Julian987 Posted April 8, 2022 Share Posted April 8, 2022 9 minutes ago, MartinF6 said: Don't think it's got PASM or xenons. Definitely no Bose. Guessing no extended leather given the spec is generally a bit thin... Given the spec, looks a lot of coin to me, even with the mileage. worth a call surely? might be a rushed advert and they have omitted some detail - you never know with the extended leather! it could have extended leather coming out its ears. Link to comment Share on other sites More sharing options...
MartinF6 Posted April 8, 2022 Share Posted April 8, 2022 It's possible, but I would say v unlikely. Can also say that whoever is selling it probably won't know what extended leather is. Multi-brand traders usually don't. Learned the hard way a few years ago. that you have to see pictures first. I went to view car once that the seller promised had extended leather. Drove an hour and a half. It did not. My fault for not getting pictures first! I'd only pay that much if it had everything - ext leather, Bose, PASM and xenons. Definitely doesn't have Bose, pretty sure it doesn't have xenons or PASM. Ext leather in that context somewhat academic. Not worried about it flying out the door at that price... Link to comment Share on other sites More sharing options...
vegan_porsche_driver Posted April 8, 2022 Share Posted April 8, 2022 3 hours ago, MartinF6 said: Not actually correct. It varies wildly. But sometimes WBAC can be the best bet for selling to trade (private sale is a different matter). Many traders, in any case, will simply give you the WBAC price. But I know of cars like 996 GT3s going to WBAC for as much as you'd get privately. I sold a Porsche to WBAC a few years ago and got pretty much what I would have privately. That's not always the case, not even usually, but it sometimes can be. For a period last year WBAC was quoting very high on 987s to the point where you'd only realistically get a little more privately. Their offers have come down since. But it's not true that they're not interested in these cars. It all depends on what they have been achieving at BAC auctions. If a few sell for quite high prices that's reflected in the WBAC offer and suddenly their offer can be remarkably attractive. Meh I don't claim to be an expert, my neighbour used to work for them, this is what he told me. As for "very high" offers last year, I put mine through every 2 months or so out of interest. The highest offer I ever got was in November, £12,500. Currently they offer £9,000. Currently the best px offer I've had was 2 weeks ago for £14,000 and best private offer £16,000. Compared to 14 and 16, I wouldn't call 12 "very high". 9 is obviously way low. That's quoted prices as well, guarantee they'd knock a bit off on arrival! Appreciate they offer a certain service, you sell quickly, but no less hassle than a px in my book, and px prices are currently nearly 50% higher. Hence I said I pay no attention to WBAC (though I do like to see that I have equity in mine even with their rock bottom price, that's the only reason I look, for a "worst case scenario" comfort hug lol) Link to comment Share on other sites More sharing options...
vegan_porsche_driver Posted April 8, 2022 Share Posted April 8, 2022 4 hours ago, Julian987 said: I think you'll be surprised just how much WBAC gives over OPC values. From following threads on PistonHeads many Porsche owners have sold with WBAC as a far better result than a dealer offers. They offer a very tidy sum for my R, way higher than I would expect. The perception from their Branding and advertising is they are just into run of the mill cars but I have read threads even with McLaren, Lambo and Ferrari owners getting way way more from WBAC than anywhere else. You'd be surprised. See other post. Tbh I wouldn't expect high px from OPC for these cars either, they don't tend to stock much over, what, 5 years old? 10 at a push? Unless it's very special like a GT2 or similar. Your R yes maybe. But I'd expect a "f*CK off" price from OPC for my 987, they wouldn't want it either! Again they'd just offload straight to auction. Heck they'd probs WBAC it! Haha Link to comment Share on other sites More sharing options...
MartinF6 Posted April 8, 2022 Share Posted April 8, 2022 53 minutes ago, vegan_porsche_driver said: Meh I don't claim to be an expert, my neighbour used to work for them, this is what he told me. As for "very high" offers last year, I put mine through every 2 months or so out of interest. The highest offer I ever got was in November, £12,500. Currently they offer £9,000. Currently the best px offer I've had was 2 weeks ago for £14,000 and best private offer £16,000. Compared to 14 and 16, I wouldn't call 12 "very high". 9 is obviously way low. That's quoted prices as well, guarantee they'd knock a bit off on arrival! Appreciate they offer a certain service, you sell quickly, but no less hassle than a px in my book, and px prices are currently nearly 50% higher. Hence I said I pay no attention to WBAC (though I do like to see that I have equity in mine even with their rock bottom price, that's the only reason I look, for a "worst case scenario" comfort hug lol) It really depends. It's an absolute fact that sometimes WBAC can pay more than a typical part ex at a dealer. Your car may well not ever have attracted a decent bid from WBAC. But that's a sample of one. I obviously wasn't commenting on your specific car and I wasn't saying £9k was a very high offer. But as Julian said, lots of examples of people selling high end kit to WBAC for similar or better than typical part ex offers. It sounds completely crazy, but it does happen. That said, it is interesting how much their offer on your car has come off. Over 25% down since November, during which time if anything some traders have been attempting to raise prices. Link to comment Share on other sites More sharing options...
