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We are just going through the process of trading-in our 2001/Y Boxster S that cost some £45K in June 2001 with just over 13K on the clock with FPSH against a 2004 low miler. Our Y plater is not quite immaculate but is not far from it, it is a genuine well cared for car that has really only seen driving on dry non motorway roads in the summer months. It's our third car for fun. The local OPC offered us over the phone £25K which was some £1500 stronger than another dealer that we polled.
After they checked the car over they had a long list of things that needed fixing before they could put the car out on the forecourt. Firstly, a new windscreen (Reason 3 minute stone chips), Respray front bumper and bonnet (Reason too many stone chips). Re-skim front brakes because they were pitted. New wheel bolts because the originals were corroded. The list just went on and on.
Now for the story, Porsche has upped their game recently. All OPC are subject to audit and spot checks. If Porsche UK find a dealer displaying stock below the standard they have set, the OPC will get fined. A good example being scuffed alloy wheels spot fine £250. The buyer at the OPC was genuinely in apology mode, that, although they totally appreciate the quality and provenance of our car they needed to take £2K off the trade-in. Now at £23K. This would be the cost that they will incur to bring the car up to Porsche's exacting re-sale standards.
In reality this means OPC will find it almost impossible to make reasonable trade-in offers other than for cars say up to 2 years old. Once a car gets past this point the hassle to keep it, in, as new condition, will mean owners need to reconsider the ownership cycle to minimise loss/hassle or face up to trying to selling privately or to the non-authorised dealers. All OPC are going through the pain barrier in working with the new system that has come into force in the last six months.
Has the readership similar experiences?
After they checked the car over they had a long list of things that needed fixing before they could put the car out on the forecourt. Firstly, a new windscreen (Reason 3 minute stone chips), Respray front bumper and bonnet (Reason too many stone chips). Re-skim front brakes because they were pitted. New wheel bolts because the originals were corroded. The list just went on and on.
Now for the story, Porsche has upped their game recently. All OPC are subject to audit and spot checks. If Porsche UK find a dealer displaying stock below the standard they have set, the OPC will get fined. A good example being scuffed alloy wheels spot fine £250. The buyer at the OPC was genuinely in apology mode, that, although they totally appreciate the quality and provenance of our car they needed to take £2K off the trade-in. Now at £23K. This would be the cost that they will incur to bring the car up to Porsche's exacting re-sale standards.
In reality this means OPC will find it almost impossible to make reasonable trade-in offers other than for cars say up to 2 years old. Once a car gets past this point the hassle to keep it, in, as new condition, will mean owners need to reconsider the ownership cycle to minimise loss/hassle or face up to trying to selling privately or to the non-authorised dealers. All OPC are going through the pain barrier in working with the new system that has come into force in the last six months.
Has the readership similar experiences?