Most annoying thing about selling your car? Rant*

I told him the truth. The car was no longer available because one of the later showings paid my full asking price in cash. I would have liked to have “informed” him about the proper way to negotiate over collector cars, but I know nothing good ever comes from that. I learned that lesson when I was selling a Fiat 124 and the moron kept putting his hand over the carburetor intake to make the engine almost die. After the third time I asked why he was doing that and to please stop. He got huffy so I asked him to leave before he could take it for a test drive.

 

THAT!


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I hope that wasn't at a Ferrari dealership?

Joe

 

Duhh....because we only sell for money!

 

Lol, I get that part. It's not something I would ever say to a buyer, but I can understand why some people say it. Sometimes people will be interested in an item for sale, and then offer up a trade, or say " I don't have the money now, but I will shortly after I sell my own *insert item*".

 

Exactly, when I bought my Ferrari, I said I can pay cash (wire transfer, not suitcase full of cash) so he knew I was serious and didn’t need to arrange financing.

Not that I thought I’d get a better price, this isn’t like I’m paying a contractor who might give me a discount for cash (I have no idea why the contractor doesn’t charge me sales tax when I do this as I assume they still pay the the sales tax themselves and just don’t break it out on their hand written bill)


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I've said this before.... when a buyer mentions he is paying cash it almost always means he doesn't need financing. To think that he is going to arrive with a bag full of green paper bills is a baseless conclusion.

I always say I'm a cash buyer and never has a seller thought anything other than "ok great, I don't have to worry about another tire kicker getting denied a loan"

 

Sounds very similar to my experience. A few small finger like dents in the bodywork of at least two were ones I had never noticed before as they were so small. The side window/door trim up around the roofline on my 360 had some peeling clear coat. I have now repaired this myself. I was told by one potential purchaser that it was about £2000 to replace them because removing the old would break the rear side windows. That with the small dent repair (no more than £500) and the threat that there may be more work meant we went from £60k to £50k (at best). I have since decided not to sell.

 

# 1 . " Buyers " who make a low or lowball offer without ever seeing the car in person.

#2. I have cash in hand, which like others here, SHOULD mean quick easy transaction. THEN, you end up waiting for days/weeks while they actually get the money together that they were supposed to already have, ya know, in HAND?

#3. " Buyers " who ask what the bottom dollar is for a quick sale, that when you give them said price, they take their time actually finalizing the deal. What happened to quick and easy?

#4. Buyers who ask about a car, actually come to see the car, ask all the questions, then ask " best price " then take another week before having a PPI performed.
Note, during said in person inspection, I told them that the reason they were given the chance was because buyer #3 had not replied in several weeks. So it was unknown if they were still interested. It was stated, that buyer #4 is 1st in line at this point. #4 buyer has money in hand, but drag their feet for a week... When contacted 5 days in advance and told, hey buyer #3 has come back to the table and is ready to buy.... The car will sell to whichever buyer #3 or #4 gets to the table 1st.... buyer #3 Pays, Buyer #4 gets upset that they just paid for a PPI and thinks that they should have been given priority over buyer #3. Ignoring the fact that they were warned 5 days before the deal closed. ( Buyers were both given wiring instructions at the same time to keep it on the up and up ) SMH
Almost makes me NOT want to sell to the public ever again. ( BTW, being fair, I paid for the PPI as a goodwill gesture, I'm still the bad guy, and buyer is still talking you know what to anyone that will listen ) SMH

S

 

I only sell my cars on consignment through trusted and reputable dealers (Ferrari and specialist) and have to say I have never had a bad experience selling a Ferrari this way, unlike other cars. I don't think there's any other option, here in the UK it's almost impossible to sell a Ferrari privately (unless it's still under warranty) and achieve the same price as a consignment sale less commission. Particularly if you price in time.

 

Frankly, I think selling Ferraris has got to be one of the worst jobs in the world.

 

Not a Ferrari, but here's one from the other side of the coin...

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Sure, I'll drive 90 mins (truthfully, more like 120) so you don't have to stick a camera under your car for 30 seconds. Not an F-Car, but F-That.

 

Agreed, which is why I don’t sell cars for a living, I just couldn't do it.

Steve

 

Not gonna lie I drove 3 hours to another state to see my car in person. Pictures don’t do justice and if I’m making a purchase your bet ur a** I’m gonna check that car like a hawk in the flesh. You can send me all the pictures you want I still will make the trip.


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Remember - it's just business. No one gets to renegotiate later if money is left on the table. Sellers want to maximize their return, while buyers look to secure an item for the lowest possible cost. It's the fundamentals of a free market. Personally, I dislike a butthurt seller at least as much as an aggressive or flaky buyer. Keep emotions and attitude out of it...and the deal will go much better.

 

Not a Ferrari, but I once drove 6 hours to look at a motorhome I wanted to buy. Pictures looked great. They forgot to mention or take pictures of the completely rotted ceiling. looked at it for about 30 seconds and said you gotta be kidding me! Drove home empty handed. It works both ways, buyers or sellers.

 

Years ago I was selling a 911, nothing special. Turned out, it seemed, that anyone that didn't have money wanted a 911. After the 5th person to drive it around the block grinding gears an older gent showed up. As we were walking up to the car he said, "I'll test drive it ,and if I like it, I'll call my wife and discuss it with her". I said call your wife first, then we'll go for a test drive. He walked back to his car and left.
I couldn't have been happier to see him leave.

 

Buyers are liars. If you've ever sold cars for a living that is lesson #1.

 

Buyers can lie all they want as long as they bring the money

 

Somebody want to start Carvana for exotics with me? Lol

I've noticed hardly any private sales for regular cars in autotrader/cars.com around me anymore. I imagine people like not having the hassle when selling their car and can get a little more than trading in by selling to them. I don't really like Carvana, but found a perfect low-mileage wagon for a friend on there and have to admit it was a good experience e2e.

 

Warning: slightly out of topic.

It's very nice when you get your Ferrari and know that you will never sell it.
I got mine at the end of july, and few weeks later as I told my brither in law he asked "well, how long do you think to keep it? 2 or 3 years?" I was disconcerted and replied "Actually I never ever thought to sell it, ever. At most I might get a second one!"

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