The Collecting Cars Porsche thread…

[julian987R]

This is nice as Gen 1's go
https://www.elferspot.com/en/car/porsche-997-gt3-2...

and they have a second one

https://www.elferspot.com/en/car/porsche-997-gt3-2...

[julian987R]

Dan911 said:

And we are off………

Car is at £83,500.

41 bids already!?!

[Dan911]

julian987R said:

This is nice as Gen 1's go
https://www.elferspot.com/en/car/porsche-997-gt3-2...

and they have a second one

https://www.elferspot.com/en/car/porsche-997-gt3-2...

?
https://www.pistonheads.com/buy/listing/11692223

Must be sharing the sale car for more exposure.

[julian987R]

Dan911 said:

julian987R said:

This is nice as Gen 1's go
https://www.elferspot.com/en/car/porsche-997-gt3-2...

and they have a second one

https://www.elferspot.com/en/car/porsche-997-gt3-2...

?
https://www.pistonheads.com/buy/listing/11692223

Must be sharing the sale car for more exposure.

Yep could be a sister company thing? Nice though aren't they both of those.

[MrVert]

Anyone on here snap his one up?

https://collectingcars.com/for-sale/1977-porsche-9...

I was seriously tempted….looks lovely

[BertBert]

MrVert said:

Anyone on here snap his one up?

https://collectingcars.com/for-sale/1977-porsche-9...

I was seriously tempted….looks lovely

Lovely looker indeed!

[shantybeater]

Wow the comments. Some expert claiming rusty torx bolts for the bonnet on an 11 year old car means the car has had paint etc..

This isn’t the first time I’ve seen people negatively commenting in order to try and drag down the final value

[dopsonj]

BertBert said:

The 170k mile 997.1 GT3 that passed through my hands is still on its original PCCBs

And a clean bill of health given by Fearnsport at 179,000 - Whoop.

[Dan911]

shantybeater said:

Wow the comments. Some expert claiming rusty torx bolts for the bonnet on an 11 year old car means the car has had paint etc..

This isn’t the first time I’ve seen people negatively commenting in order to try and drag down the final value

I think I’m reading, the chap stating this hasn’t even seen the car.

[BertBert]

dopsonj said:

And a clean bill of health given by Fearnsport at 179,000 - Whoop.

👍👍😎😎

[Slippydiff]

shantybeater said:

Wow the comments. Some expert claiming rusty torx bolts for the bonnet on an 11 year old car means the car has had paint etc..

Oh that’s nothing, over the years there have been plenty of Porsche’s “written off”, “reshelled” or “must have had a massive rear end shunt” according to various sages on PH. And how did these “experts” reach these conclusions ??
Why the badges were missing off the engine covers of course

[N111BJG]

I was considering the Collecting Cars option for selling my 911
After writing a very detailed description & history & submitting online it was clear during my phone call with them that had been a pointless exercise, as they hadn’t read it.
Then ensued a conversation about value, I said what I was expecting & was promptly told that was unrealistic. Some quite ill humoured debate followed whereupon I was told that my figure was £5k too high.
However the figure I’d stated was the one suggested by The Market in a recent phone call with them & only £1,250 above WBAC offer which wouldn’t be factoring in the Hartech engine rebuild.
Seems to me they are seeking guaranteed sales (& commission) by trying to set low reserve figures.

[Slippydiff]

N111BJG said:

I was considering the Collecting Cars option for selling my 911
After writing a very detailed description & history & submitting online it was clear during my phone call with them that had been a pointless exercise, as they hadn’t read it.
Then ensued a conversation about value, I said what I was expecting & was promptly told that was unrealistic. Some quite ill humoured debate followed whereupon I was told that my figure was £5k too high.
However the figure I’d stated was the one suggested by The Market in a recent phone call with them & only £1,250 above WBAC offer which wouldn’t be factoring in the Hartech engine rebuild.
[b]Seems to me they are seeking guaranteed sales (& commission) by trying to set low reserve figures.[/i]

Rest assured, the reserve figure agreed means nothing, purely because they’ll be texting you/ringing you in the closing stages of the auction to tell you you “need” to either drop the reserve, or dispense with it altogether ...
As you’ve rightly said, their business model is all about guaranteed sales, at pretty much any cost (to the vendor, obviously)

[shantybeater]

Slippydiff said:

Oh that’s nothing, over the years there have been plenty of Porsche’s “written off”, “reshelled” or “must have had a massive rear end shunt” according to various sages on PH. And how did these “experts” reach these conclusions ??
Why the badges were missing off the engine covers of course