vegan_porsche_driver Posted April 8, 2022 Share Posted April 8, 2022 1 hour ago, MartinF6 said: It really depends. It's an absolute fact that sometimes WBAC can pay more than a typical part ex at a dealer. Your car may well not ever have attracted a decent bid from WBAC. But that's a sample of one. I obviously wasn't commenting on your specific car and I wasn't saying £9k was a very high offer. But as Julian said, lots of examples of people selling high end kit to WBAC for similar or better than typical part ex offers. It sounds completely crazy, but it does happen. That said, it is interesting how much their offer on your car has come off. Over 25% down since November, during which time if anything some traders have been attempting to raise prices. Yeah I've heard of people getting great prices for some cars, friend of mine shifted a golf GTD to them for good money for example. Just not 16 year old Porsches was my point. But I'm a sample of one as you say, I appreciate my experience is not universal, just saying in my opinion WBAC is way overrated. Their advertising slogan is that they do a better deal than part ex, and I hear a lot of people parrot that, but I've never known anyone with a specialist / niche car find it to be the case. Chap in my Porsche club got a better offer from them on his wife's 5 year old Seat Ibiza than his 997, and that's just the most recent anecdote I've heard. But appreciate you may have heard otherwise Yes the sudden drop is very odd. And annoying, as several places I've rung to enquire about px value have said "type it into WBAC, that's what we'll give you in px"! Better px prices have come from prestige places that will actually sell mine themselves and therefore appreciate it's value (although they're still trying to screw me of course lol) Link to comment Share on other sites More sharing options...
MartinF6 Posted April 8, 2022 Share Posted April 8, 2022 Might be worth looking today. 987.2 prices on WBAC are up by about £2k today. Link to comment Share on other sites More sharing options...
Julian987 Posted April 8, 2022 Share Posted April 8, 2022 1 hour ago, MartinF6 said: Might be worth looking today. 987.2 prices on WBAC are up by about £2k today. gave it a go. In February it was £34,500, no mileage change since then worth noting.... and now their offer is £28,500. 🤷♂️ Link to comment Share on other sites More sharing options...
vegan_porsche_driver Posted April 8, 2022 Share Posted April 8, 2022 1 hour ago, MartinF6 said: Might be worth looking today. 987.2 prices on WBAC are up by about £2k today. Crept up by a whole £100 mine lol. Gen 2s are a much pricier beast to start of with eh Link to comment Share on other sites More sharing options...
MartinF6 Posted April 8, 2022 Share Posted April 8, 2022 Will vary from car to car. That's a big drop for the R this year. I think the problem is that these are relatively low volume cars. So, I would speculate that one or two BAC auction results can bump the offer price quite a distance. Maybe one or two R's have sold relatively cheaply at auction recently and a few S's have done OK. Link to comment Share on other sites More sharing options...
Julian987 Posted April 8, 2022 Share Posted April 8, 2022 11 minutes ago, MartinF6 said: Will vary from car to car. That's a big drop for the R this year. I think the problem is that these are relatively low volume cars. So, I would speculate that one or two BAC auction results can bump the offer price quite a distance. Maybe one or two R's have sold relatively cheaply at auction recently and a few S's have done OK. ah yes very good point as that Blue R with 80K miles that hung around for 2 years recently went to auction after a recent PPI result highlighted its flaws - and i contacted them as I was intrigued why they were clinging on for dear life to their listed price and they replied to say they washed their hands of it at auction. And then this one which was a heck of a good deal i'd say a month ago in low 30s.... https://collectingcars.com/for-sale/2012-porsche-987-cayman-r-1 think there was a silver one too of late that was low 30s ... but very high milage and poor spec.... They may well alter the WBAC pricing algorithm Link to comment Share on other sites More sharing options...
Ash131 Posted April 9, 2022 Share Posted April 9, 2022 My wbac valuation on a 987.2 cs with lots of goodies has dropped below 20k! My 68 plate transit is now worth more than my pride and joy. 😂😂 Link to comment Share on other sites More sharing options...
