GT3 flip value?
12-13-2018, 05:22 PM
#61
Instructor
Eh, that cancelled order car and the car you want don't seem that much different. And 4 ways are actually more comfortable than the 18 way seats. So it's really down to color. Is the color yellow worth $20K to you? Racing yellow is a standard color, and it's really not that rare. I'd buy that cancelled car and put my $20k in something else aftermarket.
12-13-2018, 11:54 PM
#62
I did that, and gave them my credit card too. The sales guy thought he could get the allocation assigned to me. The GM said no, showed me a stack of folders which he said was a waitlist of loyal customers. Then they offered me the cancelled order. I came up w/ the buy/trade if I could get the allocation. They came up w/ 20k below msrp. So these guys aren't letting a build go to someone with no history.
12-14-2018, 12:38 AM
#63
Rennlist Member
Thats ridiculous. you end up paying sales tax on two cars, just so you can pay an ADM of $20k. Firstly the ADM is high, in my estimation, but say thats the price of admission — fine — you are way better off paying over sticker than doing the buy / sell / buy thing. makes no sense.
12-14-2018, 01:05 AM
#64
Thats ridiculous. you end up paying sales tax on two cars, just so you can pay an ADM of $20k. Firstly the ADM is high, in my estimation, but say thats the price of admission — fine — you are way better off paying over sticker than doing the buy / sell / buy thing. makes no sense.
Winner winner chicken dinner. Paying sales tax twice adds a fortune to the price of admission. Even if they can keep the first deal on the books to give you a trade equity credit against the second purchase, it still stinks to high heaven. Its easy for the dealer to suggest this, as its all upside for them, especially to a naive first time buyer with stars in his/her eyes. There are so many other cars available, and sales are slow. Just ask the honest seller right now; most who list are faced with goofball low-ballers and brokers. Dealers have huge incentive to make it seem otherwise. Tell these guys to go jump in a lake. As a somewhat recent seller of a GT3, I still have a sour taste in my mouth. Losing 40k on a car deal used to be reserved to new Ferraris. Now we get to enjoy it on VW products too!