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Sale or Return versus Collecting Cars

Speedy

Spa-Francorchamps
Joined
8 May 2010
Messages
326
Due to house move I will have to put my 993 for sale, sadly.

So I'm just considering my options and am thinking of Sale or Return or selling through Collecting Cars website.

So, I wondered what is a common SoR fee from the dealer for a car value of say £65-70k please? Do they work on set fee or percentage? I live in Leeds so any dealer recommendations?

Also, cars seem to sell at a higher than normal prices via Collecting Cars. The buyer then has to pay 6% commission on top of agreed sale price which adds to the overall purchase price. So it baffles me, why would they not, for instance, buy from a showroom with warranty and all that as opposed to a website? Anyone has had any bad or good experiences of selling through this site please?

Your thoughts and suggestions would be appreciated, Thanks,
 
If you have good 993 or any 911 at the mo market so frothy I do not think you can beat CC TBH. Why bother taking risk with SOR.
 
IMI A said:
If you have good 993 or any 911 at the mo market so frothy I do not think you can beat CC TBH. Why bother taking risk with SOR.

This ^^^^

Just look at how well 993's have done in the last few weeks & months. :thumb:

C.
 
Why not put an advert on here :?:

Classified adverts are free to private sellers and you can always add more details by starting a 'For Sale' thread as well.

'Collecting Cars' do seem to achieve good prices for good cars and there's no sellers fees so I suspect you'd clear more £££s going that route rather than SoR which typically costs you 7-10% and can sometimes require you paying a 'preparation fee' upfront too.
 
Speedy said:
Due to house move I will have to put my 993 for sale, sadly.

So I'm just considering my options and am thinking of Sale or Return or selling through Collecting Cars website.

So, I wondered what is a common SoR fee from the dealer for a car value of say £65-70k please? Do they work on set fee or percentage? I live in Leeds so any dealer recommendations?

Also, cars seem to sell at a higher than normal prices via Collecting Cars. The buyer then has to pay 6% commission on top of agreed sale price which adds to the overall purchase price. So it baffles me, why would they not, for instance, buy from a showroom with warranty and all that as opposed to a website? Anyone has had any bad or good experiences of selling through this site please?

Your thoughts and suggestions would be appreciated, Thanks,

CC is crazy at the moment - definitely go down that route IMO :bandit:
 
CC is the Emperor's New Clothes of selling. They have a platform that is no risk to them as they are effectively an 'introductory' service between the buyer and seller.

Their T&Cs would keep an advocate busy identfying all the holes they'd be on 'refreshers' for months :grin:

That said the exposure and hype behind the platform does lend itself to selling on there. If it comes a no cost to you, then it's a no brainer after setting a reserve. It's a very very good time now to sell your car to achieve decent money. It's not a good time to buy as you're paying top dough and if 'investment' is the game forget it.

SOR I would only consider from a well regarded Indy - there are only a few in that bag in my view. Decent Indys looking a decent cars will buy outright.
 
I contacted CC approximately 4 to 6 weeks ago when I started to explore the avenues for selling my 993 Targa. The car is in excellent condition however, not only did CC not appear to be particularly interested in placing my car on their site they wanted to agree a very low reserve which in the end was more than 25% less than I have now sold the car for. I deemed it too much of a risk to set such low reserve because the car could've sold for much less than I thought it worth. In the end I contacted a number of well respected independent specialists and all were very helpful and responsive. Paul suggested a higher value than CC offered. In the end I had a hasslefree sale with Tom at 911V.
 
Have a word with Ray at Northway. He sold my Targa quickly a couple of months ago as he had a waiting list of 993 buyers.

Long way from you but worth a phone call. He does sale or return, outright purchase or as a broker depending on condition

Honest, reliable and very knowledgeable, straight up guy, no *****.
 
No sellers fee?

I am advised that it costs £150 to list your ad on CC as that is the cost of a photographer who takes 100's of photo's.

Is that the case then that you cannot list your car on CC unless you pay £150 for the photo's?
 
Thank you All for your feedback and thoughts, all good and heard.

I am waiting for my local Indy to give me cost for SoR but if it is 7-10% that's far too much so most likely I won't consider it.

CC sounded as a good route as you guys says it seems to achieve best results and in the scheme of things paying £150 for photos is trivial. But, I hear one of the guys has tried it and CC put a low reserve on it. Depending on Indy's feedback, if CC reserve is too low I won't risk it as I know I have a pretty good car (JonTT can vouch for me as he viewed it when he was looking at it).

I also know Virgin 911 has a good reputation but they are fair bit away, worth a phone call to see once I have my initial feedback from my local Indy for pricing. I guess I have some homework to do yet......!

Thanks for your replies but feel free to add more... :worship:
 
Given the amount of tales of apparent theft relating to the Yorkshire Triangle on this forum, it seems the law around SOR left a lot of folk out of pocket having given their cars away...? However I read on another forum that one chap had the Contract with the SOR dealer altered to include something along the line of... That transfer of ownership of his car would not take place till the funds from it`s sale were in his bank account...

Apparently the dealer acted similarly to the tales from Yorkshire.. and many cars went missing, the saving grace was that apparently the vehicle owner took out a "storage" Insurance policy, which reportedly paid out for the loss... Something worth thinking about perhaps before handing your keys over in a SOR situation.. :?:
 

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