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10k vs having to trade in the previous car to your “relationship” dealer is a huge bargain.
Unless you live in a trade-in sales tax credit state like Nevada where I get 8.1% in sales tax savings, sounds like a win-win for trading in cars because it also keeps the relationship going strong.
You save roughly $10k on sales tax if you trade in a $200k car. Plus trade in helps you get the next allocation at MSRP.
I'm going to trade in one of my 911s when I get the new GT3, and struggling to decide which one to trade in. But something needs to be traded in (or sold) simply because garages are full.
not in CA or many other states. You can also play the tax fraud game like trojan. It’s fun until it’s not.
not in CA or many other states. You can also play the tax fraud game like trojan. It’s fun until it’s not.
Tax fraud game? Uhhh yeah try again, my main residency is in Las Vegas as I own a home there and have a Nevada driver's license. Not my fault CA doesn't provide a sales tax trade-in credit like many other states do.
Tax fraud game? Uhhh yeah try again, my main residency is in Las Vegas as I own a home there and have a Nevada driver's license. Not my fault CA doesn't provide a sales tax trade-in credit like many other states do.
Damn, RL is turning into ‘The View’ with all this quacking about other people’s personal business. Who gives a **** where people register their cars? Are people so bored and lonely?
Damn, RL is turning into ‘The View’ with all this quacking about other people’s personal business. Who gives a **** where people register their cars? Are people so bored and lonely?
when they try to give financial advice about how trading into a dealer at a lower price is such an amazing deal over a private sale to take advantage of a tax credit … not available in my jurisdiction. Really really ****ty advice.
when they try to give financial advice about how trading into a dealer at a lower price is such an amazing deal over a private sale to take advantage of a tax credit … not available in my jurisdiction. Really really ****ty advice.
I'm not the only one who benefits from trading back to their dealer and getting sales tax trade-in credit and it's not my fault that your local stealer/s don't know the definition of a relationship so they'll try to suck the last penny out of all their customers.
Damn, RL is turning into ‘The View’ with all this quacking about other people’s personal business. Who gives a **** where people register their cars? Are people so bored and lonely?
Exactly, never knew why it mattered where I registered my cars and if I traded them back to my dealer or not...maybe a little haterade?
when they try to give financial advice about how trading into a dealer at a lower price is such an amazing deal over a private sale to take advantage of a tax credit … not available in my jurisdiction. Really really ****ty advice.
because we all know selling GT cars privately for a little more $$ and paying massive ADM for the next GT car (because no dealer relationship) is the way to go smh
Damn, RL is turning into ‘The View’ with all this quacking about other people’s personal business. Who gives a **** where people register their cars? Are people so bored and lonely?
Who knew that jealousy is rampant in a Porsche forum? I didn’t. I wasn’t jealous when I didn’t have my MSRP allocation, I expected that my turn would come and I was willing to wait. And if my turn never came, that was ok too, I wasn’t obsessed with having a particular car. Again, it’s just a car.
For me, I’ve come to realize that not being willing to pay ADM is largely a matter of principle. These cars aren’t that expensive to develop and build (same basic formula for the past decade) and the profit margin is already high for Porsche and the dealers at MSRP. If a demand bubble has pushed the price well above MSRP and I can’t get a new one at MSRP or a lightly used one below MSRP, I just won’t buy it.
My 2021 992 TTS with CPO and 2k miles was $27k BELOW the current MSRP, so I thought that was a good deal and I really like the car (not planning to sell it or trade in). So I guess I’m lucky that not being able to get the MSRP allocation for the GT3 last year forced me to consider other cars.
when they try to give financial advice about how trading into a dealer at a lower price is such an amazing deal over a private sale to take advantage of a tax credit … not available in my jurisdiction. Really really ****ty advice.
The tax credit applies in almost all states, and people should know whether it applies in their state.
If one must have a 911, best value is a low miles CPO bought when the market isn't near the peak of a demand bubble.
Would you have paid $20k over MSRP in 2022 to get a GT3 allocation? You have no problem paying the extra $20k price increase now though since it is Porsche setting the price, rather than the market.
I think paying MSRP or not is more about psychology and personal principles than it is with profit margins and economics.
05-21-2023, 06:06 PM
