How does 'Sale or Return' work? The Rover 75 is selling that way
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- Опубликовано: 30 сен 2024
- Classic car dealers often offer SOR - Sale or Return - or commission sales, but what does that mean and how does it work, and is it worth it for the seller, buyer and dealer to do?
Ive sent the Rover 75 to www.stonecoldclassics.com this way so lets find out
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Obviously I don't know or share any sentimental value with the cars on the fleet, but from a brief outsider's perspective I don't think this 75 should be the car to go...
i second that have done from day 1
It would probably be the Volvo for me - hasn't been used in forever
@@timprice5What about the W123? I'd have moved that thing on years ago.
I understand your reasons for selling, but I think I'd have stuck the 75 in the Barn. If I had the space in my garage I'd love to have bought it. It's a beautiful example. I can't imagine there's many better out there. Definitely an upcoming classic.
@@timprice5I don't really have any affection for the Volvo, to me it's just a huge fuel hungry barge that never goes wrong (aka doesn't make any content for the channel) and takes up alot of space too. I really want to see the other cars fixed up too like the tomcat, the Austin mini etc.
12 plate focus tdci £20 tax non ukez..2003 focus 1.6 petrol £325 tax ulez compliant..whats going on..total con..Strictly speaking are these council actions legal?
The roads are bought and paid for with tax money we give to our SERVANTS to build and maintain. We DID NOT give them permission to stop us using OUR (not their) roadways.
ULEZ could be seen as criminal damage by the various councils!
So a few unanswered questions….how do your costs compare with you advertising privately or a WBAC sale? How long does the dealer advertise it for before throwing in the towel? At what stage does the return happen- clearly you can’t change you mind straight away.
I would of kept the 75 as always loved the styling
When he is finished you Will loose all your money,if it doesn't sell you will have to pay the valeting,stone chips and dent removal,dont be a fool
DainSmart
Yes the thought about who pays the incidentals has crossed my mind also.
A hes explained, I get a set price and if the car comes back to me Im not out of pocket - the risk is with the dealer
Much harder selling cars privately these days, as buyers seem to want the comfort blanket of a dealer to back up their purchase.
In reality on a car of that age, buyers still only have the Consumer Rights Act (which applies for 6 months) to fall back on unless the dealer is prepared to warranty it themselves.
Lovely as your 75 is, its not a 'one off', due to its mileage and condition, lower than some and better than others but there's equally as good 75's out there for a lot less money than you've been asking.
You Tube 'status' should have no bearing on the price either, it doesn't make it a better or worse car.
You're open and honest about all your cars, a very 'warts & all' channel, your detailed videos show up the bad as well as the good.
I love this RUclips channel, I'm in Ireland, we have a website called DoneDeal, & there is a 2003 MG ZR (Rover 200 based) in dark blue for sale for €750! It has just under 130,000 miles for anyone who is an MG enthusiast. Just passing this on, for anyone who loves a project car.👍🏻
There's not actually been that many cars leave the furious fleet. I always liked the Hyundai coupe that you had for Santa Pod.
Me too, I wish Id kept that one as well
It's sad to see the 75 go but without doubt it's a future classic. I like the way that you're not 'too' bothered if it sells as you'd welcome it back but I appreciate car storage etc things have to move on. I'm also surprised that there has been little feedback on Beryl the Beetle, a lovely car that.
You will regret it I can guarantee that having 5 now just bought another a V6 2.0 petrol no more diesel cars for me. Also after having a 1.8 turbo 75 they are very thin on the ground.😢
You need to sell. I've got to do it with my old computers that are just taking up space. It ain't easy.
You're also going to have to be hard about some of the projects. The Crown Vic obviously needs to be finished - you've poured too much emotional energy into that. But you will probably need to be realistic about the ones you're not going to get anywhere near, a bit like when Ian Hubnut realised the Oltcits were fated to sit around forever if he didn't move them on.
I can see parting with that lovely Rover 75 is going to be agony though.
As the owner of two 75's I too will be sad to see it go but realistically, how much further interest would there have been for it on the channel - was there really much more you could do to it (content wise)? It certainly was a lovely example though, and it should end up with an enthusiastic new owner who will look after it. Onwards and upwards, maybe just buy another one...
This was my thinking sadly, much as I love it apart from basic maintenance theres no more content. I have kept the Haynes manual though, so you never know whats next
Beetle? No one cares about them....Shh! A Montego would be a good next project. ;)
Crikey Im not a glutton for pain...and thats just driving one (baddum ting!)
@@furiousdriving They were cool lookers..Ok a spicy MG version, with a Turbo! ;0
Good luck Matt, but whatever you do, don't replace the velourrrrrs 😅
We have 5 beetles, but really unpopular in the UK for some reason.
