 914 (Silver) - Bursch exhaust, track suspension
82 911SC Coupe (Rosewood) - Restored
85 Carrera Coupe (Meteor Grey) - 7&8s, Spoilers, Euro suspension, H4s, factory ltd slip, short shift
90 Carrera 2 Coupe (Grand Prix White) - Factory ltd slip, Cup IIs, showroom condition

"Game knows game" - Ice-T

Last edited by Rockafella; 02-08-2007 at 07:25 PM..
Old 02-07-2007, 11:43 AM
  Recommend this thread for the PelicanWiki    Reply With Quote #3 (permalink)
Custom User Title
 
Join Date: Jul 2004
Location: WI, US
Posts: 583
Bob,

I think you have quite a nice SC based on your ad in the For Sale section. I wouldn't give up hope if you still wish to sell your car.

I looked pretty heavily for a car last year and saw many, many cars priced higher than yours that were in much worse shape.

Also, spring is right around the corner for a lot of us in the northern states and that brings out additional buyers. Once a few days of warm weather hits, everyone gets car fever and people get serious about buying sports cars. Now, with snow on the ground and sub zero temps in the northern climates, no one wants to deal with bringing a 911 home and then having to deal with it in this weather.

I know when I sold my '86 with 115,000 on it back in 2000, people would give me hassles about the stone chips on the front (it's original paint on a 15+ year old sports car for Pete's sake!!!) and pretend they heard certain parts making noise and all kinds of other B.S. to get the price down. However, I unloaded it quickly to a dealer since I priced it pretty agressively and I always had the car looking perfect. Always vaccummed, washed and waxed and the rims and tires detailed. All that stuff helps sell cars.

It takes a lot of patience to sell 20+ year old Porsches. If you are still thinking of selling, I wouldn't give up after just two weeks. This process can take months...

Best of Luck,

Jay
90 964, 84 3.2
Old 02-08-2007, 06:35 AM
  Recommend this thread for the PelicanWiki    Reply With Quote #4 (permalink)
Registered User
 
GothingNC's Avatar
 
Join Date: Nov 2004
Location: Raleigh, NC
Posts: 2,698
Quote:
Originally posted by Jay H
Bob,

It takes a lot of patience to sell 20+ year old Porsches. If you are still thinking of selling, I wouldn't give up after just two weeks. This process can take months...

Jay
90 964, 84 3.2
Ditto,

It took me 2 years to sell my 63 VW Notchback and a frind of mine just sold his 911 Targa after 11 months on the market, just had to find the right buyer.

Hopefully it will be quicker for you.
__________________
John D.
82 911 SC Targa-Rosewood
04 Jetta TDI
05 Jetta GLI
Old 02-08-2007, 07:41 AM
  Recommend this thread for the PelicanWiki    Reply With Quote #5 (permalink)
Registered User
 
Join Date: May 2006
Location: Dana Point, Ca
Posts: 24,899
Garage
It's not just your car, it is the people out there, I have been trying to sell a 71 Buick Skylark 455 that is completely done and great looking for six months. The dummys look at it and tell me "if it was a GS I would buy it for that" I just tell them if it was a GS they would be paying twice what I want. They don't get it.
But, as long as I keep it, I am putting less miles on my 911.
__________________
Dean

Gene Simmons on voting for Obama
"I want my vote back"
I was wrong again but I will not apologize, I am a little man, Mike/satman
Old 02-08-2007, 11:42 AM
  Recommend this thread for the PelicanWiki    Reply With Quote #6 (permalink)
 
Now Available for Ordering:   101 Projects For Your BMW 3 Series 1982-2000  [more info]
.
 
