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Re: Specialist dealer sold my car but won't give me proceeds

Posted: Thu Oct 18, 2018 9:32 am
by Bootsy
BILLY BEAN wrote:You should not be acting as a 'bank' to support the dealers cash flow. Suggest you send a letter of "Notice before Action" and give seven days to provide you with the money.

Regards
Kirk
Yes, get this out today

Re: Specialist dealer sold my car but won't give me proceeds

Posted: Thu Oct 18, 2018 10:08 am
by Nige
Flat 6 wrote:
I think you'd all be surprised who this is. Very much still in business.
Lets hope they're regular visitors to the forums you've posted this on and they resolve the matter swiftly.

Re: Specialist dealer sold my car but won't give me proceeds

Posted: Thu Oct 18, 2018 11:03 am
by alfietom
I would 'Name and Shame' before another one of us falls foul to this 'Dealer'

Re: Specialist dealer sold my car but won't give me proceeds

Posted: Thu Oct 18, 2018 11:18 am
by one-two
No need to name and shame - we are all the same apparently
hot66 wrote:It wouldnt surprise me if it was any one of the 'specialist' Porsche dealers .. hear so many stories about different dealers linked to SOR type sales

Re: Specialist dealer sold my car but won't give me proceeds

Posted: Thu Oct 18, 2018 11:31 am
by hot66
unfortuntely SOR type sales are tarred with the same brush due to this kind of story happening again and again , wether it be Porsche or other high end cars.

Hopefully the good honest SOR dealers are recognised as such from recomendations etc

Re: Specialist dealer sold my car but won't give me proceeds

Posted: Thu Oct 18, 2018 11:55 am
by one-two
I have every sympathy with the OP who appears to have been treated extremely badly, but comments along the lines of "they are all the same" are inaccurate and unhelpful

Re: Specialist dealer sold my car but won't give me proceeds

Posted: Thu Oct 18, 2018 12:47 pm
by Flat 6
I have no doubt that there are many excellent dealers in the UK, SOR or not. I hope so because selling an expensive car like a classic 911 is much more difficult when you're based over here in N.Ireland and I will probably be hoping to sell another car in the spring. So I could do with recommendations anyway.

Robert Barrie - didn't know you handled SORs so worth a chat. I could make a list of others that I am considering but by doing so it may identify the problem dealer by their conspicuous absence...

I have had one PM from someone else who was about to place their car with another dealer and wanted to be sure it wasn't the one I'm having trouble with. It wasn't so I was able to put his mind at rest.

By way of a general update, the problem dealer has seen this thread, understands the likely next steps and promises payment. I will of course keep you informed. Legal practice has been briefed and awaits instruction should that be necessary.

Al.

Re: Specialist dealer sold my car but won't give me proceeds

Posted: Thu Oct 18, 2018 1:33 pm
by 964RS
There are a couple of big specialist Porsche and classic dealers who have had issues paying people over the last couple of years on SOR cars.

Don't let previous reputation, size or current stock be an indicator that all is still ok, it can happen to anybody and does.

Act today, you've already given them way too long for them to pay you your money that they have had for 2.5 months!!

It's a shame we don't name them when it's as clear cut as this....others will just get caught out also :(

Re: Specialist dealer sold my car but won't give me proceeds

Posted: Thu Oct 18, 2018 1:38 pm
by Nige
Flat 6 wrote: By way of a general update, the problem dealer has seen this thread, understands the likely next steps and promises payment. I will of course keep you informed. Legal practice has been briefed and awaits instruction should that be necessary.

Al.
Fingers crossed.

Re: Specialist dealer sold my car but won't give me proceeds

Posted: Thu Oct 18, 2018 2:09 pm
by markm
I would act today and issue proceedings, they have had long enough already. I have experienced SOR three times now and can onyl say it has worked oka for me and I have received the proceeds form the sales less commission and costs promptly.

Good luck

Re: Specialist dealer sold my car but won't give me proceeds

Posted: Thu Oct 18, 2018 4:54 pm
by wildtexas
I have never sold a car through a dealer but I was wondering whether some use an escrow service?

Certainly with house/land sales I have been involved in that was the norm.

Not much use to the OP of course, just curious as to whether dealers or individuals use this idea.

If not, why not? Matt

Re: Specialist dealer sold my car but won't give me proceeds

Posted: Thu Oct 18, 2018 4:55 pm
by Flat 6
Update: roughly 25% payment received. Rest promised tomorrow. Will update. Al.

Re: Specialist dealer sold my car but won't give me proceeds

Posted: Thu Oct 18, 2018 5:03 pm
by gridgway
one-two wrote:I have every sympathy with the OP who appears to have been treated extremely badly, but comments along the lines of "they are all the same" are inaccurate and unhelpful
Yes agreed, clearly not all are the same. The problem from the outside is that it's hard to tell who is good and who is not. Or who to trust and who not. It's in the nature of SoR though that if the dealer does have a cashflow issue, the funds are possibly at risk. If a dealer is suffering cashflow issues, they then might be underhand (or desperate or misguided) enough to do more SoR to help them through.

When assessing a dealer recently for SOR, you'd be amazed at the number of polar opposite experiences!

To the OP, you've been very kind to let the dealer give another promise. Please make sure you are ready to press the go button on the moneyclaim online site if that promise is not met.

Graham

Re: Specialist dealer sold my car but won't give me proceeds

Posted: Thu Oct 18, 2018 5:17 pm
by BILLY BEAN
The person who Al has had difficulty with should be on Rogue Traders on TV. I know of at least three other people who have had to take legal action to recover their money in the last three years.
(and no Robert it is not you).

Re: Specialist dealer sold my car but won't give me proceeds

Posted: Thu Oct 18, 2018 5:17 pm
by Flat 6
I've looked into the online official claims process before. 4.5% of proceeds at the level we're at with car values. Hardly good value...