Notices
991 2012-2019
Sponsored by:
Sponsored by:

Reasonable trade-in value on a 2017 C4S, 13K mi, PTS (Fashion Grey)

Thread Tools
 
Search this Thread
 
Old 01-18-2019, 12:50 AM
  #31  
raidersfan
Three Wheelin'
 
raidersfan's Avatar
 
Join Date: May 2016
Location: PAC NW
Posts: 1,312
Received 154 Likes on 113 Posts
Default

Originally Posted by kuma1416
What is this "tax credit" and "tax offset" that people are referring to? I'm not familiar with that. Other than sales tax when you purchase, you shouldn't owe any taxes when you sell or trade your car because you're selling it for less than you bought it (almost all the time).
Those people not lucky enough to live in a tax-free state have to pay the difference on the trade value vs new car value in tax. It lessens the gains made by pursuing a private party sale. Some states, like Oregon, don't have sales tax. Others, like CA, don't give out any sort of tax credit. Those are great states to buy a private party car in, as sellers are looking to get something above the trade value. In other states, most people just trade their cars in and they never hit the private party listings, outside of a "near dealer" price.
Old 01-18-2019, 02:42 AM
  #32  
drive95
Instructor
 
drive95's Avatar
 
Join Date: Dec 2017
Location: Chattanooga, TN
Posts: 249
Received 102 Likes on 42 Posts
Default

Absolutely incredible build. It's quite literally nearly exactly what I'd choose for myself. Wish I were at the point to sell my 991.1 C2 and make you an offer! Congrats on the GT3

Old 01-18-2019, 12:09 PM
  #33  
nimprojects
Racer
Thread Starter
 
nimprojects's Avatar
 
Join Date: Oct 2016
Location: NYC
Posts: 263
Received 6 Likes on 4 Posts
Default

Thanks for all the kind words regarding the building, it turned out well.

Also, thanks for the trade value replies — I reckon $105K is a decent number on a trade (vs say $115K on a private sale). The dealer I bought the C4S from offered $100K as a first offer so I would expect a higher trade-in number form the dealer that's supplying the GT3. Only issue is they're about 1200mi away so it's a little extra work on their end plus whatever is costs to transport.

I would do a private sale, but too much work/time right now and the GT3 is already on the boat
Old 11-02-2019, 01:15 AM
  #34  
Vonsigan
4th Gear
 
Vonsigan's Avatar
 
Join Date: Apr 2018
Posts: 4
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by nimprojects
Thanks for all the kind words regarding the building, it turned out well.

Also, thanks for the trade value replies — I reckon $105K is a decent number on a trade (vs say $115K on a private sale). The dealer I bought the C4S from offered $100K as a first offer so I would expect a higher trade-in number form the dealer that's supplying the GT3. Only issue is they're about 1200mi away so it's a little extra work on their end plus whatever is costs to transport.

I would do a private sale, but too much work/time right now and the GT3 is already on the boat
What did you end up getting for your C4S? About to trade mine in 😬

Last edited by Vonsigan; 11-02-2019 at 02:16 AM.
Old 11-02-2019, 09:10 AM
  #35  
Pilot12
Advanced
 
Pilot12's Avatar
 
Join Date: Aug 2018
Posts: 54
Received 10 Likes on 7 Posts
Default

Some of the folks in here are saying 13k is high mileage for a 2017. I don’t see how that is high mileage. Especially if the car was taken delivery in early 17. I’ve learned many of times that you drive the car and enjoy it. These are not Ferrari’s or lambos or some special edition like the GT2 RS. So you get a few thousand more if it had 5k less miles. Who cares, not worth it. You buy these things to drive, not to be premadonnas that you stare at in the garage everyday.
Old 11-02-2019, 10:20 AM
  #36  
fast1
Race Car
 
fast1's Avatar
 
Join Date: Oct 2004
Posts: 3,899
Received 222 Likes on 147 Posts
Default

Originally Posted by Pilot12
Some of the folks in here are saying 13k is high mileage for a 2017. I don’t see how that is high mileage. Especially if the car was taken delivery in early 17. I’ve learned many of times that you drive the car and enjoy it. These are not Ferrari’s or lambos or some special edition like the GT2 RS. So you get a few thousand more if it had 5k less miles. Who cares, not worth it. You buy these things to drive, not to be premadonnas that you stare at in the garage everyday.
I believe that new Porsches average less than 5K miles a year. So 13K is a tad high, but not enough to appreciably affect value.
It seems that the only Porsches that retain their value well are GT cars. I just read in the GT4 section where a guy was offered $81K by a Porsche dealer for his $97K build.
Old 11-02-2019, 11:10 AM
  #37  
Truble10
Rennlist Member
 
Truble10's Avatar
 
Join Date: Mar 2004
Location: Scottsdale
Posts: 846
Received 134 Likes on 92 Posts
Default

I think you are looking closer to $95k based on wholesale numbers. Even in auction market with 13,000 miles it gets a $4500 discount.

