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I sold back my car to the dealer and got a really good price in the end I think. Dealership grumbled with the price I asked for, but they signed in the end. Crazy thing is I actually left money on the table because there was another party interested that was willing to pay several thousand more. Sellers market for sure.
The sad thing is how many owners think they have won the lottery because they have a car. Next they’ll be trying to tap into their car equity, LOL. A lot of Porsche people seem unnaturally obsessed about resale value and $$. It’s not an investment, it’s an expenditure. But hey, I guess I should let them enjoy their bubble before it bursts. Just don’t get tears on you leather seats, it’ll definitely kill the resale.
The sad thing is how many owners think they have won the lottery because they have a car. Next theyll be trying to tap into their car equity, LOL. A lot of Porsche people seem unnaturally obsessed about resale value and $$. Its not an investment, its an expenditure. But hey, I guess I should let them enjoy their bubble before it bursts. Just dont get tears on you leather seats, itll definitely kill the resale.
I think resale is something normal to consider with any car purchase. Although resale is in the back of my mind, the reason Im buying another 911 is because I want a 911, not to sell it to make more money. However, its good to know if I ever have to sell, I wont lose my ***.
I think resale is something normal to consider with any car purchase. Although resale is in the back of my mind, the reason Im buying another 911 is because I want a 911, not to sell it to make more money. However, its good to know if I ever have to sell, I wont lose my ***.
People on here love to claim they buy the car to drive and dont care about resale value but I dont believe it. I sure see an awful lot of 2-3 year old 991.2 GT3 owners selling their cars WAY over MSRP right now.
its even worse in BC Canada because of the incoming new tax in Jan 2021, dealers are pitching the idea of buy now and save big on tax. Everything in this market is unreasonable, not just Porsche. Friend and I saw a Ram TRX asking for $190k at Richmond Chrysler dealer.
Im in Vancouver BC. My high spec 2020 C4S, delivered Feb 2020 before COVID , had a MSRP of about 189 before freight, pdi, taxes. In BC, tax rate is 26% going up another 10% in January. I havent even asked or considered selling it back to the dealer, I dont really want to, I love the car. Even if I did want to sell it back, Id lose the tax unless I traded to a car of equal or higher value. Id still lose money on the taxes even if they could give me close to what I paid. Maybe in a couple years, Ill consider a Turbo S. I think the Turbo S suits me better than a GT3, even if the GT3 retains $ better. My dealer is awesome, have had amazing experience there and I trust they will help me when the time comes.
Im in Vancouver BC. My high spec 2020 C4S, delivered Feb 2020 before COVID , had a MSRP of about 189 before freight, pdi, taxes. In BC, tax rate is 26% going up another 10% in January. I havent even asked or considered selling it back to the dealer, I dont really want to, I love the car. Even if I did want to sell it back, Id lose the tax unless I traded to a car of equal or higher value. Id still lose money on the taxes even if they could give me close to what I paid. Maybe in a couple years, Ill consider a Turbo S. I think the Turbo S suits me better than a GT3, even if the GT3 retains $ better. My dealer is awesome, have had amazing experience there and I trust they will help me when the time comes.
I hope its not PCV you are talking about, they are great when theres no trade involved, other than GT cars, they offer the lowest of whatever the rest of the province would do. I too think a Turbo or Turbo s would be more suitable for my usage than any GT variants. I got a fairly decent deal of my C4S which I picked up in Sep 2020 from Kelowna. I had a trade and the difference saved was $39k plus tax(26%) when I dealt with Porsche Kelowna rather than PCV.
It is normal for any dealer to try to get whatever they can or any business actually. But normal production levels and transit times will return and there will be plenty of cars and dealers willing to to deal again. Still have a mess in Asia and other parts of the world. But normal although a new normal will return.
It is normal for any dealer to try to get whatever they can or any business actually. But normal production levels and transit times will return and there will be plenty of cars and dealers willing to to deal again. Still have a mess in Asia and other parts of the world. But normal although a new normal will return.
Totally agree so I guess we will just have to "ride" it out until then.
Am I the only one completely unbothered by these cars getting $10k-$20k over sticker? Isn't this better than models rotting on dealer lots being sold for $20k under MSRP and depreciating 50% in year one? I'm pumped to have a car on the way that everyone wants to buy but nobody can unless they bring a healthy checkbook.
I'm not bothered at all. It certainly helped me when I recently sold my 992 TTS.
Pretty crazy. I picked up my 992 last year the week before lockdown (talk about luck, it was the last day of delivery at PECLA too for a long while). Over the last two months, I have had my local dealer here in the Bay Area email me on a bi-weekly basis trying to buy my car. Right now they're sitting at 5% over what I paid for it. I told them I'm only game if they put me at the top of the list for a GT3 allocation too though... waiting to hear back on that
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