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Talk to me about these "pre trade-ins"

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Old 08-20-2021, 06:07 PM
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JiminyGlick
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Default Talk to me about these "pre trade-ins"

I am in the market for a 992 and I want to take delivery at some point in April 2022. On a couple of threads I have seen people talk about doing "pre trade-ins" with their dealers. How exactly does that work? I'm assuming its a process of giving them your trade-in early to lock in today's used car prices but you take delivery on your new car at some point in the future. Is that about right? Or is it something else? Personally, I had never heard of that practice until joining these boards and I do intend to trade in my second car for the 992. Advice please.
Old 08-20-2021, 06:14 PM
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Gentian21
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You have it exactly right. The downside of all of this, of course, is that you are without your car for months. I protruded my Cayman GTS for a 992, and had no Porsche for seven months. In retrospect, it was no big deal, but when I was waiting it was painful.
Old 08-20-2021, 06:18 PM
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JiminyGlick
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Originally Posted by OwingsMills
You have it exactly right. The downside of all of this, of course, is that you are without your car for months. I protruded my Cayman GTS for a 992, and had no Porsche for seven months. In retrospect, it was no big deal, but when I was waiting it was painful.
Thanks. This is my first 992 so I already know the pain of being without a Porsche for many, many, many moons I'll be trading in my 2019 Mustang but I still have my SUV. So I'll be without a sportscar for a little bit, but I'll find a way to manage.
Old 08-20-2021, 07:15 PM
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audi4t
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I lease a Mercedes C43 AMG and have 7 payments left.

My Carrera is scheduled for delivery 11/28.

I am turning the C43 in at the beginning of September with my dealer with no early lease termination fee.

This will save me about $5500 in lease payments - I have another vehicle to use in the mean time.

I also have an option with CarMax which would actually put $2000 in my pocket. I will leverage this with my Mercedes dealer.

The used car market is crazy !!!!



Old 08-20-2021, 07:18 PM
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JiminyGlick
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Originally Posted by audi4t
I lease a Mercedes C43 AMG and have 7 payments left.

My Carrera is scheduled for delivery 11/28.

I am turning the C43 in at the beginning of September with my dealer with no early lease termination fee.

This will save me about $5500 in lease payments - I have another vehicle to use in the mean time.

I also have an option with CarMax which would actually put $2000 in my pocket. I will leverage this with my Mercedes dealer.

The used car market is crazy !!!!
Yes that's what I'm trying to lock in now. I have a 2019 Mustang GT with less than 21k miles and even CarMax has given me a crazy number.
Old 08-20-2021, 07:23 PM
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My 2019 C43 AMG only has 8612 miles 🤣🤣
Old 08-20-2021, 07:34 PM
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Yes- your general understanding is completely correct, at least in my experience.
For example, I agreed the trade-in of my 991.1 Targa4S in March 2020 and delivered it to the dealer at that time, when I spec’ed and agreed the purchase of my 992TTS (delivered in December 2020)

In my state (CT), this also had the benefit of reducing my reportable purchase price for sales-tax purposes.

Last edited by peterdouglas; 08-20-2021 at 08:15 PM.
Old 08-20-2021, 07:57 PM
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Originally Posted by JiminyGlick
I am in the market for a 992 and I want to take delivery at some point in April 2022. On a couple of threads I have seen people talk about doing "pre trade-ins" with their dealers. How exactly does that work? I'm assuming its a process of giving them your trade-in early to lock in today's used car prices but you take delivery on your new car at some point in the future. Is that about right? Or is it something else? Personally, I had never heard of that practice until joining these boards and I do intend to trade in my second car for the 992. Advice please.
I negotiated the price of my trade in and locked in the price before the actual physical trade in happens later this year. My car has lower miles and I’ve been careful not to add excessive miles to it. In my case, they gave me the ~KBB for February. Normally, this would generally work in my favor, but strangely enough the car is worth more now than it was in February. No big deal, since I negotiated a discount on the new car at that time,which I likely wouldn’t get now, so it cuts both ways.
Old 08-20-2021, 08:05 PM
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Yep. Traded a car to get in line for a GTS. There are two of us and we have three vehicles remaining so I wanted to get as much value for my trade as possible especially since it may be up to a year before my Porsche lands. Hoping for sooner but it is anyone’s guess at this time to see if I get an early allocation.
Old 08-20-2021, 08:13 PM
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Originally Posted by audi4t
I lease a Mercedes C43 AMG and have 7 payments left.

My Carrera is scheduled for delivery 11/28.

I am turning the C43 in at the beginning of September with my dealer with no early lease termination fee.

This will save me about $5500 in lease payments - I have another vehicle to use in the mean time.

I also have an option with CarMax which would actually put $2000 in my pocket. I will leverage this with my Mercedes dealer.

The used car market is crazy !!!!

Are you going with a lizard green exterior? I love that color but didn't have the ***** to order it today. Good for you if so.
Old 08-20-2021, 08:26 PM
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audi4t
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Yes - Python Green - here’s my configuration

PNCXJCE1




I like bold 🤣🤣🤣


I just had my 135i vinyl wrapped Satin Yellow !!!



Old 08-20-2021, 09:23 PM
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Russian Mafia
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Short selling a 2019 vehicle into a 2022 992 would seem to make sense right now.
Old 08-20-2021, 09:26 PM
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JiminyGlick
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Originally Posted by Russian Mafia
Short selling a 2019 vehicle into a 2022 992 would seem to make sense right now.
"Short selling"??? How do you mean?
Old 08-20-2021, 09:28 PM
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JiminyGlick
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Originally Posted by audi4t
Yes - Python Green - here’s my configuration

PNCXJCE1




I like bold 🤣🤣🤣
I like the Python Green selection. That color has me re-thinking my desire for GR. It's a very unique choice, not a lot of green cars out there.
Old 08-20-2021, 09:28 PM
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Originally Posted by JiminyGlick
"Short selling"??? How do you mean?
Taking advantage of prices today which may not be as attractive when you receive your car, not that the price of your 992 will decrease.


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