Join Date: Sep 2003
Location: In Flanders Fields where the poppies blow
Posts: 17,066
when i was selling mine, i had dorks come with a 4 K offer while the boldly tried to convince me that i should take the offer on the spot, because tomorrow it would be off the table

yeah right, i knew my car wasn't perfect, but 4K wasn't even enough to cover the mfi intake parts + new exhaust i had on that car....

there's a lot of turds in the world, and they will blatantly try to ripp you off, thinking you are dumb enough to fall for their blunt attempt...

and probably some folks will actually fall for such attempts... that's the worst part of it...not that they try, but that they on occassion will succeed..
Old 02-09-2007, 03:56 AM
  Recommend this thread for the PelicanWiki    Reply With Quote #7 (permalink)
Junior Member
 
Join Date: Feb 2007
Posts: 2
I've bought and sold plenty of cars over the years. As a seller, you're never happy with buyers, as a buyer, it's the reverse. From your listing it appears you are a bitter seller, particularly with the final posting. "No longer for sale. Thanks"

So you're getting poor responses from your listing. This may be a result of the fact that you KNOW you have a great car, but for some reason no one else is getting it. Change this by beefing up the marketing. Rather than list the many updates one line, list when they happened, as you started off doing. If it's a driver's car, let the potential buyer know up front. Anticipate the questions and do everything you can to over-communicate. Buyers fall into two categories those who know Porsches and those that read about them in books?? It's not the car, it's the marketing.
Old 02-09-2007, 11:03 AM
  Recommend this thread for the PelicanWiki    Reply With Quote #8 (permalink)
Registered User
 
GothingNC's Avatar
 
Join Date: Nov 2004
Location: Raleigh, NC
Posts: 2,698
I have a buddy who listed his Porsche on the Market a few weeks ago.

He had two potential buyers pay for a PPI first then look at the car (the're doing it backwards)

PPI went very well at both shops and the first guy got cold feet because the shop could not determine how many more miles the clutch would last and the second guy only drove a 996-Tiptronic and wasn't so sure about driving a manual.

The shops were very happy to collect the buyers money.

If was going to sell mine, I would just list the car and keep driving instead of letting it collect dust in the garage.

__________________
John D.
82 911 SC Targa-Rosewood
04 Jetta TDI
05 Jetta GLI
Old 02-09-2007, 11:09 AM
  Recommend this thread for the PelicanWiki    Reply With Quote #9 (permalink)
Custom User Title
 
Join Date: Jul 2004
Location: WI, US
Posts: 583
This is not directed at Bob, but just for the folks following along at home...don't over do it either when you sell a car. List the major stuff you've done to the car and not every little nut and bolt that has been replaced. I think knowledgeable buyers don't care about when the hood shocks were replaced or when a person replaces the cigarette lighter. They just want to know about the really major stuff (expensive stuff) like replaced clutches, charged A/C, top end rebuilds, major brake work, new Bilstein shocks, etc. etc.

Reading some of these ads where people list line item after line item on every little thing they did to their car during the last 10 years is really a turn off (to me anyway). When I was looking last year, I would sometimes just skip those ads initially and move on so that I wouldn't waste time. As a knowledgeable buyer, I know I'm going to have to spend $500 to $1500 on the car for hood shocks and all the little things that add up when it hits my driveway to get it up to my standards.

Also, too much detail on what all has been fixed may turn off the 'unwashed' as well and may make them think these cars are money pits. Well, they are money pits, but you don't want the potential buyer to find that out until their check has cleared your bank account...

As bostn33 says, it's all in the marketing.

Last edited by Jay H; 02-09-2007 at 05:17 PM..
Old 02-09-2007, 12:07 PM
  Recommend this thread for the PelicanWiki    Reply With Quote #10 (permalink)
Registered User
 
Join Date: Sep 2005
Posts: 335
Selling cars

It seems that everybody that is on Pelican board, more than likely owns a Porsche. I think that we limited amount of buyers on this board.

Great source to sell used items.

How many people are going to travel the country side to purchase a Porsche 944 or 911 that is a daily driver?

