Apologies if this has been covered before.
I’m selling my 70 plate Macan.
A dealer contacted me and said he can sell it on a SOR basis, however I keep the car. It’s pretty much in mint condition. If he has a customer, then he will take deposit, buy car from me and then prepare and give to customer.
I presume there is zero risk in this, as I have read horror stories.
Obviously I won’t release until I have cleared funds.
He does want me to sign an agreement to allow him to advertise it, although I will read it carefully.
Thank you.
Sale or Return Question
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- Posts: 1738
- Joined: Mon Jul 12, 2021 3:46 pm
Bung it on Wizzle and let dealers offer on it.Caps4444 wrote: ↑Thu Nov 18, 2021 9:41 am Apologies if this has been covered before.
I’m selling my 70 plate Macan.
A dealer contacted me and said he can sell it on a SOR basis, however I keep the car. It’s pretty much in mint condition. If he has a customer, then he will take deposit, buy car from me and then prepare and give to customer.
I presume there is zero risk in this, as I have read horror stories.
Obviously I won’t release until I have cleared funds.
He does want me to sign an agreement to allow him to advertise it, although I will read it carefully.
Thank you.
Macan GTS (Gen 3) (Mar 24-???)
http://www.porsche-code.com/PRKIVM50
Macan GTS (Gen 3) (Mar 22-Nov 23)
http://www.porsche-code.com/PNIECDM4
http://www.porsche-code.com/PRKIVM50
Macan GTS (Gen 3) (Mar 22-Nov 23)
http://www.porsche-code.com/PNIECDM4
Be careful and definitely read the small print. It's a well know fact that you sign the contract and within it is a long tied in period that they get a commission even if you sell else where that was nothing to do with them. Some are known to do nothing at all, but wait for you to sell and then hit you with a commission bill, similar to signing an estate agent contract as sole agent.Caps4444 wrote: ↑Thu Nov 18, 2021 9:41 am Apologies if this has been covered before.
I’m selling my 70 plate Macan.
A dealer contacted me and said he can sell it on a SOR basis, however I keep the car. It’s pretty much in mint condition. If he has a customer, then he will take deposit, buy car from me and then prepare and give to customer.
I presume there is zero risk in this, as I have read horror stories.
Obviously I won’t release until I have cleared funds.
He does want me to sign an agreement to allow him to advertise it, although I will read it carefully.
Thank you.
Maserati Grecale Trofeo (Primaserie) Collected April 2023
Macan Gen 3 GTS on order: Cancalled April 2023
Macan 2019 GTS Black. (On loan to son in law)
Mini Cooper S (Local run about)
Macan 2016 S D V/Grey (sold)
Macan Gen 3 GTS on order: Cancalled April 2023
Macan 2019 GTS Black. (On loan to son in law)
Mini Cooper S (Local run about)
Macan 2016 S D V/Grey (sold)
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- Posts: 1738
- Joined: Mon Jul 12, 2021 3:46 pm
No. As long as you don't enter into a written contract with them. Have they given you any idea of how much you will get? Hey, how come you're selling such a new car anyway?
Macan GTS (Gen 3) (Mar 24-???)
http://www.porsche-code.com/PRKIVM50
Macan GTS (Gen 3) (Mar 22-Nov 23)
http://www.porsche-code.com/PNIECDM4
http://www.porsche-code.com/PRKIVM50
Macan GTS (Gen 3) (Mar 22-Nov 23)
http://www.porsche-code.com/PNIECDM4
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- Posts: 1661
- Joined: Sat Sep 18, 2021 1:16 pm
- Location: Worcestershire
I assume it's an indie dealer. If so just let him take a commission. Say you want £60k min. If he sells it for that then he gets 10%. Then increase it by 10% for every £1k over 60. 61000 he gets 6k +200. 62k = 6k +300Caps4444 wrote: ↑Thu Nov 18, 2021 9:41 am Apologies if this has been covered before.
I’m selling my 70 plate Macan.
A dealer contacted me and said he can sell it on a SOR basis, however I keep the car. It’s pretty much in mint condition. If he has a customer, then he will take deposit, buy car from me and then prepare and give to customer.
I presume there is zero risk in this, as I have read horror stories.
Obviously I won’t release until I have cleared funds.
He does want me to sign an agreement to allow him to advertise it, although I will read it carefully.
Thank you.
Etc
Currently
S|Leather|Air Susp|Chrono |Surround Camera|BOSE|14 way | AILPG |
http://www.porsche-code.com/PPSV6RD5
Next Project 4 March 2025
https://configurator.porsche.com/porsche-code/PR6MH479
S|Leather|Air Susp|Chrono |Surround Camera|BOSE|14 way | AILPG |
http://www.porsche-code.com/PPSV6RD5
Next Project 4 March 2025
https://configurator.porsche.com/porsche-code/PR6MH479
Just not using it, and also with the current market, a good time to sell.PorscheMack wrote: ↑Thu Nov 18, 2021 10:01 amNo. As long as you don't enter into a written contract with them. Have they given you any idea of how much you will get? Hey, how come you're selling such a new car anyway?
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- Posts: 1738
- Joined: Mon Jul 12, 2021 3:46 pm
I would try WBAC, Cazoo and Wizzle just to get some idea of current value. Or perhaps advertise on this forumCaps4444 wrote: ↑Thu Nov 18, 2021 10:21 amJust not using it, and also with the current market, a good time to sell.PorscheMack wrote: ↑Thu Nov 18, 2021 10:01 amNo. As long as you don't enter into a written contract with them. Have they given you any idea of how much you will get? Hey, how come you're selling such a new car anyway?
Macan GTS (Gen 3) (Mar 24-???)
http://www.porsche-code.com/PRKIVM50
Macan GTS (Gen 3) (Mar 22-Nov 23)
http://www.porsche-code.com/PNIECDM4
http://www.porsche-code.com/PRKIVM50
Macan GTS (Gen 3) (Mar 22-Nov 23)
http://www.porsche-code.com/PNIECDM4
Read the small print very carefullyCaps4444 wrote: ↑Thu Nov 18, 2021 9:41 am Apologies if this has been covered before.
I’m selling my 70 plate Macan.
A dealer contacted me and said he can sell it on a SOR basis, however I keep the car. It’s pretty much in mint condition. If he has a customer, then he will take deposit, buy car from me and then prepare and give to customer.
I presume there is zero risk in this, as I have read horror stories.
Obviously I won’t release until I have cleared funds.
He does want me to sign an agreement to allow him to advertise it, although I will read it carefully.
Thank you.
What appears to be zero risk for you is more likely zero risk for them, after all they advertise a car that they have zero equity in until the point a buyer places a deposit. If i were local to that OPC i'd expect to be able to see and drive any advertised car before buying, but that's not the case for lots of people these days, COVID, Cazoo etc have seen people buying off screen
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