MMK110464

I went to Carmax to sell my wife's 2010 Audi Q7. They offered me $4k more than the Lexus dealer I am buying her new car from. I also sold Carmax my previous car 2 years ago and again their offer was the best by several thousands of dollars.

While I was delivering the Q7 to Carmax, I took the opportunity to have them appraise my Porsche, which by the way was one of the last 997.2 to arrive to the USA (August 2012):

2012 997.2
C4S
13,900 miles
Price: $110,465.00

1H Platinum Silver Metallic
250 Porsche Doppelkupplung (PDK)
267 Self Dimming Mirrors
342 Heated Seats (Front)
437 Comfort seat (left)
438 Comfort seat (right)
446 WhlCtrsw/FullcolorPorscheCrest
640 Sport Chrono Package Plus
672 Extend Navigation Mod-PCM 3.0
680 BOSE(R) Surround Sound System
686 SiriusXM(TM) Sat Radio Tuner
AN Black Standard Leather
P15 12-Way Power Seats
P35 Comfort Package
P36 Infotainment Package
Warranty Start: August 31, 2012

They offered me $60k for the Car.

What do you guys think?

hot nikon

More like $70k.

Macster

NADA:

Rough trade-in: $63,500
Average trade-in: $67,050
Clean trade-in: $70,025
Clean retail: $75,875

I think with the CarMax offer of $60K there's room for a nice profit for when the car is sold at retail.

For CarMax.

MMK110464

Thanks Hot Nikon and Macster.

My initial expectation was at least $70k, not only because my car is a 9/10 but because The Porsche Exchanged is selling an 'identical' CPO car for $83k.

hot nikon

At $70k, there is a LOT of room for them.

motopix

They have to make money somewhere. Why do you hate capitalism?

motopix

Edit: nevermind. this question is all hypothetical since you're not trading in the Porsche. RIF.

hot nikon

How did you get from that point A to point B, Tyrone?



I'm suggesting that MMK110464 keeps more of his hard earned capital in HIS pocket.


He has a very well equipped car. I wouldn't give it away.

CosmosC4S

They knew you were just wasting their time, so they low-balled you......

Lvt19672

BINGO!!!

hot nikon

And so, in the end, whose time was wasted by whom?

I don't think MMK is a poor boy, their stand-off made him walk. It could, I say "could" have made something happen.

That is why I avoid most dealerships.

So. Where do you guys work?

MMK110464

As a matter of fact, you are right HNikon. I am looking into trading for a 997.2 TT or TTS. One dealer already offered $69k for the C4s and that is why I was surprised by Carmax's offer. I was eventually going to take my car to Carmax for appraisal, but since this deal with the Q7 presented itself I requested the appraisal then and there.

After reading everybody's much appreciated input, I realized that the appraiser must have thought I was wasting his time. However, I would think that Carmax should always give their best offer because they can never be sure of their potential clients intentions.

texas_maverick

They are all just used car salesmen.

hot nikon

BINGO!!!

jhbrennan

Most dealers will tell you they make money buying cars.