Market ch

[bhmkv]

I have been thinking of selling. Considering going with a local broker in CT for the sale. If I was to sell it myself I would do local only due to all the scams I read about. How have people here sold in past?

[bhmkv]

Sorry about the title. Was trying to change it and it somehow just posted?

[COLB]

I guess it depends on the broker, and how big a hurry you are to sell it.

A consigner has incentive to ask top dollar, and that is fine if you don't want/need the money right away, and are willing to pay the cost to avoid the hassle.

Also, how good of a car is it? Is the broker a Porsche guy, or a car seller in general. If it is a mid-high mileage driver, it may not matter much. If it is a low mileage, original car that should bring a premium, go with a guy who understand the market and what is required.

I have yet to sell a car on BaT, but it is a way to get national exposure, and a quick, certain sale (if your reserve is realistic) with low risk of scammers/shill bidders, etc.

But you have to put the effort in -- full pictures, full disclosure, and personal involvement in the Q&A. otherwise, that audience will pick your car apart. It also needs to be a "no stories" car. It doesn't have to be perfect -- but the flaws need to be explained. If the bulk of the history is "oral", the numbers don't match, there is no COA, and you try to gloss the car as better than it is (which most brokers do) -- it will get hammered.

[Rick Brooklyn]

Originally Posted by bhmkv

I have been thinking of selling. Considering going with a local broker in CT for the sale. If I was to sell it myself I would do local only due to all the scams I read about. How have people here sold in past?

It's a bit late in the season but locally in CT you can reach a solid audience between CVR PCA events, caffeine and carbs in new can and other smaller gatherings, and just word of mouth from some of the trusted mechanic shops.

If it's a condition 3 SC, I wouldn't go with a broker. If it's a time capsule concours winner, then maybe yes.

[tsp533]

I sold a car on BaT a few months ago - I tried to disclose every flaw as well as accentuate all the positive features, and I interacted with the posters as much as time allowed.

The car sold for several thousand dollars more than its reserve, and its new owner in the UK was satisfied when he received the car.

It was probably the easiest private sale I've experienced - No tire kickers or dreamers and the ability to answer and explain any question or concern.

And finally, its only a $250 fee to the seller!

[sugarwood]

I remember when you bought your car.
Looks like you never really got much into driving it?
Reminds me of this thread
http://forums.pelicanparts.com/porsche-911-technical-forum/898302-has-your-911-become-garage-trophy-you-never-drive.html

Why involve a broker for a car that sells itself?
Are you worried about getting scammed?
Cash or a bank check solves that issue, right?

[Rawknees'Turbo]

Originally Posted by sugarwood

Why involve a broker for a car that sells itself?

Uhhhh, the car does not advertise itself, speak to potential buyers (many of which will be lowballing dreamers and time wasters), schedule test drives, fret over PPI requests, deal with payment and and paperwork, and then do it all over again when the chowderheaded buyer backs out at the last minute.

[matt930s]

I like the picture collectors.

MattR

[sugarwood]

Originally Posted by Rawknees'Turbo

Uhhhh, the car does not advertise itself, speak to potential buyers (many of which will be lowballing dreamers and time wasters), schedule test drives, fret over PPI requests, deal with payment and and paperwork, and then do it all over again when the chowderheaded buyer backs out at the last minute.

Good point, but doesn't this more apply to regular cars that take weeks or months to sell ?
Unless the bloom is off the rose, not long ago, buyers were competing with flippers who would show up the first day with a trailer and cash.
It seems most 911's priced right will sell very quickly with little hassle.

[COLB]

Originally Posted by sugarwood

Good point, but doesn't this more apply to regular cars that take weeks or months to sell ?
Unless the bloom is off the rose, not long ago, buyers were competing with flippers who would show up the first day with a trailer and cash.
It seems most 911's priced right will sell very quickly with little hassle.

price is key.

Price it a little below market, and you can probably sell it quick. If you are looking for top dollar, expect buyers to require "due diligence" (ppi, etc)

What is the dollar value of your time?

[NYNick]

I used a broker in CT (right off 95) for one of my 911's a few years ago. It was a second rate car, but they priced it accordingly. At a 10% Fee, I could've done better, but it hadn't sold in months, and I wanted out.

As soon as I listed it, a buyer came in at asking from a Porsche Post ad I had placed. I ended up having to pay the broker anyway, but they discounted the fee. Very fair of them.

If you don't have the patience for selling cars, pick your brokers carefully.

Nick

[bhmkv]

Still on the fence. Its been a fun car, but only take it out once a week if that.

[sugarwood]

Here is my suggestion. Keep it parked outside for this week. Drive it to work all week. Use it for everything.

You will not regret it either way. If you sell, you'll be glad you have girlfriend a good banging before passing her to the next guy. Or, you may decide to keep it. Win/Win

[bhmkv]

Originally Posted by sugarwood

Here is my suggestion. Keep it parked outside for this week. Drive it to work all week. Use it for everything.

You will not regret it either way. If you sell, you'll be glad you have girlfriend a good banging before passing her to the next guy. Or, you may decide to keep it. Win/Win

I plan to try this starting tomorrow. Turned in my company car today. Will likely pick up a new daily driver soon, but will try using the 911 daily for a while. Maybe a week to start.

[sugarwood]

Very cool. I'm curious what one full week does to someone's mindset. Please update that garage Queen thread with results.

Getting over keeping it outside is probably the key mental hurdle. After that, is finally just a car. A car with a kick ass build quality and amazing clear coat quality. It won't melt..Just remember you can give it a nice spritz detail at the end of the week, if the OCD is raging.

[bhmkv]

Originally Posted by sugarwood

Very cool. I'm curious what one full week does to someone's mindset. Please update that garage Queen thread with results.

Getting over keeping it outside is probably the key mental hurdle. After that, is finally just a car. A car with a kick ass build quality and amazing clear coat quality. It won't melt..Just remember you can give it a nice spritz detail at the end of the week, if the OCD is raging.

May still garage it at the end of each day. Do have a vacation coming up in a few weeks pushing my wife toward taking it to Newport for a few days. I plan on driving it daily. Work, gym, shopping... Let's see how this goes lol

[sugarwood]

To clarify, the intent is not a "special trip" but mundane daily driving, as you stated (grocery, work, gym, etc) My rationale for not garaging was to fully simulate a commuter car, one that does not have 2 cars blocking it. The goal is to see what happens when you eliminate collector car variables, and make it a regular pedestrian car for a week. Yes, one full week (includes a weekend). And then reflect upon usage patterns which may inform the decision to sell or keep.

[Norm K]

Originally Posted by Rawknees'Turbo

Uhhhh, the car does not advertise itself, speak to potential buyers (many of which will be lowballing dreamers and time wasters), schedule test drives, fret over PPI requests, deal with payment and and paperwork, and then do it all over again when the chowderheaded buyer backs out at the last minute.

Take it from ^^^ this ^^^ guy who, from what I'm told anyway, is the low balls expert.

_

[Rawknees'Turbo]

Originally Posted by Norm K

Take it from ^^^ this ^^^ guy who, from what I'm told anyway, is the low balls expert.

_

Norm, I wish you would buy another 930, bub!

[Norm K]

Originally Posted by Rawknees'Turbo

Norm, I wish you would buy another 930, bub!

Why would I want to? It was only the baddest of the many (70+) cars I've owned, the iconic Teutonic supercar, the most sensual car to wash that's ever been designed, the, well, you get it ...

_