What other sources have worked well to sell Porsche automobiles? Autotrader, Collector Car online, Hemmings, Cars.com, local paper?
Old 02-10-2007, 06:30 AM
  Recommend this thread for the PelicanWiki    Reply With Quote #11 (permalink)
Registered User
 
Join Date: Jul 2004
Location: Buena Park, Ca.
Posts: 836
Porsche Crest 78 911 SC

Hi Bob,

Sorry to hear about your negative experience with buyers. That sometimes happens. My 1st Porsche was an 83 911 SC Euro. So, I understand the frustration you must feel. Since, I am a previous SC owner, I hope you are not offended by my thoughts.

1st...SC's are great cars...period. However, their market value does not represent the previous statement. Unfortunately, SC's are really not in great demand. There are too many to choose from and the leverage is with the buyer.

So, in reference to your 78 SC, it is a tough sale. Leverage is with the buyer and they can take it or leave it. They have plenty of options. Market value often lacks logic and justification. It is, what it is. So, unless you are able to accept market value....which I am sure is rock bottom, keep the car.

Again, "SC's are great cars...period." In fact, I will go one step further. They are the most reliable affordable Porsche you can own-(Opinion) BTW...my 83 Euro SC is approaching 300K miles....case has never been split and I see it every year at the German Auto Fest.

Best of luck Bob,

Paul
__________________
1970 911 (SLVR/BLK/SRD)
930 RSR in "Excellence" Sept 2007 (SOLD)
1983 911SC EURO (SOLD)
Old 02-19-2007, 04:59 PM
  Recommend this thread for the PelicanWiki    Reply With Quote #12 (permalink)
Registered User
 
reesestewww's Avatar
 
Join Date: Feb 2003
Location: Florida
Posts: 603
Garage
I was selling a 2000 Ford F350 a couple years ago with 102K mikes on it. The Transmission went out and I had it completely replaced with modern day parts at a cost of $2,500 Turned right around and sold the truck. I had a potential buyer tell me “they don’t want the truck if the transmission has been replaced.” I told them “Good, go find a truck with 100K miles on and pay to have the transmission replaced yourself." IMO unbelievable, don’t understand why ppl don’t want t car that has had maintenance performed on it…
__________________
82 911 SC.
Old 02-25-2007, 09:18 AM
  Recommend this thread for the PelicanWiki    Reply With Quote #13 (permalink)
Registered User
 
konish's Avatar
 
Join Date: Nov 2003
Location: Yokosuka, Japan
Posts: 501
Funny, I'm at the other end of the spectrum. I'm looking for decent drivers and of all the PMs I've sent there have been few (in some cases, no) responses. I've given my cell number to a few to discuss cars but they either aren't interested in discussing their FS ad, or don't really want to sell. I consider myself a reasonable person..asking about major items like broken heead studs, title status, mileage, records, PPI details etc, but certainly don't expect a "numbers matching" car.

Oh, and it seems these days everyone is sitting on a "rare" color combo, or simply thinks their 150K mile '78-'86 911 is "perfect" which is seemingly driving the price up...although I will admit to being out of the market for about 18 months. Hell, 18 months ago, dudes were having a tough time selling really nice SC's for more than $12k. Any sellers out there with clean, 930s, SC's or Carreras for sale?

R/
Dustin
Old 03-05-2007, 08:34 PM
  Recommend this thread for the PelicanWiki    Reply With Quote #14 (permalink)
Registered User
 
Join Date: Sep 2003
Location: Lancefield Victoria Aust
Posts: 318
Garage
Some buyers just need to view a few cars to understand condition and asking prices. I always do this by viewing a few cars. I normally try and see dealers cars and then 1 or 2 private cars to understand the market before getting serious. I never drive the cars but need to get feel of conditions and prices.
__________________
Regards

Bruce
Past 89 3.2 Carrera (Sold), 94 3.6 Turbo (Sold)
Present 94 C36 AMG M-Benz, 93 SL500 M-Benz, 08 C63 AMG M-Benz
Old 03-15-2007, 03:15 AM
  Recommend this thread for the PelicanWiki    Reply With Quote #15 (permalink)
Registered User
 
Join Date: Apr 2006
Location: Houston, TX
Posts: 511
I just sold this 78SC with 155K miles for $9,500. Some people were suspicious because they thought the price was too low. It's in mechanically great condition with ALL records from new, but it's been repainted, a/c doesn't work and the dash is cracked. I looked at several cars on the board FS for 10,500 to 12K that weren't moving and decided that I won't let $1,000 be the deciding factor.