Big mistake. The 75 should have stayed the Volvo has to go .
Matt meets Swiss Tony's grandson 😂😂
Why the inane awkward laughing all the time
Thanks for the explantion of Sale and Return Matt, shame to see the 75 go and i know the feeling of cars i regret selling, I can count two or 3 cars I regret selling.
I’m no lawyer, but I know you have statutory rights when buying from a dealer. You can not sign away these rights.
The dealer can get you to sign anything he likes. However you drive the car away and the head gasket goes in the first month , he is responsible. I’m not sure trading standards would agree with the dealers blasé attitude to excluding himself from responsibility.
He knows the law and his responsibility, and I know he always goes the extra mile for customers, however the law is that the defect had to have been present when the car was sold, and HGF is a thing that happens, like a puncture
As much as it may seem rough for the dealer sporthatch above is correct, a major failure such as HGF would be the dealers responsibility for the first 6 months (not three months) as this guy stated, that's why you pay over the odds to buy from a dealer, otherwise you may as well buy a cheap private sale car.
@@furiousdriving absolutely sure that he would look after his customers. They have been great with lending you various cars so I have no doubt they are nice people.
However, according to the law its up to the dealer to prove the fault didn't exist at the time of sale, sadly for used car dealers. It would be a sh*tty thing to do as a customer knowing their reputation for HGs, but if you were being difficult I don't think SCC would stand a chance at recourse
Now get them to finish and sell the Volvo ! 😊
The K series engines are fine if you fit them with the metal gasket, for some reason rover put a cheaper one on, which generally goes around 50,000 miles. However the metal one is only like £5 more than the cheap one and the metal one does not generally blow. I used to buy mg's and rovers cheap from auctions with gasket problems, skim head, stick the metal one on, job done, reliable car.
I'm sorry I have to disagree on that one MLS gaskets are only appropriate if the block has been rebuilt and the liners are equally above the surface which pretty much all K-Series engines are not. In most cases that gasket will weep coolant and fail much more quickly than an original Elastomer gasket (which are have higher quality beading than the originals) which will take out the unevenness of the protruding liners or even almost non-protrududing liners. These are the two choices but the MLS gasket you speak about is now known NOT to be the one-size-fits-all solution it was designed to be, in fact like I said only the minority of k-series would benefit.
Odd, I have had a variety of mechanics recommend them over the years. I am not a mechanic myself and not dealt with k series cars in about 10 years, so maybe the info has changed since then. (or maybe different engine sizes play a part, or simply people did not know how reliable or not they were at the time). I know a couple of people who still have them one with a rover 25 and one with a mgzr both 1.4's that are they are still running fine well over 50,000 with the metal gasket on. (I also had one fitted to my 1.8zt, but it got stolen shortly afterward so no idea if it would have lasted on there lol)@@usuallyfixingtinkering
@@chriscowey7464 I have known instances where the MLS gaskets last longer than most (which is not a long time), mechanics in all honesty don't get to see if their choice of an MLS if successful or not, they just base the success as "the customer hasn't come back in 6 months" - which rarely happens unless something huge happens. MLS gaskets fail prematurely in the longer term than a few months but aren't a great solution. 10-15 years ago It was touted as the "big all-in-one" solution to HG failure but that was when nobody started making Elastomer gaskets of much better durability (i.e. better quality seals) than the originals. In the last few years the quality of elastomer gaskets have improved and failures when the job is done well is next to none, MLS is now the 2nd best option in 95% of cases.
I reckon there's a good chance both those examples you've spoken about will slowly "weep" coolant in the corners of the gasket, very common on the MLS unless very very lucky. Which is very possible, but it is more lucky than good judgement with the MLS.
Great video Matt and thanks for the in depth info on the process shame to see this one go
Matt why didn’t you advertise it for what he offered you for it , it would have sold , but if he can’t get it sold , who pays for the work he has done on it ? I can’t see him being out of pocket
Absolutely, if a car is priced correctly and it is presented well it will sell; no-one wants the worry of having to take it back and then, as you say, having to fork out for all the things Stone Cold have done which you should have done yourself anyway before thinking of selling.
He pays for that, which is why he only takes cars hes confident will sell
Next up
How about a Rover 600
Or….a metro…..but not any old metro, the 100 Diesel.
Two years ago, I bought my garage queen NC MX5 from a Dutch stone cold classics equivalent here on the mainland. Paid top covid dollar back then obviously, but 20k clicks later it actually hasn't lost any retail value and some of her litter mates have started to come up with somewhat unreasonable prices.
