Who is off the mark here ? ( p/ex offer )

[[ui]ICEMAN]

does when they are seeling used cars though


When I sold the M3 I had one telling me silver was a bad colour these days, the Porsche I was looking at p/ex ing it against was .........................

well I am sure you can guess

That's exactly what I'm saying. It's a farce.
The dealer when you buy new tells you to get certain options to protect resale yet when you trade in, they are almost worthless. Funny how they're worth a lot to the dealer when it's on the lot isn't it

 

[Eriedor]

A good spec would mean a lot more when selling privately, particularly with Porsches I've found.

(or at least that's what I keep telling myself )

 

[Maz]

Does that account for the big spec ?

The spec will put it closer to the Clean price.

But they will adjust the price down due to time of year etc

Anyone taking in a Cayman now probably won't sell it till Feb / March.

 

[[TW]Fox]

I know certainly by Sytner's standards it wouldn't be a retail car for them.

On what basis?

Sytner have seemingly no limit on either age or mileage when it comes to used stock - only condition. There is no 'certain' about your comment at all?

 

[Maz]

On what basis?

Sytner have seemingly no limit on either age or mileage when it comes to used stock - only condition. There is no 'certain' about your comment at all?

They operate a less than 4 year 40k policy, they keep anything falling into that criteria is kept most that isn't is traded.

Some of the stuff they trade is immense, they have their own online auction similar to eBay but only for legitimate traders (VAT reg'd and proof of insurance) Lambo's, any number of Bentleys, Porsches, Ferraris.

Edit: Have a look at Sytners website.

They have 15 Caymans in stock, and the highest mileage is less than 40k on a 58 plate.

 

[[TW]Fox]

They operate a less than 4 year 40k policy, they keep anything falling into that criteria is kept most that isn't is traded.

Is that why Sytner Sutton Coldfield have a 1999 523i SE as an Approved Used Car?

Is that why Sytner Cardiff have a 100,000 mile 2004 118d as an Approved Used Car?

There are absolutely loads of cars for sale by Sytner under Manufacturer Approved schemes that are older than 4 years and/or have more than 40k miles!

 

[Maz]

Is that why Sytner Sutton Coldfield have a 1999 523i SE as an Approved Used Car?

Is that why Sytner Cardiff have a 100,000 mile 2004 118d as an Approved Used Car?

It works the other way, they keep everything under 40k and 4 years and trade the majority of stuff that doesn't fit into that criteria.

But isn't set in stone.

But judging by the current stock of Caymans I don't think a 60k miler is something they'd retail, easier to trade it and make a profit.

Edit: Maybe it's a different policy with their different brands.

I worked for a Sytner Mercedes and it was policy for all Mercedes branches, looking at LR I don't think this applies, looking at Porsche it clearly applies, don't think it applies to BMW.

 

[[TW]Fox]

It works the other way, they keep everything under 40k and 4 years and trade the majority of stuff that doesn't fit into that criteria.

Absolutely - they'll keep the tidy ones and bin the average ones. But provided Rottys car is a a minter there is every chance they might decide to retail it - after all, it would allow them access to a Cayman pricepoint they don't currently have anything for. The plethora of newish low milers is fine if you are spending £40k...

But judging by the current stock of Caymans I don't think a 60k miler is something they'd retail, easier to trade it and make a profit.

Sytner Porsche have loads of older cars in stock - they've even still got 996's - plus a couple of cars with over 40k as well.

I agree it means its far from guaranteed it'd get retailed given its mileage and age but if its an immaculate example then I don't think its fair to say its certain it wouldn't.

I worked for a Sytner Mercedes and it was policy for all Mercedes branches

It clearly isn't any more then because a quick look at Synter Mercs stock reveals cars such as an 07 ML with 60k miles on it as well as an almost 9 year old CLK!

I'd imagine that like any sensible used car retailer they judge each car on its merit rather than having a blanket policy, as the wide vary of age and mileages available throughout Sytner shows.

 

[Maz]

Absolutely - they'll keep the tidy ones and bin the average ones. But provided Rottys car is a a minter there is every chance they might decide to retail it - after all, it would allow them access to a Cayman pricepoint they don't currently have anything for. The plethora of newish low milers is fine if you are spending £40k...



Sytner Porsche have loads of older cars in stock - they've even still got 996's - plus a couple of cars with over 40k as well.

