How to sell my Porsche – the ultimate guide
Selling your car can be a stressful undertaking, and the stakes are higher when you have a luxury, prestige car to sell like a Porsche. You want to make sure you’re getting the best price possible, without attracting time-wasters.
Luckily, Motorway has made it easier than ever to sell vehicles of all kinds, from reliable family cars to models from some of the most prestigious car brands. Here’s everything you need to know about selling your Porsche for a great price!
- Where to sell my Porsche?
- Sell my Porsche online
- Does Porsche have a good resale value?
- Which Porsche model holds its value?
- Best way to sell my Porsche?
Where to sell my Porsche?
You can sell your Porsche through the same channels you’d sell any car, but arguably, you have more options the more prestigious your car is. Yes, you have the regular dealers and car-selling sites, but you also have a new level of private dealer you can appeal to — the collector.
Finding a private seller for your car can be very rewarding in the financial sense, especially if you find a collector or Porsche enthusiast. Personal interest in your precise car make and model can help drive the sale price up, but there’s a lot more to consider before agreeing a great price, and the admin that surrounds private sales can be off-putting.
Should I sell my Porsche to a private seller?
As mentioned, Porsche owners stand to gain more from private buyers than, say, the owner of a Ford. Rarer, more desirable cars will catch the eyes of collectors and enthusiasts, who may prefer to buy a car straight from the owner rather than dealerships. That can mean a higher price, but you’ll all need to consider all the the following:
- Advertising your car on listing sites, local papers, and notice boards (rarely free)
- Dealing with incoming messages and emails from genuine and less genuine buyers
- Meeting with multiple would-be buyers for a viewing (this will involve giving out your personal address, or driving your car each time to a mutual location and increasing your mileage which impacts value)
- Organising a reliable payment method
So, while you might be able to agree on a good price, the time, money, and energy you have to put in first may mean it’s not always worth it.
Selling to a dealer is a method you can always rely on, but you can’t always rely on getting a great price. Dealers will base their offer price on lots of different things, including their own stock, their location, and how much demand there is among their customer base. While that could all work in your favour, it could also go the other way, and leave you slightly short-changed for your luxury vehicle.
Provided you’ve cared for your Porsche correctly, scrapping it is unlikely to be an option, but it remains a choice for those whose cars are badly damaged, written off or no longer roadworthy. Scrapping will at least allow you to get some money for a car that can no longer be sold and Porsche parts are highly sought after. Motorway works with a scrap dealer to ensure you get a great price and have your Porsche collected from your home.
Sell my Porsche online
No matter how you choose to sell your Porsche, you’ll likely end up using the internet for some portion of the sale. Whether it’s to find a private seller, contact a dealer, or sell to a car-selling site, there’s no denying the internet has transformed the way you can sell your Porsche. But that’s not to say all the options for selling your car online are equal when it comes to pay-off.
Car listing sites
There are plenty of sites allowing you to list your car, although few are free. Once listed, your car is advertised to their audience of daily visitors. While this could mean your car is viewed by thousands of people, there is rarely any sort of filter placed on that audience. That means everyone from time-wasters to low-ballers are free to contact you and make unrealistic offers. It also means you’re responsible for crafting a car description that makes your vehicle stand out, and if it isn’t sold within a certain time, you may have to re-pay the listing fee to keep it live.
Sale boards and marketplaces
These sites face all the same issues as above, though you may get added protection for both the seller and the buyer so that neither of you are cheated. That said, you may have to pay higher listing fees and a seller admin fee for the luxury.
Easy? Yes. Quick? Relatively. Free? Not always. Depending on what car-selling site you go to, you may have to pay an admin fee that is calculated from your car value so it can seem like you are being punished for making a good profit. As well as that, some sites will require you to drive your car to them to be inspected before they can give you a valuation, and that can lead to lots of wasted time if you don’t wish to accept their offer. So, if you’re looking to sell your car online, why not do it the Motorway way? It’s quick, easy, 100% free, and neither you or your car have to go anywhere!
Does Porsche offer good resale values?
Luxury cars generally hold their value well thanks to their desirability. While all cars, regardless of make, lose value over their lifespan (around 60% in the first three years), luxury cars can still expect to hold on to theirs better than your standard car thanks to their prestige. In fact, in 2021, Porsche was found to be the leading luxury brand when it came to best resale value.
Which Porsche model holds its value?
Some notable models of Porsche that hold their resale value well include:
- Porsche 911 — perhaps the most sought after of all Porsche models, the 911 is always in high demand no matter age and mileage, so most owners can expect a healthy price
- Porsche Macan — this model’s reliable functionality helps it retain value
- Porsche Tayan Cross Turismo — being the luxury brand’s first fully electric model, it has huge demand
Best way to sell my Porsche?
The Motorway way, of course.
If you’re thinking about selling your Porsche quickly and easily, at Motorway we offer a simple — and completely free — method of getting the best price when selling, whatever the model.
Just enter your reg on the homepage and you will be provided with an instant estimated sale price based on up-to-the-minute market data. We’ll then ask you a few easy questions about your car and guide you through the photos you need to take to complete your vehicle profile. It can be done right from your phone — in a matter of minutes.
If you choose to enter your car into a daily sale, it will be shown to our nationwide network of more than 5,000 verified dealers looking to add to their stock of used cars. Interested dealers will then compete to buy your car, offering you their best price.
In as little as 24 hours you will receive your best offer — and, if you choose to go ahead with the sale, your car will be collected for free by the dealer and the money will be quickly and securely transferred to your bank account.
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