tlovidiu

Hi guys,

I love my 991 Turbo, it's my first supercar, but I want to try other brands so I wish to sell it.

I was curious if dealers usually offer this thing for example:
I want to buy a used Huracan from a dealer but give them in exchange my 991 for less money than it's actual value, so I just have to pay the difference?

Thanks

Jay911

A dealer will do anything he thinks, where the end result will be a profit.

ace37

Yep. Also in most states your sales tax liability is only on the difference, not the full price of the Huracan.

rk-d

I didn't really realize this until doing current transaction. Makes a big difference.

stealthpilot

Unfortunately it makes little difference because Dealer's price this into their offer.

I have consistently found in the past that I get around $15-20k more selling it myself which more than offsets any tax advantage. Plus you can always register to an LLC in a tax free state.

rk-d

I would have to sell my old car above MSRP to equal the tax advantage on the new car. I got a very fair trade in value. But your point is generally correct - personal sale nets way more in most cases. It is a pain in the ***, though.

Need4S

True, but selling a supercar like a 911TT is not for the faint of heart. You will get all kinds of crazies wanting a test drive with launch control starts, and people out to try to steal your car. Discerning the real buyers is a bit of an art. It can be done, but know you are taking some risks. There is a reason Porsche dealers are and can be in the business of selling used turbos!

An in-between alternative is consigning the car to a good exotics dealer, but that may mean the car sits in the showroom and you give up use of it until it is sold. You pay a commission, but it is usually less a loss than a trade, and not as profitable to you compared to selling it yourself.

Overdraft

At the price point of these cars used, I have never found a buyer who would pay me almost as much as a dealer who can offer the same buyer some comfort that reconditioning has happened (even if it didn't) - CPO - financing options - trade in.....those sorts of things...and so with a tax credit on the new car, numbers are very similar.

rk-d

I've never owned a car remotely this expensive. The idea of selling it, when the time comes, does not sound appealing. I believe my dealer sells on consignment, which would be a reasonable compromise.

NiteJav

If you live in a state where you only pay sales tax on the delta of the trade in value to the sale price of your next ride, find out if your dealer is courtesy sale friendly. (Some dealers are some are not)

Basically you put your car up for sale on your favorite auto sales listing site, inform the buyer they will be buying the car by way of the dealer you intend to do your deal with for your next car and as long as they are good with that you are in good shape. What you're doing at the end of the day is passing paper work around. You have an agreed price for your car you "trade" you car into the dealer who instantly sells your car to your buyer. You get the tax break your buyer can arrange financing with the dealer if needed, and everyone walks away happy. Some dealer may charge an inspection fee or some additional doc fees. (they want to make sure they are selling on a car that is in good shape not something with a cracked engine block or something)

mc2

Called an "in and out". Last time Porsche dealer charged $1000 for their troubles. Very much negotiable.

ace37

I did one as well. They charged me less but they had a lot of profit and a modest discount on the new one.

TAch Miami

I don't know what information is available to you if you are in Romania but you have to check pricing guides and sale ads for your car and whatever you want to get for some idea of relative values. Trading a car for another with some money involved happens all the time.

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2014 991 TT
2013 958 CD