. I think my issue with this one in-particular is the fact they have posted it on an auction page for all bidders to see. CC should vet comments if they are attempts to knock a cars value, it's incredibly back handed. Insinuating a car may have been crashed because of a couple of rusty bolts is beyond ridiculous

[Slippydiff]

shantybeater said:

. I think my issue with this one in-particular is the fact they have posted it on an auction page for all bidders to see. CC should vet comments if they are attempts to knock a cars value, it's incredibly back handed. Insinuating a car may have been crashed because of a couple of rusty bolts is beyond ridiculous

I suspect CC aren't particularly bothered at any attempt to reduce a car's value by prospective bidders, because ultimately, as long as the car sells, they're laughing all the way to the bank ...

[DMZ]

N111BJG said:

I was considering the Collecting Cars option for selling my 911
After writing a very detailed description & history & submitting online it was clear during my phone call with them that had been a pointless exercise, as they hadn’t read it.
Then ensued a conversation about value, I said what I was expecting & was promptly told that was unrealistic. Some quite ill humoured debate followed whereupon I was told that my figure was £5k too high.
However the figure I’d stated was the one suggested by The Market in a recent phone call with them & only £1,250 above WBAC offer which wouldn’t be factoring in the Hartech engine rebuild.
Seems to me they are seeking guaranteed sales (& commission) by trying to set low reserve figures.

I think they understand the auction dynamics: a bidder needs an incentive to bid. Reserves remove the incentive to bid. If the seller isn’t taking any risks then what’s the point?

Did you get a good price for your car in the end?

[N111BJG]

DMZ said:

N111BJG said:

I was considering the Collecting Cars option for selling my 911
After writing a very detailed description & history & submitting online it was clear during my phone call with them that had been a pointless exercise, as they hadn’t read it.
Then ensued a conversation about value, I said what I was expecting & was promptly told that was unrealistic. Some quite ill humoured debate followed whereupon I was told that my figure was £5k too high.
However the figure I’d stated was the one suggested by The Market in a recent phone call with them & only £1,250 above WBAC offer which wouldn’t be factoring in the Hartech engine rebuild.
Seems to me they are seeking guaranteed sales (& commission) by trying to set low reserve figures.

I think they understand the auction dynamics: a bidder needs an incentive to bid. Reserves remove the incentive to bid. If the seller isn’t taking any risks then what’s the point?

Did you get a good price for your car in the end?

This all happened in the past week, so haven’t decided what to do.

[webstercivet]

You can't expect to set the reserve above the market price you'd obtain through other routes e.g. WBAC. Obviously in some market conditions, sellers can get away with anything - but in general the seller needs to take on some downside risk if they want access to the upside risk an auction offers.

[Jibaro]

N111BJG said:

DMZ said:

N111BJG said:

I was considering the Collecting Cars option for selling my 911
After writing a very detailed description & history & submitting online it was clear during my phone call with them that had been a pointless exercise, as they hadn’t read it.
Then ensued a conversation about value, I said what I was expecting & was promptly told that was unrealistic. Some quite ill humoured debate followed whereupon I was told that my figure was £5k too high.
However the figure I’d stated was the one suggested by The Market in a recent phone call with them & only £1,250 above WBAC offer which wouldn’t be factoring in the Hartech engine rebuild.
Seems to me they are seeking guaranteed sales (& commission) by trying to set low reserve figures.

I think they understand the auction dynamics: a bidder needs an incentive to bid. Reserves remove the incentive to bid. If the seller isn’t taking any risks then what’s the point?

Did you get a good price for your car in the end?

This all happened in the past week, so haven’t decided what to do.

I'm reading this with interest, my car is going to be going up for auction on CC soon, the photos were done last week and I've "agreed reserve" and filled out the consignment form. The way I see it is that whilst I expect CC to ask to reduce/remove the reserve if it looks like it might not sell, I have already agreed the reserve at the minimum I am prepared to accept, so CC will have no leverage and I'll just ignore the pressure and run the "risk" of it not selling. In reality this is "no risk", as if it doesn't sell I can advertise it myself maybe for that amount either after the auction or next year, or just keep it. It's been an enlightening few weeks since deciding to sell the car that's for sure, I am in the unusual position of having the only Porsche that doesn't seem to have benefitted from the recent "bubble"

[LaurasOtherHalf]

Be careful on what your reserve is. With my mate's Landy, it didn't meet the reserve and CC still sold it. They simply ponied up the extra cash to what his reserve was without telling him.