Bye bye 718 Cayman - Page 3 - Boxster/Cayman - PistonHeads UK

So my 718 Cayman (2.0 PDK) has gone - sold to WBAC today. Bought new £48.5K ... did 5.3K miles in 15 months ... sold it for £43.1K. (inc fees) Cost per mile £1.01 (excluding insurance (company piad the fuel)). Of the other bids: 1 month ago, £37K Wizzle; couple of northern OPCs circa £39K. Plus, no interest from two well know Porsche specialist. Ahead of WBAC, I had it up for sale at £42K and not a single call. My biggest take away from the buying and selling experinece was don't go crazy on the options! OPCs will say "you must spec this and that for resale", but that's really only the case if selling back to them (I doubt £2K of wheels would push their bid up by £2K). If one is selling to WBAC, they don't price based on options (except for PDK). It was a good fun car and never once did I worry about the sound of the engine or the exhaust. Anyway enjoy your Porsches - I'm sure I'll be back again.

That’s a pretty cheap ownership experience, according to PH these four pots will depreciate worse than Vauxhalls. Don’t tell me that’s yet another forum myth like the sound nonsense? Agree you certainly don’t get money back on options. When’s the replacement due?

I think you have done a great deal there. Trade price is £38000 so you have done really well. Can’t see them getting their money back even if they put it on cinch and retail it themselves.

It would seem you did okay financially for your 15 months of ownership. What are you moving on to? Edited by CardiffTam on Sunday 17th January 18:51

But-but the forums and youtube comments said these would depreciate faster than a.. a.. fastly depreciating thing.

interstellar said: I think you have done a great deal there. Trade price is £38000 so you have done really well. Can’t see them getting their money back even if they put it on cinch and retail it themselves. The WBAC rep' said it wouldn't go to Cinch (too specialist and they can't offer finance on vehicles of that value. Instead it will go to auction and likely a "closed" dealer-only one.

CardiffTam said: It would seem you did okay financially for your 15 months of ownership. What are you moving on to? Edited by CardiffTam on Sunday 17th January 18:51 Alpina D3 S Touring (due May)

Good result. You are spot on about options. If you have little to no options WBAC are the way to go. Because my Macan had a good spec I got a much better sale via Wizzle than WBAC or OPCs.

interstellar said: Trade price is £38000 so you have done really well. What source was that?

interstellar said: I think you have done a great deal there. Trade price is £38000 so you have done really well. Can’t see them getting their money back even if they put it on cinch and retail it themselves. I thought wbac used trade as their guide? They make millions every year and no matter what the car they dont pay overs . They know the market pretty well.

churchie2856 said: What source was that? Cap

churchie2856 said: interstellar said: I think you have done a great deal there. Trade price is £38000 so you have done really well. Can’t see them getting their money back even if they put it on cinch and retail it themselves. The WBAC rep' said it wouldn't go to Cinch (too specialist and they can't offer finance on vehicles of that value. Instead it will go to auction and likely a "closed" dealer-only one. Porsche centres won’t pay 43k for a 15 month old 2.0 at the moment. They would be advertising it at list and it wouldn’t work. You have had a right result mate, good on you .

churchie2856 said: Alpina D3 S Touring (due May) Nice choice

I sold my Audi S5 Sportback to WBAC back in 2016 and they gave me a stupid price for it, think it was about £4 or 5k more than the local Audi dealer....ended up after auction, I guess, at a prestige used car dealer for about £500 more than WBAC offered me. Couldn't really understand the maths, except that WBAC move so many cars that any profit is a profit.

A few years back I was offered an R32 Golf in PX. I had a ring round the dealers who'm I knew wanted that sort of stock, and I got bids all around the £10,000 mark. WBAC bid £12,500 for it, and only chipped him £50 To this day I've no idea where they went with that.

I just did a WBAC quote on a similar car and age OP and got bid 38K. You had a great result!

Earlier WBAC offers on my 718: Back in April 2020 - £39K (when 7 month old, and in Lockdown 1.0). Wasn't looking to sell then, but purely out of interest. 10/12/2020 - £41.3K 20/12/2020 - £42.0K 29/12/2020 - £42.0K 02/1/2021 - £43.3K 15/1/2021 - £43.2K ... Sold (£43.1K inc fees etc) As others have commented above, I have no idea how WBAC (or a buying dealer) will make a profit on this car. A non-OPC benefits from the fact there is no warranty cost (it has 21 months new car warranty to run), but an OPC potentially has to make this up to 24 months. Also tthe next buyer is facing 1st service in October (which looks to be £800 at an OPC, based on a recent 718 thread).

