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Current market value for a CGT?

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Old 11-20-2007, 12:26 PM
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Carrera2kid
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Default Current market value for a CGT?

What is the current market value of a CGT?
1. Hardly used (less than 1,000 miles),
2. Somewhat used (1,000 to 3,000)
3. Used (more than 3,000)

Thanks and regards,
Ray
'07 RS
'05 CGT
Old 11-20-2007, 01:24 PM
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Jamie140
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Depends upon color and year. My guess is black/other color:

410/390
400/380
370/350

Perhaps some of the guys who just bought 'em will chime in.
Old 11-20-2007, 03:58 PM
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PogueMoHone
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I know Black does not command a premium, and certainly not a $20K premium unless it is to that special buyer who is fixated on that choice (but any color would qualify for that premium). Black can be a detriment to some (and need a discount), it is like many colors either you love it or hate it.

A special non-standard color might command a discount/premium but there aren't too many on this car.

Otherwise, if you averaged the posted prices I think you'd be coming close, but they are still headed up.
Old 11-20-2007, 05:48 PM
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Carrera2kid
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Originally Posted by Colm
I know Black does not command a premium, and certainly not a $20K premium unless it is to that special buyer who is fixated on that choice (but any color would qualify for that premium). Black can be a detriment to some (and need a discount), it is like many colors either you love it or hate it.

A special non-standard color might command a discount/premium but there aren't too many on this car.

Otherwise, if you averaged the posted prices I think you'd be coming close, but they are still headed up.
Mine is Fayence Yellow, if that matters one way or another.
Ray
Old 11-24-2007, 12:54 PM
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Tipo815
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As far as CGTs go black has always been a premium color and even if some don't consider it a premium it's certainly not a discount point. Silver on the other hand ...
Old 11-24-2007, 07:12 PM
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PogueMoHone
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Originally Posted by Tipo815
As far as CGTs go black has always been a premium color and even if some don't consider it a premium it's certainly not a discount point. Silver on the other hand ...
I think, around 50%, or so, of the non-Silver US cars are black. That is not rare in my book. Rare is White or Orange or Cobalt Blue etc. Yellow and Red while plentiful too, are less available than Black (or Silver).

However, a smart buyer (imo) should always be prepared to pay a premium for any used car (or color) that is a "perfect" fit.
Old 11-24-2007, 08:38 PM
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richk
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My black beauty will be on a truck heading for LA Monday...I did have to pay a 20k premium over a silver car. The irony is I saw a silver car this afternoon and loved it.

This is my dream car and I will never sell it...so the 20k premium was something I have to live with.
Old 11-24-2007, 10:37 PM
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GBGT
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Originally Posted by Colm
I know Black does not command a premium, and certainly not a $20K premium unless it is to that special buyer who is fixated on that choice (but any color would qualify for that premium). Black can be a detriment to some (and need a discount), it is like many colors either you love it or hate it.

A special non-standard color might command a discount/premium but there aren't too many on this car.

Otherwise, if you averaged the posted prices I think you'd be coming close, but they are still headed up.
You sir haven't the slightest idea what you are talking about and have obviously never shopped the Carrera GT market.

Gloss black cars (NOT basalt) command the greatest premium next to special paint cars. Cars that were ordered with the $15,000 special paint option are commanding the highest premium. The demand for yellow cars also seems healthy. Silver, grey, basalt, and red cars sit at the floor of the market as far as demand is concerned.
Old 11-24-2007, 11:32 PM
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tdf360
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Originally Posted by GBGT
You sir haven't the slightest idea what you are talking about and have obviously never shopped the Carrera GT market.
This should be interesting.

Gary
Old 11-25-2007, 01:01 AM
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PogueMoHone
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Originally Posted by GBGT
You sir haven't the slightest idea what you are talking about and have obviously never shopped the Carrera GT market.

Gloss black cars (NOT basalt) command the greatest premium next to special paint cars. Cars that were ordered with the $15,000 special paint option are commanding the highest premium. The demand for yellow cars also seems healthy. Silver, grey, basalt, and red cars sit at the floor of the market as far as demand is concerned.
Do you own a CGT?

Have you ever shopped for one?

Did you spend 3 years tracking the market?

Do you have data on every color shipped into the US market?

Do you have wholesale (and retail) information about cars purchased and exported to Germany and Britain?

Do you know any wholesalers?

Have you talked to the Premiers or Putnams (Leasing Companies) of the world to see their reaction or risk tolerance for premiums on different colors?

Do you know the service history of cars exported?

Do you have friends who bought and sold new CGTs (black) without premiums, but discounts on both ends, happy on both occasions?

Have you done your homework?

If not, then maybe maybe your knowledge is "slight" and opinion premature.

Let me be clear:

A black car that is right for the buyer is worth a premium. As is a silver, red or yellow one.

A car that is black (or silver or red, etc.) is not necessarily worth a premium.

And, I probably shopped (and thought about) the CGT market more than any person in the US.

Oh! and I do own one. Something hard to accomplish if you haven't shopped the market.

Yes, I bought Silver (nearly bought Red) after polling a number of youthful enthusiasts about which color they preferred. Figuring they would be the buyers in 50 years time when I was too old to drive the car!!

However, I do not believe I have the best color. I believe, I have the best color for me and I hope everyone who has one (of any color) of these cars thinks the same thing.

But, to think your color is worth a premium when it is unsupported by Wholesale data is unfounded. A Salesman who can extract a premium for a black car, because of its perceived value has done a good jog for his Employer , and a job on his customer.

At the end of the day, color is such an individual and arbitrary preference. Yet there is nothing arbitrary about the performance (reason to own) the CGT

Last edited by PogueMoHone; 11-25-2007 at 10:48 AM. Reason: clarity
Old 11-25-2007, 05:19 AM
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richk
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The only point I will contest is the thought about...I haven't slept more than 4 hour straight since I purchased my CGT. I will have my car in 5 days...I am considered putting a bed in the garage and sleeping next to it.
Old 11-25-2007, 11:42 AM
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cmcjo
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Originally Posted by richk
My black beauty will be on a truck heading for LA Monday...I did have to pay a 20k premium over a silver car. The irony is I saw a silver car this afternoon and loved it.

This is my dream car and I will never sell it...so the 20k premium was something I have to live with.
Congratulations Rich. I love Black. I love all of the colors these cars come in. Except maybe that light blue color.

Post your pics when it arrives
Old 11-25-2007, 12:15 PM
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What Jaime140 said.
Old 11-25-2007, 01:28 PM
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Anybody know what the highest mileage CGT sold for? The first response suggested $40,000 depreciation for driving more than 2,000 miles (1,000 to >3,000). I'm curious about what happens when the car gets to 30,000 miles, or do we assume that never happens? AS
Old 11-25-2007, 01:51 PM
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netburner
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I know one CGT here in Germany with nearly 150.000kms (around 93.200 mls) on the clock.


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