Originally Posted by ryandarr1979

100%. They go from saying “tough economy for used cars right now with COVID-19” to “we actually had one of the best sales months ever” in the same sentence. Don’t pay attention to the nonsense, make a right now I’ll buy offer, and see where it goes. Yes, I’m paying sticker on a Spyder order as opposed to the 6% I got off my GTS order, but I’m comfortable with the very fair trade value. I said “this is what I want, this is what you can/should list for, and I’ve bought 4 cars from you guys and always serviced here”. They said “OK, fair deal”. What you see in the news vs the reality of a busy showroom is a very stark contrast. Back to the original point of the thread, I’m still tear-*** that Tesla offered me $36k less on a trade than what I got. I get it, but it’s still BS.

Originally Posted by raidersfan

Why not do BAT? It if it a clean car and nice build, it will get traction. Certainly more than $75k; probably between $95-110k. A really nice GTS cab went for $120k, but that was a pretty special car. Sure, you will spend a few hours of time, but it is worth it to get a decent offer. Dealers are going to low-ball right now, especially on a expensive car. High dollar cars can take a long time to sell and there is no telling if-when another shoe drops on the economy.

Also, the consignment route is great if you don't need the funds from Car A to purchase Car B. You will be guaranteed to maximize your revenue that way; paying a dealer 5-7% to sell a car at whatever retail is will guarantee you top dollar. People like the convenience of a trade but on a high dollar car, unless the sales tax issue eats up the difference, consignment always wins. Heck, I have bought several cars private party, driven them for a few months, given them to a consignment specialist, and still walked away with money in my pocket.

A director at Accenture told me today that their future engagement pipeline is drying up; the only ones spending are government agencies right now. If companies are no longer spending on expensive professional services, it doesn't portend well for future economic growth. I know of several businesses that plan on re-laying off employees once PPP funds run out....the economy is being held together by bailing wire right now and unless we get a unexpected resumption of consumer spending, things are going to stay pretty bleak until a vaccine arrives or people say "screw it", which so far hasn't happened.

A back of the napkin analysis shows that 40-60 million people are getting wage assistance from PPP right now, depending on what you assume the average wage is. What happens when that money goes away if demand hasn't returned?

I would get this sucker up on BAT ASAP.

Originally Posted by ryandarr1979

I traded for $111k. That plus MA sales tax (6.25%) credit on a $111k Spyder build means I pay no Sales Tax, but also, if I had sold private party, for say $120k, I’d have to pay $6900 sales tax on a $111k car, so I’d only really net about $3k and I’m still liable to warranty the sale for 60 days, and deal with people that want to meet, drive, negotiate, etc etc.