How long do used vehicles stay on the used vehicle lot?

kaishang · 08-22-2011, 10:29 PM

I just looked up the bike I traded in about 3 months ago on a new bike..... still on sale.

Is this normal????

peterg1965 · 08-23-2011, 01:11 AM

The C4S I traded over 3 months ago is still for sale at an Official Porsche Centre, so I guess it is 'normal', particularly if Traders/Dealers are being a tad greedy with their asking prices. I think some main dealers will have a policy of reducing the price after a certain number of days on sale 30/60/90, some cars will then be disposed of through auctions if left unsold.

willhollin · 08-23-2011, 01:23 AM

Normally till they are sold.

JLR1969 · 08-23-2011, 02:26 AM

Quote:

Originally Posted by peterg1965

The C4S I traded over 3 months ago is still for sale at an Official Porsche Centre, so I guess it is 'normal', particularly if Traders/Dealers are being a tad greedy with their asking prices. I think some main dealers will have a policy of reducing the price after a certain number of days on sale 30/60/90, some cars will then be disposed of through auctions if left unsold.

It's still hurting isn't it

peterg1965 · 08-23-2011, 02:42 AM

Quote:

Originally Posted by JLR1969

It's still hurting isn't it

Actually it hurts less and less the longer the car sits there unsold

By my reckoning if they had not been so greedy on the asking price it would have sold by now, it needed nothing doing to it for prep, other than a valet. I suspect the cost of capital over 3 months and the fact that it has been reduced in price 3 times will mean their profit margin is satisfying small

JLR1969 · 08-23-2011, 06:46 AM

Quote:

Originally Posted by peterg1965

Actually it hurts less and less the longer the car sits there unsold

By my reckoning if they had not been so greedy on the asking price it would have sold by now, it needed nothing doing to it for prep, other than a valet. I suspect the cost of capital over 3 months and the fact that it has been reduced in price 3 times will mean their profit margin is satisfying small

I had the SLK in the garage for 2 weeks until it was collected and everyday I would go and have a look at it. That was a nightmare. Now its gone and the money is in the bank I feel a lot happier.

Perhaps like you I feel that in this climate having a high performance car with very high running costs does not feel like a happy place to be. Good whilst it lasted but I am glad to be out.

I would feel happy that the Porsche had not sold and the greedy dealers were having to reduce the price as well.

Dr Dave · 08-23-2011, 12:59 PM

Dealer will usually (if the market allows) operate on a 90 day turnover.

Thats how it was back in the 2000's anyway. Probably a little different thtese days.

peterg1965 · 08-24-2011, 05:49 AM

My old C4S Cab has been dropped in price for the 4th time

Now down to £45,686 - they have had it for over 90 days now. Their profit margin is definately being squeezed now and we are heading towards late summer/Autumn - not cab buying time (unless you are me!)

PH ad, this doesn't reflect the price on the OPC site.

I don't know why this makes me feel much better, but it does... I need to let it go....

RCUK · 08-24-2011, 05:55 AM

That seems really pricey ... wow.

F31-340i · 08-24-2011, 06:11 AM

Quote:

Originally Posted by peterg1965

My old C4S Cab has been dropped in price for the 4th time

Now down to £45,686 - they have had it for over 90 days now. Their profit margin is definately being squeezed now and we are heading towards late summer/Autumn - not cab buying time (unless you are me!)

PH ad, this doesn't reflect the price on the OPC site.

I don't know why this makes me feel much better, but it does... I need to let it go....

You can get Gen 2 coupes for less than that. Complete with (probably) non-exploding engine.....you are well to be out of a Gen 1 997 Peter.

peterg1965 · 08-24-2011, 07:11 AM

Quote:

Originally Posted by ///ajd

You can get Gen 2 coupes for less than that. Complete with (probably) non-exploding engine.....you are well to be out of a Gen 1 997 Peter.

One of the reason I sold it so readily back to an OPC was that they offered, what I thought, was a decent price that was slightly better than Glasses trade/px value (the hardtop helped there). I am glad I sold now. I guess they thought, with the spec and time of year, it would fly out of the door. How wrong they were

With the 991 now officially launched at UK OPCs in December, there will be more downward pressure on 997 prices.

RCUK · 08-24-2011, 07:32 AM

Guess they believed there might be a summer this year ....

Isnt the hardtop standard on these? Thought they were on the 996?

peterg1965 · 08-24-2011, 07:48 AM

Quote:

Originally Posted by RCUK

Guess they believed there might be a summer this year ....

Isnt the hardtop standard on these? Thought they were on the 996?

Not standard on 997, about £2500 option, although in effect it is the same roof as the 996 but with different catches and pins.

08-22-2011, 10:29 PM	#1
kaishang Colonel 54 Rep 2,197 Posts Drives: 2010 E90 330d Join Date: Jul 2010 Location: London iTrader: (0)	How long do used vehicles stay on the used vehicle lot? I just looked up the bike I traded in about 3 months ago on a new bike..... still on sale. Is this normal????
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08-23-2011, 01:11 AM	#2
peterg1965 Brigadier General 164 Rep 4,190 Posts Drives: F30 335d M Sport, F15 X5 40d Join Date: May 2007 Location: The place of dark satanic mills, UK iTrader: (0)	The C4S I traded over 3 months ago is still for sale at an Official Porsche Centre, so I guess it is 'normal', particularly if Traders/Dealers are being a tad greedy with their asking prices. I think some main dealers will have a policy of reducing the price after a certain number of days on sale 30/60/90, some cars will then be disposed of through auctions if left unsold.
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08-23-2011, 01:23 AM	#3
willhollin Major General 268 Rep 9,915 Posts Drives: VW T5 Join Date: Apr 2008 Location: Worcestershire iTrader: (1) Garage List 2007 BMW E92 330d SE [10.00] 2010 Transporter T5 ... [0.00]	Normally till they are sold. __________________
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08-23-2011, 12:59 PM	#7
Dr Dave Zummerzet Zyder Drinker! 112 Rep 5,541 Posts Drives: '06 330D Le Mans Blue Join Date: May 2009 Location: Somerset iTrader: (3) Garage List 2006 330d M Sport [0.00]	Dealer will usually (if the market allows) operate on a 90 day turnover. Thats how it was back in the 2000's anyway. Probably a little different thtese days. __________________
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08-24-2011, 05:49 AM	#8
peterg1965 Brigadier General 164 Rep 4,190 Posts Drives: F30 335d M Sport, F15 X5 40d Join Date: May 2007 Location: The place of dark satanic mills, UK iTrader: (0)	My old C4S Cab has been dropped in price for the 4th time Now down to £45,686 - they have had it for over 90 days now. Their profit margin is definately being squeezed now and we are heading towards late summer/Autumn - not cab buying time (unless you are me!) PH ad, this doesn't reflect the price on the OPC site. I don't know why this makes me feel much better, but it does... I need to let it go....
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08-24-2011, 05:55 AM	#9
RCUK Lieutenant Colonel 100 Rep 1,672 Posts Drives: 911 Turbo Join Date: Dec 2008 Location: Orpington, Kent iTrader: (4)	That seems really pricey ... wow. __________________ Been there, done that, driven the 'Ring
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08-24-2011, 07:32 AM	#12
RCUK Lieutenant Colonel 100 Rep 1,672 Posts Drives: 911 Turbo Join Date: Dec 2008 Location: Orpington, Kent iTrader: (4)	Guess they believed there might be a summer this year .... Isnt the hardtop standard on these? Thought they were on the 996? __________________ Been there, done that, driven the 'Ring
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