looks like my game of chicken with the dealer isn't going to work out
#1
Instructor
Thread Starter
Join Date: Feb 2015
Location: South Jersey
Posts: 173
Likes: 0
Received 0 Likes
on
0 Posts
looks like my game of chicken with the dealer isn't going to work out
Was trying to negotiate with my local dealer on a low mileage car. He wanted an outrageous number, I gave him what I thought was a fair number, he came down quite a bit but we were still 11k apart and he wasn't moving. I walked because it wasn't my perfect car, but I have to say it was close. Fast forward 5 weeks and I sent him an email saturday night asking if he wanted to meet in the middle since the car has been there for 2 months and got his response today that there is a sale pending. I might regret this one but I just wasn't comfortable with what I felt was really overpaying for this thing.
#4
Agent Orange
Rennlist Member
Rennlist Member
I've seen it listed. Very nice car! But you will be paying a hefty premium on a sub 2K mile car if you plan on driving it. If it will sit in the garage then the price isn't terrible, considering the current market. There isn't another car like it for sale right now, which is why they've priced it "outrageously." And the thing is, in the short term you won't lose money on it as long as you don't put miles on it. Long term who knows.
The current situation is weird. Right now I wouldn't buy an RS car if I planned to drive it. Pricing is way out of my comfort level... Plane Jane GT3 is still somewhat affordable. Who knows for how long...
Good luck with the search!
The current situation is weird. Right now I wouldn't buy an RS car if I planned to drive it. Pricing is way out of my comfort level... Plane Jane GT3 is still somewhat affordable. Who knows for how long...
Good luck with the search!
#5
Instructor
Thread Starter
Join Date: Feb 2015
Location: South Jersey
Posts: 173
Likes: 0
Received 0 Likes
on
0 Posts
I've seen it listed. Very nice car! But you will be paying a hefty premium on a sub 2K mile car if you plan on driving it. If it will sit in the garage then the price isn't terrible, considering the current market. There isn't another car like it for sale right now, which is why they've priced it "outrageously." And the thing is, in the short term you won't lose money on it as long as you don't put miles on it. Long term who knows.
The current situation is weird. Right now I wouldn't buy an RS car if I planned to drive it. Pricing is way out of my comfort level... Plane Jane GT3 is still somewhat affordable. Who knows for how long...
Good luck with the search!
The current situation is weird. Right now I wouldn't buy an RS car if I planned to drive it. Pricing is way out of my comfort level... Plane Jane GT3 is still somewhat affordable. Who knows for how long...
Good luck with the search!
#6
GT3 player par excellence
Lifetime Rennlist
Member
Lifetime Rennlist
Member
if you want RS, find the one you want, and pay whatever it takes, b/c the price will keep going up. the lower mile cars wil not only go up price but go up logarithmically
gt3 is bargain of the moment, in 6 months they will behave just like RS
dont plan on econ popping. when it does 95% of the ppl are hurting. dont be so sure you will be the 5%!
gt3 is bargain of the moment, in 6 months they will behave just like RS
dont plan on econ popping. when it does 95% of the ppl are hurting. dont be so sure you will be the 5%!
#7
Rennlist Member
This car was originally for sale at Porsche of North Houston for $129 and could of been had for $125. Then Porsche of Main Line PA bought it and immediately jacked the price to $160. POML offered it to me for $145. For $160-170 I can get an RS or a Scud, so I passed. In fact for $145 I can get Superlegga Gallardo with a manual.
Trending Topics
#8
This car was originally for sale at Porsche of North Houston for $129 and could of been had for $125. Then Porsche of Main Line PA bought it and immediately jacked the price to $160. POML offered it to me for $145. For $160-170 I can get an RS or a Scud, so I passed. In fact for $145 I can get Superlegga Gallardo with a manual.
#9
Rennlist Member
#11
Agent Orange
Rennlist Member
Rennlist Member
#12
Simple math...you wanted your 11K more than you wanted the car. Now you know your limits. It's always good to find out how much you're willing to pay for a vehicle.....now you have a good starting point to shop. I'd say stay away form a SCUD...having put 9K miles on mine...it'll beat you up...not good for about 150 miles before you have to get out and take a break.
#13
Unlike standard production type cars, "specialty" type sport cars are obviously different when you're negotiating price. Asking price vs what you believe the value to be are usually mutually exclusive especially if your insistant on getting a bargain and\or negotiating with a dealer. Think of the time you'll be without having the enjoyment of ownership when possibly, at a later date, you'll succumb to paying a higher amount in the the end anyway. Happen to me on a different brand of GT, I held out 2 stubburn years simply because I got 'invested' in the negotiating process and convincing myself the seller would come down. Prices continued rising and I ended up buying the same car at $30k more than where we started. Missed two years of enjoyment AND paid 25% more!!
So I learned: If you like it, can afford it, buy it, enjoy it. I've never had the experience of receiving more money than I spent on a car so I really don't get the logic of purchasing a car with the mindset of 'what will I be able to sell it for' or 'the price is too high because when I go to sell it....'. Other than selling the "investment" logic to the wife, I find it odd to be looking at price from that viewpoint and more from "what is that car worth to me". If you want to practice and hone your negotiating skills then go down the Jewelry Mart with the wife and negotiate away on a diamond ring, now that's a challenge and a win\win for everyone!
Another viewpoint I have (like anyone cares....) is leave the profit making to the people that do that as a living and don't begrudge them for making a profit. I'm in a non-car related occupation that affords me the ability to live my car dreams so I stick to what I know. I make way more return on my money working what I know than I could ever do negotiating or investing in cars. Negotiating is a good thing but don't let that dominate your decision, rather, pay what the car is worth to you then drive the **** out of it, look at it, polish it, do what ever thrills you. It's worth it!
So I learned: If you like it, can afford it, buy it, enjoy it. I've never had the experience of receiving more money than I spent on a car so I really don't get the logic of purchasing a car with the mindset of 'what will I be able to sell it for' or 'the price is too high because when I go to sell it....'. Other than selling the "investment" logic to the wife, I find it odd to be looking at price from that viewpoint and more from "what is that car worth to me". If you want to practice and hone your negotiating skills then go down the Jewelry Mart with the wife and negotiate away on a diamond ring, now that's a challenge and a win\win for everyone!
Another viewpoint I have (like anyone cares....) is leave the profit making to the people that do that as a living and don't begrudge them for making a profit. I'm in a non-car related occupation that affords me the ability to live my car dreams so I stick to what I know. I make way more return on my money working what I know than I could ever do negotiating or investing in cars. Negotiating is a good thing but don't let that dominate your decision, rather, pay what the car is worth to you then drive the **** out of it, look at it, polish it, do what ever thrills you. It's worth it!
#15
Instructor
Thread Starter
Join Date: Feb 2015
Location: South Jersey
Posts: 173
Likes: 0
Received 0 Likes
on
0 Posts
Simple math...you wanted your 11K more than you wanted the car. Now you know your limits. It's always good to find out how much you're willing to pay for a vehicle.....now you have a good starting point to shop. I'd say stay away form a SCUD...having put 9K miles on mine...it'll beat you up...not good for about 150 miles before you have to get out and take a break.
Last edited by NJRickD; 04-14-2015 at 02:37 PM. Reason: misspelling