I have just sold my 2017 Boxster 2.0 PDK with 19000 miles and a month before it was due its 4 year service and MOT. Local Porsche dealer offered £27K saying they would have to spend money to get it through service, WBAC offered £29.5K but are not currently buying due to covid. Went to Evans Halshaw and they offered £31.1K but after taking the car to them got offered £31.5K, they said the condition of the car was very good so upped their offer. This is the second time I have used Evans Halshaw and both times they offered the best price.

no such thing as fixed services btw now and a 15 month old PDK car with 5kmiles is £48k at an OPC. so some one will make on that £43k car as you cannot buy a car like that for £43k even though it was a daft high offer it's still a cheap car ie £5k less thanan OPC price.

tedblog said: I thought wbac used trade as their guide? They make millions every year and no matter what the car they dont pay overs . They know the market pretty well. They do get their fingers burned occasionally. They supposedly bought a TVR Cerbera a few years ago for £27k (seller bit their hand off). It got punted through several of the BCA auctions (that they are owned by) before selling at a loss. I've tried hard to find a link to any evidence it but can only call it 'anecdotal' at the moment. My sister got very lowballed by WBAC on a 2013 Focus last summer and shifted it to sellyourcar2jack for more in the end, no admin fee either.

churchie2856 said: Earlier WBAC offers on my 718: Back in April 2020 - £39K (when 7 month old, and in Lockdown 1.0). Wasn't looking to sell then, but purely out of interest. 10/12/2020 - £41.3K 20/12/2020 - £42.0K 29/12/2020 - £42.0K 02/1/2021 - £43.3K 15/1/2021 - £43.2K ... Sold (£43.1K inc fees etc) As others have commented above, I have no idea how WBAC (or a buying dealer) will make a profit on this car. A non-OPC benefits from the fact there is no warranty cost (it has 21 months new car warranty to run), but an OPC potentially has to make this up to 24 months. Also tthe next buyer is facing 1st service in October (which looks to be £800 at an OPC, based on a recent 718 thread). If you're willing to share the reg I'll happily track it when it goes through BCA (who own WBAC incidentally!)

Pretty much used to always buy my cars through BCA. The one in Surrey is a good one. You get the stock-broker belt cars coming with all the mod-cons on. The one in Bedford is good too, good cars from Hertfordshire & Buckinghamshire. I only went to an OPC because of the 2 years used warranty; horror-stories of IMS/RMS, bore-scoring, porous Lokasil cylinder liners put the frighteners on me. 718 4 pot doesn't sound bad, it just sounds like a 4 pot. You don't get the exotic sound of the 6 pot. As far as options go on my 987 19 inch wheels, sports plus seats, PASM, PDK, Sport/Sport+ button and PSE are my ideal set-up. I added the PSE £2K, Sport/Sport+ modes £1K, painted wheels satin platinum £800 & DSC V1 £1K to the mix. I would have paid extra for those toys on top of the 19.5K for the 09 Boxster 49K miles I paid OPC with the 2 year warranty. Without the PSE and Sport/Sport + button just didn't feel like a sports car...

anonymous said: [redacted] EA69DXS. It's not on BCA yet.

WBAC valued my 997.1GT3 at £19k before I sold it on CC!

Thread proves once again that despite what dealers and some owners say, there's no point spending money on expensive options if you don't need them. As for WBAC what they care about is their overall profit, not the specific profit on each car. There are bound to be winners and losers, due not least to the auction sales process.

churchie2856 said: EA69DXS. It's not on BCA yet. It's on this morning, no guide prices yet but goes through on the 28th Edited by OPOGTS on Thursday 21st January 08:59

anonymous said: [redacted] I need a family car with good economy ... so I've ordered an Alpina D3 S Touring (in Green)

OPOGTS said: churchie2856 said: EA69DXS. It's not on BCA yet. It's on this morning, no guide prices yet but goes through on the 28th Edited by OPOGTS on Thursday 21st January 08:59 I was once bought a car from them online with delivery to me. I'll login and see on 28th what the bidding is...

Here’s the Cap data. Be interesting to see what it goes for.

