Unexpected Sale Gen3 S

[BanZ]

Tbh this is exactly where I’d expect the price to be. It’s got almost 3 years of warranty on it and likely hasn’t been mistreated like an ex demo car. There is no supply and lots of demand + it’s around +£2K OTR price compared with what the configurator says.

Good luck and a shame you have/need to sell it.

As for WBAC they clearly haven’t updated their prices to reflect the new generation or don’t have data on its value so are being cautious - last time I checked they valued a gen2 S more highly than gen3…

[Wing Commander]

This might be a dumb question, but regarding the approx £2k OTR costs, wouldn’t the first owner get much of that refunded when the car is no longer his? And buying a car that’s only a few months old, what car tax would be payable by the second owner?

[PorscheMack]

This might be a dumb question, but regarding the approx £2k OTR costs, wouldn’t the first owner get much of that refunded when the car is no longer his? And buying a car that’s only a few months old, what car tax would be payable by the second owner?

No. Most of it is VED tax + year one RFL for new cars over £40k. First owner pays and that's it done. I think!

[BanZ]

Ongoing road tax is £490 per year.

[Wing Commander]

This might be a dumb question, but regarding the approx £2k OTR costs, wouldn’t the first owner get much of that refunded when the car is no longer his? And buying a car that’s only a few months old, what car tax would be payable by the second owner?

No. Most of it is VED tax + year one RFL for new cars over £40k. First owner pays and that's it done. I think!

But if first owner pays nearly £2k for first year’s road tax, but sells the car after a few months, so they no longer own the car, don’t they get most of the car tax back, for ‘unused’ months...?

[New User]

But if first owner pays nearly £2k for first year’s road tax, but sells the car after a few months, so they no longer own the car, don’t they get most of the car tax back, for ‘unused’ months...?

From the DVLA Website:

Refund for the first tax payment on the vehicle
The amount you get back will be based on whichever is lower of:
-the first tax payment when you registered the vehicle
-the rate for the second tax payment onwards

So at least there is some refund....

[Wing Commander]

^^^ Thanks!

[PorscheMack]

This might be a dumb question, but regarding the approx £2k OTR costs, wouldn’t the first owner get much of that refunded when the car is no longer his? And buying a car that’s only a few months old, what car tax would be payable by the second owner?

No. Most of it is VED tax + year one RFL for new cars over £40k. First owner pays and that's it done. I think!

But if first owner pays nearly £2k for first year’s road tax, but sells the car after a few months, so they no longer own the car, don’t they get most of the car tax back, for ‘unused’ months...?

Yes on road Tax for unused months. No on anything else.

[hood69]

New buyer would pay the years tax from acquiring the car-£490
The seller gets say after 3 months ownership roughly 75% of the £490 back.

Would be interesting to know what the trade value on the car is.
Definitely worth a go in a private sale.

[Tracky]

No idea what work is or who owns but can’t you take money over the X5!?!?