I agree it means its far from guaranteed it'd get retailed given its mileage and age but if its an immaculate example then I don't think its fair to say its certain it wouldn't.



It clearly isn't any more then because a quick look at Synter Mercs stock reveals cars such as an 07 ML with 60k miles on it as well as an almost 9 year old CLK!

You only see the retail side of it, looking on http://auction.sytner.co.uk/ I can see 4 Porsche's including an 08 997 with only 17k miles on it being auctioned.

30 BMW's including a 57 520d Sport which has done 47k miles, even on 09 Aston Martin V8 Vantage which has done less than 12k miles currently sitting at £45k with 1 day and 20 hours to go.

 

[[TW]Fox]

You only see the retail side of it, looking on http://auction.sytner.co.uk/ I can see 4 Porsche's including an 08 997 with only 17k miles on it being auctioned.

30 BMW's including a 57 520d Sport which has done 47k miles, even on 09 Aston Martin V8 Vantage which has done less than 12k miles currently sitting at £45k with 1 day and 20 hours to go.

Sure but that doesnt change the fact that Sytner quite obviously DO retail cars with more than 40k miles or which are older than 4 years, which is the point I am making. I only need to see the retail side to be able to disprove a theory about the max age/mileage of cars they sell

I beleive they DO have a policy that limits the time they can hold stock for, which perhaps explains the existence of suprisingly nice stuff in the auction side of the business. Perhaps it expired on the forecourt?

 

[Rotty]

For the record they offered £13k, so every figure mentioned in this thread has been higher

 

[Maz]

Sure but that doesnt change the fact that Sytner quite obviously DO retail cars with more than 40k miles or which are older than 4 years, which is the point I am making. I only need to see the retail side to be able to disprove a theory about the max age/mileage of cars they sell

I beleive they DO have a policy that limits the time they can hold stock for, which perhaps explains the existence of suprisingly nice stuff in the auction side of the business. Perhaps it expired on the forecourt?

Like I said MOST get traded.

 

[Maz]

For the record they offered £13k, so every figure mentioned in this thread has been higher

Can I have a biscuit for being the closest?

 

[[TW]Fox]

Like I said MOST get traded.

Therefore you accept it's not certain Rottys car would get traded.

You do win a prize for being closest on the part ex offer though

 

[Maz]

Therefore you accept it's not certain Rottys car would get traded.

You do win a prize for being closest on the part ex offer though

Rotty's car is he traded it in would fetch over £15k from the Sytner online auction.

They'd rather make a quick hassle free £2k from a trade sale than prep it to retail standard, especially on a car like that and at this time of year.

 

[Rotty]

Can I have a biscuit for being the closest?

you can have what the dealer nearly got

tbh even though your figure may be what a dealer would offer it is obviously an appalling deal for me, a long way of what I could get on a private sale and the example of the car they have listed for sale just goes to show how ridiculous it is

 

[[TW]Fox]

Prepping it to retail standard would take about 10 minutes judging by the 335i I bought from them and then had to spend a day prepping myself...

The salesman even told me they didnt have time to do much when I questioned the level of prep...

 

[Rotty]

Rotty's car is he traded it in would fetch over £15k from the Sytner online auction.

They'd rather make a quick hassle free £2k from a trade sale than prep it to retail standard, especially on a car like that and at this time of year.

if they are doing nothing then do they deserve to make £2k for just doing that

I think your answer and that of others may differ here

 

[Maz]

if they are doing nothing then do they deserve to make £2k for just doing that

I think your answer and that of others may differ here

Well no, but sadly this is how it works!

To make my £2k margin, my cars get prepped mechanically and cosmetically, they get MOT'd, then valetted, then photographed and advertised, then test driven, then negotiated and deal done taking in a scrapper part ex, then sold with a warranty.

They literally, 'Oi (Insert generic apprentice or young salesman name) take a photo of that Cayman will ya and bring me the appraisal', list it online, sold 5 days later and paid for and collected within 72 hours of end of auction.

 

[[TW]Fox]

They literally, 'Oi (Insert generic apprentice or young salesman name) take a photo of that Cayman will ya and bring me the appraisal', list it online, sold 5 days later and paid for and collected within 72 hours of end of auction.

Might as well just close all the showrooms if its that simple, no need to employ any salesmen or pay overheads