Indeed, what an incredible deal you got - and probably somebody at WBAC has lost their job due to a broken algorithm..... CAP clean £38.8k

The car sold for £41.4k + fees. I would guess that makes it about £42.5k for the trader but I've never been able to work out the BCA fee structure? It was a provisional sale and the reserve was not met. Either way, well done getting that money from WBAC - good win! Edited by OPOGTS on Thursday 28th January 10:27

OPOGTS said: The car sold for £41.4k + fees. I would guess that makes it about £42.5k for the trader but I've never been able to work out the BCA fee structure? It was a provisional sale and the reserve was not met. Either way, well done getting that money from WBAC - good win! Edited by OPOGTS on Thursday 28th January 10:27 Thanks for the update. Looks like I was one of the WBAC winners

OPOGTS said: The car sold for £41.4k + fees. I would guess that makes it about £42.5k for the trader but I've never been able to work out the BCA fee structure? It was a provisional sale and the reserve was not met. Either way, well done getting that money from WBAC - good win! Edited by OPOGTS on Thursday 28th January 10:27 Then it may well have not sold at all if it went provisional. My guess is it will be in again next week.

interstellar said: Then it may well have not sold at all if it went provisional. My guess is it will be in again next week. This looks to now be on Autotrader with ‘Acorn Motor Group’ for...£48,990. They’ve got 3 other 718s in too.

SL22 said: This looks to now be on Autotrader with ‘Acorn Motor Group’ for...£48,990. They’ve got 3 other 718s in too. Isn’t that more than it was new?

esuuv said: SL22 said: This looks to now be on Autotrader with ‘Acorn Motor Group’ for...£48,990. They’ve got 3 other 718s in too. Isn’t that more than it was new? I'd have to check the original purchase invoice, but I think it is indeed more than I paid for it new (and that included the 1st year VED which was circa £1K!)

OPOGTS said: The car sold for £41.4k + fees. I would guess that makes it about £42.5k for the trader but I've never been able to work out the BCA fee structure? It was a provisional sale and the reserve was not met. Either way, well done getting that money from WBAC - good win! Edited by OPOGTS on Thursday 28th January 10:27 Hi OPOGTS Just sold my cayman to wbac for 2k more than anywhere else was offering me included Porsche specialist. Would be interested to see what it sell for ?

churchie2856 said: esuuv said: SL22 said: This looks to now be on Autotrader with ‘Acorn Motor Group’ for...£48,990. They’ve got 3 other 718s in too. Isn’t that more than it was new? I'd have to check the original purchase invoice, but I think it is indeed more than I paid for it new (and that included the 1st year VED which was circa £1K!) This used car does not include road tax, so removing for comparative purposes the 1st year VED and registration fee (£910 combined) from the OPC invoice ... I'm left with £48,473.

churchie2856 said: churchie2856 said: esuuv said: SL22 said: This looks to now be on Autotrader with ‘Acorn Motor Group’ for...£48,990. They’ve got 3 other 718s in too. Isn’t that more than it was new? I'd have to check the original purchase invoice, but I think it is indeed more than I paid for it new (and that included the 1st year VED which was circa £1K!) This used car does not include road tax, so removing for comparative purposes the 1st year VED and registration fee (£910 combined) from the OPC invoice ... I'm left with £48,473. Car prices are just ridiculous high at present . Don’t know who is willing to pay more than list after 18 months?

ClubsportStr said: Hi OPOGTS Just sold my cayman to wbac for 2k more than anywhere else was offering me included Porsche specialist. Would be interested to see what it sell for ? Will take a look, what are the details?

OPOGTS said: ClubsportStr said: Hi OPOGTS Just sold my cayman to wbac for 2k more than anywhere else was offering me included Porsche specialist. Would be interested to see what it sell for ? Will take a look, what are the details? Hi thanks. Red Cayman GTS Edited by ClubsportStr on Tuesday 16th February 12:45

ClubsportStr said: OPOGTS said: ClubsportStr said: Hi OPOGTS Just sold my cayman to wbac for 2k more than anywhere else was offering me included Porsche specialist. Would be interested to see what it sell for ? Will take a look, what are the details? Hi thanks. Red Cayman GTS Edited by ClubsportStr on Tuesday 16th February 12:45 Hi OPOGTS Car is in BCA tomorrow at Manchester can see car but not the price details on website. Would be interested to see how much it sells for. Since I sold it its picked up damage on one of the alloys and a scratch on the door. !!!