You might get get closer to $99k if you have a great relationship with dealer but based on time of year I would not expect more that that.
Old 11-02-2019, 11:32 AM
  #38  
Thinc2
Pro
 
Thinc2's Avatar
 
Join Date: Jul 2016
Location: Bellevue, WA
Posts: 544
Received 188 Likes on 110 Posts
Default

What a car! I think you can get $105 from the dealer - they can sell this in a week or two for $115 - $118 and someone will be getting an amazing car.
Old 11-02-2019, 11:35 AM
  #39  
Keadog
Rennlist Member
 
Keadog's Avatar
 
Join Date: Dec 2009
Posts: 6,987
Received 1,138 Likes on 686 Posts
Default

You all realize this thread is almost a year old, correct?
Old 11-02-2019, 11:45 AM
  #40  
ChrisF
Rennlist Member
 
ChrisF's Avatar
 
Join Date: Dec 2005
Location: La La Land
Posts: 4,210
Received 1,047 Likes on 383 Posts
Default

Necrobump strikes again
The following users liked this post:
Freddie Two Bs (11-02-2019)
Old 11-02-2019, 12:17 PM
  #41  
garfunkle
Banned
 
garfunkle's Avatar
 
Join Date: Aug 2018
Posts: 2,348
Received 1,151 Likes on 630 Posts
Default

Seriously - stop at carmax and see what they will give you.
Old 11-03-2019, 11:00 AM
  #42  
Thinc2
Pro
 
Thinc2's Avatar
 
Join Date: Jul 2016
Location: Bellevue, WA
Posts: 544
Received 188 Likes on 110 Posts
Default

Originally Posted by Keadog
You all realize this thread is almost a year old, correct?
No, I missed that entirely
Old 11-03-2019, 04:48 PM
  #43  
fuddman
Burning Brakes
 
fuddman's Avatar
 
Join Date: Jan 2015
Posts: 764
Likes: 0
Received 13 Likes on 11 Posts
Default

Originally Posted by Vonsigan
What did you end up getting for your C4S? About to trade mine in 😬
Trade in value depends on several things, the most important of which (and, all things considered, the best you'll get for it) is what the dealer believes is the auction value of the trade. Second is how you plan to finance the car, cash, lease, loan. Usually, the dealer can make more money off a lease or finance deal than a cash deal so that decision should be part of the negotiation for the trade value. Also at play for lot cars is how long the new car has been sitting on the dealers lot. That should be part of the negotiations as well.

To simply the buying process, the best way to negotiate a deal when you have a trade to offer is first to tell the dealer you want a pure cash deal (yes, lie) , i.e., no trade, no lease, no finance. Negotiate your best discount deal with him under those conditions. Negotiate for somewhere around 8% discount off sticker on the new car more if you think you can get it.. Once you have established a cash price for the new car, then bring up the trade. Assuming you've squeezed all the discount out him that you can get, he will give you a trade value - which likely will be the auction value of your trade in. Caution: If he offers you more for your trade than you expected, you probably didn't squeeze him hard enough.

If you need financing/lease, at this point, he'll gladly give it to you because, as I said, he makes money off those deals.

Good luck with it!
Old 11-03-2019, 05:16 PM
  #44  
fuddman
Burning Brakes
 
fuddman's Avatar
 
Join Date: Jan 2015
Posts: 764
Likes: 0
Received 13 Likes on 11 Posts
Default

Originally Posted by fast1
I believe that new Porsches average less than 5K miles a year.
No way. Much more than that.

Maybe. If you mean those embarrassing to drive on the highway winged jobs

In any case, it depends on what you would include as "new."
Old 11-03-2019, 05:39 PM
  #45  
fast1
Race Car
 
fast1's Avatar
 
Join Date: Oct 2004
Posts: 3,899
Received 222 Likes on 147 Posts
Default

Originally Posted by fuddman
No way. Much more than that.

Maybe. If you mean those embarrassing to drive on the highway winged jobs

In any case, it depends on what you would include as "new."
Over the decades I have met many owners of new 911s, and they owned multiple cars. Hence the low miles. By "new" I mean purchased new and not used.



Quick Reply: Reasonable trade-in value on a 2017 C4S, 13K mi, PTS (Fashion Grey)



All times are GMT -3. The time now is 07:16 PM.