Latest GTS Trade In Value Is Shocking!
02-08-2018, 12:14 AM
#47
I think if you're trading a Porsche for a Porsche and the dealer you're trading to wants the inventory, you're likely to do OK. Otherwise, they'll just low ball you all day long. They know how hard it is to sell private party in that price point.
I think if auction value brought $93k for similar mileage -with- a manual trans... that probably puts a PDK car lower. But could be wrong. Either way, seems like a high risk car for a dealer just to buy out right and get stuck with for a while in winter. Probably why you got low balled.
I remember when I was trying to trade my TTS. Yeah, that sucked.
I think if auction value brought $93k for similar mileage -with- a manual trans... that probably puts a PDK car lower. But could be wrong. Either way, seems like a high risk car for a dealer just to buy out right and get stuck with for a while in winter. Probably why you got low balled.
I remember when I was trying to trade my TTS. Yeah, that sucked.
02-08-2018, 03:49 AM
#48
Rennlist Member
It's really not shocking. The only time you have any negotiating power is if you're also buying a car from the dealership you're peddling to AND they want the inventory. CarMax has a simple formula they go by - the people you're angry at there have zero power to give you more.
And a dealer you're trading to, if they don't want your car on their lot, they go by auction prices or whatever their buddy the used car guy at dealership X (your brand of car) will give them for it. Very straightforward really.
And a dealer you're trading to, if they don't want your car on their lot, they go by auction prices or whatever their buddy the used car guy at dealership X (your brand of car) will give them for it. Very straightforward really.
02-08-2018, 08:45 AM
#49
Drifting
02-08-2018, 10:27 AM
#50
If someone had a machine that generated the thrill of owning super cars, boats, homes, jewelry, sugar daddy girls etc. The price to enjoy that 'sensation' would be more then what you 'loose' from market sale depreciation. In fact (fantasy) you would be much richer for owning such a machine.
02-08-2018, 10:35 AM
#51
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If someone had a machine that generated the thrill of owning super cars, boats, homes, jewelry, sugar daddy girls etc. The price to enjoy that 'sensation' would be more then what you 'loose' from market sale depreciation. In fact (fantasy) you would be much richer for owning such a machine.
02-08-2018, 11:51 AM
#53
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Sold a 2013 PDK C2 991 with 15K miles at cars.com in 3 days for exactly what I was asking in 2015. Had to ignore a few scammers. Nothing beats a face-to-face sale at a branch of the bank that issues the buyer's check.
02-08-2018, 11:57 AM
#54
Drifting
I've also sold online through Rennlist marketplace and through eBay (although not a Porsche in that case.) Both times the out-of state buyers sent me the funds far enough in advance that my bank could confirm the actual existence of the funds and credit me irrevocably (several days), before the buyer picked up the car.
02-08-2018, 12:30 PM
#55
Haha Quaid! Start the reactor!!!
I’m not sure I agree... some buyers there will want it of course but I think most 911 drivers just plan to take something else when it’s snowy.
There’s always the extra SoCal premium of course so they might go for a bit more there just because everything is more expensive.
There’s always the extra SoCal premium of course so they might go for a bit more there just because everything is more expensive.
02-08-2018, 01:49 PM
#56
Three Wheelin'
Consign it. Places will take 5-6% on a car like that. Nothing really, if they can sell it for $110-115k.
02-09-2018, 01:30 AM
#58
lol
"Don't sell your GTS"
6 months later....
"Don't sell your GTS"
As per my dealer.
Stopped in while driving by to get a quick wash (I know I am not supposed to do this!!!)
Sat down and had a nice chat with my SA, who was fielding many phone calls at the time, mostly from customers needing new tires, he was recommending Michelins to everyone.
As we spoke he mentioned that I should NOT consider getting rid of my vehicle (2016 991.1 GTS) anytime soon as there are several customers calling in and stopping by looking specifically for the 991.1 GTS. He further stated the prices are holding very strong.
Hopefully it stays this way.
Sometimes I do get the itch to jump into another vehicle! I walked around the lot. The Targa cars look very nice. In retrospect I sometimes wonder that I should have bought a Targa 4GTS. Let's see what the future holds.
Anyone with similar experience, information, or first hand experience in regards to getting a good or greater than expected value for the vehicle?
Thought I would share and pass along this info.
Stopped in while driving by to get a quick wash (I know I am not supposed to do this!!!)
Sat down and had a nice chat with my SA, who was fielding many phone calls at the time, mostly from customers needing new tires, he was recommending Michelins to everyone.
As we spoke he mentioned that I should NOT consider getting rid of my vehicle (2016 991.1 GTS) anytime soon as there are several customers calling in and stopping by looking specifically for the 991.1 GTS. He further stated the prices are holding very strong.
Hopefully it stays this way.
Sometimes I do get the itch to jump into another vehicle! I walked around the lot. The Targa cars look very nice. In retrospect I sometimes wonder that I should have bought a Targa 4GTS. Let's see what the future holds.
Anyone with similar experience, information, or first hand experience in regards to getting a good or greater than expected value for the vehicle?
Thought I would share and pass along this info.
I recently thought about selling or trading my GTS Coupe based on the current Trade In Values I saw on KBB ranging from 95K - 101K.
The MSRP of my car was 133K and it was purchased new for 122K. I felt if I got 100K after 19 Months And 20,000 Miles, it would be a good deal, particularly since I shared this car with my dad and he chipped in 5K, my net cost was $117k. Even the low end of KBB would be a good deal on a trade to offset the tax difference.
As of this past Friday and Saturday:
CarMax Offer = 81K
BMW Dealer against trade for X1 = "Mid 80's"
I was expecting KBB values and completely shocked at the values that they came back with.
Especially with all the talk about the GTS being special.
I ended up leasing the X1 and just keeping the GTS for now at least for the spring and summer and then reevaluate the market.
Anyone with similar experiences?
Anyone know the current auction values?
That was the lowest lowball number I have seen especially since I see these at asking prices around $110+ online.
Wanted to share and get your feedback!
The MSRP of my car was 133K and it was purchased new for 122K. I felt if I got 100K after 19 Months And 20,000 Miles, it would be a good deal, particularly since I shared this car with my dad and he chipped in 5K, my net cost was $117k. Even the low end of KBB would be a good deal on a trade to offset the tax difference.
As of this past Friday and Saturday:
CarMax Offer = 81K
BMW Dealer against trade for X1 = "Mid 80's"
I was expecting KBB values and completely shocked at the values that they came back with.
Especially with all the talk about the GTS being special.
I ended up leasing the X1 and just keeping the GTS for now at least for the spring and summer and then reevaluate the market.
Anyone with similar experiences?
Anyone know the current auction values?
That was the lowest lowball number I have seen especially since I see these at asking prices around $110+ online.
Wanted to share and get your feedback!
02-09-2018, 09:07 AM
#60
Pro
Thread Starter
Originally Posted by VintageRacer
Keep it. Why would you want to sale a new car?
Good Question. Still undecided about it.
Anticipating probable decrease of driving, the only intention to purchase is to drive it!
Can't seem to hold cars too long.
However I am sure the itch to buy another car would inevitably return, however If I can hold off about 1.5 - 2 years, it would be a good value.
Strong sale figure would lead me to sell.