Old 03-16-2007, 06:31 PM
  Recommend this thread for the PelicanWiki    Reply With Quote #16 (permalink)
Registered User
 
Join Date: Jul 2004
Location: Buena Park, Ca.
Posts: 836
Porsche Crest Wow!

That's a good lookin car!
Love the duck tail!
I have a duck on one of mine too!
__________________
1970 911 (SLVR/BLK/SRD)
930 RSR in "Excellence" Sept 2007 (SOLD)
1983 911SC EURO (SOLD)
Old 03-16-2007, 07:35 PM
  Recommend this thread for the PelicanWiki    Reply With Quote #17 (permalink)
Custom User Title
 
Join Date: Jul 2004
Location: WI, US
Posts: 583
Quote:
Originally posted by ulrichd
I just sold this 78SC with 155K miles for $9,500.
I gotta agree with Paul right above that this car looks great on that carrier. Agressive look with the rim/tire combo, front spoiler and duck tail peaking out. Someone got a nice car for a good price.

When I sold my '86 back in '00, I sold it for probably $1000 to $1500 what it maybe should have brought. But I too wanted it gone quickly and it wasn't worth it to wait around for months trying to get top dollar. To each his own though.
Old 03-17-2007, 05:04 AM
  Recommend this thread for the PelicanWiki    Reply With Quote #18 (permalink)
 
Now available:  101 Projects for Your Porsche Boxster!
Registered User
 
techweenie's Avatar
 
Join Date: Jul 2000
Location: West L.A.
Posts: 17,064
Garage
SCs are a relative bargain now. Some of the early cars are bringing 2-3 times their value from the standpoint of longevity and driving experience.

The irrationality of the market just has some people stumped (see the value thread on 911 parts for sale section). But the market isn't rational.

I have an RS-look '72 coupe I'm getting ready for sale and it will bring a price equivalent to what an '87 - 89 Carrera coupe will sell for. Life just isn't fair.
__________________
techweenie
News: Youtube.com/fastlanedaily Stories: Youtube.com/drive
'02 Turbo, '72 911 Beige Gray hot rod, '72 911 Gemini Blue Metallic hot rod
'13 Chevy Volt parts fetcher
Old 03-17-2007, 11:12 AM
  Recommend this thread for the PelicanWiki    Reply With Quote #19 (permalink)
Registered User
 
kdfoust's Avatar
 
Join Date: Jan 2002
Location: SoCal
Posts: 149
Hello. I'm selling and buying right now although I'd prefer to sell first then buy...patience...patience.

One thing I've been wondering about is to what extent real estate deflation impact the used Porsche market. My gut is telling me that a lot of those high priced sales may well have been HELOC (home equity line of credit) enabled. Easy come easy go...

Regards,
Kevin

Quote:
Originally posted by techweenie
SCs are a relative bargain now. Some of the early cars are bringing 2-3 times their value from the standpoint of longevity and driving experience.

The irrationality of the market just has some people stumped (see the value thread on 911 parts for sale section). But the market isn't rational.

I have an RS-look '72 coupe I'm getting ready for sale and it will bring a price equivalent to what an '87 - 89 Carrera coupe will sell for. Life just isn't fair.
Old 03-17-2007, 05:05 PM
  Recommend this thread for the PelicanWiki    Reply With Quote #20 (permalink)
Old 03-17-2007, 05:05 PM
Reply

Thread Tools
Rate This Thread
Rate This Thread:

 



All times are GMT -8. The time now is 09:13 AM.


 
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2011 Pelican Parts - Posts may be archived for display on the Pelican Parts Website -    DMCA Registered Agent Contact Page
 

DTO Garage Plus vBulletin Plugins by Drive Thru Online, Inc.