2013 C2s fair trade-in values?
#31
Rennlist Member
I believe OP is trying to justify that his trade-in should be worth $70k+ and was surprised that some of us said $65k is fair. Just look at Rennlist classified section. There are one ad asking $70k that has been sitting for some time. Time and inventory is money. Don't expect dealers to pay you retail on a trade in
#32
Rennlist Member
#33
Rennlist Member
That would be just about the minimum sale price that I'd accept from a private party versus a trade in- assuming they were easy to work with.
#34
Drifting
In May of this year I traded in my 2012.5 911 cabriolet S for $70,000. I thought that was a good price on the trade. It had 25,000 miles on it and it had a list price of $150,000. I can tell you that I was offered aproximately $58-$60,000 by two other dealerships. So when I got a $70,000 offer I thought it was very fair. Maybe I could’ve held out for a little more on a private sale but I’ve tried this route before and it never seems to work out. People are flaky and they change their mind at the last minute. In my opinion it’s not worth the aggravation not to mention the sales tax benefit.
#35
In May of this year I traded in my 2012.5 911 cabriolet S for $70,000. I thought that was a good price on the trade. It had 25,000 miles on it and it had a list price of $150,000. I can tell you that I was offered aproximately $58-$60,000 by two other dealerships. So when I got a $70,000 offer I thought it was very fair. Maybe I could’ve held out for a little more on a private sale but I’ve tried this route before and it never seems to work out. People are flaky and they change their mind at the last minute. In my opinion it’s not worth the aggravation not to mention the sales tax benefit.
#36
Rennlist Member
Join Date: Jul 2001
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It is very easy to get the sticker on these cars high; my wife was able to get a Targe GTS over $200k on the configurator.
#37
The trade in value of a car to a dealer is what the dealer believes he can get for the car at auction.
The reason is, if the dealer needs cash quickly, he has to sell inventory quickly. That means converting his inventory to cash at auction.
If you decide to offer your car in trade, the best approach is to negotiate with the dealer without revealing your intent to offer a trade. IOW, negotiate your best deal as if you were going to pay cash or finance the deal, keeping your intent to trade out of the picture. Once you've arrived at this best no-trade negotiated price, then (and only then) ask for the value of your trade. You'll learn very quickly the auction price of your car.
Warning: If the dealer values your trade at the price your trade is selling for on the open market, then your paying too much for the new car.
Note: Tax benefits are not going to determine whether or not you've negotiated a good deal nor will they save you from a poorly negotiated deal.
The reason is, if the dealer needs cash quickly, he has to sell inventory quickly. That means converting his inventory to cash at auction.
If you decide to offer your car in trade, the best approach is to negotiate with the dealer without revealing your intent to offer a trade. IOW, negotiate your best deal as if you were going to pay cash or finance the deal, keeping your intent to trade out of the picture. Once you've arrived at this best no-trade negotiated price, then (and only then) ask for the value of your trade. You'll learn very quickly the auction price of your car.
Warning: If the dealer values your trade at the price your trade is selling for on the open market, then your paying too much for the new car.
Note: Tax benefits are not going to determine whether or not you've negotiated a good deal nor will they save you from a poorly negotiated deal.