Wayne from Stone Cold Classics will do a great job of selling this. Knows his stuff.
Matt I know you are like a lot of people a meat eater but you do realise leather is some poor little souls skin who has been taken with his/her mates to a slaughterhouse smelling the blood of said mates while awaiting their turn, Xmas is a great time to go veggie or vegan, why do you want to turn a cruelty free car into one that isn't, be kind.
PLEASE no not another mondeo Matt!!
I cant promise that...
Wondering why my coment was removed subcriber but not a member
Dont know, was there a link in it?
No link just saying its a good idea to get an agreement to the effect that the car remains your property until you have cleared funds
I am sure Wayne will sell this . Stone Cold Classics great following
You won't see that again as it will be snapped up.... not a fan of them but that's just me 😊
Matt, selling the Rover makes you a nut! Sell the hippo!
is just me or does this era of rover reminds me of a jaguar of some sort especially with the interior?
Yipee I'm here and loving the show.
Was great to know how that works and I hope all works out well
Sad to see the 75 go but you've got plenty of projects and the 75 was complete! I'm going to be selling my 75 soon as well and although and I'm also dreading the thought of letting it go.
I dont blame you. If this had heated seats and was an estate Id probably have sold the modern car and kept it
Very sad to see the 75 go. Lovely car.
Would it be strange or you to review this car in a few weeks than at the end saying " If your interested see the link below" Would be a hard one for you to do Matt.
If I hadn't already covered this exact spec I would!
Didnt learn much from that tbh. Couldn't catch the name of the dealer and how do you agree the price?
Stone cold classics, and you agree a price by agreeing a price
Pity the 75 has gone to sale Matt nice car nice colour and well looked after too ...still you may see it back 👍
It's a stunning thing, and I know I'll miss it. I wont be sad if it comes back
Still nice looking cars 👍🏻
Your like the car “ Philanthropist “
Matt , saving them , restoring them and sadly loosing them 😢, quite agree the 75 was an real almost perfect survivor of a bygone age for sure , stately and decadent 👌🏻.
Decadent!!! Or decent?
@@kamrankhan-lj1ng definitely decently decadent 😁
You can't keep 'em all Matt. I know, some are harder to sell than others. Still, you may come across soenthing else that's even better. You never know what's around the corner.
Sadly true, just wish I had a bigger car park
@@furiousdriving Wish I had a bigger bank account.
That never happens in Melbourne Australia. Once the dealership transfers the details through our DVLA (vic roads) they take ownership of the vehicle. It is then their issue.
in this situation the dealer doesnt own it, just holds it until its sold
@@furiousdriving in Melbourne Australia that is illegal. Quote “ it is illegal for you sell retail, or offer to sell retail a motor car on consignment from a member of the public.”
Motor vehicle traders act Victoria.
Also under the motor vehicle traders act
Considering the size of the furious fleet and how you seam to buy & sell a number vehicles. You would be considered a motor vehicle trader & in Victoria need to have a traders license & insurance.
I couldn’t do what you do in Melbourne because of the restrictions.
My brother brought dimondbrite and he got a stain and they just said its his fault and it had a five year guarantee that if you cant clean it they will do it for you
He needs to call the help line to talk to them about it
@@furiousdriving he did they told him they cant do anything he has sold the car since thank you for the reply
Would the return mean the end of the flip car series?
Id have to start over, but Im sure a car like this will sell - every 75 Stone Cold has had so far has been like this and flown out the door
Good luck!
I'm surprised a classic dealer wants a 20 year old car.
MGBs were thought of as classics when they were younger than that
@@furiousdriving MGBs ran from 62 to 80 - Rover 75 ran 98 - 05.
Ill respectfully disagree with you.
Have you got an update on the rusty Lagonda?
When did he have a Lagonda?
no, they put the project on hold
Did u use the tea shelf?
Always
👌👌
It's a Rover 🤓
Full disclosure, I wouldn't be interested in buying this very niche motor. Essentially a 'modern' car with retro styling. The K series head gasket forewarning is lovely and honest but not a positive selling point. If it doesn't sell and you fancy, say, a...raffle? Yeah, I'd definitely pitch in with multiple tickets.
Just putting it out there.😉
Yes, I'm no expert but from my interpretation of consumer rights when buying a car, a head gasket should be covered shouldn't it? Particularly if it occurs in the first 30 days.
faults need to be present at the time of sale, in the process of failing, HGF is sudden like a puncture
Hope you got a signed by both parties that the car remains your property until you have received monies.
Theirs quite a few posts on porsche forums where people have handed over their vehicle on SOR and the dealers have failed to pay them or they have declared bankruptcy and they have lost their car.