Selling my Cayman S but how...?

[sundiver]

Hi Folks,

I'm going to sell my Cayman S - but the question is how?

Much as I love it I want to free up the cash in it to promptly plonk into a house move (*).

So, I could just 'phone the local OPC I bought it from but I suspect there might be better ways? Any suggestions from people here? I *dont* want to sell privately as I don't have any time right now and I just don't need the hassle.

It's a desirable spec - 06 model - Arctic Silver, full leather, lots and lots of options including extended SatNav, Phone, SportChrono plus, fitted Porsche Tracker etc etc. It was around £53-54K list... I bought it from the OPC at 3000 miles and it's on 6000 now. It's in mint condition - I'm very very careful...;-)

I know I'm not going to get the best price by rejecting the option of a private sale but I don't want to give it away - anything better / more organised than just 'phoning around some OPCs and usual-suspect independents? Any recommendations - good suggestions welcome...???

(*) The irony is that one of the reasons to move is to go to a house with a double garage - I'll just have to wait before I can put anything good in it!

Edited by sundiver on Saturday 4th November 15:56

[Jared_m]

Not an expert but from what I understand you're inline for a HUGE hit if you're looking to get rid of it. Buying from an OPC meant you paid for that cup of coffee they offered you as if it were molten platinum when you went in to buy.

Caymans are desirable, but there are a fair few for sale which means its a buyers market.

I would look hard at the numbers and figure out if selling it is going to be a false economy.

If you do decide to get rid of it, try selling it privately ('tis the only way to get the most for your P&J). If you're in no rush you can afford to stick it out for the best offer, but be prepared to deal with bullies who'll tell you about the time of year, over-supply, etc., etc.

[c2look]

Depending on how urgent you need to sell, what about trying a sale or return option with either an OPC or an Indie? That way you may reach a half way house between trade in and private sale values????

[adam b]

presumably you paid £50k for it, be preapred to take a £10k hit at an OPC

do OPCs do SOR? Is this not an "approved used" car then, they don't do the usual checks resprays etc? Seems odd when they have owners willing to let go at their awful £10k spreads.

[phil_dougan]

well i would stay well away from your opc, i was in car sales and believe you me you should keep within a million miles of your local dealer, get it washed with some good interior and exterior photos and stick it up on Auto Trader and on here, price it between what your opc centre is retailing it for and what they would offer you for it and you should sell it, well in my experience this has been the case. You lose the vat and a bit even after driving it away from the dealer, price it sensibily and you shouldnt have a problem.

[amare32]

I hope you do sell your p&j for the amount you're after...however, it's a buyers market and there are no less than 64 Caymans in the OPC network.

As many will be able to testify, you won't get your options back so worst case scenario you would be lucky to sell for £35k given the usual £10k markup OPC puts on their cars. I know the Cayman is new car against say a used mk2 GT3, but if you have spent £55k for the GT3, the depreciation would not be as severe...

[sundiver]

Cheers folks - I'll give it a try then and report back on what happens. I know I'm going to make a loss - that's just the way it goes - I'm not after miracles - just saving a grand or two between best and worst offer for the sake of a bit of effort...To be honest I'm not even sure what the OPC will offer - we'll see...

[paulburrell]

Don't forget to take the tub of vaseline with you to the OPC, you'll be needing it!

On a serious note, try Henry at 911 Virgin, he may offer you a better price than OPC.

Edited by paulburrell on Saturday 4th November 08:31

Edited by paulburrell on Saturday 4th November 08:33

[muzaa]

Lube up your about to feel the pain...

[Vesuvius 996]

paulburrell said:

Don't forget to take the tub of vaseline with you to the OPC, you'll be needing it!

On a serious note, try Henry at 911 Virgin, he may offer you a better price than OPC.

Edited by paulburrell on Saturday 4th November 08:31

Edited by paulburrell on Saturday 4th November 08:33

I agree - try Henry - he and I are having a tiff at the moment, but he will get you a good price on SOR and won't rip you off.

[diesel130]

Vesuvius 996 said:

paulburrell said:

On a serious note, try Henry at 911 Virgin, he may offer you a better price than OPC.

... but its only done 6,000 miles ...

[sundiver]

Hmmm - yes, sale or return could work - I'm not in a hurry to sell after all - just don't have the time for a private sale I don't think and a SOR could keep it in a shiny polished state rather than my daily 20mile commute... I'll 'phone around and see what is on offer - there are a few local independents that offer SOR services...Thanks folks...I'll post how much it went for when it's gone. Real world data is always useful to others!

[xxplod]

As a fellow Cayman S owner I find this interesting. But IMHO the biggest contributor to depreciation here is the price paid in the first place. Even the OPC salesman told me it was best to keep it under £50K or I'd be hit come resale.

[paracetamol]

diesel130 said:

Vesuvius 996 said:

paulburrell said:

On a serious note, try Henry at 911 Virgin, he may offer you a better price than OPC.

... but its only done 6,000 miles ...

and it itsnt some weird shade of purple with a nice greeen interior...not one for our Virgin!

[iamthestig]

Out of interest AM how come you bought a near £50k car if you were planning to move house so soon afterwards?

[sundiver]

Well, it seems one is often "planning to move house" - just it now actually looks quite likely in my case! Perhaps the relevant amount of inertia has been overcome? Plus, I'm always changing my mind with cars so impulse generally wins out over what might make sense...I originally sold the 993C4S for the same reason but then got taken by the Cayman almost immediately after - just the way it goes....;-)