Need Help...Dealer Trade Values / Consignment
11-19-2018, 12:23 PM
#1
Rennlist Member
Thread Starter
Need Help...Dealer Trade Values / Consignment
Here's the situation. I'm moving from my .2 GT3 to a .2 RS.
I purchased my 991.2 GT3 from my dealer this past May. Custom order, $173k, purchased at sticker with no ADM.
My dealer got me an allocation for a 2019 GT3 RS. Now in production, delivering in January. This car is also being sold to me at sticker $238k (Weissach, PCCB's, etc.).
The dealer has offered me $157k for my current GT3 ($16k less than I paid...without taxes, of course) in lieu of marking these cars up with ADMs.
Could any of you help shed some light on what I should expect on trade-in values? Is their offer fair?
Should I be asking them to sell it "on consignment" and profit share or something?
Thanks for any words of wisdom here! Like any of us, I hate thinking about losing money, but I'm trying to be cognizant of the situation and the dealer is a close personal friend so I'm just trying to make sure this deal is fair on both sides.
I purchased my 991.2 GT3 from my dealer this past May. Custom order, $173k, purchased at sticker with no ADM.
My dealer got me an allocation for a 2019 GT3 RS. Now in production, delivering in January. This car is also being sold to me at sticker $238k (Weissach, PCCB's, etc.).
The dealer has offered me $157k for my current GT3 ($16k less than I paid...without taxes, of course) in lieu of marking these cars up with ADMs.
Could any of you help shed some light on what I should expect on trade-in values? Is their offer fair?
Should I be asking them to sell it "on consignment" and profit share or something?
Thanks for any words of wisdom here! Like any of us, I hate thinking about losing money, but I'm trying to be cognizant of the situation and the dealer is a close personal friend so I'm just trying to make sure this deal is fair on both sides.
Last edited by JCN83; 11-19-2018 at 01:48 PM.
11-19-2018, 12:32 PM
#3
Burning Brakes
FAIR.
You are are contradicting yourself. This is a business deal. You have a used car. It is not a solid gold flying unicorn that ****s diamonds.
When will this craziness stop.
You are are contradicting yourself. This is a business deal. You have a used car. It is not a solid gold flying unicorn that ****s diamonds.
When will this craziness stop.
11-19-2018, 12:48 PM
#6
11-19-2018, 12:54 PM
#7
This is a very fair deal. Dealer is giving you a reasonable trade in. Is it an exceptional trade in? No. But name one time where someone said - wow! I got a great trade in offer!!
never happens.
take the deal. I’d be happy with it.
never happens.
take the deal. I’d be happy with it.
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11-19-2018, 01:37 PM
#11
Race Director
OP what state do you live in?
11-19-2018, 01:41 PM
#13
Race Director
Okay so you should get the tax credit. Does it make a difference if you trade the car back in 2018 and take delivery of your new one in 2019? I don't know the answer. Just raising the question.
11-19-2018, 01:47 PM
#14
Rennlist Member
Thread Starter
Yes, there'll be a fairly large tax benefit to trading. I don't believe the difference in year will have any effect.
11-19-2018, 01:50 PM
#15
Rennlist Member
Thread Starter
Hah! I didn't post any pics but it really does resemble a solid gold flying unicorn sh*tting diamonds. Especially with the sport exhaust engaged!
