911 2.7rs Rep at Coys

[Mick Cliff]

Who pays the commission? Seller or buyer?

[54Kab]

-yep, hammer down at £77k...

..plus commission = £86,200

..do you also need to add VAT = £ 103,440 (?)

[Mick Cliff]

VAT on the commission only?!

[54Kab]

-oh yeah ! ..so £ 97,240- grand total

B-l-i-m-e-y

[Lightweight_911]

The total paid by the buyer would be £88,040.

20% VAT on the £9200 'premium' (buyer's commission) is £1840.

The seller was also liable for commission (variable)

[mycar]

So what movement in the market does all this indicate ?

[Bootsy]

That the price of fish isn't as bad as once thought

[yoda]

Lovely car, driven it & drives superbly.

Agreed - so have half of DDK which makes it all the more a shame it didn't within the fold or get offered here first!

[964RS]

What's the seller premium?

[yoda]

Car hasn't technically sold yet as the bidding didn't hit the reserve but I think Coys will waive some of their commission / pay it to the seller so he gets what he wants out of it. I suspect the deal will be done to include sellers premium fees etc.

[23e Heure]

Even allowing for the fee, that looks cheap to me... Buyer did well, assuming sale goes through...

[theorangeperil]

My feeling watching the auction (and I didn't stay for all the lots) was most things were going around or below the lower figure on the reserve.
Another industry expert said Porsche sales are slow at the moment. There was a very nice looking 912/6 that went for £24k. Seemed a lovely buy to me. The green hot rod didn't meet reserve. Or the one owner 914.

Non-Porsche but the auction at Carfest the weekend before seemed quite slow too. Pistonheads seems to be full of doom mongers saying the bubble has burst.

Who knows... or cares!

[Mick Cliff]

The total paid by the buyer would be £88,040.

20% VAT on the £9200 'premium' (buyer's commission) is £1840.

The seller was also liable for commission (variable)

I don't understand these auctions!
Does that mean Coys get two bites at the cherry with no outlay? If so, that's obscene!
Same class as Estate Agents! Apologies to EA's
If auction houses/Estate Agents valued then bought in at a fair price and then auctioned/sold at a profit then they would become credible in my eyes.

[hot66]

My feeling watching the auction (and I didn't stay for all the lots) was most things were going around or below the lower figure on the reserve.
Another industry expert said Porsche sales are slow at the moment. There was a very nice looking 912/6 that went for £24k. Seemed a lovely buy to me. The green hot rod didn't meet reserve. Or the one owner 914.

Non-Porsche but the auction at Carfest the weekend before seemed quite slow too. Pistonheads seems to be full of doom mongers saying the bubble has burst.

Who knows... or cares!

doom mongerers are the same ones bleeting on about it time & time again but also the ones that can't afford to buy what they think they should be able to

I want a Fezza 250 GTO and a country estate .. it's not going to happen so tough shite, not going to moan about it and slag off those who can afford to at today's prices

[rvzz]

My feeling watching the auction (and I didn't stay for all the lots) was most things were going around or below the lower figure on the reserve.
Another industry expert said Porsche sales are slow at the moment. There was a very nice looking 912/6 that went for £24k. Seemed a lovely buy to me. The green hot rod didn't meet reserve. Or the one owner 914.

Non-Porsche but the auction at Carfest the weekend before seemed quite slow too. Pistonheads seems to be full of doom mongers saying the bubble has burst.

Who knows... or cares!

doom mongerers are the same ones bleeting on about it time & time again but also the ones that can't afford to buy what they think they should be able to

I want a Fezza 250 GTO and a country estate .. it's not going to happen so tough shite, not going to moan about it and slag off those who can afford to at today's prices

Time to get out of that yellow car James .