Andrea Posted April 9, 2022 Share Posted April 9, 2022 I've just tried WBAC evaluation (just out of curiosity) and came out at £25K! Would never sell it for this low lol but isn't that bad! Link to comment Share on other sites More sharing options...
Julian987 Posted April 11, 2022 Share Posted April 11, 2022 as Gen 1's go this is rather lovely with quite the spec https://www.autotrader.co.uk/car-details/202204104520199 Link to comment Share on other sites More sharing options...
MartinF6 Posted April 11, 2022 Share Posted April 11, 2022 (edited) Yeah, the cocoa and silver is a fab combo. Ceramics fairly terrifying on that kind of car, though. Is there a vaguely affordable aftermarket disc available yet if you had any issues? Pricey for the mileage and a private sale, if you ask me. There's a gen 1 on 34k miles about to finish on Collecting Cars, will provide a bit of current-market in sight... https://collectingcars.com/for-sale/2006-porsche-987-cayman-s-7 Edited April 11, 2022 by MartinF6 Link to comment Share on other sites More sharing options...
Andyoz Posted April 11, 2022 Share Posted April 11, 2022 (edited) My neighbour is sales manager at a pretty large UK lot and he said March was their worst month since Covid started. They are 'de-stocking' ready to buy new stock at lower prices. They are keeping the advertised prices high hoping the buyers don't realise the market has shifted. If you look at the amount of cars for sale on Autotrader, that was 380-390k 6-12 months ago and it was near 460k the other day. People are offloading the cars they bought to commute or have fun in during Covid...they are back on the cramped public transport now and fuel prices sure as hell made that decision for them. Edited April 11, 2022 by Andyoz Link to comment Share on other sites More sharing options...
Julian987 Posted April 11, 2022 Share Posted April 11, 2022 46 minutes ago, Andyoz said: My neighbour is sales manager at a pretty large UK lot and he said March was their worst month since Covid started. They are 'de-stocking' ready to buy new stock at lower prices. They are keeping the advertised prices high hoping the buyers don't realise the market has shifted. If you look at the amount of cars for sale on Autotrader, that was 380-390k 6-12 months ago and it was near 460k the other day. People are offloading the cars they bought to commute or have fun in during Covid...they are back on the cramped public transport now and fuel prices sure as hell made that decision for them. Certainly true for new registrations https://cardealermagazine.co.uk/publish/worst-march-for-24-years-as-new-car-supply-problems-hit-dealers-hard/259366 but a google news search on used car prices for Q1 and the predictions for the year are a mixed bag - could go either way, but it needs a few more months of data to see how its gonna go. Link to comment Share on other sites More sharing options...
Andyoz Posted April 11, 2022 Share Posted April 11, 2022 4 minutes ago, Julian987 said: Certainly true for new registrations https://cardealermagazine.co.uk/publish/worst-march-for-24-years-as-new-car-supply-problems-hit-dealers-hard/259366 but a google news search on used car prices for Q1 and the predictions for the year are a mixed bag - could go either way, but it needs a few more months of data to see how its gonna go. His lot only deals with higher end used cars. It was straight from the horse's mouth. People want frugal commuters cars after the weirdness of the 'Covid years'. Link to comment Share on other sites More sharing options...
Julian987 Posted April 11, 2022 Share Posted April 11, 2022 3 hours ago, MartinF6 said: Yeah, the cocoa and silver is a fab combo. Ceramics fairly terrifying on that kind of car, though. Is there a vaguely affordable aftermarket disc available yet if you had any issues? Pricey for the mileage and a private sale, if you ask me. There's a gen 1 on 34k miles about to finish on Collecting Cars, will provide a bit of current-market in sight... https://collectingcars.com/for-sale/2006-porsche-987-cayman-s-7 remained unsold. I prefer the silver and cocoa one over the CC one. The CC is nothing special other than some fancier rims. Link to comment Share on other sites More sharing options...
MartinF6 Posted April 11, 2022 Share Posted April 11, 2022 2 hours ago, Julian987 said: remained unsold. I prefer the silver and cocoa one over the CC one. The CC is nothing special other than some fancier rims. Was bid to £16,250, which is good money for a private sale of a gen 1 without a quality rebuild, IMO. Winder what the reserve was. Seemingly unrealistic, anyway. Silver and cocoa car has 80k miles, which again would say on a gen 1 lump without a rebuild is quite a bit. Nice spec, but £16.5k private? If that's a fair price, it would retail at over £20k with a dealer, which I just can't see with that mileage. Lots of examples with lower miles for similar private price that have sat unsold for some time, like this one: https://www.ebay.co.uk/itm/185345882876 Maybe the PCCBs will swing it! Link to comment Share on other sites More sharing options...
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