Trading in with OPC

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JJay
Posts: 62
Joined: Tue Nov 29, 2016 8:45 pm

Post by JJay »

Hi,

Since buying my first Porsche (a Macan GTS) in Dec 2016 I have been a regular reader of, although rare contributor to, this excellent forum. I'm therefore well aware of the Porsche policy regarding discounts and offers but would like to relate my recent experience with Porsche Reading, where I originally bought the car, to see if it's typical.

Now the car is nearly 3 years old and with no replacement GTS in sight I would like to trade it in for a new Turbo. An enthusiastic salesman told me he has a build slot for delivery this year so I said I'd go ahead immediately if he could structure a decent deal.

My car is a high spec, unmarked example with only 13.5k miles on the clock. The offer: full price for the Turbo (obviously) and lower than We Buy Any Car quoted for my GTS, circa £12-£15k less than approved used on the Porsche site.

I understand that Porsche Reading is a business and should make a profit. It made one when I bought the GTS, will make another when I buy the Turbo but £12k+ on the trade in?

I've owned 20+ cars over the years, latterly BMW, Audi, Mercedes and have always found the dealers work hard to keep you in the marque and within their franchise (I know this is a different market sector with more competitive dynamics). When I told the salesman he was wide of mark the response was that he needs to make money and he'll have to put it through the workshop for the 111 point check, add a 2 year warranty and breakdown assistance so he has no flexibility. Must be very costly to do this.

There are many reasons why we choose the vehicles we drive, all subjective to the individual, and after 3 years of joyous ownership I'm left with a vaguely deflated feeling that I'm not a valued customer...

J

mjrennie
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Joined: Mon Oct 01, 2018 9:10 am

Post by mjrennie »

Profiteering. Plain as day. There's a business making a fair profit and there's taking the mick. That offer is pretty disgraceful, IMHO.
Rigger
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Joined: Tue Dec 06, 2016 11:24 am

Post by Rigger »

The pex value my OPC offered against a 992 was significantly less than the figure quoted on WBAC. If you decide to go ahead I would look to some of the independents for a price as they seem to be more competitive at times.........

OPC is just the easy option for which you pay a premium.......
2017 - Macan GTS ~ now sold
2007 - 997.1 Turbo (Manual)
2021 - GR Yaris
On-Track
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Post by On-Track »

JJay wrote: Sun Sep 08, 2019 4:00 pm When I told the salesman he was wide of mark the response was that he needs to make money and he'll have to put it through the workshop for the 111 point check, add a 2 year warranty and breakdown assistance so he has no flexibility. Must be very costly to do this
If they really want your car (because they think they can move it on quickly at a decent mark up) you'll get a good offer, otherwise not. Part exchanging via the OPC is convenient but costly. Many forum members have done better via Autotrader, Petrolheads or independent specialists.
Peter

Current: 2020 Carmine Red GTS http://www.porsche-code.com/PMST9ZI9
Gone- 2015 Sapphire Blue Diesel
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sparkmacan
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Joined: Fri May 20, 2016 8:51 am

Post by sparkmacan »

Crazy really,
I think this has been this issues with the GTS dropping so much this year.
OPC.s don’t seem to worry how much they devalue cars on trade in as long as there margins are good, in the current market with poor sales they seem to be offering low trade in values and seller lower to get the numbers done.
http://www.porsche-code.com/PPZWUIJ5 Waiting patiently

Previous Macan SD 65 & GTS 66
JonNic
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Joined: Sun Jan 22, 2017 8:31 am

Post by JonNic »

Totally with you on this point. My GTS, is suffering from awful part ex values at the moment that have dropped from £57k to £34k in less than a year.

I am fully onboard with dealers and businesses making money, but it has really tarnished my view of Porsche. It feels like they won’t stand behind their product.


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pmg
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Post by pmg »

WBAC are owned by British Car Actions group and therefore they know the market well but still aim to make a profit. I would not sell a car to an OPC unless best offer. Approach some independents specialising in Porsche and put the car on Tootal which should get you offers from other dealers.
2019 Macan S Porsche code PKW8WKI8
Alfanut
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Post by Alfanut »

JJay wrote: Sun Sep 08, 2019 4:00 pm An enthusiastic salesman told me he has a build slot for delivery this year so I said I'd go ahead immediately if he could structure a decent deal.
The salesman is living in the past, tell him just about every OPC can offer a build slot this year, the days of folk waiting 12-18 months for a Macan are gone. Shop around or try piston heads, the GTS is the car to have, demand is always there, you'd prob easily get £5k more from an independent. He's greedy and about to loose a good customer by the sound of it.
2022 Macan GTS & 718 GT4.
Past: Macan S, Audi S4 B8 Avant / Alfa 147 Q2 Diesel / Alfa 147 2.0 Selespeed
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ScotMac
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Post by ScotMac »

I completely agree with you.

I do fully understand that they are a business and have to make a profit........

You should forget the turbo and keep your GTS.............that is what I am doing :D :D :D
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VanB
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Post by VanB »

Reading is notorious for its low PX offers and high cost servicing. Go elsewhere and I agree that you will likely get a better offer from an indie than an OPC
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