2016 911.1 Turbo trade in value?
03-25-2019, 11:50 PM
#16
The market is very thin for these cars at Mannheim - there are only 6 results for the last 9 months for a 16 Turbo. Only two in 2019. One of those was $109 and the other $113 - miles were in the mid 30's.
$123k from a dealer is very fair - and assuming your paid $163k (4.5% discount), it's only cost $10k/year to own and drive. Not inexpensive, but there are a lot of cheaper cars that would have cost you more money to own.
$123k from a dealer is very fair - and assuming your paid $163k (4.5% discount), it's only cost $10k/year to own and drive. Not inexpensive, but there are a lot of cheaper cars that would have cost you more money to own.
03-26-2019, 07:54 PM
#17
Rennlist Member
Here’s a data point:
I received a few $135k offers and accepted a $140k trade in offer for my 2017 991.2 TT in June/July 2018. The $140k offer was from an auto broker who I had a relationship with, and he had identified a buyer and reached out to me. I gave him the 911, took the trade in sales tax credit on paper, and found a new car out of state and had it shipped over. He made a bit of money on the new car’s clearbra and transport (range of $500-2000) which was just fine. It was a totally painless transaction on a hard to sell car.
The 911 had an MSRP of ~$186k, the options and build were generally quite desirable, mileage was about 18k, no issues or stories with the car, and 992 hadn’t been shown yet. The car had a front clearbra and I included a set of winter HRE flowform wheels.
At the time, I had the car listed here and on a few national sites for $145k and got no response over the ~2 weeks besides some kind compliments and a few resellers looking for a quick flip with $120s offers. (At that price I’d have just kept it!)
After the fact I was curious and added it all up. I ended up driving the car ~1k miles per month at just under $3k per month. Not that bad for a short ownership term like that.
I received a few $135k offers and accepted a $140k trade in offer for my 2017 991.2 TT in June/July 2018. The $140k offer was from an auto broker who I had a relationship with, and he had identified a buyer and reached out to me. I gave him the 911, took the trade in sales tax credit on paper, and found a new car out of state and had it shipped over. He made a bit of money on the new car’s clearbra and transport (range of $500-2000) which was just fine. It was a totally painless transaction on a hard to sell car.
The 911 had an MSRP of ~$186k, the options and build were generally quite desirable, mileage was about 18k, no issues or stories with the car, and 992 hadn’t been shown yet. The car had a front clearbra and I included a set of winter HRE flowform wheels.
At the time, I had the car listed here and on a few national sites for $145k and got no response over the ~2 weeks besides some kind compliments and a few resellers looking for a quick flip with $120s offers. (At that price I’d have just kept it!)
After the fact I was curious and added it all up. I ended up driving the car ~1k miles per month at just under $3k per month. Not that bad for a short ownership term like that.